MYM Nutraceuticals Inc is a Canada based company engaged in the business of acquiring and developing natural remedies. The company is focused on the medical marijuana business by producing cannabis growing facilities and products.

MYM NUTRACEUTICALS ORD by MYM Nutraceuticals Inc

MYM Nutraceuticals

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Quote To Start The Day: &quot;A man is but what he knows.&rdquo;
Source: <a href="https://www.keepinspiring.me/famous-quotes/?utm_campaign=Fintech%20-%20BZ%20Fintech%20Daily%20Beat&amp;utm_source=hs_email&amp;utm_medium=email&amp;_hsenc=p2ANqtz-9k2zQh5tk2H1dTQGhWykydYHb4LeQwNF2WbN1wXmKrXmSShigIq29eFwNnGuUUL3wj82RI">Sir Francis Bacon</a>
One Big Thing In Fintech: At the end of May, the total market capitalization of stablecoins, which include ones offered by crypto firms Tether and Centre, broke $100 billion.
But in recent weeks, lawmakers and officials from the Federal Reserve and the administration have expressed alarm both in public and private that some consumers won&rsquo;t actually be protected should one of the firms not have the backing they purport to have. They also say the growing size of stablecoins has created a situation where huge amounts of U.S. dollar-equivalent coins are being exchanged without touching the U.S. banking system, potentially blinding regulators to illicit finance.
Source: <a href="https://www.bloomberg.com/news/articles/2021-06-16/crypto-lode-of-100-billion-stirs-u-s-worry-over-hidden-danger?srnd=premium&amp;sref=TBDibEcD&amp;utm_content=article-5826&amp;utm_campaign=article_email&amp;utm_source=sg&amp;utm_medium=email&amp;_hsenc=p2ANqtz-9k2zQh5tk2H1dTQGhWykydYHb4LeQwNF2WbN1wXmKrXmSShigIq29eFwNnGuUUL3wj82RI">Bloomberg</a>
<img src="https://cdn2.hubspot.net/hub/2786381/hubfs/giphy-Jun-17-2021-11-13-18-84-PM.gif?upscale=true&amp;width=800&amp;upscale=true&amp;name=giphy-Jun-17-2021-11-13-18-84-PM.gif" />
Other Key Fintech Developments:
<ul>
<li>eMoney Advisor <a href="https://www.wfmz.com/news/pr_newswire/pr_newswire_pennsylvania/emoney-advisor-announces-plans-for-virtual-summit/article_0a2d842e-f7f4-5d25-9f84-0670cbab50e0.html?utm_campaign=Fintech%20-%20BZ%20Fintech%20Daily%20Beat&amp;utm_source=hs_email&amp;utm_medium=email&amp;_hsenc=p2ANqtz-9k2zQh5tk2H1dTQGhWykydYHb4LeQwNF2WbN1wXmKrXmSShigIq29eFwNnGuUUL3wj82RI#:~:text=eMoney%20Advisor%20announces%20details%20for,virtually%20Oct.%2025%2D27.&amp;text=This%20year's%20theme%20is%20'Planning,experience%2Dbased%20perception%20of%20planning.">plans</a> for a summit.</li>
<li>Integritee <a href="https://www.coindesk.com/integritee-fundraising-kusma-auction?utm_content=article-5826&amp;utm_campaign=article_email&amp;utm_source=sg&amp;utm_medium=email&amp;_hsenc=p2ANqtz-9k2zQh5tk2H1dTQGhWykydYHb4LeQwNF2WbN1wXmKrXmSShigIq29eFwNnGuUUL3wj82RI">added</a> $2M seed funding.</li>
<li>Circle <a href="https://www.theblockcrypto.com/post/108751/circle-partners-with-maps-me-in-app-usdc-transactions?utm_campaign=Fintech%20-%20BZ%20Fintech%20Daily%20Beat&amp;utm_source=hs_email&amp;utm_medium=email&amp;_hsenc=p2ANqtz-9k2zQh5tk2H1dTQGhWykydYHb4LeQwNF2WbN1wXmKrXmSShigIq29eFwNnGuUUL3wj82RI">partnered</a> with maps platform.</li>
<li>Wedbush <a href="https://www.theblockcrypto.com/linked/108717/wedbush-securities-paxos-blockchain-settlement-network?utm_campaign=Fintech%20-%20BZ%20Fintech%20Daily%20Beat&amp;utm_source=hs_email&amp;utm_medium=email&amp;_hsenc=p2ANqtz-9k2zQh5tk2H1dTQGhWykydYHb4LeQwNF2WbN1wXmKrXmSShigIq29eFwNnGuUUL3wj82RI">joins</a> Paxos&rsquo;s settlement.</li>
<li>Visa, Mastercard <a href="https://news.bloomberglaw.com/banking-law/visa-mastercard-face-antitrust-suit-over-square-payment-fees-1?utm_source=Sailthru&amp;utm_medium=email&amp;utm_campaign=Issue%3A%202021-06-17%20Banking%20Dive%20%5Bissue%3A34913%5D&amp;utm_term=Banking%20Dive&amp;_hsenc=p2ANqtz-9k2zQh5tk2H1dTQGhWykydYHb4LeQwNF2WbN1wXmKrXmSShigIq29eFwNnGuUUL3wj82RI">facing</a> suit on fees.</li>
<li>Neobank aims to <a href="https://www.bankingdive.com/news/neobank-better-financial-aims-to-cushion-financial-shocks-for-gig-workers/602001/?utm_source=Sailthru&amp;utm_medium=email&amp;utm_campaign=Issue%3A%202021-06-17%20Banking%20Dive%20%5Bissue%3A34913%5D&amp;utm_term=Banking%20Dive&amp;_hsenc=p2ANqtz-9k2zQh5tk2H1dTQGhWykydYHb4LeQwNF2WbN1wXmKrXmSShigIq29eFwNnGuUUL3wj82RI">assist</a> gig workers.</li>
<li>Score <a href="https://www.businesswire.com/news/home/20210617005229/en/Score-Priority-Corp.-Integrates-with-Sterling-Trader%C2%AE-Pro?utm_campaign=Fintech%20-%20BZ%20Fintech%20Daily%20Beat&amp;utm_source=hs_email&amp;utm_medium=email&amp;_hsenc=p2ANqtz-9k2zQh5tk2H1dTQGhWykydYHb4LeQwNF2WbN1wXmKrXmSShigIq29eFwNnGuUUL3wj82RI">adds</a> Sterling Pro integration.</li>
