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Cannabis Movers & Shakers: Nicole Kidman Joins Sera Labs, Grasslands, Liberty Health, MediPharm, THC Therapeutics, 4Cable TV
Friday, December 11, 2020 - 2:56pm | 1131Here is a summary of the latest company shakeups within the cannabis industry. Nicole Kidman Teams Up With The Sera Labs Oscar, Golden Globe, and Emmy Award-winning actress Nicole Kidman was named The Sera Labs Inc.'s first strategic business partner and brand ambassador. According to a...
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Sundial Partners With Choklat To Enter Canadian Edible Market
Monday, November 9, 2020 - 1:36pm | 283Sundial Growers Inc. (NASDAQ: SNDL) teamed up with chocolatier company Choklat Inc. to enter the edible market in Canada. Sundial and Choklat opted to launch a cannabis-infused confectionary brand, including a wide range of chocolate bars, drinking chocolate, and infused sugar. Under the sales and...
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Harborside Poised To Take Over Another California Dispensary, Acquires 50.1% Stake In FGW
Monday, October 19, 2020 - 12:58pm | 296Harborside Inc. (CSE: HBOR) (OTCQX: HBORF) has acquired 50.1% of FGW Haight Inc.'s equity, which holds conditional right to operate a cannabis store in the Haight Ashbury area of San Francisco. Under the deal, the Oakland, California-based company disclosed agreed to pay roughly...
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Jushi's Revenue Increases 61% Sequentially To $24M
Thursday, October 1, 2020 - 1:14pm | 277Multi-state cannabis and hemp operator Jushi Holdings Inc. (CSE: JUSH) (OTCQB: JUSHF) disclosed Thursday preliminary financial results for the third quarter of this fiscal year, revealing revenue of $24 million. That's a sequential growth of 61%. The Boca Raton, Florida-...
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MedPharm Splits From Schwazze, 'Transaction No Longer Serves Either Party,' CEO Says
Wednesday, September 30, 2020 - 9:06am | 277Medical cannabis company MedPharm Holdings has parted ways with Schwazze Inc. (OTCQX: SHWZ). The Denver-cannabis manufacturer agreed not to extend the term sheet for a sale to Schwazze, which expires Wednesday, Sept. 30, the press release said. Schwazze disclosed its...
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PathogenDx Raises $7.5 Million In Series B Round
Monday, September 30, 2019 - 10:26am | 398PathogenDx, Inc. announced Monday that it raised $7.5 Million in a Series B funding round led by Cresco Capital Partners. The company raised the funds in less than three months with participation from Altitude Investment Management, Arcadian Investment Partners, Panther Opportunity Fund LLC, Salveo...
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How 3D Printing Lost Its Momentum
Tuesday, June 28, 2016 - 12:27pm | 3873D printing and companies used to be all the hype. 3D Systems Corporation (NYSE: DDD) saw its stock flirt with the $100 per share mark in late 2013 and early 2014 to now trade at a single digit price. Stratasys, Ltd. (NASDAQ: SSYS) saw it stock trade above $100 per share from late 2013 to late...
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Is McDonald's Going Fast Casual?
Friday, October 10, 2014 - 1:19pm | 728McDonald’s Corporation (NYSE: MCD) has been experimenting in an effort to combat falling sales. The company in September installed several build-your-own-burger kiosks in Southern California. At the stand-alone kiosks, customers could add one or more of nearly 20 toppings to one or...
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Oppenheimer Comments On Meeting With Move's CFO
Friday, March 18, 2011 - 7:52am | 149In a report published by Oppenheimer, Move (NASDAQ: MOVE) management meeting suggests story is moving ahead. Oppenheimer said that Eearlier this week, it met with Move's CFO. “The company highlighted its plans for increasing lead generation and pricing through three factors: 1) monetizing basic...
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Oppenheimer Updates On Earthquake Impact On MXIM
Friday, March 18, 2011 - 7:46am | 123Oppenheimer reports that Maxim Integrated Products, Inc. (NASDAQ: MXIM) has suffered no structural damage, only being affected by a regional power outage. According to Oppenheimer, " Maxim Integrated Products, Inc. (Nasdaq: MXIM) reported no structural damage to its partner facility, Seiko Epson,...
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Goldman Sachs Comments on PepsiCo's Acquisition of Russia's Wimm-Bill-Dann
Friday, December 3, 2010 - 10:17am | 171According to published reports by Goldman Sachs, on December 2, 2010, PepsiCo, Inc. (NYSE: PEP) announced that it plans to acquire a 66% stake in Russia's leading dairy and juice company, Wimm-Bill- Dann (NYSE: WBD), for $33 per ADR share. In connection with the proposed acquisition, PEP intends...
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Harrah's Entertainment Terminates its IPO
Friday, November 19, 2010 - 8:18am | 24Harrah's Entertainment, Inc. today announced that it is not pursuing its initial public offering of common stock at this time due to market conditions.
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Wells Fargo Adjusts EPS for OAS and PPL
Friday, November 12, 2010 - 10:52am | 142Wells Fargo Securities is out with a research report this morning in which they lower their EPS estimates on Oasis Petroleum (NYSE: OAS) and PPL Corporation (NYSE: PPL). OAS reported 3Q10 EPS which were $0.07, a cent lower than Wells Fargo's estimate. This lead Wells Fargo to adjust 2010/2011 EPS...
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Q3 Expectations For AMD In-line With Jefferies
Monday, October 11, 2010 - 8:42am | 119Advanced Micro Devices, Inc. Co (NYSE: AMD) Q3 expectations appear to be inline with its recently lowered guidance of down 1-4% Q/Q. In a research report Jefferies & Company writes, "AMD's weakness was largely driven by weaker than expected orders from its largest customer Hewlett- Packard...
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New CFO For SVA Brings Promising Outlook
Thursday, September 30, 2010 - 12:53pm | 163Sinovac Biotech, Ltd. (NASDAQ: SVA) appoints new CFO Jacob Ho, whose experience and credibility should help to increase investor confidence. In a research report PiperJaffray writes, "We spoke to SVA's newly hired CFO, Jacob Ho, and believe his experience, credibility, and communication skills is...