10:00 Fri 16
|High Tide Expands into Ottawa with Launch of ByWard Market Retail Cannabis Store |
CALGARY, AB, April 16, 2021 /PRNewswire/ - High Tide Inc. ('High Tide' or the 'Company') (TSXV: HITI) (OTCQB: HITIF) (FRA:2LY), a retail-focused cannabis corporation enhanced by the manufacturing and distribution of consumption accessories, announced today that its new META Cannabis...
16:10 Wed 5
|Foxtrot Market Expands Its Culinary Division, Hires Whole Foods Veteran Mitch Madoff As SVP And Tae Strain As Corporate Executive Chef |
CHICAGO, May 5, 2021 /PRNewswire/ -- Today, Foxtrot, the first-of-its-kind corner store, cafe and delivery retail market, intensifies its commitment to expanding its private label arm with the addition of two senior hires. Mitch Madoff joins as Senior Vice President of Private Label and...
13:15 Wed 5
|Heritage Cannabis launches its premium ArthroCBD softgel capsules in the US market |
Heritage Cannabis Holdings Corp (CSE:CANN) (OTCQX:HERTF) (FRA:2UE) has announced the launch of ArthroCBD, an innovative hemp brand created to help people seeking symptomatic relief. Clinically tested ArthroCBD, is a softgel capsule with 25 mg of CBD and 6 mg of Beta caryophyllene. It is formulated using VESIsorb technology, which boosts absorption, compared to other oral CBD products on the market, said the company. The improved absorption levels result in rapid onset of action and long-lasting relief, Heritage Cannabis added. ArthroCBD has all traces of THC removed to avoid the adverse effects people sometimes suffer from other hemp-based products. The new product line is now available on arthrocbd.com. READ: Heritage Cannabis expands into the US with its 3Fifteen Primo Cannabis partnership We are excited to launch our clinically tested ArthroCBD softgel capsules for those seeking daily relief from physical strain. Physicians, pharmacists, and other health care practitioners all want the same thing to provide the best treatment for patients with the least side effects. ArthroCBD now provides that option with a highly effective hemp-based CBD product, said Umar Syed, president of medical products at Heritage Cannabis in a statement. Carefully formulated CBD with pharmaceutical technology, tested ingredients, and clinical testing to prove product performance is a logical step in the evolution of hemp-based CBD products. Our focus is to finally provide patients and the healthcare community with products based on credible data. Heritage Cannabis has over three decades of experience in marketing pharmaceutical and over the counter (OTC) products. The company said the ArthroCBD launch marks the first of a pipeline of over 7 new medicinal hemp-based CBD product offerings planned by Heritage. Contact the author Uttara Choudhury at email@example.com Follow her on Twitter: @UttaraProactive
10:00 Mon 3
|High Tide Increases U.S. Presence Through Acquisition of Leading CBD E-Commerce Retailer FABCBD |
Acquisition boosts High Tide's current U.S. revenue run rate by ~60% to over C$40 Million Highly accretive transaction for shareholders, as FABCBD generated 2020 revenue of US$10.8 Million and EBITDA of US$4.3 Million with each metric having more than doubled in each of the past two...
13:20 Tue 4
|Full Spectrum Cannabis Extracts Market Expected To Remain Dominant for Next Few Years |
PALM BEACH, Fla., May 4, 2021 /PRNewswire/ -- Cannabis extracts have gained wide recognition in recent years and are expected to provide impetus to cannabis market growth. Based on product type, cannabis extracts are classified into oils and tinctures. The oils segment is expected to...
