Minority

ICYMI: Senators Wyden and Crapo Join Forces to Advocate for PBM Reform, Support Pharmacists and Pharmacies

Retrieved on: 
Thursday, March 14, 2024

WASHINGTON, March 14, 2024 /PRNewswire-PRWeb/ -- On March 14, 2024, Senate Finance Committee Chair Ron Wyden (D-OR) and Ranking Member Mike Crapo (R-ID) were cheered on at a Capitol Hill press conference by pharmacists and pharmacy leaders from across the nation as the Senators committed to continuing to push for swift enactment of bipartisan pharmaceutical benefit manager (PBM) reforms. The reforms would finally address the manipulative practices of pharmaceutical middlemen that are depriving patients of prescription drug savings and forcing pharmacies out of business.

Key Points: 
  • Surrounded by more than 100 pharmacists and other pharmacy representatives with signs reading "PBM Reform Now," "Patients Can't Wait," and "Get it Done," Senators Wyden and Crapo stood together as bipartisan leaders and pressed the case for essential PBM reforms in Medicare and Medicaid.
  • "The time for PBM reform was yesterday," said Sen. Wyden.
  • "Certain pharmacy benefit manager practices continue to jeopardize the viability and financial stability of pharmacies, forcing far too many to close up shop," said Sen. Crapo.
  • In the letter, Senators Wyden and Crapo emphasized that PBM reform must be a policy priority citing the impact of PBM practices on seniors, families and health providers.

Celebrating Wellness: Holistic Re-Leaf Unveils its New Cannabis Dispensary in Rockaway, NJ

Retrieved on: 
Wednesday, March 13, 2024

Sherry Hundal, a Denville native, opened Holistic Re-Leaf with the goal of combining conventional wellness with innovative cannabis solutions.

Key Points: 
  • Sherry Hundal, a Denville native, opened Holistic Re-Leaf with the goal of combining conventional wellness with innovative cannabis solutions.
  • Customers of Holistic Re-Leaf may look forward to an experience that promotes knowledge, comprehension, and responsible use, in addition to premium cannabis products.
  • The staff at Holistic Re-Leaf is committed to helping our customers understand the many advantages that cannabis can provide.
  • Experience the Holistic Re-Leaf difference and start on a journey toward better wellness and holistic health.

Fannie Mae Announces Winner of its Latest Non-Performing Loan Sale

Retrieved on: 
Tuesday, March 12, 2024

WASHINGTON, March 12, 2024 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today announced the results of its twenty-third non-performing loan sale transaction.

Key Points: 
  • WASHINGTON, March 12, 2024 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today announced the results of its twenty-third non-performing loan sale transaction.
  • All purchasers are required to honor any approved or in-process loss mitigation efforts at the time of sale, including forbearance arrangements and loan modifications.
  • In addition, purchasers must offer delinquent borrowers a waterfall of loss mitigation options, including loan modifications, which may include principal forgiveness, prior to initiating foreclosure on any loan.
  • Fannie Mae will also post information about specific pools available for purchase on that page.

CANNABIS INDUSTRY MOGULS MEET IN MIAMI FOR BENZINGA CONFERENCE

Retrieved on: 
Tuesday, March 12, 2024

HOLLYWOOD, Fla., March 12, 2024 /PRNewswire/ -- The Benzinga Cannabis Capital Conference, North America's premier cannabis investment and branding event, is returning to Florida for a two-day conference starting on April 16, 2024, at The Diplomat Beach Resort in Hollywood. Anchored by keynote speaker Boris Jordan, the event has over 100 CEOs confirmed and is anticipating more than 2,000 attendees.  As one of the most established shows in this industry, the event offers unparalleled opportunities and connections for cannabis entrepreneurs, marketers, and investors to network, learn, and grow within the industry.

Key Points: 
  • HOLLYWOOD, Fla., March 12, 2024 /PRNewswire/ -- The Benzinga Cannabis Capital Conference , North America's premier cannabis investment and branding event, is returning to Florida for a two-day conference starting on April 16, 2024, at The Diplomat Beach Resort in Hollywood.
  • "We have a star-studded conference lineup of active dealmakers and industry luminaries for our return to Florida," says Benzinga CEO Jason Raznick.
  • Our Benzinga Cannabis Capital Conference is the must-attend event of the year for anyone looking to make their mark in the cannabis world.
  • It's the place to meet the biggest industry players and forge deals to drive the global cannabis industry forward."

Canter Resources Closes Final Tranche of Its Non-Brokered Private Placement

Retrieved on: 
Tuesday, March 5, 2024

Vancouver, British Columbia--(Newsfile Corp. - March 5, 2024) - Canter Resources Corp. (CSE: CRC) (OTC Pink: CNRCF) (FSE: 6O1) ("Canter" or the "Company") is pleased to announce that has closed the final tranche of its non-brokered private placement raising gross proceeds of $250,000 through the issuance of 500,000 units (the "Units") at $0.50 per Unit (the "Offering").

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - March 5, 2024) - Canter Resources Corp. (CSE: CRC) (OTC Pink: CNRCF) (FSE: 6O1) ("Canter" or the "Company") is pleased to announce that has closed the final tranche of its non-brokered private placement raising gross proceeds of $250,000 through the issuance of 500,000 units (the "Units") at $0.50 per Unit (the "Offering").
  • Joness Lang, CEO and a director of the Company purchased 37,000 Units in the Offering.
  • Mr. Lang also purchased 125,000 Units in the first tranche for a combined total of 162,000 Units.
  • The Company paid finder's fees of $7,000 cash and 14,000 finder's warrants (the "Finder's Warrants") in connection with the closing of the final tranche of the Offering.