<li>VanEck <a href="https://www.theblockcrypto.com/post/108738/vaneck-invests-data-startup-cryptocompare?utm_campaign=Fintech%20-%20BZ%20Fintech%20Daily%20Beat&amp;utm_source=hs_email&amp;utm_medium=email&amp;_hsenc=p2ANqtz-9k2zQh5tk2H1dTQGhWykydYHb4LeQwNF2WbN1wXmKrXmSShigIq29eFwNnGuUUL3wj82RI">invested</a> in CryptoCompare.</li>
<li>JPMorgan <a href="https://www.bankingdive.com/news/jpmorgan-to-buy-robo-adviser-nutmeg-to-bolster-uk-footprint/602004/?utm_source=Sailthru&amp;utm_medium=email&amp;utm_campaign=Issue%3A%202021-06-17%20Banking%20Dive%20%5Bissue%3A34913%5D&amp;utm_term=Banking%20Dive&amp;_hsenc=p2ANqtz-9k2zQh5tk2H1dTQGhWykydYHb4LeQwNF2WbN1wXmKrXmSShigIq29eFwNnGuUUL3wj82RI">purchasing</a> robo Nutmeg.</li>
<li>Yodlee has <a href="https://www.finextra.com/pressarticle/88156/yodlee-updates-developer-platform?utm_campaign=Fintech%20-%20BZ%20Fintech%20Daily%20Beat&amp;utm_source=hs_email&amp;utm_medium=email&amp;_hsenc=p2ANqtz-9k2zQh5tk2H1dTQGhWykydYHb4LeQwNF2WbN1wXmKrXmSShigIq29eFwNnGuUUL3wj82RI">updated</a> developer tech.</li>
<li>Cboe <a href="https://www.thetradenews.com/cboe-combines-matchnow-and-bids-for-new-block-trading-platform-in-canada/?utm_campaign=Fintech%20-%20BZ%20Fintech%20Daily%20Beat&amp;utm_source=hs_email&amp;utm_medium=email&amp;_hsenc=p2ANqtz-9k2zQh5tk2H1dTQGhWykydYHb4LeQwNF2WbN1wXmKrXmSShigIq29eFwNnGuUUL3wj82RI">combines</a> MATCHNow, BIDS.</li>
<li>AppZen <a href="https://www.appzen.com/newsrooms/innovate-finance/?utm_campaign=Fintech%20-%20BZ%20Fintech%20Daily%20Beat&amp;utm_source=hs_email&amp;utm_medium=email&amp;_hsenc=p2ANqtz-9k2zQh5tk2H1dTQGhWykydYHb4LeQwNF2WbN1wXmKrXmSShigIq29eFwNnGuUUL3wj82RI">innovates</a> with an AI patent.</li>
<li>Unit <a href="https://finledger.com/2021/06/17/banking-as-a-service-platform-unit-raises-51-million-series-b-and-announces-unit-go/?utm_campaign=Newsletter%20-%20Daily&amp;utm_medium=email&amp;_hsmi=134461182&amp;utm_content=134461182&amp;utm_source=hs_email&amp;_hsenc=p2ANqtz-9k2zQh5tk2H1dTQGhWykydYHb4LeQwNF2WbN1wXmKrXmSShigIq29eFwNnGuUUL3wj82RI">added</a> $51M in Series B round.</li>
<li>TRM Labs <a href="https://www.businesswire.com/news/home/20210617005186/en/TRM-Labs-Raises-14-Million-Series-A-Funding-Round?utm_campaign=Fintech%20-%20BZ%20Fintech%20Daily%20Beat&amp;utm_source=hs_email&amp;utm_medium=email&amp;_hsenc=p2ANqtz-9k2zQh5tk2H1dTQGhWykydYHb4LeQwNF2WbN1wXmKrXmSShigIq29eFwNnGuUUL3wj82RI">adds</a> new $14M Series A.</li>
<li>MoneyGram <a href="https://www.prnewswire.com/news-releases/moneygram-delivers-all-time-record-high-for-moneygram-online-transactions-in-may-301308634.html?tc=eml_cleartime&amp;utm_campaign=Fintech%20-%20BZ%20Fintech%20Daily%20Beat&amp;utm_source=hs_email&amp;utm_medium=email&amp;_hsenc=p2ANqtz-9k2zQh5tk2H1dTQGhWykydYHb4LeQwNF2WbN1wXmKrXmSShigIq29eFwNnGuUUL3wj82RI">hit</a> record transactions.</li>
<li>Credijusto <a href="https://www.reuters.com/article/us-mexico-credijusto/mexicos-credijusto-buys-banco-finterra-eyes-us-business-idUSKCN2DR238?utm_source=Sailthru&amp;utm_medium=email&amp;utm_campaign=Issue%3A%202021-06-17%20Banking%20Dive%20%5Bissue%3A34913%5D&amp;utm_term=Banking%20Dive&amp;_hsenc=p2ANqtz-9k2zQh5tk2H1dTQGhWykydYHb4LeQwNF2WbN1wXmKrXmSShigIq29eFwNnGuUUL3wj82RI">acquired</a> Banco Finterra.</li>
<li>Cross River Bank <a href="https://www.americanbanker.com/news/cross-river-bank-forms-venture-capital-arm-to-invest-in-startups?utm_source=Sailthru&amp;utm_medium=email&amp;utm_campaign=Issue%3A%202021-06-17%20Banking%20Dive%20%5Bissue%3A34913%5D&amp;utm_term=Banking%20Dive&amp;_hsenc=p2ANqtz-9k2zQh5tk2H1dTQGhWykydYHb4LeQwNF2WbN1wXmKrXmSShigIq29eFwNnGuUUL3wj82RI">adds</a> venture arm.</li>
<li>AptPay eys to <a href="https://www.forbes.com/sites/aptpay/2021/06/16/aptpaythe-canadian-fintech-startup-that-is-disrupting-the-payment-industry/?utm_campaign=Fintech%20-%20BZ%20Fintech%20Daily%20Beat&amp;utm_source=hs_email&amp;utm_medium=email&amp;_hsenc=p2ANqtz-9k2zQh5tk2H1dTQGhWykydYHb4LeQwNF2WbN1wXmKrXmSShigIq29eFwNnGuUUL3wj82RI">disrupt</a> fintech startup.</li>
<li>SynFutures <a href="https://synfutures.medium.com/synfutures-raises-an-additional-14m-in-series-a-funding-round-fa201ad4035a?utm_campaign=Fintech%20-%20BZ%20Fintech%20Daily%20Beat&amp;utm_source=hs_email&amp;utm_medium=email&amp;_hsenc=p2ANqtz-9k2zQh5tk2H1dTQGhWykydYHb4LeQwNF2WbN1wXmKrXmSShigIq29eFwNnGuUUL3wj82RI">raises</a> a $14M Series A.</li>
<li>Goldman&rsquo;s Marcus <a href="https://www.bankingdive.com/news/goldmans-marcus-finds-its-next-cfo-within/601914/?utm_source=Sailthru&amp;utm_medium=email&amp;utm_campaign=Issue%3A%202021-06-17%20Banking%20Dive%20%5Bissue%3A34913%5D&amp;utm_term=Banking%20Dive&amp;_hsenc=p2ANqtz-9k2zQh5tk2H1dTQGhWykydYHb4LeQwNF2WbN1wXmKrXmSShigIq29eFwNnGuUUL3wj82RI">finding</a> next CFO.</li>
