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As the pendulum of American politics has shifted once again, cannabis is back on the menu. The change in presidential administrations, along with sweeping approval by voters in those states where legalization of cannabis was on the 2020 ballot, makes it more likely that Congress will pass legislation to decriminalize the manufacture, sale and distribution of cannabis at the federal level. At the present time, at least 36 states and the District of Columbia have legalized cannabis in some form or fashion. Indeed, the recent slate of victories on state ballots across the United States evidences the growing acceptance of cannabis by the majority of Americans.
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DENVER, Feb. 10, 2021 (GLOBE NEWSWIRE) Bonanza Creek Energy, Inc. (NYSE:BCEI) (the Company or Bonanza Creek ) today announced that a special meeting of stockholders of the Company (the Bonanza Creek special meeting ) is scheduled to take place on March 12, 2021 at 9:00 a.m., Mountain Time. The purpose of the Bonanza Creek special meeting is to approve the issuance of Bonanza Creek common stock to stockholders and noteholders of HighPoint Resources Corporation ( HighPoint ) in connection with the transaction pursuant to the Agreement and Plan of Merger, dated as of November 9, 2020, by and among the Company, HighPoint and Boron Merger Sub, Inc. (as amended from time to time, the merger agreement ). The record date for Bonanza Creek stockholders entitled to vote at the Bonanza Creek special meeting is the close of business on February 1, 2021.
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MORRISVILLE, N.C., Feb. 9, 2021 /PRNewswire/ Pyxus International, Inc. (OTC Pink: PYYX) ( Pyxus or the Company ), a global value-added agricultural company, today announced results for its fiscal quarter ended December 31, 2020.
Quarter Highlights:
Sales and other operating revenues increased $16.3 million or 4.5% to $379.6 million for the three months ended December 31, 2020 from $363.3 million for the three months ended December 31, 2019.
Gross profit as a percent of sales increased to 16.5% for the three months ended December 31, 2020 from 15.2% for three months ended December 31, 2019.
Selling, general, and administrative expenses ( SG&A ) were $45.9 million for the three months ended December 31, 2020 and 2019.
Net loss improved $13.8 million or 62.7% to $8.2 million for the three months ended December 31, 2020 from $22.0 million for the three months ended December 31, 2019.
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DEADLINE ALERT: Bragar Eagel & Squire, P.C. Reminds Investors That a Class Action Lawsuit Has Been Filed Against Covia Holdings Corporation and Encourages Investors to Contact the Firm
02/05/2021 | 09:01pm EDT
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Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, reminds investors that a class action lawsuit has been filed in the United States District Court for the Northern District of Ohio on behalf of investors that purchased Covia Holdings Corporation (Other OTC: CVIAQ) securities between March 15, 2016 and June 29, 2020 (the “Class Period”). Investors have until February 8, 2021 to apply to the Court to be appointed as lead plaintiff in the lawsuit.