Cosa Resources Closes C$6.5 Million Private Placement

Retrieved on: 
Tuesday, March 5, 2024

Vancouver, British Columbia--(Newsfile Corp. - March 5, 2024) - Cosa Resources Corp. (TSXV: COSA) (OTCQB: COSAF) (FSE: SSKU) ("Cosa" or the "Company") is pleased to announce that it has closed the brokered private placement previously announced by the Company on February 12, 2024, as upsized on February 13, 2024, for aggregate gross proceeds of C$6,500,816 (the "Offering").

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - March 5, 2024) - Cosa Resources Corp. (TSXV: COSA) (OTCQB: COSAF) (FSE: SSKU) ("Cosa" or the "Company") is pleased to announce that it has closed the brokered private placement previously announced by the Company on February 12, 2024, as upsized on February 13, 2024, for aggregate gross proceeds of C$6,500,816 (the "Offering").
  • The Offering was completed through a syndicate of underwriters, led by Haywood Securities Inc. and including PI Financial Corp. (collectively, the "Underwriters").
  • All Qualifying Expenditures will be renounced in favour of the subscribers of the Charity FT Units effective December 31, 2024.
  • Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

Christina Lake Cannabis Provides Operations Update

Retrieved on: 
Tuesday, March 12, 2024

VANCOUVER, British Columbia, March 11, 2024 (GLOBE NEWSWIRE) -- Christina Lake Cannabis Corp. (CSE: CLC) (OTCQB: CLCFF) (FRANKFURT:CLB), (the "Company" or "Christina Lake Cannabis" or "CLC"), a leading producer of high quality extracts and sun grown cannabis, is pleased to announce following its acquisition of outdoor cultivation facilities in Midway, British Columbia, which closed in February 2024, it has entered into a lease agreement to acquire new harvesting equipment (the "Equipment") to address both the expanded cultivation footprint and growing demand for its products (the "Lease Agreement").

Key Points: 
  • VANCOUVER, British Columbia, March 11, 2024 (GLOBE NEWSWIRE) -- Christina Lake Cannabis Corp. (CSE: CLC) (OTCQB: CLCFF) (FRANKFURT:CLB), (the "Company" or "Christina Lake Cannabis" or "CLC"), a leading producer of high quality extracts and sun grown cannabis, is pleased to announce following its acquisition of outdoor cultivation facilities in Midway, British Columbia, which closed in February 2024, it has entered into a lease agreement to acquire new harvesting equipment (the "Equipment") to address both the expanded cultivation footprint and growing demand for its products (the "Lease Agreement").
  • The Lease Agreement is for a term of 36 months beginning on September 1, 2024 (the "Term"), following the delivery of the Equipment to the Company.
  • The Lease Agreement is between CLC and an entity 50% owned by a director of the Company.
  • The Company’s independent board of directors reviewed and approved the Lease Agreement.

IntelGenx Enters Into a Third Amended and Restated Loan Agreement With atai Life Sciences

Retrieved on: 
Monday, March 11, 2024

Concurrently to entering into the Loan Agreement, the Company has issued 4,000,000 warrants (the “Warrants”) to atai.

Key Points: 
  • Concurrently to entering into the Loan Agreement, the Company has issued 4,000,000 warrants (the “Warrants”) to atai.
  • The Warrants entitle atai to purchase Shares at a price of US$0.17 per Share, for a period of 36 months following their issuance.
  • The shorter period was necessary in order to permit the Company to close the Loan Agreement in a timeframe consistent with usual market practice for transactions of this nature.
  • This press release does not constitute an offer of securities for sale in the United States.

BGX – BLACK GOLD EXPLORATION CORP ANNOUNCES EQUITY INCENTIVE GRANT AND DEBT SETTLEMENT AGREEMENTS

Retrieved on: 
Friday, March 8, 2024

The Options granted to directors vest 20% on grant and 40% on the first and second anniversary of the grant date.

Key Points: 
  • The Options granted to directors vest 20% on grant and 40% on the first and second anniversary of the grant date.
  • The Options granted to Officers vest 20% on grant and 20% on the first, second, third and fourth anniversary of the grant date.
  • The Options and PSUs are granted in accordance with the Company's equity incentive plan adopted by BGX’s board of directors on March 7, 2024 (the "Equity Incentive Plan").
  • The maximum number of equity incentives available for grant is 20% of the Company’s Common Shares on a rolling basis.

Freddie Mac Announces $120 Million Non-Performing Loan Sale

Retrieved on: 
Wednesday, March 6, 2024

MCLEAN, Va., March 06, 2024 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) announced today it will offer approximately $120 million in non-performing loans (NPL) for sale via auction.

Key Points: 
  • MCLEAN, Va., March 06, 2024 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) announced today it will offer approximately $120 million in non-performing loans (NPL) for sale via auction.
  • Advisors to Freddie Mac on the transaction are BofA Securities, Inc. and First Financial Network, Inc., a woman-owned business.
  • Freddie Mac’s seasoned loan offerings focus on reducing less-liquid assets in the company’s mortgage-related investments portfolio in an economically sensible way.
  • Freddie Mac undertakes no obligation, and disclaims any duty, to update any of the information in those documents.