NewsRoom Articles - Page 590 of 1444

ThursdayOct 15, 2020 1:38 pm

FinovateWest Digital 2020: Discover Tomorrow’s Solutions to Today’s Fintech Challenges

Finovate West Digital is on. Taking the place of Finovate Spring 2020, the event, set for Nov. 23–25, 2020, retains all the promise of its vernal antecedent. Although it is now a completely virtual affair, the conference maintains its merit as a platform to provide a rewarding combination of education, information and networking. Event organizers are gearing up to welcome over 1,100 senior executives from the banking and financial services sector, as well as founders and managers of fintech start-ups. More than 120 leading figures from various fields associated with digital financial technologies will share their expertise and experience. And…

ThursdayOct 15, 2020 1:14 pm

Net Element Inc. (NASDAQ: NETE) Well-Poised to Capitalize as EV Market Set to Grow by 29% per Annum Over Next Decade

Net Element’s reverse merger with EV manufacturer Mullen Technologies expected to close by 4Q2020 Mullen expects to begin marketing Dragonfly K50, sold in conjunction with JV partner Qiantu Motors from 2Q2021 followed by its own EV SUV in 2022 Deloitte expects annual EV sales to rise from 2.5mn in 2020 to 31.1mn in 2030, implying 29% CAGR over next ten years By 2030, EVs expected to account for 32% of all automobile sales globally, approximately 27% in United States Net Element (NASDAQ: NETE), a financial technology company which has recently transformed its business model to become a pure-play electric vehicle…

ThursdayOct 15, 2020 12:27 pm

AzurRx BioPharma Inc. (NASDAQ: AZRX) is “One to Watch”

AzurRx BioPharma’s lead therapeutic, MS1819, is a recombinant lipase treatment for exocrine pancreatic insufficiency and is currently targeting patients with cystic fibrosis and chronic pancreatitis – an established global market of more than $2 billion The company is currently pursuing parallel monotherapy and combination therapy trials, which are anticipated to produce topline data in Q1 2021 and Q2 2021, respectively Previously completed clinical trials of MS1819 showed primary and secondary endpoint efficacy, with a positive safety profile To fully finance its ongoing Phase 2 trials and being preparations for a pivotal Phase 3 study in 2021, as well as to…

ThursdayOct 15, 2020 9:00 am

SPACs Surge as Biotech Booms

NetworkNewsWire Editorial Coverage: As the world has focused on the search for COVID vaccines and therapeutics, biotech IPOs have quietly gone bonkers. As a matter of fact, 2020 is on track to post the highest number of biotech IPOs in over five years. Along the way, biotech companies have managed to raise a lot of capital already this year. As biotech demand has surged, so has the number of biotech-focused SPACs (Special Purpose Acquisition Company). A SPAC is a company that raises capital through an IPO with the sole intent of buying or merging with another operating company. SPACs have…

WednesdayOct 14, 2020 3:00 pm

Vireo Health International (CNSX: VREO) (OTCQX: VREOF) Featured in Virtual Coverage of Benzinga’s Cannabis Capital Conference

Vireo Health International (CNSX: VREO) (OTCQX: VREOF) is a leading American science-focused, multi-state cannabis company. With operations strategically located in early-stage, limited-license medical markets, Vireo manufactures pharmaceutical-grade cannabis products in environmentally friendly greenhouses and distributes its products through its growing network of Green Goods™ retail dispensaries and hundreds of third-party locations. Its current core medical markets of New York, Minnesota, Arizona, New Mexico, and Maryland all have the potential to enact adult-use legalization in the next three to 24 months, and two additional markets in Puerto Rico and Massachusetts also have potential for commercialization. Combined with its teams' focus on…

WednesdayOct 14, 2020 2:45 pm

Village Farms International Inc. (NASDAQ: VVF) (TSE: VFF) Featured in Virtual Coverage of Benzinga’s Cannabis Capital Conference