<li>Mogul <a href="https://uk.finance.yahoo.com/news/mogul-productions-strikes-distribution-deal-174506391.html?utm_campaign=Fintech%20-%20BZ%20Fintech%20Daily%20Beat&amp;utm_source=hs_email&amp;utm_medium=email&amp;_hsenc=p2ANqtz-9k2zQh5tk2H1dTQGhWykydYHb4LeQwNF2WbN1wXmKrXmSShigIq29eFwNnGuUUL3wj82RI">strikes</a> AIOZ distribution deal.</li>
<li>Voyager <a href="https://www.prnewswire.com/news-releases/voyager-digital-sponsors-first-nascar-driver-and-race-car-paid-fully-in-crypto-301314902.html?utm_campaign=Fintech%20-%20BZ%20Fintech%20Daily%20Beat&amp;utm_source=hs_email&amp;utm_medium=email&amp;_hsenc=p2ANqtz-9k2zQh5tk2H1dTQGhWykydYHb4LeQwNF2WbN1wXmKrXmSShigIq29eFwNnGuUUL3wj82RI">sponsored</a> a Nascar Driver.</li>
<li>Clearlake has <a href="https://www.prnewswire.com/news-releases/clearlake-capital-to-acquire-confluence-from-ta-associates-301314602.html?utm_campaign=Fintech%20-%20BZ%20Fintech%20Daily%20Beat&amp;utm_source=hs_email&amp;utm_medium=email&amp;_hsenc=p2ANqtz-9k2zQh5tk2H1dTQGhWykydYHb4LeQwNF2WbN1wXmKrXmSShigIq29eFwNnGuUUL3wj82RI">acquired</a> Confluence.</li>
</ul>
Watch Out For This: President Joe Biden signed a law making Juneteenth a federal holiday commemorating the end of slavery in the United States as the nation continues enacting change amid a racial reckoning.
Source: <a href="https://www.aljazeera.com/news/2021/6/17/biden-signs-bill-making-juneteenth-a-us-holiday?utm_campaign=Fintech%20-%20BZ%20Fintech%20Daily%20Beat&amp;utm_source=hs_email&amp;utm_medium=email&amp;_hsenc=p2ANqtz-9k2zQh5tk2H1dTQGhWykydYHb4LeQwNF2WbN1wXmKrXmSShigIq29eFwNnGuUUL3wj82RI">Al Jazeera</a>
<img src="https://cdn2.hubspot.net/hub/2786381/hubfs/giphy%20(1)-Jun-17-2021-11-13-09-17-PM.gif?upscale=true&amp;width=800&amp;upscale=true&amp;name=giphy%20(1)-Jun-17-2021-11-13-09-17-PM.gif" />
Interesting Reads:
<ul>
<li>Visa business <a href="https://usa.visa.com/dam/VCOM/blogs/visa-back-to-business-study-jan21.pdf?utm_campaign=Fintech%20-%20BZ%20Fintech%20Daily%20Beat&amp;utm_source=hs_email&amp;utm_medium=email&amp;_hsenc=p2ANqtz-9k2zQh5tk2H1dTQGhWykydYHb4LeQwNF2WbN1wXmKrXmSShigIq29eFwNnGuUUL3wj82RI">study</a>, 2021 outlooks.</li>
<li>Oil prices <a href="https://www.reuters.com/business/energy/climbing-oil-prices-signal-need-more-output-kemp-2021-06-16/?utm_campaign=Fintech%20-%20BZ%20Fintech%20Daily%20Beat&amp;utm_source=hs_email&amp;utm_medium=email&amp;_hsenc=p2ANqtz-9k2zQh5tk2H1dTQGhWykydYHb4LeQwNF2WbN1wXmKrXmSShigIq29eFwNnGuUUL3wj82RI">signal</a> the need for output.</li>
<li>Southwest <a href="https://www.reuters.com/business/aerospace-defense/southwest-airlines-temporarily-halted-flights-over-computer-issue-2021-06-15/?utm_source=Sailthru&amp;utm_medium=email&amp;utm_campaign=Issue%3A%202021-06-17%20CIO%20Dive%20%5Bissue%3A34908%5D&amp;utm_term=CIO%20Dive&amp;_hsenc=p2ANqtz-9k2zQh5tk2H1dTQGhWykydYHb4LeQwNF2WbN1wXmKrXmSShigIq29eFwNnGuUUL3wj82RI">canceled</a> flights on glitch.</li>
<li>Should we <a href="https://www.theatlantic.com/family/archive/2021/06/four-day-workweek/619222/?utm_campaign=Fintech%20-%20BZ%20Fintech%20Daily%20Beat&amp;utm_source=hs_email&amp;utm_medium=email&amp;_hsenc=p2ANqtz-9k2zQh5tk2H1dTQGhWykydYHb4LeQwNF2WbN1wXmKrXmSShigIq29eFwNnGuUUL3wj82RI">kill</a> the 5-day workweeks?</li>
<li><a href="https://www.theblockcrypto.com/post/108770/how-to-run-a-bitcoin-lightning-node-on-a-raspberry-pi-and-connect-it-to-your-phone?utm_campaign=Fintech%20-%20BZ%20Fintech%20Daily%20Beat&amp;utm_source=hs_email&amp;utm_medium=email&amp;_hsenc=p2ANqtz-9k2zQh5tk2H1dTQGhWykydYHb4LeQwNF2WbN1wXmKrXmSShigIq29eFwNnGuUUL3wj82RI">Running</a> BTC node on Raspberry Pi.</li>
<li>Spotify has <a href="https://techcrunch.com/2021/06/17/spotify-acquires-podz-a-podcast-discovery-app/?utm_campaign=Fintech%20-%20BZ%20Fintech%20Daily%20Beat&amp;utm_source=hs_email&amp;utm_medium=email&amp;_hsenc=p2ANqtz-9k2zQh5tk2H1dTQGhWykydYHb4LeQwNF2WbN1wXmKrXmSShigIq29eFwNnGuUUL3wj82RI">bought</a> podcast platform.</li>
</ul>
Market Moving Headline: A faster-than-expected global economic recovery is boosting prices as supply chains have struggled to keep up with rapidly expanding consumer durables demand and world merchandise trade. However, slower growth, supply adjustments in bottleneck sectors, a switch back towards services consumption, and fading impacts from US fiscal stimulus should see the rate of inflation decline in 2022.
Source: <a href="https://www.fitchratings.com/research/sovereigns/faster-world-recovery-boosting-prices-runaway-inflation-unlikely-15-06-2021?utm_campaign=Fintech%20-%20BZ%20Fintech%20Daily%20Beat&amp;utm_source=hs_email&amp;utm_medium=email&amp;_hsenc=p2ANqtz-9k2zQh5tk2H1dTQGhWykydYHb4LeQwNF2WbN1wXmKrXmSShigIq29eFwNnGuUUL3wj82RI">Fitch</a>
<img src="https://cdn2.hubspot.net/hub/2786381/hubfs/giphy%20(2)-Jun-17-2021-11-13-14-54-PM.gif?upscale=true&amp;width=800&amp;upscale=true&amp;name=giphy%20(2)-Jun-17-2021-11-13-14-54-PM.gif" />

Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies.

Cryptocurrency

Fintech news covering the emerging Financial Technology services sector

Fintech

Markets

Fintech Focus For June 18, 2021

News

CDC Says June 18 COVID-19 Meeting Is Rescheduled Due To Juneteenth National Holiday; Says Meeting To Further Evaluate Evidence And Assess Risk Of Myocarditis Following MRNA Vaccination For COVID-19 Has Been Rescheduled

All figures presented herein are in Canadian dollars.
The Company&#39;s financial results for the fiscal year ended March 27, 2021 were significantly impacted by the COVID-19 pandemic, most notably by the temporary closure of certain of the Company&#39;s stores at intermittent periods during fiscal 2021 as a consequence of the restrictions imposed by provincial governmental authorities.
During the fiscal year ended March 27, 2021, or fiscal 2021, the Company achieved net sales of&nbsp;$143.1 million, a decrease of&nbsp;$26.3 million, or&nbsp;15.5%, from the fiscal year ended March 28, 2020, or fiscal 2020, yielding gross profit of&nbsp;$56.4 million, a decrease of&nbsp;$8.1 million, or&nbsp;12.6%, compared to fiscal 2020, as a direct result of the negative impacts of COVID-19.
Gross profit as a percentage of sales was&nbsp;39.4%, an increase of 130 basis points from the gross profit as a percentage of sales of&nbsp;38.1%&nbsp;in fiscal 2020. Despite the decline in sales and gross profit volumes, the Company was able, through its proactive management of the impact of the pandemic, to control costs. Total operating expenses were&nbsp;$59.2 million&nbsp;in the fiscal year ended March 27, 2021, representing a decrease of&nbsp;$11.8 million, or&nbsp;16.6%, as compared to fiscal 2020. The Company&#39;s fiscal 2021 EBITDA(1)&nbsp;was&nbsp;$2.6 million, an increase of&nbsp;$4.3 million&nbsp;compared to EBITDA(1)&nbsp;of negative&nbsp;$1.7 million&nbsp;for fiscal 2020.
As of June 17, 2021, 20 of the Company&#39;s 29 stores are open, albeit at reduced operating hours. The remaining nine stores, all located in Ontario, are expected to remain closed for in-person shopping in accordance with the Ontario government&#39;s orders until at least July 6, 2021.
Mr. Jean-Christophe B&eacute;dos, President and Chief Executive Officer of Birks Group, commented: &quot;I am very proud of how we have navigated through the challenges brought about by COVID-19 during the past fiscal year and I believe that our results reflect the agility, hard work and adaptability of our employees as we ended the year stronger than we started. In response to the pandemic, our teams reacted very quickly to ensure that we continuously met the evolving needs of our customers throughout these unprecedented times, including the improvement of our omni-channel offering which was reflected in the&nbsp;201%&nbsp;increase in our e-commerce sales during fiscal 2021.&quot;
Mr. B&eacute;dos further commented: &quot;Thanks to our disciplined approach at managing liquidity, our focus on cost containment and our emphasis on generating revenues from our retail network while open under strict health and safety protocols, our concierge service, and our e-commerce business, as well as the continued support from our key stakeholders and partners, we have been able to achieve improved results in fiscal 2021 as compared to last year. Looking forward, I believe that the actions we have taken since the start of the pandemic and our lessons learned have placed the Company in a stronger position in terms of customer focus and dedication, innovation, and productivity which we can leverage to fuel long-term growth.&quot;

Earnings

Birks Group FY21 Sales C$143.1M

Bitcoin (CRYPTO: BTC) still holds its No. 1 spot as the highest market cap cryptocurrency. Below Bitcoin sits Ethereum (CRYPTO: ETH) as&nbsp;the second-highest market cap in the crypto market.
Bitcoin looks to be nearing key levels and the coming weeks could be an important time when Bitcoin could see a major move in either direction depending on where it starts trending.
Bitcoin was down 2.11% at $37,656.10 at last check Thursday afternoon.
See Also: <a href="https://www.benzinga.com/money/how-to-buy-bitcoin/">How To Buy Bitcoin</a>
<img alt="btcdaily6-17-21.png" src="https://www.benzinga.com/files/u285825/btcdaily6-17-21.png" style="height:400px; width:640px" />
<h3>Bitcoin Daily Chart Analysis:</h3>
<ul>
<li>Bitcoin is trading in a channel between two&nbsp;previous key support and resistance levels, and longer-term is potentially forming into a head and shoulders pattern.</li>
<li>The crypto is trading below both the 50-day moving average (green)&nbsp;and the 200-day moving average (blue), indicating the sentiment in the crypto is likely bearish.</li>
<li>Each of these moving averages may hold as an area of resistance in the future.</li>
</ul>
<h3>Key Levels To Watch:</h3>
<ul>
<li>Bitcoin is trading in a channel between the price levels of $30,000 and $40,000 and a break of one of these levels could push the crypto further in the direction of the break.</li>
<li>The $40,000 level has previously held as resistance in the past multiple times, while the $30,000 level has held as support multiple times in the past, these levels may also hold in the future.</li>
<li>Bitcoin also looks to be forming into a head and shoulders pattern (orange), this pattern is a bearish reversal pattern and Bitcoin may see a strong downward push if this pattern is able to complete.</li>
</ul>
<h3>What&rsquo;s Next?</h3>
Bullish technical traders would like to&nbsp;see&nbsp;higher lows and break over the $40,000 resistance. A break above resistance with a period of consolidation above the level may hint Bitcoin might be ready for another leg upwards.
Bearish technical traders would like to see Bitcoin fall below the $30,000 level. If Bitcoin is able to hold the $30,000 level as resistance after it falls below the level, it may be ready to see another push down. Bears would also like to see the crypto form into the head and shoulders pattern and see a strong downwards reversal happen.
(Photo: <a href="https://unsplash.com/@silverhousehd">Andr&eacute; Fran&ccedil;ois McKenzie</a>&nbsp;via <a href="https://unsplash.com/">Unsplash</a>)

