News

CHARLOTTE, N.C.–(BUSINESS WIRE)–cbdMD, Inc. (NYSE American: YCBD, YCBDpA), today announced the closing of its previously announced underwritten public offering for total gross proceeds of $17,250,000, before deducting underwriting discounts, commissions and other offering expenses payable by the company. cbdMD, Inc. sold an aggregate of 2,300,000 shares of its 8.0% Series A Cumulative Convertible Preferred Stock…

Cannabis Market Forecast to 2027: COVID-19 Impact and Global Analysis – THC-Dominant Segment to Register Highest Growth Rate – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Cannabis Market Forecast to 2027 – COVID-19 Impact and Global Analysis by Product Type; Application; and Geography” report has been added to ResearchAndMarkets.com’s offering. Tetrahydrocannabinol-Dominant Segment to Register Highest CAGR in Cannabis Market during Forecast Period. The market is expected to reach US$ 147,457.4 million by 2027 from US$ 14,383.8 million in 2019;…

PureTech Advances Wholly Owned Candidate LYT-200 into Phase 1 Trial for Potential Treatment of Metastatic Solid Tumors

BOSTON–(BUSINESS WIRE)–PureTech Advances Wholly Owned Candidate LYT-200 into Phase 1 Trial for Potential Treatment of Metastatic Solid Tumors.

Selected Researchers and Startups Win Hearts, Minds and $$ at Pacific NW Life Science Event

PORTLAND, Ore.–(BUSINESS WIRE)–Winners are now being announced for the Oregon Bioscience Association’s Pitch & Partner 2020 in recognition of local emerging research and successful life science and biotech startups. The pitches and real-time judging occurred at the annual conference’s digital event, Oregon Bio Digital 2020: Amplifying Diversity of Discovery, Access and Economics Conference, which took…

Canada Plant Protein Business and Investment Opportunities Across 50+ Segments – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Canada Plant Protein Business and Investment Opportunities (2018-2027) Databook Series – Market Size and Forecast Across 50+ Segments – by Product Categories, Ingredients, Distribution Channels, Functional Type, Price Point, and Consumer Demographics – Updated in Q3, 2020” report has been added to ResearchAndMarkets.com’s offering. The plant protein market in Canada is estimated to…

NatureTrak Expands Cannabis Banking Solution With Acquisition of Copacetic Strategies

SACRAMENTO, Calif.–(BUSINESS WIRE)–NatureTrak, Inc. – a leader in risk management enterprise software for financial institutions doing cannabis banking – is expanding its offering with its acquisition of Copacetic Strategies, LLC. Through its proprietary platform, NatureTrak empowers financial institutions to build and scale their cannabis banking programs by streamlining and navigating the complex compliance, security and…

Nutritional Outlook® Reveals Its 2020 Best of the Industry Award Winners

CRANBURY, N.J.–(BUSINESS WIRE)–Nutritional Outlook®, the industry’s leading multimedia resource for manufacturers of dietary supplements, healthy foods and beverages, is proud to announce the winners of its 2020 Best of the Industry Awards, which recognizes individuals, groups and companies whose initiatives in 2020 set a new standard for excellence and positively influence the natural product, dietary…

Tenet to Acquire Portfolio of Surgery Centers from SurgCenter Development

DALLAS–(BUSINESS WIRE)–Tenet Healthcare Corporation (NYSE: THC) today announced that it will acquire a portfolio of up to 45 ambulatory surgery centers (ASCs) (the “Portfolio”) from SurgCenter Development (SCD). The Portfolio will be operated by Tenet’s United Surgical Partners International (USPI) subsidiary as part of its industry-leading ambulatory surgery platform. SCD, founded in 1993, is a…

WM Holding Company, LLC, the Leading Technology Platform to the Cannabis Industry, to List on Nasdaq Through Merger With Silver Spike Acquisition Corp.

IRVINE, Calif.–(BUSINESS WIRE)–WM Holding Company, LLC (“WMH” or the “Company”) and Silver Spike Acquisition Corp. (Nasdaq: SSPK) (“Silver Spike”), a publicly-traded special purpose acquisition company, announced today a definitive agreement for a business combination that would result in WMH becoming a public company. The combined company will be led by Chris Beals, Chief Executive Officer…

Columbia Care Statement on Boston Zoning Board of Appeal Approval for Adult-Use Designation at Downtown Boston Dispensary

December 9, 2020

NEW YORK–(BUSINESS WIRE)–Columbia Care Inc. (NEO: CCHW) (CSE: CCHW) (OTCQX: CCHWF) (FSE: 3LP) (“Columbia Care” or the “Company”) is excited and thankful to receive approval from the Boston Zoning Board of Appeal for its dispensary in downtown Boston, operated under Patriot Care, to expand its existing medical marijuana dispensary at 21 Milk Street to also…

SwabTek Introduces Technology to Help Fight the Growing Drug Crisis

December 9, 2020

SAN DIEGO–(BUSINESS WIRE)–SwabTek is expanding its line of innovative presumptive test kits with new, in-demand tests such as Fentanyl+ and Nicotine+.

ETFMG Alternative Harvest ETF (MJ®) Exceeds $1 Billion in Assets Under Management

December 9, 2020

SUMMIT, N.J.–(BUSINESS WIRE)–Leading thematic ETF issuer, ETF Managers Group LLC (ETFMG®), announced today that the ETFMG Alternative Harvest ETF, better known as MJ®, has again joined the “billion-dollar club.” After less than 3 years of trading on the NYSE, MJ® achieved the impressive milestone of exceeding $1 billion assets under management (AUM) on December 4,…