Benzinga Cannabis’ Post

Tilray Brands (NASDAQ: TLRY) Stock Takes a Tumble – Here’s What You Need to Know https://lnkd.in/dZK7aWDX #TLRY #NASDAQ #StockMarket #stockmarketnews #BusinessNews #News #NewsAlert

#SOVO - Why Sovos Brands Stock Is Soaring Today 2023-08-07 11:36:14 ET Campbell Soup (NYSE: CPB) is dipping into the pantry for growth, agreeing to a deal for $2.7 billion in cash and assumed debt to acquire Sovos Brands (NASDAQ: SOVO) . The deal offers a substantial premium to Sovos shareholders, and the stock is up 25% ... August 07, 2023 at 11:36AM #StockMarket #MWN

An eventful week with the big vote for Synlait “approved”. Elsewhere, Blackpearl Group kept up its blistering pace, tracking to surpass $10m ARR soon and timeframe to $20m … 📣 KEY NZX ANNOUNCEMENTS: ▶️ BPG: Blackpearl are now approximately six weeks away from surpassing the milestone of NZD$10m ARR. ▶️ SML: Synlait shareholders vote in favour of shareholder loan as a2 milk announce their intentions last minute. ▶️ FBU: Fletcher Building board candidate pulls candidacy after no communication from the board for 3 months. ▶️ NZM: NZME continues to comply with continuous disclosure obligations as share price jump 17%. ▶️ EBO: EBOS declines speculation that it is considering the potential sale of pet food business Prime100. Insight Investor Relations Terri Wimsett Hayden Brown Hana Schofield Nick Lissette Tori Colebourne

Pabst Blue Ribbon’s ‘High Seltzer’ is a shining example of licensing in cannabis. Here’s why: Pabst actually has national brand value. Pabst’s counter-culture following is well aligned with cannabis. Pabst brings decades of canning and beverage distribution IP to the table. Pabst spends on in-house marketing and sales. If the company you are signing a licensing deal with isn’t bringing these four things to the table, (National Value, Alignment, IP, In-House Sales) it’s a hard pass.

Here’s the untold story behind a $600 million acquisition: It wasn’t merely about placing ingredient lists front and center. It was about demonstrating value rather than merely stating it. When RXBAR entered the scene, it was just another unremarkable player in a saturated market, claiming simplicity and naturalness with its tagline, “AS PRESCRIBED BY NATURE.” However, merely using slogans often falls flat. The market is flooded with claims of naturalness, making it hard for consumers to differentiate or trust. RXBAR’s game-changing move was to showcase its ingredients prominently, thereby proving its naturalness transparently and letting consumers judge for themselves. This strategy not only differentiated RXBAR but also fueled a sales surge, culminating in a $600 million acquisition by Kellogg. Consider this: Are there things you’re telling when you should be showing? If you found value in this, please share and follow Jason Feifer for more insights.

📢 Colep Packaging acquires the entire share capital of ALM Envases 🌐 We are pleased to announce that Colep Packaging has successfully finalized the acquisition of 100% of ALM Envases. After acquiring 40% of ALM Envases two years ago, Colep Packaging has now completed the acquisition by purchasing the remaining 60% of the Spanish aluminum aerosol manufacturer. This strategic expansion movement reinforces Colep Packaging's value proposition as a preferred partner for metal packaging solutions in both #tinplate and #aluminum. For Paulo Sousa, Colep Packaging’s CEO, "this operation, together with the recent entry into Mexico, emphasizes our vision for the aerosol segment and is aligned with the company's growth strategy." Paulo Sousa also states that “We must recognize and thank David Massanet, ALM's former General Manager, and the entire ALM team for their work, vision, and dedication, which have contributed to ALM's growth over the past 35 years.” Read the full news here 👉 https://lnkd.in/ePq3qHm #ColepPackaging #ALM #AerosolMarket #MetalPackaging #Aluminum #Acquisition

Chill Brands Group PLC (LSE:CHLL, OTCQB:CHBRF) shares have been suspended from trading on the Main Market of the London Stock Exchange at the request of the company. It follows the announcement of internal investigations into a number of commercial arrangements entered into connected to its UK vape business and allegations that had been raised around the use of inside information. Chill Brands stated in an RNS: “The company's board of directors are unable to currently provide the market with an accurate update of its financial and trading position.   “At this time both investigations remain ongoing, and it is the company's intention to provide a more detailed update on its trading, operational and strategic position once this is concluded.” Shares are suspended effective immediately. More at #Proactive #ProactiveInvestors http://ow.ly/xMKI105vlY3

📢 Colep Packaging acquires the entire share capital of ALM Envases 🌐 We are happy to announce that, two years after acquiring 40% of ALM Envases, Colep Packaging executed the purchase of the remaining 60% of the leading Spanish aluminum aerosol manufacturer. With this operation, Colep Packaging reaffirms its ambition to grow in the #aerosol market. This strategic expansion movement reinforces Colep Packaging's value proposition as a preferred partner for metal packaging solutions in both #tinplate and #aluminum. Over the past two years, the global aerosol market has grown by more than 6% annually, reaching 10 billion units produced per year. For Paulo Sousa, Colep Packaging’s CEO, "This operation, together with the recent entry into Mexico, emphasizes our vision for the aerosol segment and is aligned with our overall growth strategy." Read the full news here 👉 https://lnkd.in/dNUiWua8 #ColepPackaging #AerosolMarket #MetalPackaging #Acquisition

Tilray Brands, Inc. has reported another quarter of record sales while beating analysts’ estimates on its earnings, reducing its losses by around US$15m year-on-year. Despite this, the #Canadian #cannabis giant has seen its stock price plummet 10% since it released its figures, as investors remain skeptical of the company’s promise to break even this year. In the three months to November 30, 2023, #Tilray saw revenues jump some 34% year-on-year to $193.8m, coming just below analysts’ forecasts. For the full story, read below 👇 https://lnkd.in/eJhp_GQ3 #cannabisnews #cannabisindustry #stocks #canada #finance

ICYMI: Dope piece featuring Marino. client LeafLink projecting how much #cannabis was sold during #superbowl2024 week in #LasVegas. #LeafLink always has the best data and the best analysis thanks to Ben Burstein! If you're a reporter in need of #cannabiswholesale data, shoot me a DM. #cannabispr "With another Super Bowl in the books, let’s play post-game quarterback and review some interesting cannabis trends that led up to the most watched event of the year. The weeks preceding Sunday’s Super Bowl in Las Vegas will likely be the top-selling period of the year for marijuana retailers in the region, even outpacing April 20, according to forecasts from cannabis wholesale platform #LeafLink. According to LeafLink data from Jan. 21-28, marijuana retail operators in Nevada spent more than $3.5 million in wholesale purchases, a 67% jump from the prior week...Flower was the biggest driver with nearly 400,000 ordered units. The 67% increase compares with a 13% rise in Nevada wholesale purchases during the same week last year. It’s also significantly more than the 15% increase in Arizona wholesale purchases in January 2023, when the Phoenix suburb of Glendale prepared to host the Super Bowl last year." #cannabiscommunity #MarinoCannabis