News

HONG KONG–(BUSINESS WIRE)–AM Best has maintained the under review with positive implications status for the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb+” of Century Insurance Company (Guam) Limited (CIC Guam) (Guam). These Credit Ratings (rating) were placed under review on 3 July 2019, following an announcement that DB…

MJ, The World’s Largest Cannabis ETF, Declares Quarterly Dividend

SUMMIT, N.J.–(BUSINESS WIRE)–ETFMG, a leading thematic ETF issuer behind the world’s largest cannabis ETF, MJ, the ETFMG Alternative Harvest ETF (NYSE Arca: MJ), has declared a $12,124,000 quarterly dividend, which equates to $0.28 cents per share. Across 2020, investors in MJ received a cumulative $16,404,000 in quarterly dividend payouts. This quarter’s dividend projects an annualized…

Roots-based Educational Pride Summit and Celebration: Generation Pride

LOS ANGELES–(BUSINESS WIRE)–Today, Generation Pride launches their month-long multimedia education and storytelling campaign, produced by leadership development nonprofit hub The Social Impact Center, celebrity florist, event producer and cannabis advocate, The Flower Daddy, and womxn and non-binary creative and activist group, Tree Femme Collective. Hosted on June 27th, the anniversary of the Stonewall Riots, The…

Intellicheck Set to Join the Russell 3000® and Russell 2000® Indexes

MELVILLE, N.Y.–(BUSINESS WIRE)–Intellicheck (Nasdaq: IDN), an industry leader in identification authentication solutions, today announced that the Company is set to join the broad-market Russell 3000 and Russell 2000 Index at the conclusion of the 2020 Russell indexes annual reconstitution, effective after the U.S. stock market opens on June 29, 2020, based on a preliminary list…

POSaBIT Reports Full Year 2019 Financial Results

TORONTO & SEATTLE–(BUSINESS WIRE)–POSaBIT Systems Corporation (CSE: PBIT), a leading financial technology company delivering unique payment processing and point-of-sale (POS) systems for cash-only businesses with a focus on the cannabis industry, is pleased to report its financial results for the year ended Dec. 31, 2019. “We are very happy with our 2019 results, nearly doubling…

Bluma Wellness Inc. Commences Trading on CSE

TORONTO–(BUSINESS WIRE)–Bluma Wellness Inc. (formerly Goldstream Minerals Inc.) (the “Company” or “Bluma”) (CSE: BWEL.U) is pleased to announce that the Company’s common shares (“Bluma Shares”) have commenced trading on the Canadian Securities Exchange (the “CSE“), as the CSE’s conditions for listing have been satisfied and the CSE has issued its final exchange bulletin confirming the…

Undertone Launches Fully-Integrated, Publisher-Cleared Advertising For Hemp-Based CBD Brands Seeking Broad Audiences and Aggressive Growth

NEW YORK–(BUSINESS WIRE)–Undertone, a leader in digital advertising who combines a curated publisher network, AI-driven synchronization and award-winning creative in a single platform, today announced a significant advancement in the fragmented and inefficient CBD advertising marketplace. While the CBD category is large and growing – estimated to be a $1.3 billion market by 2022 –…

CB Therapeutics Ships First Order of Rare Cannabinoids to Colorado Client

SAN DIEGO–(BUSINESS WIRE)–CB Therapeutics, Inc. has shipped its first order of rare cannabinoids to a customer in Colorado, marking the company’s first commercial sale. The shipment of the rare cannabinoids will be used for trial formulations of edible products to test consumer acceptance in the market. The CB Therapeutics patented biosynthetic platform in yeast, can…

Brown-Forman to Sell Early Times, Canadian Mist, Collingwood

LOUISVILLE, Ky.–(BUSINESS WIRE)–Brown-Forman Corporation (NYSE: BFA) (NYSE: BFB) announced today that it has reached an agreement to sell the Early Times, Canadian Mist, and Collingwood brands, and the Canadian Mist production assets, to Sazerac Company. “Early Times and Canadian Mist have been valued brands in our portfolio for many years, and they each have played…

Xtraction Services Announces Name Change to XS Financial Inc., Along with New Ticker Symbol “XSF”

LOS ANGELES–(BUSINESS WIRE)–Xtraction Services Holding Corp. (“Xtraction Services”, “XS” or the “Company”) (CSE: XS) (OTCQB: XSHLF), a specialty finance company engaged in equipment leasing in the United States, is pleased to announce that it is in the process of changing its name to XS Financial Inc., along with a new ticker symbol of “XSF”. The…

Innovative Industrial Properties Declares Second Quarter 2020 Dividends

SAN DIEGO–(BUSINESS WIRE)–Innovative Industrial Properties, Inc. (IIP), the first and only real estate company on the New York Stock Exchange (NYSE: IIPR) focused on the regulated U.S. cannabis industry, announced today that its board of directors has declared a second quarter 2020 dividend of $1.06 per share of common stock, representing a 6% increase over…

Burden of COVID-19 on the Market & Rehabilitation Plan | Global CBD Skincare Market 2020-2024 | Benefits of CBD in Skincare to Boost Growth | Technavio

June 12, 2020

LONDON–(BUSINESS WIRE)–Technavio has been monitoring the global CBD skincare market and it is poised to grow by USD 1.64 bn during 2020-2024, progressing at a CAGR of 33% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. Although the COVID-19…