LOUISVILLE, Ky.–(BUSINESS WIRE)–Brown-Forman Corporation (NYSE: BFA, BFB) reported financial results for its fourth quarter and fiscal year ended April 30, 2020. For the fourth quarter, the company’s reported net sales1 declined 5% to $709 million (-10% on an underlying basis2) compared to the same prior-year period. Reported operating income decreased 18% to $187 million (-27%…
DetailsTORONTO–(BUSINESS WIRE)–Terrace Global Inc. (“Terrace Global” or the “Company”) (TSXV:TRCE) is pleased to provide an operational update at the Aljustrel, Portugal outdoor medical cannabis site which is jointly operated with The Flowr Corporation (TSXV – FLWR) (“Flowr”). As previously announced, the Company has entered into a joint venture with Flowr whereby the Company will fund…
DetailsTORONTO–(BUSINESS WIRE)–Halo Labs Inc. (“Halo” or the “Company“) (NEO: HALO, OTCQX: AGEEF, Germany: A9KN) today announces that the Company has entered into an amended and restated promissory note (the “A&R Promissory Note“) for a principal amount of up to $10 million. The A&R Promissory Note amends and restates the unsecured debt financing agreement (the “Original…
DetailsNANAIMO, British Columbia–(BUSINESS WIRE)–Tilray, Inc., (“Tilray” or the “Company”) (Nasdaq: TLRY) a global leader in cannabis research, cultivation, production and distribution, today announced that management will participate in the following upcoming virtual investor events: On Tuesday, June 16, 2020, the Company will host a virtual fireside chat at the Oppenheimer 20th Annual Consumer Growth and…
DetailsWOONSOCKET, R.I. & TORONTO–(BUSINESS WIRE)–Abacus Health Products, Inc. (CSE: ABCS, OTCQB:ABAHF) (“Abacus”) is pleased to announce that the Ontario Superior Court of Justice (Commercial List) has issued a final order approving the proposed acquisition of Abacus by Charlotte’s Web Holdings, Inc. (“Charlotte’s Web”) pursuant to the previously-announced arrangement (the “Arrangement”) under the Business Corporations Act…
DetailsOAKLAND, Calif.–(BUSINESS WIRE)–e.l.f. Beauty (NYSE: ELF) has expanded its innovative skincare portfolio with the launch of a Full Spectrum CBD collection to refresh, revive, and re-center the mind and body. The collection, launched on May 15, 2020, features face and body care products infused with Full Spectrum CBD. It awakens the senses with notes of…
DetailsWATKINSVILLE, Ga.–(BUSINESS WIRE)–Advantage Capital today announced a $2 million investment in Watkinsville-based GAXtracts, an active pharmaceutical ingredients company focusing on manufacturing and processing products from industrial hemp. The investment, which was made in connection with the Georgia Agribusiness and Rural Jobs Act (GARJA), will support the company with working capital and financing to purchase new…
DetailsTORONTO–(BUSINESS WIRE)–Halo Labs Inc. (“Halo” or the “Company“) (NEO: HALO, OTCQX: AGEEF, Germany: A9KN) is pleased to announce that retail sales of the Company’s Hush™ branded products have been have been growing in the state of California. In addition progress has been made on other initiatives in California. Wholesale Dispensary Sales Cannabis sales have stalled…
DetailsNEW YORK–(BUSINESS WIRE)–Columbia Care, Inc. (NEO: CCHW) (CSE: CCHW) (OTCQX: CCHWF) (FSE: 3LP) (“Columbia Care” or the “Company”) announces that effective today, Mr. Igor Gimelshtein will be transitioning from his role as an Independent Director to a Board Observer position. “On behalf of the entire Board of Directors, I wish to thank Igor for his…
DetailsDENVER–(BUSINESS WIRE)–Schwazze, formerly operating as Medicine Man Technologies, Inc. (OTCQX: SHWZ) ( “Schwazze” or “the Company”), announced today that it has signed definitive acquisition agreements for 14 Star Buds locations in the state of Colorado as part of the Company’s pending acquisitions. Star Buds, one of the most recognized and successful retail cannabis operators in…
DetailsCHICAGO–(BUSINESS WIRE)–Cresco Labs (CSE:CL) (OTCQX:CRLBF) (“Cresco” or “the Company”), one of the largest vertically integrated multistate cannabis operators in the United States, announced that it has been granted a provisional processing license by the state of Ohio (the “License”). The License allows Cresco to extract oils and manufacture products from cannabis which will now provide…
DetailsTORONTO–(BUSINESS WIRE)–Halo Labs Inc. (“Halo” or the “Company“) (NEO: HALO, OTCQX: AGEEF, Germany: A9KN) is pleased to announce that retail sales of the Company’s Hush™ branded products have been have been growing in the state of California. In addition progress has been made on other initiatives in California. Wholesale Dispensary Sales Cannabis sales have stalled…
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