Village Farms International Inc. (NASDAQ: VVF) (TSE: VFF) is one of the largest and longest-operating greenhouse growers in North America. The company is leveraging its decades of experience as a large-scale, low-cost intensive agriculture and vertically integrated produce supplier to pursue high-value, high-growth plant-based Consumer Packaged Goods opportunities in cannabis and CBD in North America and selected markets internationally. In September 2020, Village Farms announced the acquisition of British Columbia, Canada-based Pure Sunfarms, which operates one of the single largest cannabis operations in the world. Michael A. DeGiglio, CEO of Village Farms, will be participating in a forum discussion alongside…

WednesdayOct 14, 2020 2:30 pm

Trulieve Cannabis (CSE: TRUL) (OTCQX: TCNNF) Featured in Virtual Coverage of Benzinga’s Cannabis Capital Conference

Trulieve Cannabis (CSE: TRUL) (OTCQX: TCNNF) is the first medical cannabis company in the state of Florida, the third most populous state in the United States with its vertically integrated "seed-to-sale" operation capturing approximately 51% of the Florida market. Trulieve boasts over 501+ SKUs which have been developed through cannabis grown on their over 1.8 million square feet of cultivated land in Florida, distributed through a wide-ranging network of 61 stores in Florida and 63 stores total nationwide. As of 2019, the company had announced purchases of licenses in the states of California and Massachusetts along with a dispensary in…

WednesdayOct 14, 2020 2:15 pm

TILT Holdings (CSE: TILT) (OTCQB: TLLTF) Featured in Virtual Coverage of Benzinga’s Cannabis Capital Conference

TILT Holdings (CSE: TILT) (OTCQB: TLLTF) is a vertically integrated technology and infrastructure company that provides products and services in the cannabis industry. Through a portfolio of companies providing hardware, software, logistics, cultivation and production, TILT services more than 2,000 brands and cannabis retailers across 33 states in the U.S. as well as Canada, Israel, Mexico, South America, and the European Union. TILT’s core businesses include Jupiter, a wholly owned subsidiary and leader in the vaporization segment focused on hardware design, R&D and manufacturing; Blackbird, a software and operations solutions provider for wholesale and retail distributors; and cannabis operations Commonwealth…

WednesdayOct 14, 2020 2:00 pm

SLANG Worldwide (CNSX: SLNG) (OTCQB: SLGWF) Featured in Virtual Coverage of Benzinga’s Cannabis Capital Conference

SLANG Worldwide (CNSX: SLNG) (OTCQB: SLGWF) is a consumer packaged goods company that owns, licenses and markets cannabis brands, serving the flower, concentrates, edibles, and beverage categories. SLANG possesses a robust portfolio of renowned brands which are distributed across more than 2,600 stores in 12 US states; in 2019 alone, the company sold 4 million branded units amounting to 250 million branded servings. The company’s brands include Penvape, Craft Reserve, Reserve, Firefly and Bakked, all of which fall into the vaporizer category as well as Cookies and District Edibles that come under the cannabis-based edible products category. John Moynan, COO…

WednesdayOct 14, 2020 1:45 pm

Planet 13 (CSE: PLTH) (OTCQX: PLNHF) Featured in Virtual Coverage of Benzinga’s Cannabis Capital Conference

Planet 13 (CSE: PLTH) (OTCQX: PLNHF) is a Las Vegas-based vertically integrated cannabis company, holding a total of 6 cannabis licenses enabling the company to be fully licensed for cultivation, retail distribution and more in the Nevada marketplace. The company also owns the Planet 13 Cannabis Entertainment Complex, the world’s largest cannabis store located only steps away from the Las Vegas Strip. The Planet 13 Superstore acts as a showcase for a growing portfolio of branded products, including vapes, edibles, pre-rolls and concentrates. Planet 13’s ambition is to operate ultra-high-end dispensaries in tier-one markets nationwide and to sell their brands…

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