Announcement of Periodic Review: Moody’s announces completion of a periodic review of ratings of Constellation Brands, Inc. New York, January 17, 2020 — Moody’s Investors Service (“Moody’s”) has completed a periodic review of the ratings of Constellation Brands, Inc. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which…
(Bloomberg) — Move over materials, there’s a new kid on the block. The C$300 billion ($230 billion) industrials group has ousted miners and forestry stocks to become the third-most valuable collection of companies on Canada’s equity market, behind banks and energy.Comprised mainly of transportation, engineering and construction stocks, industrials are generally seen as cyclical stocks and had blockbuster gains last…
Pomerantz LLP announce that a class action lawsuit has been filed against Canopy Growth Corporation (“Canopy” or the “Company”) (NYSE: CGC) and certain of its officers. The class action, filed in United States District Court, for the Southern District of New York, and docketed under 19-cv-11341, is on behalf of a class consisting of investors who purchased or otherwise acquired…
Kahn Swick & Foti, LLC (“KSF”) and KSF partner, the former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have only until January 20, 2020 to file lead plaintiff applications in securities class action lawsuits against Canopy Growth Corporation (NYSE: CGC), if they purchased the Company’s securities between September 8, 2017 and November 13, 2019, inclusive…
Announcement of Periodic Review: Moody’s announces completion of a periodic review of ratings of Constellation Brands, Inc. New York, January 17, 2020 — Moody’s Investors Service (“Moody’s”) has completed a periodic review of the ratings of Constellation Brands, Inc. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which…
HTC Extraction Systems (TSX.V: HTC) (OTCQB: HTPRF), a hemp-biomass processing entity, recently entered into a share and purchase agreement with Starling Brands Inc. to acquire Starling’s subsidiary Kase Farma Inc., a company authorized to work with hemp cultivation, extraction, refining, formulation and distribution in California (http://cnw.fm/uMc95). A recent article discussing the company reads, “Starling executives anticipate that 2020 may be the biggest…
Plus Products (CSE: PLUS) (OTCQB: PLPRF), a hemp and cannabis food company using nature to bring balance to consumers’ lives, is concentrating on producing edibles using extracts to ensure compliant, dosable and tasty products that provide a reliable cannabis experience. An article discussing the company reads, “In California, PLUS has established its iconic product: PLUS Gummies (cannabis infused). Its Plus…
A recent editorial by Anthony Varrell of technical420 reviews a slowdown in merger and acquisition (M&A) activity in the cannabis sector during the last year and its expected positive trend and bounce back in 2020 and moving forward. The article highlights three companies thought to be potential acquirers, including Canopy Growth (TSX: WEED) (NYSE: CGC), MediPharm Labs (TSX: LABS) (OTCQX:…
Canopy Growth on Friday said it would delay the launch of its cannabis beverages, saying “the scaling process is not complete.” READ MORE: https://finance.yahoo.com/m/cf586dca-4f7e-3952-9341-17d8a82ea4af/this-cannabis-stock%26%2339%3Bs.html?.tsrc=rss
Sugarmade (OTCQB: SGMD), today announced the rescission of an agreement to acquire a hydroponic equipment supplier and, in a filing with the U.S. Securities & Exchange Commission, outlines that approximately 1.2 billion common share equivalents will be returned to the company’s treasury. According to the update, Sugarmade’s board of directors has determined that the business combination is no longer viewed…
Canopy Rivers (TSX: RIV) (OTC: CNPOF), a venture capital firm specializing in cannabis, this morning provided an update regarding recent announcements from its portfolio companies High Beauty, Inc., TerrAscend Corp. (CSE: TER), YSS Corp. (TSX.V: YSS) and James E. Wagner Cultivation Corp. (TSX.V: JWC) (OTCQX: JWCAF). Per the update, High Beauty will remember 2019 as the year it expanded its…
TORONTO–(BUSINESS WIRE)–Halo Labs Inc. (“Halo” or the “Company”) (NEO: HALO, OTCQX: AGEEF, Germany: A9KN) is pleased to announce it has entered into two Letters of Intent (the “Agreements”), concerning the proposed acquisition of a controlling interest in a North Hollywood (“NOLA”) cannabis dispensary applicant and 100% interest in a retail management company and leasehold for a total combined consideration of…