12:59 Tue 4
|Heritage Cannabis expands into the US with its 3Fifteen Primo Cannabis partnership |
Heritage Cannabis Holdings Corp (CSE:CANN) (OTCQX:HERTF) (FRA:2UE) announced a five-year partnership with Como Health LLC, doing business as 3Fifteen Primo Cannabis, which will see Heritage produce branded products for medical cannabis consumers in the US state of Missouri. Under the partnership agreement, Heritage will supply production equipment to 3Fifteen, provide training and supervision of staff on its proprietary methods of extraction and oil production, and shelf minimums with be granted for Heritages branded products in 3Fifteens Missouri dispensaries. With strong market growth projected in Missouri, we believe this is the right time to enter the US and with a strategic partner like 3Fifteen, we are creating a blueprint we can use to continue our state-by-state expansion, Heritage Cannabis Holdings President of Recreational Cannabis David Schwede said in a statement. READ: Heritage Cannabis taps Merida Capital to accelerate its US product distribution initiative With our extraction expertise and inspired branding capabilities, along with 3Fifteens impressive market penetration, we expect Heritages branded offerings to be in high demand, Schwede added. 3Fifteen Primo Cannabis holds five dispensary licenses in Missouri, two of which are in operation and three are in the construction phase, and owns one of only 11 manufacturing licenses approved to operate in the State. The 3Fifteen partnership is the first definitive agreement signed by Heritage as part of the previously-announced expanded relationship with Merida Capital Holdings to enter multiple US cannabis markets. Our strategy will continue to focus on new high growth markets in partnership with established teams and low barriers to entry, Schwede continued. Heritage will continue to add new markets in a purposeful and capital-efficient way with a focus on creating value for our shareholders. The company added that gross revenue at 3Fifteens Missouri dispensaries is projected to increase to more than US$21 million by 2022, while total sales in Missouri are anticipated to reach US$650 million by 2024. Heritage Cannabis is a vertically integrated cannabis provider that currently has two Health Canada-approved licensed producers, through its subsidiaries Voyage Cannabis Corp and CannaCure Corp, both of which are regulated under the Cannabis Act Regulations. The company recently acquired Canadian recreational and medical cannabis company Premium 5 Ltd, which Heritage Cannabis expects will make it a leader in the extract and extract derivatives market, as Premium 5 is a premium provider of Cannabis 2.0 hydrocarbon and solventless concentrates in Canada. Contact Sean at firstname.lastname@example.org
23:49 Wed 5
|Inner Spirit Holdings to be acquired at $0.39 per share, which is 72% of our analysts' last fair value estimate. The acquisition price reflects a 290% increase since FRC initiated coverage in November 2019. |
Fundamental Research initiated coverage on Inner Spirit Here some highlights for the latest equity report. The acquisition price reflects a 290% increase since FRC initiated coverage in November 2019. 2020 System-Wide Retail Sales (SRS) were up 258% YoY (vs 121% growth in nationwide cannabis retail sales) to $105M. SRS accounts for sales through franchised and corporate-owned stores. 2020 revenue was up 230% YoY to $26.8M. Net losses declined from $11.5M (EPS: -$0.05) to $3.1M (EPS: -$0.01). Revenue fell short of our estimate by 1%, and margins were relatively in line. In Q4, the company reported $1.1M (EPS:$0.01) in net income the first-ever profitable quarter. Canadian retail store count in March 2021 was 1,707, up 102% YoY. ISH continues to maintain a 5% market share, with 82 stores at the moment, up from 65 since our Q3 update. The company expects to have 100 stores (including 25 corporate stores) by the end of 2021. We have raised our estimate of corporate stores from 18 to 20 by 2021 year-end. The company has already added 14 stores in 2021, including five corporate stores. ISH has 25 stores in Ontario and is planning to enter Manitoba with multiple store openings planned this year. Announced a $10M bought-deal financing. These funds will be used for new corporate store openings. The company had $9.5M in convertible debt at the end of 2020; we expect this to be converted into shares (exercise price $0.25). We maintain that there is room for about 2,000 additional stores in the country, with over 45% of those new stores anticipated to be in Ontario. Ontario is ISHs key market for expansion. With legal sales rising as a percentage of total sales, and consumers strong preference for making purchases at physical stores, we believe ISH is well-positioned for near-term revenue growth. Here is the full report: https://www.researchfrc.com/inner-spirit-holdings-ltd-cse-ish-growing-2x-faster-than-the-market-final-report/ Top picks list https://www.researchfrc.com/top-picks/ Some ideas submitted by /u/Good_vibes311 [link] [comments]
03:01 Tue 4
|SK-II Launches First 'Social Retail' Pop Up Store in Hainan Inspired by New 'VS' Series Featuring Olympic Athletes |
SINGAPORE, May 3, 2021 /PRNewswire/ -- Augmented reality and gamified skincare experiences come together with a big purpose at global prestige skincare brand SK-II's first ever 'Social Retail' Pop-Up Store in Haitang Bay Duty Free Shopping Centre in Hainan, China. The SK-II 'Social...
