Vertically integrated multi-state operator
Ascend Wellness Holdings, Inc. (CSE:AAWH) has tapped Joe Hinrichs to its board of directors.
Hinrichs is a former president of automotive at Ford Motor Company, where he spent 19 years in several different leadership positions.
He also worked for General Motors for over a decade and the Chicago-based private investment group Ryan Enterprises Group, where he was a partner and senior vice president.
“Adding a distinguished leader of a Fortune 500 company to our Board represents a milestone for Ascend and the industry,” Abner Kurtin, AWH founder and CEO, said Tuesday.
The New York-based company also reported its financial results for the first quarter of 2021, revealing a 21.8% sequential increase in revenue.
Canadian cannabis giant
Canopy Growth Corporation (TSX:WEED) (NASDAQ:CGC) will deepen its collaboration with household guru Martha Stewart, who has agreed to serve as the company s official strategic advisor.
Stewart s CBD Saga
The Smiths Falls, Ontario-based company introduced Stewart s product line of hemp-derived wellness supplements in September under a collaboration with Marquee Brands, building on her prior involvement with the company.
Canopy Growth welcomed Stewart in 2019 as part of the deal with Sequential Brands Group, Inc. (NASDAQ:SQBG). Since then, Stewart has been advising the company on developing its own line of CBD products.
Last November, Stewart released her holiday-inspired gummies line. The collaboration between the Domestic Diva and Canopy Growth resulted in the launch of Martha Stewart CBD Wellness Gummies Sampler.
Share:
NEW YORK, May 14, 2021 (GLOBE NEWSWIRE) Gainey McKenna & Egleston reminds investors that a class action lawsuit has been filed against Sequential Brands Group, Inc. ( Sequential Brands ) (NASDAQ:SQBG) in the United States District Court for the Southern District of New York on behalf of those who purchased or acquired the securities of Sequential Brands between November 3, 2016 and December 11, 2020, inclusive (the Class Period ). The lawsuit seeks to recover damages for investors under the federal securities laws.
The Complaint alleges that Defendants made false and/or misleading statements and/or failed to disclose that: (i) in late 2016, the Company knew or should have known that its goodwill was likely impaired; (ii) the Company avoided and delayed the material write down to goodwill in late 2016 through 2017; (iii) the Company understated its operating expenses and net loss and also materially overstated its income from operations, goodwill, and assets from late 20
Share this article
Share this article
NEW YORK, May 13, 2021 /PRNewswire/ Pomerantz LLP is investigating claims on behalf of investors of Sequential Brands Group, Inc. ( Sequential or the Company ) (NASDAQ: SQBG). Such investors are advised to contact Robert S. Willoughby at [email protected] or 888-476-6529, ext. 7980.
The investigation concerns whether Sequential and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
On November 9, 2017, Sequential issued a press release entitled Sequential Brands Group Announces Third Quarter 2017 Financial Results (the November 2017 Press Release ). The November 2017 Press Release announced that [i]ncluded in the net loss for the third quarter 2017 were non-cash impairment charges of $36.5 million for indefinite-lived intangible assets related to the trademarks of five of the Company s non-core brands[,] marking the first time the Company noted its need for imp
Home / Top News / Sequential Brands Group, Inc. Investors: Last Days to Participate Actively in the Class Action Lawsuit; Portnoy Law Firm
Sequential Brands Group, Inc. Investors: Last Days to Participate Actively in the Class Action Lawsuit; Portnoy Law Firm
Investors with losses are encouraged to contact the firm before May 17, 2021; click
here
LOS ANGELES, May 11, 2021 (GLOBE NEWSWIRE)
The Portnoy Law Firm advises investors that a class action lawsuit has been filed on behalf of Sequential Brands Group, Inc. (NASDAQ: SQBG) investors that acquired shares between November 3, 2016 and December 11, 2020. Investors have until May 17, 2021 to seek an active role in this litigation.