Jeff Jacobson

Poseidon Investment Management announced on Wednesday that it has completed two investments into two New Jersey dispensaries, BLKBRN and Dogwood Green. Both businesses are focused on serving patients and recreational cannabis consumers when they open in 2025. “With these two investments, we...

Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) announced on Friday that it has launched its award-winning cannabis brand Lord Jones in the Canadian adult-use cannabis market. The Lord Jones brand will build on its legacy of delivering cannabis products by returning to its roots with THC-focused...

Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) is exiting its existing U.S. hemp-derived CBD-focused operations by the end of the second quarter of 2023. The company noted it has made this decision to improve its cash flow in the near term and position itself to directly enter the...

Cronos Group Inc. (NASDAQ: CRON) (TSX:CRON) Q3 2022 net revenue was $20.9 million, a 2.5% increase compared to $20.4 million in Q3 2021. The increase year-over-year was primarily driven by an increase in net revenue in the rest of world segment driven by growth in the Israeli medical market and...

Wednesday is proving to be a busy day for Xerox Corp (NYSE: XRX) and its shareholders. What Happened Xerox's stock was trading lower by more than 5 percent Wednesday morning after activist investors Carl Icahn and Darwin Deason succeeded in ousting CEO Jeff Jacobson and six of the 10 members...

Activist investor Carl Icahn notched a big win after Xerox Corp (NYSE: XRX) said its CEO and most of its board of directors will be stepping down. What Happened Icahn and Darwin Deason, two heavyweight investors and large Xerox shareholders, made it clear they strongly oppose Xerox's proposed...