14:32 Wed 5
|Apple expands its ad business with a new App Store ad slot |
At the same time as it’s cracking down on the advertising businesses run by rivals, Apple is introducing a new way for developers to advertise on the App Store. Previously, developers could promote their apps after users initiated a search on the App Store by targeting specific keywords. For example, if you typed in “taxi,” […]
11:00 Mon 3
|Green Thumb Industries Enters Virginia Cannabis Market |
CHICAGO and VANCOUVER, British Columbia, May 03, 2021 (GLOBE NEWSWIRE) -- Green Thumb Industries Inc. (Green Thumb) (CSE: GTII) (OTCQX: GTBIF), a leading national cannabis consumer packaged goods company and owner of Rise Dispensaries, today announced it has signed a definitive agreement to acquire 100% of Dharma Pharmaceuticals LLC (Dharma), expanding its cannabis distribution network into the Virginia cannabis market (the Acquisition).
12:01 Tue 4
|Accel Robotics Launches Autonomous 'Valet Market' Store With Last Step Delivery in San Diego |
SAN DIEGO, May 4, 2021 /PRNewswire/ -- Accel Robotics, a leading startup for checkout-free retail solutions powered by computer vision and artificial intelligence, today announced the soon-to-be-open Valet Market, an automated shopping experience for modern communities. Valet Market is an...
04:01 Tue 4
|Taiwan's Tsai wins Canadian government-backed award that Ottawa reportedly tried to block |
Taiwan's President Tsai Ing-wen has been awarded a prestigious leadership prize, in a move that could infuriate Beijing, and following reports of attempted interference by Ottawa.
12:00 Mon 3
|Simply, Inc. Announces the Opening of its New Simply Mac Store in Tallahassee, Florida |
MIAMI, May 3, 2021 /PRNewswire/ -- Simply, Inc. (OTCQX: SIMP) (the 'Company') announced the grand opening of its new Simply Mac retail store in Tallahassee, Florida. This 1,536 square foot official Apple Premier Partner Store is located at 699 W. Gaines Street, Suite 102, Tallahassee, FL,...
18:24 Mon 3
|BCI Retail Launches New Website |
HAZLETON, Pa., May 3, 2021 /PRNewswire/ -- BCI Retail of Hazelton, Pennsylvania, identified a need to revamp the store website after recognizing changes in consumer buying habits and advertising. The team at Bradley Caldwell, Inc. wanted to attract a new local demographic and drive...