Long Ideas

Short Ideas

Technicals

Trading Ideas

$BTC

$ETH

The Coming Weeks Could Be Crunch Time For Bitcoin

Luby&#39;s, Inc. (&quot;Luby&#39;s&quot; or the &quot;Company&quot;) (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LUB#NYSE">LUB</a>), today announced the Company has entered into an agreement to sell the Fuddruckers franchise business operations to a newly formed affiliate of&nbsp;Nicholas Perkins. The Company had previously sold/franchised a number of Company owned Fuddruckers restaurants to a Perkins affiliate, making him one of the largest Fuddruckers franchisees.&nbsp;
The purchase by the Perkins affiliate, Black Titan Franchise Systems LLC, encompasses the master ownership of the Fuddruckers brand worldwidei. The Fuddruckers brand currently has 92 locations operating in&nbsp;the United States, including 13 locations operated by affiliates of Mr. Perkinsii. It is currently anticipated the Fuddruckers franchise brand sale transaction could provide Luby&#39;s, Inc. with approximately&nbsp;$18.5 million&nbsp;of value (most of which will be derived from the purchaser&#39;s issuance of a note to Luby&#39;s and assumption of certain liabilities). There can be no assurance that the Company will realize or receive the full value of such consideration. The Company does not currently plan to adjust the estimated liquidation value of the Company as a result of this transaction. This amount is in addition to the value the Company will realize from the sale of Company owned real estate at a number of Fuddruckers Company owned stores.
&quot;We&#39;re excited to be purchasing Fuddruckers and look forward to working with Fuddruckers&#39; many dedicated, highly capable franchisees to further build this brand,&quot; said Mr. Perkins, CEO of Black Titan Franchise Systems. &quot;As a Fuddruckers franchisee, I have a vested interest in ensuring that all Fuddruckers franchisees have the resources, infrastructure, and operational and marketing support they need to maximize their return on investment. This strategic alignment, when combined with the fact that we sell the &#39;World&#39;s Greatest Hamburgers&#39;&trade;, will ensure the long-term success of the brand and our franchisees.&quot;
The sale of the Fuddruckers franchise operations is another step in the execution of the previously announced plan of Luby&#39;s to sell its assets, pay its liabilities, and return the remaining cash to shareholders under a formal plan of liquidation and dissolution approved by its shareholders on&nbsp;November 17, 2020. The Company and its financial advisor ran a robust sales process for the Fuddruckers franchise business, contacting over 150 entities before accepting the best offer, which came from the Perkins group. The Special Committee of the Board of the Company is being advised by Gibson, Dunn &amp; Crutcher LLP on legal matters and Brookwood Associates on financial matters. The Company is also being advised by Sidley Austin LLP on legal transaction matters. The purchaser is being advised by Gebhardt &amp; Smith LLP on legal matters and Intyllus Advisors LLC on financial matters.
The agreement between Luby&#39;s and the purchaser is subject to normal and customary conditions for transactions of this nature. The transaction is not subject to a financing contingency. The parties currently anticipate the transaction will close within the next ninety days.

Asset Sales

Luby's, Inc. Signs Agreement To Sell Fuddruckers Franchise Business To Affiliate Of Nicholas Perkins; Sale Could Be Worth ~$18.5M

<a href="https://electrek.co/2021/06/17/tesla-yoke-steering-wheel-elon-musk-says-progressive-steering-years-away/" target="_blank">https://electrek.co/2021/06/17/tesla-yoke-steering-wheel-elon-musk-says-progressive-steering-years-away/</a>

TSLA

'Tesla is sticking with yoke steering wheel; Elon Musk says progressive steering is still years away' -Electrek Report

Legal

U.S. Auto Safety Agency Says It Has Opened 30 Investigations Into Tesla Crashes Since 2016 Involving 10 Reported Deaths; NHTSA Released Spreadsheet Of Crashes Where Driver Assistance Systems Were Suspect To Be In Use

<h1>Granite Awarded $44 Million Corridor Improvement Project in Reno</h1>
Granite (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GVA#NYSE">GVA</a>) announced that it has been awarded the contract for the Oddie Boulevard/Wells Avenue Corridor Project by the Regional Transportation Commission of Washoe County (RTC) in Reno, Nevada. The project will introduce multi-modal transportation to a 3.2-mile-long corridor from Reno to Sparks. This award is one of several large projects in the Reno area in recent years, and further strengthens Granite&#39;s working relationship with the RTC. The approximately&nbsp;$44 million&nbsp;project is anticipated to be included in Granite&#39;s&nbsp;second quarter&nbsp;backlog.
The scope of work for the projectconsists of roadway reconfiguration along the corridor, as well as upgrading of utilities and traffic signals, and improved bicycle facilities, sidewalks, and pedestrian access. This materials-intensive venture will provide the Nevada region with an anchor project spanning multiple seasons. Granite&#39;s Lockwood Facility will provide approximately 56,000 tons of asphalt and an additional 42,200 tons of aggregates.
&quot;This project fits our core capabilities in the Nevada Region and leverages Granite&#39;s unique competencies to create an upgraded and modern piece of infrastructure that will serve the region for years,&quot; said Taylor Polan, area manager. &quot;It supports economic investment and redevelopment in the community while enhancing the quality of life for area residents by improving accessibility, safety, and visual character.&quot;
The project is expected to begin in the&nbsp;third quarter&nbsp;of 2021 and be anticipated to be complete by the&nbsp;second quarter&nbsp;of 2023.
About Granite
Granite is America&#39;s Infrastructure Company&trade;. Incorporated since 1922, Granite (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GVA#NYSE">GVA</a>) is one of the largest diversified construction and construction materials companies in the United States as well as a full-suite provider in the transportation, water infrastructure, and mineral exploration markets. Granite&#39;s Code of Conduct and strong Core Values guide the company and its employees to uphold the highest ethical standards. Granite is an industry leader in safety and an award-winning firm in quality and sustainability. For more information, visit&nbsp;<a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.graniteconstruction.com&amp;esheet=52446706&amp;newsitemid=20210617005157&amp;lan=en-US&amp;anchor=graniteconstruction.com&amp;index=1&amp;md5=47eeaf7ffc8e21aaa8c5bbb19617f1e5">graniteconstruction.com</a>, and connect with Granite on&nbsp;<a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fgranite-construction&amp;esheet=52446706&amp;newsitemid=20210617005157&amp;lan=en-US&amp;anchor=LinkedIn&amp;index=2&amp;md5=642680cf5bb5fb435acd757985707ece">LinkedIn</a>,&nbsp;<a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Ftwitter.com%2Fgranite&amp;esheet=52446706&amp;newsitemid=20210617005157&amp;lan=en-US&amp;anchor=Twitter&amp;index=3&amp;md5=3f66b1eea1b55a844faaf9af180dc4e7">Twitter</a>,&nbsp;<a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.facebook.com%2Fgraniteconstruction&amp;esheet=52446706&amp;newsitemid=20210617005157&amp;lan=en-US&amp;anchor=Facebook&amp;index=4&amp;md5=de4c630304550b9769a86a45dbc740b4">Facebook</a>, and&nbsp;<a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.instagram.com%2Fgraniteconstruction%2F&amp;esheet=52446706&amp;newsitemid=20210617005157&amp;lan=en-US&amp;anchor=Instagram&amp;index=5&amp;md5=b6fb0862805e66c42798ebfea50b64ff">Instagram</a>.
<img alt="" src="https://cts.businesswire.com/ct/CT?id=bwnews&amp;sty=20210617005157r1&amp;sid=benz2&amp;distro=nx&amp;lang=en" />
View source version on businesswire.com:&nbsp;<a href="https://www.businesswire.com/news/home/20210617005157/en/">https://www.businesswire.com/news/home/20210617005157/en/</a>

