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Moonstone Bank Issues Statement Regarding Alameda Research Ventures, LLC

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FARMINGTON, Wash.--(BUSINESS WIRE)--Farmington State Bank d.b.a Moonstone Bank today issued a statement addressing questions and correcting inaccurate and unsupported allegations around an investment in FBH Corporation, the bank’s holding company, made by Alameda Research Ventures, LLC in January 2022. Moonstone Bank (Farmington State Bank) is a 135-year-old bank that, since its 2020 acquisition by FBH Corporation, embraced an innovative startup business model, with the goal to serve new customers in underserved industries, such as digital assets and hemp/cannabis businesses. The new model leverages management and technology, built and selected for purpose, to safely and soundly support these innovative businesses and consumers. Throughout our history and throughout the recent process of transforming our business model, we have remained in close communication with our regulators and have built robust processes, programs, and controls to ensure all our activities comply with all applica...

High Tide Launches Exclusive Paid Membership Program: “Cabana Elite”

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CALGARY, Alberta--(BUSINESS WIRE)--High Tide Inc. (“High Tide” or the “Company”) (Nasdaq: HITI) (TSXV: HITI) (FSE: 2LYA), a leading retail-focused cannabis company with bricks-and-mortar as well as global e-commerce assets, is pleased to announce the launch of Cabana Elite (“ELITE”), an optional paid membership upgrade for Cabana Club members. Starting today, customers can sign up for ELITE in-store and online at www.cannacabana.com. The Company expects that ELITE will extend the Cabana Club membership program, attract new customers and instill even greater customer loyalty. The Company anticipates that further discounts, benefits and promotions will be regularly added to ELITE. The table below outlines the various perks and benefits available to ELITE members:   Cabana Club ELITE2 UNBEATABLE prices on cannabis3 √ √ Up to 80% off accessories, everyday √ √ 25% off accessory coupon   √ Triple entries into the 420 Car Giveaway, featuring a TESLA Model Y valued at over C$100,000   √ Exclus...

Global Cannabidiol Market Report 2022: Growing Acceptance and Use of Products Due to Government Approvals Drives Sector – ResearchAndMarkets.com

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DUBLIN--(BUSINESS WIRE)--The "Global Cannabidiol Market (2022-2027) by Type, Distribution Channel, End-User, and Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering. The Global Cannabidiol Market is estimated to be USD 3.76 Bn in 2022 and is expected to reach USD 8.15 Bn by 2027, growing at a CAGR of 16.72% Market Dynamics Drivers Growing Acceptance and Use of Products Due to Government Approvals Rising Demand from Medical and Pharmaceutical Industry Increasing Awareness of Healing Properties of Cannabidiol Restraints Risk of Side-Effects Such as Dry Mouth, Diarrhea, Reduced Appetite Legal Constraint on Sales of CBD in Some Countries Opportunities Increasing Customer Inclination Towards Natural or Herbal Remedies/Products Boosting Product Sales Though Alliances With Health and Wellness Retailers Challenges Lack of Awareness and Standardization in Many Developing Markets     Market Segm...

Rosen Introduces Legislation to Ensure Cannabis Small Businesses Can Access SBA Loans and Programs Available to Other Small Business

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WASHINGTON, DC — Yesterday, U.S. Senator Jacky Rosen (D-NV), a member of the Senate Committee on Small Business and Entrepreneurship, introduced the Fair Access for Cannabis Small Business Act to ensure that legally operating cannabis small businesses have access to loans and programs provided by the Small Business Administration (SBA). Currently, the SBA excludes all small businesses with Read the full article... http://dlvr.it/Sd8Lxb

Commission Reminds Licensees of Agency’s Authority

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OLCC takes action on THC lab shopping OREGON: Members of the Oregon Liquor and Cannabis Commission (OLCC) have a message for OLCC licensees – if you flaunt the rules and test our authority we’re going to come down on you, even if we think your complaint has merit. At its regularly scheduled monthly meeting on Read the full article... http://dlvr.it/Sd7zXC

Global Cannabidiol (CBD) Strategic Business Report 2022: Market to Reach $13.4 Billion by 2027 – U.S. Market is Estimated at $1.4 Billion, While China is Forecast to Grow at 19.8% CAGR – ResearchAndMarkets.com

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DUBLIN--(BUSINESS WIRE)--The "Cannabidiol: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering. Global Cannabidiol Market to Reach $13.4 Billion by 2027 In the changed post COVID-19 business landscape, the global market for Cannabidiol estimated at US$5 Billion in the year 2020, is projected to reach a revised size of US$13.4 Billion by 2027, growing at a CAGR of 15.1% over the analysis period 2020-2027. Hemp, one of the segments analyzed in the report, is projected to record 16.4% CAGR and reach US$8.8 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Marijuana segment is readjusted to a revised 12.8% CAGR for the next 7-year period. The U.S. Market is Estimated at $1.4 Billion, While China is Forecast to Grow at 19.8% CAGR The Cannabidiol market in the U.S. is estimated at US$1.4 Billion in the year 2020. China, the world's second largest economy, is forecast to r...

The Alkaline Water Company Appoints David Rauch to its Board of Directors

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SCOTTSDALE, Ariz.--(BUSINESS WIRE)--The Alkaline Water Company Inc. (NASDAQ and CSE: WTER) (the “Company”), the country’s largest independent alkaline water company and the Clean Beverage® company, is pleased to announce the appointment of attorney David Rauch to its board of directors, effective November 16, 2022. Mr. Rauch will serve on the Company’s audit and compensation committees providing expertise drawn from his decades of practicing law as a business and franchise attorney and serving in executive roles. “We extend a very warm welcome to David Rauch as he joins The Alkaline Water Company’s Board of Directors,” said Aaron Keay, the Company’s Chairman of the Board. “David has a long career in business operations and law that will serve the Company well. We expect to benefit greatly from his fresh and discerning perspectives during this pivotal time of growth and strategic execution for The Alkaline Water Company and the Alkaline88® brand.” Mr. Rauch is the President and General ...