AUSTIN, Texas–(BUSINESS WIRE)–Astrotech Corporation (NASDAQ: ASTC) reported its financial results for the first quarter of fiscal year 2021, which ended September 30, 2020. In October, we completed two strategic capital raises for a total of $24.2 million, strengthening our balance sheet for our future growth. The financings allow for continued operating expenses and working capital…
DetailsMONCTON, New Brunswick–(BUSINESS WIRE)–Organigram Holdings Inc. (NASDAQ: OGI) (TSX: OGI), the parent company of Organigram Inc. (the “Company” or “Organigram”), a leading licensed producer of cannabis, announced today the closing of its previously announced underwritten public offering of units of the Company (the “Units”) for total gross proceeds of C$69,143,750 (the “Offering”). The Company sold…
DetailsEDGEWOOD, Md.–(BUSINESS WIRE)–Smiths Detection, a leading threat detection and security technology company, announces that it has developed the capability to detect synthetic cannabinoids, commonly known as Spice or K2, with its IONSCAN 600 trace detection solution. This development comes following an extensive R&D process and testing trials with major correctional institutions around the world and…
DetailsBALTIMORE & THOROFARE, N.J.–(BUSINESS WIRE)–MyMD Pharmaceuticals, Inc. (“MyMD”) and Akers Biosciences, Inc. (“Akers”) (NASDAQ: AKER) today jointly announced that they have entered into a definitive merger agreement. Upon closing the transaction, the combined company is expected to be renamed MyMD Pharmaceuticals, Inc. and remain listed on the Nasdaq under the new ticker symbol “MYMD.” The…
DetailsDUBLIN–(BUSINESS WIRE)–The “Global Plant Protein Business and Investment Opportunities (2018-2027) Insight Series – White Space/Gap Analysis, Product Strategy, Innovation and Brand Share Analysis, Competitive Landscape, Market Size Across 50+ Segments – Updated in Q3, 2020” report has been added to ResearchAndMarkets.com’s offering. Globally, the plant-protein market has recorded strong growth in recent years. The growth…
DetailsHANOVER, Pa.–(BUSINESS WIRE)–Utz Brands, Inc. (NYSE: UTZ) (“Utz” or the “Company”), a leading U.S. manufacturer of branded salty snacks, announced that its subsidiaries Utz Quality Foods, LLC (“UQF”) and Heron Holding Corporation have entered into a definitive agreement to acquire Truco Enterprises (“Truco”), a leading seller of tortilla chips, salsa and queso under the ON…
DetailsVANCOUVER, British Columbia–(BUSINESS WIRE)–Emerging leader in infused innovations BevCanna Enterprises Inc. (“BevCanna” or the “Company”) (CSE:BEV, OTCQB:BVNNF, FSE:7BC), is excited to announce the development of a new Beyond Energy all-natural hemp energy drink. Launched in partnership with experienced beverage company, Naturo Group, the beverage will be sold under BevCanna’s flagship house brand, Anarchist Mountain Beverages™.…
DetailsLOS ANGELES–(BUSINESS WIRE)–MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF), a leading cannabis retailer with operations across the United States, today announced the results of its annual meeting (the of shareholders (“MedMen Shareholders”) held on November 10, 2020. MedMen Shareholders voted in favor of the following agenda items: Setting the number of…
DetailsCHARLOTTE, N.C.–(BUSINESS WIRE)–cbdMD, Inc. (NYSE American: YCBD, YCBD.PR.A), one of the nation’s leading and most highly trusted and recognized cannabidiol (CBD) brands, announced today that it has retained nationally recognized biotechnology company IONTOX (https://www.iontox.com), to validate the Company’s patent pending proprietary cannabinoid formulations. On July 9, 2020, cbdMD announced it had filed provisional patents on…
DetailsDENVER–(BUSINESS WIRE)–Realm of Caring (RoC), a nonprofit dedicated to cannabinoid research, educational programs and services, is pleased to announce a one-year partnership with Bloom Medicinals, a multistate operator of medical cannabis businesses. The partnership is a piece of a larger RoC research initiative designed to advance the science of cannabis as it relates to health…
DetailsROSEVILLE, Minn.–(BUSINESS WIRE)–Calyxt, Inc. (NASDAQ: CLXT), a plant-based technology company, today announced a research collaboration with NRGene® that includes the adoption of NRGene’s cloud-based genomics platform to support key Calyxt’s research projects. The genomics solutions are expected to allow for more comprehensive evaluations to accelerate trait discovery and breeding across multiple crops. Calyxt is leveraging…
DetailsLONDON–(BUSINESS WIRE)–The legal cannabis market is poised to grow by USD 27.89 billion during 2020-2024, progressing at a CAGR of almost 21% during the forecast period. Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Download Free Sample Report on COVID-19 Recovery Analysis The report on the legal cannabis market…
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