• GlobeNewswire

    Cronos Group Announces Streamlined Operating Structure to Improve Cash Flow

    Plans to Exit Existing U.S. hemp-derived CBD Operations Intends to Launch Lord Jones® Brand in the Canadian Adult-use Market in Q4 2023 TORONTO, May 31, 2023 (GLOBE NEWSWIRE) -- Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) (“Cronos” or the “Company”), an innovative global cannabinoid company, today announced its decision to streamline its operating structure by winding down and exiting its existing U.S. hemp-derived CBD-focused operations by the end of the second quarter of 2023. Cronos has made

  • TheStreet.com

    Bud Light Announces New Initiative With LGBTQ+ Business Owners Despite Boycott, Loss of Sales

    Anheuser-Busch is doubling down on support for a pro-LGBTQ+ organization amid recent backlash. Bud Light announced on Tuesday, May 30 that it would be extending its partnership with the National LGBT Chamber of Commerce which started last year. The brewing company is also donating $200,000 to the NGLCC for the second year in a row.

  • Barrons.com

    The Case For Buying BUD Stock After Its Bud Light-Induced Tumble

    Nielson data through May 20 shows that Bud Light volume declines are continuing to accelerate, slumping 27.2%, compared with a 25% fall the prior week.

  • Zacks

    Molson Coors (TAP) Gains 13.8% in 3 Months Amid Inflation Woes

    Although rising inflation is concerning, brand strength, product innovation and a revitalization plan bode well for Molson Coors (TAP).

  • The Wall Street Journal

    Not Just Bud Light: Culture Wars Hit Other Anheuser-Busch Beers

    A consumer backlash [to Bud Light beer](https://www.wsj.com/articles/bud-light-boycott-sales-dylan-mulvaney-6c23bb86) has spread to other Anheuser-Busch beers, according to a Bank of America report, further dragging down shares that have been sliding since the start of May.

  • Investing.com

    Midday movers: Advance Auto Parts, Hewlett Packard Enterprise, Twilio and more

    Investing.com -- Stocks are falling on Wednesday as lawmakers prepared to vote on the debt ceiling deal. Here are the market movers for May 31.

  • Zacks

    Want Better Returns? Don't Ignore These 2 Consumer Staples Stocks Set to Beat Earnings

    Finding stocks expected to beat quarterly earnings estimates becomes an easier task with our Zacks Earnings ESP.

  • PR Newswire

    Corbus Pharmaceuticals to Participate in the 2023 Jefferies Healthcare Conference

    Corbus Pharmaceuticals Holdings, Inc. (NASDAQ: CRBP) ("Corbus" or the "Company"), a precision oncology company, today announced that Yuval Cohen, Ph.D., Chief Executive Officer of Corbus, will participate in a Fireside Chat at the 2023 Jefferies Healthcare Conference, to be held in New York, NY June 7-9, 2023. Management will also be available for one-on-one investor meetings during the conference.

  • CoinDesk

    Team Behind Offshore Yuan, Hong Kong Dollar Stablecoins Detained by Chinese Police: Report

    Earlier this year KuCoin closed a $10 million funding round into CNHC.

  • PR Newswire

    Phase 2 Study of Upadacitinib (RINVOQ®) Alone or as a Combination Therapy Meets Primary and Key Secondary Endpoints in Patients with Systemic Lupus Erythematosus

    AbbVie (NYSE: ABBV) today announced the results of the Phase 2 SLEek study evaluating upadacitinib (RINVOQ® 30 mg) alone and in combination [ABBV-599 high dose (elsubrutinib 60 mg and upadacitinib 30 mg)] in adults with moderately to severely active systemic lupus erythematosus (SLE) who continued to receive standard lupus therapies. The study results are being presented as an oral presentation during the European Congress of Rheumatology, EULAR 2023.

  • TipRanks

    Oppenheimer Sees Over 50% Gains in These 2 Stocks — Here’s Why They Could Soar

    The shortened week kicked off with one big crisis averted for now. During the long weekend, an agreement was reached between President Biden and House Majority Leader McCarthy that should go toward resolving the debt ceiling. Oppenheimer’s Chief Investment Strategist John Stoltzfus expects a positive reaction to the progress being made to get the deal done. “In our view this portends well for the US and the markets even while it doesn’t eliminate the potential for angst near term as the agreemen

  • Barrons.com

    The Uproar Over Bud Light Could Boost These 2 Stocks

    An analyst at Roth MKM says Boston Beer and Constellation Brands could benefit from weakness in Bud Light's sales, upgrading his rating on both stocks to Buy.

  • GlobeNewswire

    Cronos Group Inc. to Speak at Bernstein's 39th Annual Strategic Decisions Conference

    TORONTO, May 30, 2023 (GLOBE NEWSWIRE) -- Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) (“Cronos” or the “Company”), an innovative global cannabinoid company, today announced that Mike Gorenstein, Chairman, President and CEO, will speak at Bernstein's 39th Annual Strategic Decisions Conference on Thursday, June 1, 2023, at 1:30PM ET. A live webcast will be available on the Investors section of the Company’s website at https://ir.thecronosgroup.com/events-presentations. About Cronos Group Inc.Cron

  • Motley Fool

    Could More Downgrades Be Coming for Tilray Brands Stock?