Contracts

Granite Awarded $44M Corridor Improvement Project In Reno

<a href="https://www.yourcentralvalley.com/news/california/california-drops-workplace-mask-rule-for-vaccinated-workers/" title="https://www.yourcentralvalley.com/news/california/california-drops-workplace-mask-rule-for-vaccinated-workers/">https://www.yourcentralvalley.com/news/california/california-drops-workplace-mask-rule-for-vaccinated-workers/</a>

Politics

General

'California drops workplace mask rule for vaccinated workers' -YourCentralValley Report

President Joe Biden has signed into law a bill that recognizes Juneteenth as the nation&#39;s newest federal holiday.
What Happened: The bill, which officially designates June 19 as &ldquo;Juneteenth National Independence Day,&rdquo; was introduced in the U.S. Senate by John Cornyn (R-TX) and Edward Markey (D-MA) and in the House of Representatives by Sheila Jackson Lee (D-TX). The Senate passed the legislation unanimously on Tuesday and by a 415-14 vote in the House on Wednesday.
Juneteenth becomes the 11th federal holiday* and the first new federal holiday since the 1983 recognition of Martin Luther King Jr. Day.
Why It Happened: Juneteenth is an observance of the events of June 19, 1865, in Galveston, Texas, when the last Black slaves of the Confederacy were ordered freed following the arrival of Union troops. Galveston was the last corner of the defeated Confederacy to be secured, two months after the Civil War was over.
For many years, Juneteenth celebrations were unique to Texas. More recently, the holiday was observed throughout the country, and the call for making it a federal holiday was amplified following the unrest from last summer that stemmed from the death of George Floyd in Minneapolis police custody.
See Also: <a href="https://www.youtube.com/watch?v=yXNE-aeSX8w">Aftermarket Therapy /w Stockmom #7 ft. Najah Roberts: Black Bitcoin Millionaires </a>
Some Lingering Questions: Although Juneteenth is highlighted as celebrating the end of slavery in the U.S., slavery was still legal until the ratification of the 13th Amendment to the U.S. Constitution on Dec.&nbsp;18, 1865.
President Lincoln&rsquo;s Emancipation Proclamation freeing enslaved people only applied to the states that seceded to form the Confederacy; the president lacked the authority to ban slavery by executive order within the Union states. Slavery persisted in Delaware and Kentucky until the 13th Amendment became the law.
While federal workers will now have another paid holiday, it&#39;s not certain how privately owned companies will react to the addition of Juneteenth to the holiday line-up. According to a recent Mercer LLC survey, some federal holidays are routinely ignored in the private sector: 55% of private sector employers give Martin Luther King Jr. Day off as a paid holiday, while roughly one-third of companies give their employees paid time off for Presidents Day and 13% offer that benefit for Veterans Day.
It&#39;s also unclear whether the NYSE and NASDAQ will close for Juneteenth if June 19 falls on a weekday. The markets are not closed for two federal holidays, Columbus Day and Veterans Day, and it took 15 years and a lobbying effort by Rev. Jesse Jackson before the markets agreed to close for Martin Luther King Jr. Day.
The only day that the stock markets close outside of the federal holidays is Good Friday, which is considered by many as the holiest day in the Christian calendar.
The following Federal holidays are established by law:
<ul>
<li>New Year&#39;s Day (Jan.&nbsp;1)</li>
<li>Birthday of Martin Luther King, Jr. (Third Monday in January)</li>
<li>Washington&#39;s Birthday (Third Monday in February)</li>
<li>Memorial Day (Last Monday in May)</li>
<li>Juneteenth National Independence Day (June 19)</li>
<li>Independence Day (July 4)</li>
<li>Labor Day (First Monday in September)</li>
<li>Columbus Day (Second Monday in October)</li>
<li>Veterans Day (Nov.&nbsp;11)</li>
<li>Thanksgiving Day (Fourth Thursday in November)</li>
<li>Christmas Day (Dec.&nbsp;25).</li>
</ul>
*Inauguration Day is a paid federal holiday every four years, celebrated on Jan. 20 or Jan 21.
(Photograph of formerly enslaved people circa 1866&nbsp;courtesy of the Boone Hall Plantation.)

Government

Regulations

Education

What Is Juneteenth And How Did It Become The 11th US Federal Holiday?

REITs have gained popularity over the past year, as other income investments haven&rsquo;t been producing due to the historically <a href="https://www.benzinga.com/news/21/06/21593776/fed-maintains-interest-rates-continues-asset-purchases-forecasts-2023-rate-hike">low interest rates.</a>
While this has caused REIT prices to climb and their yields to fall, there are still opportunities to pick up some high dividend <a href="https://www.benzinga.com/money/how-to-invest-reits/">REITs</a> with room for price growth.
<h2>MGM Growth Properties (NYSE: <a href="https://www.benzinga.com/stock/mgp#NYSE">MGP</a>)</h2>
MGM Growth Properties is a hospitality REIT that owns casino properties throughout the United States. The company&#39;s&nbsp;triple-net master lease structure left it virtually unfazed throughout 2020, even with markets like Las Vegas being shut down.
The company has grown its portfolio consistently, with over $1 billion in acquisitions each year since its IPO in 2016. Dividends have also been increased in 12 of the 20 dividends paid to date, with the current yield&nbsp;at 5.38%.
With the upcoming <a href="https://www.benzinga.com/analyst-ratings/analyst-color/21/05/21086287/mgm-analyst-says-400m-springfield-asset-sale-further-strengthens-balance-sheet">acquisition of MGM Springfield</a> expected to have an immediate impact on the REIT&rsquo;s FFO, another dividend increase in 2021 wouldn&rsquo;t be surprising.
<h2>Medical Properties Trust (NYSE: <a href="https://www.benzinga.com/stock/mpw#NYSE">MPW</a>)</h2>
Medical Properties Trust is a health care REIT that invests in net-leased hospital properties. The company already increased its dividend in the first quarter of 2021, but I&rsquo;m expecting to see a further increase by the end of the year.
The company&rsquo;s revenue grew almost 32% from the first quarter of&nbsp;2020 to the first quarter of 2021 as a result of the $3.4 billion in acquisitions during 2020.
The REIT has already completed over $1 billion in acquisitions this year and announced on June 15 its acquisition of 18 inpatient behavioral health hospitals for $950 million.
Adding these new properties to the portfolio should result in a boost to the company&rsquo;s FFO. Since the 5.27% dividend yield is already well covered at an FFO payout ratio of 64%, the company is likely to either increase dividends or use the extra cash to grow even further. Either scenario is great for investors.
<h2>Iron Mountain (NYSE: <a href="https://www.benzinga.com/stock/irm#NYSE">IRM</a>)</h2>
Iron Mountain offers an attractive dividend yield with a lot of upside potential over the next few years. This specialty REIT has been in the secure storage business for decades, and while that core business remains strong, it&#39;s quickly gaining market share in the data center space. Since the company&rsquo;s customer base already includes 95% of the Fortune 1000 companies, it&#39;s&nbsp;in a great position to continue capturing more of that market.
Iron Mountain&rsquo;s stock price is already up over 56% in the past six months, which has caused many shareholders to sell as the stock passed its price target. However, I believe there&rsquo;s still a lot of upside left for this REIT in the long term and a 5.4% dividend yield is enough to keep my eyes off the stock price in the meantime.
<h2>Focus On The Income</h2>
Investing in REITs with a growing dividend can result in significant yields in the long run regardless of what happens with the price. As long as the company&rsquo;s fundamentals remain intact, you can watch your passive income stream continue to grow over time.
Want to learn more about investing in REITs? See <a href="https://www.benzinga.com/money/how-to-invest-reits/">How to Invest in REITs</a>.

