LOUISVILLE, Ky.–(BUSINESS WIRE)–Turning Point Brands, Inc. (“TPB”) (NYSE: TPB), a manufacturer, marketer and distributor of branded consumer products with active ingredients, today announced financial results for the third quarter ended September 30, 2020. Results at a Glance Third Quarter 2020 (Comparisons vs. same period year-ago) Net sales increased 7.6% to $104.2 million; Gross profit increased…
DetailsLOUISVILLE, Ky.–(BUSINESS WIRE)–Turning Point Brands, Inc. (“TPB”) (NYSE: TPB), a manufacturer, marketer and distributor of branded consumer products with active ingredients, today announced a $15 million strategic investment in leading global cannabinoid company dosist™ and an exclusive co-development and distribution agreement of a new national CBD brand, created in partnership with dosist’s thc-free business unit.…
DetailsSAN BERNARDINO, Calif.–(BUSINESS WIRE)–Employees at Authentic 909, a cannabis dispensary in the City of San Bernardino, voted on Saturday to ratify a labor agreement with UFCW Local 1167, making it the first unionized cannabis shop in the Inland Empire. The store, located at 1181 South E St., employs about 30 people. These workers will now…
DetailsEDMONTON, Alberta–(BUSINESS WIRE)–Premium 5 Ltd. (“Premium 5” or the “Company”) today announced financial results for its fiscal 2020 third quarter ending September 30th, 2020. Premium 5 has successfully navigated complex product development and regulatory challenges to offer a portfolio of innovative concentrate products. Currently, the Company has 22 SKU offerings across Canada. For the recreational…
DetailsBERKELEY, Calif.–(BUSINESS WIRE)–Lygos, Inc., a vertically integrated provider of safe and sustainable specialty ingredients, today announced the launch of Lygos CBx, a Lygos company and new website focused on delivering a wide range of high-quality, pure and sustainable non-plant-based cannabinoids. Lygos CBx is a result of the combination of Librede, the recently acquired NIH-funded biosynthetic…
DetailsDUBLIN–(BUSINESS WIRE)–The “United States 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. Plant protein industry is expected to continue to grow in United States…
DetailsDUBLIN–(BUSINESS WIRE)–The “CBD Top Brands & Pricing Report: Topicals are Increasing in the US Market” report has been added to ResearchAndMarkets.com’s offering. If you are interested in the US market then this is the report for you. As well as gaining valuable data around brand engagement with product categories, and added and discontinued products, you’ll…
DetailsDUBLIN–(BUSINESS WIRE)–The “CBD Top Brands & Pricing Report: Other Cannabinoids Enter the UK Market” report has been added to ResearchAndMarkets.com’s offering. There has been a significant number of products that have been introduced in the CBD market during this third quarter of 2020, with oils and topicals continuing to take the lead. The UK market…
DetailsDUBLIN–(BUSINESS WIRE)–The “CBD Consumer Health – Global Market Outlook (2019-2027)” report has been added to ResearchAndMarkets.com’s offering. Global CBD Consumer Health Market accounted for $7.89 billion in 2019 and is expected to reach $40.2 billion by 2027, growing at a CAGR of 22.6% during the forecast period. Growing legalization of cannabis-based CBD products, rise in…
DetailsMONCTON, New Brunswick–(BUSINESS WIRE)–As an early investor in biosynthesis, Organigram Holdings Inc. (NASDAQ: OGI) (TSX: OGI), the parent company of Organigram Inc. (the “Company” or “Organigram”), a leading licensed producer of cannabis, is pleased to announce it has funded an additional $2.5 million investment in Hyasynth Biologicals Inc. (“Hyasynth”), a private biotechnology company and pioneer…
DetailsTORONTO–(BUSINESS WIRE)–GrowerIQ, a seed-to-sale technology and cannabis cultivation platform provider, is excited to announce a partnership with High North Labs. This partnership will improve the testing process for clients, with seamless, system-to-system integration of lab results transmitted automatically to GrowerIQ’s digital batch record. The tie-up also includes benefits exclusively for GrowerIQ clients, including discounted testing…
DetailsBENTONVILLE, Ark.–(BUSINESS WIRE)–Walmart has sued the U.S. Department of Justice (DOJ) and the Drug Enforcement Administration (DEA), asking a federal court to clarify the roles and responsibilities of pharmacists and pharmacies under the Controlled Substances Act (CSA). Walmart Inc. v. DOJ, et al. is pending before the U.S. District Court for the Eastern District of…
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