POSaBIT Announces Updated Brokered Private Placement

TORONTO–(BUSINESS WIRE)–POSaBIT Systems Corporation (CSE: PBIT) (“POSaBIT” or the “Company”) is releasing an update to its previously announced brokered private placement with a syndicate, led by Canaccord Genuity Corp. (the “Agent”) to sell, by way of a private placement on a “commercially reasonable efforts” basis, units (the “Units”) of the Company at a price of…

Robbins Geller Rudman & Dowd LLP Files Class Action Suit Against CannTrust Holdings Inc.

NEW YORK–(BUSINESS WIRE)–Robbins Geller Rudman & Dowd LLP (http://www.rgrdlaw.com/cases/canntrust/) today announced that a class action has been commenced on behalf of purchasers of CannTrust Holdings Inc. (NASDAQ:CTST) common stock during the period between February 25, 2019 and July 12, 2019 (the “Class Period”). This action was filed in the Southern District of New York and…

Turning Point Brands Invests in Distribution Partnership in Canada

LOUISVILLE, Ky.–(BUSINESS WIRE)–Turning Point Brands, Inc. (NYSE: TPB), a Kentucky-based industry leading marketer of Other Tobacco Products (OTP) and adult consumer alternatives, announced today it has invested $3 million for a 30% stake in ReCreation Marketing (“ReCreation”), a Canadian distribution entity. ReCreation is a specialty marketing and distribution firm focused on building brands in the…

Global Two-wheeler Brake Pads Market 2019-2023 | Development of Green Brake Pads to Boost Growth | Technavio

LONDON–(BUSINESS WIRE)–The global two-wheeler brake pads market is expected to post a CAGR of over 9% during the period 2019-2023, according to the latest market research report by Technavio. A key factor driving the growth of the market is the increasing adoption of disc brakes. The increasing demand for safety among consumers has boosted the…

Harvest Health & Recreation Expands Footprint with Acquisition of Phoenix Operator Urban Greenhouse

PHOENIX–(BUSINESS WIRE)–Harvest Health & Recreation, Inc. (CSE: HARV, OTCQX: HRVSF) (“Harvest”), a vertically integrated cannabis company with one of the largest and deepest footprints in the U.S., announced today the acquisition of Phoenix operator Urban Greenhouse. The agreement advances the company’s expansion and market penetration efforts across Arizona, adding operations of the Urban Greenhouse medical…

DionyMed Announces Close of Acquisition with Innovative Industrial Properties for MMAC’s 1.83 acre Los Angeles Campus

TORONTO–(BUSINESS WIRE)–DionyMed Brands Inc. (“DionyMed” or “Company”) (CSE: DYME) (OTCQB: DYMEF), a multi-state cannabis brands platform, today confirmed the official close of its previously announced acquisition of select assets from MM Esperanza 2 LLC, doing business as “MMAC,” and MMAC’s 1.83 acre Los Angeles cannabis campus, including retail, distribution, manufacturing and cultivation licenses, for the…

Halcyon Thruput, LLC to Open in Hopkinsville, Kentucky Qualified Opportunity Zone

FORT WORTH, Texas–(BUSINESS WIRE)–OZ Capital, LLC (“OZ Capital”) is pleased to announce its initial Qualified Opportunity Zone investment in Halcyon Thruput, LLC (“Halcyon”). Halcyon, located in Hopkinsville, KY is a post-harvest, midstream drying and processing facility for the recent federally legalized hemp crop. The business expects to bring more than thirty jobs to the Hopkinsville…

Tenet Concludes Conifer Strategic Review Process and Plans to Complete a Tax-Free Spin-Off of the Business by the End of the Second Quarter of 2021

DALLAS–(BUSINESS WIRE)–Tenet Healthcare Corporation (NYSE: THC) today announced its intention to pursue a tax-free spin-off of its Conifer business as a separate, independent publicly traded company. The company expects to complete the spin-off by the end of the second quarter of 2021. This announcement is the culmination of the Conifer strategic review process announced in…