REIT

Dividends

Real Estate

3 REITs To Watch With Dividends Above 5%

Offerings

VERI

Veritone Files For Mixed Shelf Of Up To $300M

<a href="https://twitter.com/Conflicts/status/1405636140082794497" target="_blank">https://twitter.com/Conflicts/status/1405636140082794497</a>

iShares MSCI Israel Capped Investable Market Index Fund

'BREAKING: Rocket sirens sounding in Gaza/Israel border region.' -Conflict News Report

When&nbsp;Tesla Inc&nbsp;(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/tsla#NASDAQ">TSLA</a>) unveiled the refreshed Model S in January, it offered three&nbsp;trims:&nbsp;Long Range, Plaid, and Plaid+. The LR and Plaid were supposed to come out in February, but were delayed with initial Plaid deliveries not happening until June.&nbsp;
Shortly before the <a href="https://www.benzinga.com/news/21/06/21523547/tesla-model-s-plaid-event-live-blog">Plaid delivery event</a>, Tesla <a href="https://www.benzinga.com/news/21/06/21444537/tesla-officially-cancels-the-model-s-plaid">canceled the production</a> and orders of its Plaid+ variant, which was supposed to go over 500 miles on a single charge. It left those with orders waiting for the Plaid+ in a bit of a limbo.
Shortly after canceling the Plaid+, Tesla <a href="https://www.benzinga.com/news/21/06/21504573/tesla-hikes-model-s-plaid-price-by-10-000-as-it-cancels-the-premium-version">increased the price</a>&nbsp;by $10,000.
The biggest problem was&nbsp;not everyone&nbsp;with a Plaid+ order had yet changed their order to the normal Plaid, if they wanted to switch to that trim.
So some <a href="https://twitter.com/hsumacher/status/1405372698243440644">customers were angry</a>&nbsp;they did not get a chance to switch their order and were being asked to pay $10,000 more than if they had switched their order a day earlier.
<blockquote class="twitter-tweet">Fair enough
&mdash; Elon Musk, the 2nd (@elonmusk) <a href="https://twitter.com/elonmusk/status/1405587112724815875?ref_src=twsrc%5Etfw">June 17, 2021</a></blockquote>
&nbsp;
Now CEO Elon Musk is on Twitter fixing that issue. In a request to allow Plaid+ order holders to pay the original Plaid price, Musk responded &quot;Fair enough.&quot;
It&#39;s another example of Musk being the public relations&nbsp;department of Tesla, after the company <a href="https://electrek.co/2020/10/06/tesla-dissolves-pr-department/">eliminated their PR department</a>&nbsp;last year.&nbsp;
<a href="http://www.benzinga.com/electric-vehicles">Click here&nbsp;to check out Benzinga&rsquo;s EV Hub for the latest electric vehicle&nbsp;news.</a>
(Photo of Tesla Model S courtesy of Tesla.)

Tech

Elon Musk Says Tesla Will Honor Lower Plaid Model S Price After Canceling Plaid+

<h3>Gainers</h3>
<ul>
<li>United Insurance Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UIHC#NASDAQ">UIHC</a>) stock increased by 3.17% to $6.5 during Thursday's after-market session. United Insurance Holdings's trading volume hit 8.9K shares by close, accounting for 7.81% of its average volume over the last 100 days. The company's market cap stands at $280.9 million. </li>
<li>American Intl Gr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AIG#NYSE">AIG</a>) stock increased by 2.74% to $50.1. This security traded at a volume of 819.0K shares come close, making up 20.41% of its average volume over the last 100 days. The company's market cap stands at $42.9 billion. </li>
<li>ARMOUR Residential REIT (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARR#NYSE">ARR</a>) stock moved upwards by 2.38% to $11.58. Today's trading volume for this security ended up closing at 185.6K shares, which is 11.55 percent of its average volume over the last 100 days. The market value of their outstanding shares is at $825.0 million. </li>
<li>Qudian (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/QD#NYSE">QD</a>) stock rose 1.94% to $2.62. Today's trading volume for this security ended up closing at 25.2K shares, which is 0.61 percent of its average volume over the last 100 days. The market value of their outstanding shares is at $663.0 million. As per the news, the Q1 earnings report came out 2 days ago. </li>
<li>Northwest Bancshares (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NWBI#NASDAQ">NWBI</a>) shares rose 1.71% to $14.23. Trading volume for this security closed at 139.7K, accounting for 23.84% of its average full-day volume over the last 100 days. The market value of their outstanding shares is at $1.8 billion. </li>
<li>Lion Group Holding (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LGHL#NASDAQ">LGHL</a>) stock rose 1.39% to $2.18. At the close, Lion Group Holding's trading volume reached 1.2K shares. This is 0.03% of its average volume over the last 100 days. The market value of their outstanding shares is at $80.7 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Ares Commercial Real (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ACRE#NYSE">ACRE</a>) stock decreased by 4.85% to $15.5 during Thursday's after-market session. Today's trading volume for this security ended up closing at 28.0K shares, which is 5.03 percent of its average volume over the last 100 days. The company's market cap stands at $627.7 million. </li>
<li>Broadway Financial (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BYFC#NASDAQ">BYFC</a>) shares decreased by 3.0% to $2.92. Trading volume for this security closed at 114.4K, accounting for 11.08% of its average full-day volume over the last 100 days. The company's market cap stands at $209.4 million. </li>
<li>Senmiao Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AIHS#NASDAQ">AIHS</a>) stock fell 1.91% to $0.98. This security traded at a volume of 16.3K shares come close, making up 1.38% of its average volume over the last 100 days. The market value of their outstanding shares is at $54.3 million. </li>
<li>Oxbridge Re Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OXBR#NASDAQ">OXBR</a>) shares declined by 1.48% to $3.34. At the close, Oxbridge Re Holdings's trading volume reached 140.3K shares. This is 16.09% of its average volume over the last 100 days. The market value of their outstanding shares is at $19.1 million. </li>
<li>AGM Gr Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AGMH#NASDAQ">AGMH</a>) shares fell 1.48% to $12.71. AGM Gr Hldgs's trading volume hit 3.3K shares by close, accounting for 90.69% of its average volume over the last 100 days. The market value of their outstanding shares is at $361.6 million. </li>
</ul>