    Tilray Brands' (NASDAQ: TLRY) stock price is down around 60% over the past year. Is the stock due for some downgrades, or has Tilray reached such a low value that there's a lot of upside for the stock at its current price? Most price targets are set at $3.50 and higher -- roughly double where Tilray's stock is today.

  • PR Newswire


    Canopy Growth Corporation ("Canopy Growth" or the "Company") (TSX: WEED) (NASDAQ: CGC), a leading global cannabis company, and Indiva Limited ("Indiva") (TSXV:NDVA), the leading Canadian producer of cannabis edibles and other cannabis products, and its subsidiary, Indiva Inc., announced today that they have entered into a license assignment and assumption agreement (the "Assignment Agreement") providing Canopy Growth exclusive rights and interests to manufacture, distribute, and sell Wana™ brand

  • Market Exclusive

    Weekly Roundup on the Cannabis Sector & Psychedelic Sector

    Key Takeaways; Cannabis Sector Tilray plummeted 21% on Friday, after announcing a registered offering of $150 million worth of convertible notes. SNDL reported growth in sales over last year as acquisitions helped build the company. Ayr Wellness revenues rose 3% sequentially in the first quarter. Curaleaf first quarter of 2023 revenue exceeded expectations. Key Takeaways; […] The post Weekly Roundup on the Cannabis Sector & Psychedelic Sector appeared first on Market Exclusive.

  • PR Newswire

    Aurora and Ethypharm Reaffirm their Commitment to Promote Access to Medical Cannabis for French Patients

    Aurora Europe GmbH, a subsidiary of Aurora Cannabis Inc. (NASDAQ: ACB) (TSX: ACB), and Ethypharm are pleased to announce that they have once again been selected by the French General Directorate of Health (DGS) as exclusive suppliers of dried medical cannabis flower until the end of the French trial period. The trial has recently been extended until March 2024.

  • GlobeNewswire

    Sweetwater Brewing Launches New Refreshing Line of Ready-to-Drink Mixed Cocktails in a Can

    Introducing SweetWater Spirits SweetWater Spirits are the perfect companion for summer outings and barbecues and now available at select grocery and liquor stores, as well as bars and restaurants, offering consumers an opportunity to elevate their beverage choices. SweetWater Brewing Company Introduces New SweetWater Spirits SweetWater Spirits: a new collection of bright and refreshing ready-to-drink mixed cocktails in a can featuring two spirits-based cocktails Vodka Soda Citrus and Vodka Soda

  • AP Finance

    LGBTQ+ activists call for new strategies to promote equality after Target backlash

    Following Target’s announcement last week that it removed products and relocated Pride displays to the back of certain stores in the South, activists in the LGBTQ+ community are calling for new campaigns to convince corporate leaders not to cave to anti-LGBTQ+ groups. “We need a strategy on how to deal with corporations that are experiencing enormous pressure to throw LGBTQ people under the bus,” said California state Sen. Scott Wiener, D-San Francisco, a member of the LGBTQ legislative caucus. “We need to send a clear message to corporate America that if you’re our ally — if you are truly our ally — you need to be our ally, not just when it’s easy but also when it’s hard,” he said.

  • Zacks

    AbbVie Inc. (ABBV) is Attracting Investor Attention: Here is What You Should Know

    AbbVie (ABBV) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

  • Insider Monkey

    20 Biggest Beer Brands in America

    In this article, we are going to discuss the 20 biggest beer brands in America. You can skip our detailed analysis of the growth in the American beer industry, effects of Covid-19 on the beer market and the emergence of craft beers and go directly to 5 Biggest Beer Brands in America. According to a report […]

  • Investopedia

    Top Tobacco Stocks for 2023

    British American Tobacco, Vector Group, and RLX Technology lead their peers for best value, fastest growth, and best performance, respectively.

  • Insider Monkey

    10 Best June Dividend Stocks To Buy

    In this article, we discuss 10 best June dividend stocks to buy now. You can skip our detailed analysis of dividend stocks and their performance over the years, and go directly to read 5 Best June Dividend Stocks To Buy. Apart from their significant contribution to the market’s overall returns, dividend stocks can also potentially […]

  • Insider Monkey

    25 U.S. States With the Highest Beer Consumption per Capita

    In this article, we are going to discuss 25 U.S. states with the highest beer consumption per capita. You can skip our detailed analysis of the history of beer, consumption and sales figures of beer in the U.S., the recent backlash against the most popular beer in America and the market outlook of the global […]

  • Insider Monkey

    Top 15 Agribusiness Companies in the World By Revenue

    In this article, we will be taking a look at the top 15 agribusiness companies in the world by revenue. To see more of these companies, you can go directly to see the Top 5 Agribusiness Companies in the World By Revenue. If there’s one industry that has remained indispensable to the economy and to […]