|Zelira Therapeutics launches HOPE range of autism spectrum disorder products in Washington DC |
Zelira Therapeutics Ltd (ASX:ZLD) (OTCMKTS:ZLDAF) has launched its HOPE range of autism spectrum disorder products in Washington DC through its partnership with Alternative Solutions LLC, a licensed manufacturer and distributor of medical cannabis products. Washington DC has reciprocity with 32 other states in the USA with approved medical cannabis programs. This expands access for Zeliras HOPE range of products to patients registered in all the 32 States, as they can legally purchase medical cannabis products at an approved dispensary in Washington DC. The company will receive a licensing fee and ongoing royalties on sales of HOPE within this territory. Huge step forward Zelira Therapeutics managing director Dr Oludare Odumosu said: The successful launch of HOPE in Washington DC is a huge step forward in Zeliras strategic focus on expanding access to HOPE throughout the USA. We look forward to partnering with alternative solutions to support the growth of our product in these new markets. Shares have been more than 15% higher intra-day to A$0.061. Customer uptake and sales trajectories HOPE is now available at the National Holistic Healing Center, a medical cannabis dispensary near Dupont Circle, whose dedicated team assists patients in treating their symptoms through ailment-strain alignment. With the gradual relaxation of COVID restrictions, Zelira remains focused on further expanding the distribution of HOPE through licensing agreements in each approved market across the US. The experience of HOPE products in its launch state of Pennsylvania provides Zelira with confidence that customer uptake and sales trajectories will be similar in Washington DC and other markets. Alternative Solutions CEO Matt Lawson-Baker said: We are thrilled to partner with Zelira in bringing HOPE to Washington DC and look forward to bringing patients scientifically formulated medicines they can trust. About Zelira Zelira is a leading global therapeutic medical cannabis company with access to the worlds largest and fastest-growing cannabis markets. The company owns a portfolio of proprietary revenue-generating products and a pipeline of candidates undergoing clinical development that are positioned to enter global markets. It has two proprietary formulations under the HOPE brand that are generating revenues in Australia, Pennsylvania and have been licensed in Louisiana and Washington DC with other states in the US expected to follow.
20:59 Wed 5
|The Green Room Opens its Third Cannabis Store in Corvallis, Oregon |
CORVALLIS, Ore., May 5, 2021 /PRNewswire/ -- Today, The Green Room announced the grand opening of a third store in Corvallis at 1665 SW 3rd St. The company supports locally grown and harvested products and is dedicated to its customer base by providing 100 percent price matching and...
13:09 Tue 4
|$HERTF - Heritage Cannabis partners with Como Health, enters U.S. cannabis market https://t.co/V2YuINnpua |
20:01 Tue 4
|The Margin: Bill and Melinda Gates divorce was a predictable market phenomenon and bullish for GameStopwe can explain |
A Reddit theory from March appearing to at least partially predict high-wealth divorces has retail investors psyched about their favorite meme stock.
03:41 Wed 5
|The Margin: Bill and Melinda Gatess divorce was a predictable market phenomenon and bullish for GameStop allow us to explain |
A Reddit theory from March appearing to at least partially predict high-wealth divorces has retail investors psyched about their favorite meme stock.
18:25 Wed 5
|How Jennifer Wong, Aritzia President And COO, Proves That Fashion, Impact And Female Leadership Result In Retail Gold |
Over the course of Jennifer Wongs tenure with Aritzia, the company has grown from a Canadian retail operation to an internationally recognized name with a successful e-commerce store and a continually growing U.S. presence. Learn how the brand is doing it, by focusing on giving back (and fashion).
23:45 Tue 4
|United Airlines Expands India Relief Efforts with Online Fundraising Campaign |
CHICAGO, May 4, 2021 /PRNewswire/ -- Today, United Airlines expands its efforts to support those impacted by the COVID-19 crisis in India with the launch of a new online fundraising campaign. Customers can donate to the airline's relief partners: Airlink, Americares, GlobalGiving...
21:24 Wed 5
|'Accidental' boom in cannabis products could see annual sales hit £690m |
Sales of consumer cannabis products have undergone an 'accidental' boom during the pandemic that will see the popularity of cannabinoids exceed the market for Vitamins B and C combined, according to industry groups.
11:20 Tue 4
|How To Crack The HR Manager Interview In A High-Tech Company |
Technology HR professionals need to have a high level of comfort in order to build, innovate, launch quickly, succeed frequently and fail fast.
12:49 Mon 3
|CISR High School Program Expands into Birmingham School System |
AUSTIN, Texas, May 3, 2021 /PRNewswire/ -- The National Alliance today announces the expansion of the CISR High School Program into seven high schools in Birmingham, Alabama. The program was approved for accreditation with the Alabama Department of Education as a new Career and Technical...
|bbci co uk |
14:54 Wed 5
|Apple puts more adverts in App Store after ad-tracking ban |
After a move to limit ad tracking by other companies, Apple expands its own advertising business.
17:00 Tue 4
|TCN Worldwide Announces New Affiliate in Greater Chicago Marketplace |
Chicago Real Estate Resources Inc. /TCN Worldwide to Represent Chicagos Multi-Family Market and Retail Market as TCN Worldwides Newest Member Firm Chicago Real Estate Resources Inc. /TCN Worldwide to Represent Chicagos Multi-Family Market and Retail Market as TCN Worldwides Newest Member Firm
18:53 Wed 5
|ASTM International Announces New Cannabis Standards, Launches Microsite |
W. CONSHOHOCKEN, Pa., May 5, 2021 /PRNewswire/ -- Today, ASTM International's cannabis committee (D37) announced a slate of new standards to support cannabis vocations. ASTM also launched a new microsite that will serve as a central resource for all ASTM International cannabis and hemp...
11:00 Wed 5
|Cannabis Franchising: Funding, Growth And Marketing Hacks For Cannabis Brands, Part 3 |
Here are some key takeaways for founders of cannabis companies that are serious about growth and franchising with a stable long-term vision.
23:34 Wed 5
|Ottawa Bancorp, Inc. Announces First Quarter 2021 Results |
OTTAWA, Ill., May 05, 2021 (GLOBE NEWSWIRE) -- Ottawa Bancorp, Inc. (the Company) (OTCQX: OTTW), the holding company for Ottawa Savings Bank, FSB (the Bank), announced net income of $0.6 million, or $0.20 per basic and diluted common share for the three months ended March 31, 2021, compared to net income of $0.1 million, or $0.029 per basic and diluted common share for the three months ended March 31, 2020. During the first quarter of 2021, the Company experienced an increase in loan originations which drove growth in the loan portfolio. The loan portfolio, net of allowance, increased to $270.8 million as of March 31, 2021 from $255.1 million as of December 31, 2020. Non-performing loans decreased slightly from $1.9 million at December 31, 2020 to $1.8 million at March 31, 2021, which caused the ratio of non-performing loans to gross loans to decrease from 0.62% at December 31, 2020 to 0.57% at March 31, 2021. Additionally, through March 31, 2021, the Company has repurchased a total of 576,585 shares of its common stock at an average price of $12.99 per share as part of the four stock repurchase programs approved by the Board since the Companys second step conversion closed in 2016.
13:35 Mon 3
|CannabisNewsWire Returns as a Media Sponsor for GIE Medias Cannabis Conference 2021 |
DENVER, May 03, 2021 (GLOBE NEWSWIRE) -- via CannabisNewsWire -- CannabisNewsWire (CNW), a specialized communications platform for the cannabis sector and one of th e 50+ brands within the InvestorBrandNetwork (IBN), is pleased to announced that it has been re-engaged by GIE Media to serve as a media sponsor of C a nnabis Conference 2021 , presented by Cannabis Business Times, Cannabis Dispensary and Hemp Grower magazines. Cannabis Conference 2021 is set to be held at the Paris Las Vegas Hotel & Casino in Las Vegas, Nevada, on Aug. 24-26, 2021.
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16:49 Wed 5
|Emails reveal Apples attempts to stop Netflix from dropping App Store In-App Purchase support - 9to5Mac |
Emails reveal Apples attempts to stop Netflix from dropping App Store In-App Purchase support 9to5Mac Apple's Tim Cook On Epic's Tim Sweeney: I Do Not Know This Man Kotaku Epic vs. Apple Shows the Courts Were Not Prepared for the Games Industry's Obsessive Secrecy - IGN IGN Tim Sweeney emailed Tim Cook personally to call for open app sales after WWDC in 2015 The Verge Apple expands its ad business with a new App Store ad slot TechCrunch View Full Coverage on Google News