Movers

ACRE

AGMH

AIHS

BYFC

LGHL

NWBI

OXBR

UIHC

11 Financials Stocks Moving In Thursday's After-Market Session

<h3>Gainers</h3>
<ul>
<li>Smith &amp; Wesson Brands (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SWBI#NASDAQ">SWBI</a>) stock increased by 3.61% to $20.64 during Thursday's after-market session. Smith &amp; Wesson Brands's trading volume hit 434.5K shares by close, accounting for 29.13% of its average volume over the last 100 days. The company's market cap stands at $1.0 billion. As per the press release, Q4 earnings came out today. </li>
<li>Dave &amp; Buster's Enter (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLAY#NASDAQ">PLAY</a>) shares rose 1.99% to $40.85. At the close, Dave &amp; Buster's Enter's trading volume reached 111.0K shares. This is 7.59% of its average volume over the last 100 days. The market value of their outstanding shares is at $1.9 billion. </li>
<li>Yunhong CTI (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CTIB#NASDAQ">CTIB</a>) stock increased by 1.93% to $2.11. Yunhong CTI's trading volume hit 205 shares by close, accounting for 0.08% of its average volume over the last 100 days. The market value of their outstanding shares is at $9.4 million. </li>
<li>Vinco Ventures (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BBIG#NASDAQ">BBIG</a>) shares moved upwards by 1.79% to $3.97. Vinco Ventures's trading volume hit 35.3K shares by close, accounting for 0.34% of its average volume over the last 100 days. The market value of their outstanding shares is at $165.8 million. </li>
<li>Iconix Brand Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ICON#NASDAQ">ICON</a>) shares rose 1.59% to $3.19. This security traded at a volume of 2.5K shares come close, making up 1.1% of its average volume over the last 100 days. The market value of their outstanding shares is at $46.1 million. </li>
<li>Puxin (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NEW#NYSE">NEW</a>) shares rose 1.45% to $1.74. This security traded at a volume of 18.1K shares come close, making up 2.25% of its average volume over the last 100 days. The market value of their outstanding shares is at $152.1 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Moxian (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MOXC#NASDAQ">MOXC</a>) stock decreased by 5.86% to $11.1 during Thursday's after-market session. Trading volume for this security closed at 3.0K, accounting for 0.11% of its average full-day volume over the last 100 days. The market value of their outstanding shares is at $214.6 million. </li>
<li>Trxade Health (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MEDS#NASDAQ">MEDS</a>) stock declined by 4.61% to $4.35. Today's trading volume for this security ended up closing at 320 shares, which is 0.01 percent of its average volume over the last 100 days. The company's market cap stands at $35.3 million. </li>
<li>Amesite (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMST#NASDAQ">AMST</a>) shares decreased by 4.32% to $2.66. At the close, Amesite's trading volume reached 5.6K shares. This is 0.42% of its average volume over the last 100 days. The market value of their outstanding shares is at $54.7 million. </li>
<li>Comstock Holding Co (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CHCI#NASDAQ">CHCI</a>) stock declined by 2.47% to $5.55. At the close, Comstock Holding Co's trading volume reached 300 shares. This is 0.07% of its average volume over the last 100 days. The company's market cap stands at $46.1 million. </li>
<li>Forward Industries (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FORD#NASDAQ">FORD</a>) shares fell 1.56% to $3.16. Forward Industries's trading volume hit 2.2K shares by close, accounting for 0.52% of its average volume over the last 100 days. The market value of their outstanding shares is at $31.4 million. </li>
<li>Koss (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KOSS#NASDAQ">KOSS</a>) stock fell 1.47% to $23.55. Trading volume for this security closed at 2.0K, accounting for 0.08% of its average full-day volume over the last 100 days. The company's market cap stands at $200.5 million. </li>
</ul>

AMST

BBIG

CHCI

CTIB

FORD

ICON

KOSS

MEDS

MOXC

PLAY

SWBI

12 Consumer Discretionary Stocks Moving In Thursday's After-Market Session

<h3>Gainers</h3>
<ul>
<li>Midatech Pharma (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MTP#NASDAQ">MTP</a>) shares moved upwards by 6.44% to $3.14 during Thursday's after-market session. Today's trading volume for this security ended up closing at 1.3 million shares, which is 578.11 percent of its average volume over the last 100 days. The market value of their outstanding shares is at $39.8 million. </li>
<li>Diffusion Pharmaceuticals (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DFFN#NASDAQ">DFFN</a>) stock rose 3.19% to $0.77. Diffusion Pharmaceuticals's trading volume hit 1.8K shares by close, accounting for 0.11% of its average volume over the last 100 days. The market value of their outstanding shares is at $77.9 million. </li>
<li>Fortress Biotech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FBIO#NASDAQ">FBIO</a>) stock moved upwards by 2.77% to $3.7. Trading volume for this security closed at 9.8K, accounting for 0.57% of its average full-day volume over the last 100 days. The company's market cap stands at $360.0 million. </li>
<li>Protagenic Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PTIX#NASDAQ">PTIX</a>) stock rose 2.67% to $3.46. Today's trading volume for this security ended up closing at 1.2 million shares, which is 17.35 percent of its average volume over the last 100 days. The company's market cap stands at $50.6 million. </li>
<li>PhaseBio Pharmaceuticals (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PHAS#NASDAQ">PHAS</a>) stock increased by 2.26% to $4.07. Today's trading volume for this security ended up closing at 27.2K shares, which is 4.47 percent of its average volume over the last 100 days. The market value of their outstanding shares is at $195.1 million. </li>
<li>Liquidia (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LQDA#NASDAQ">LQDA</a>) stock rose 2.23% to $2.74. At the close, Liquidia's trading volume reached 77.7K shares. This is 14.25% of its average volume over the last 100 days. The market value of their outstanding shares is at $142.4 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Petros Pharmaceuticals (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PTPI#NASDAQ">PTPI</a>) shares fell 9.0% to $3.34 during Thursday's after-market session. Trading volume for this security closed at 13.5K, accounting for 7.34% of its average full-day volume over the last 100 days. The company's market cap stands at $32.7 million. </li>
<li>F-star Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FSTX#NASDAQ">FSTX</a>) stock fell 5.02% to $8.52. This security traded at a volume of 900 shares come close, making up 0.42% of its average volume over the last 100 days. The company's market cap stands at $164.9 million. </li>
<li>Histogen (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HSTO#NASDAQ">HSTO</a>) shares fell 2.92% to $1.0. Trading volume for this security closed at 26.8K, accounting for 2.46% of its average full-day volume over the last 100 days. The company's market cap stands at $41.7 million. </li>
<li>Fusion Pharmaceuticals (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FUSN#NASDAQ">FUSN</a>) shares decreased by 2.9% to $8.04. At the close, Fusion Pharmaceuticals's trading volume reached 1.8K shares. This is 2.88% of its average volume over the last 100 days. The market value of their outstanding shares is at $341.3 million. </li>
<li>Adamis Pharmaceuticals (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADMP#NASDAQ">ADMP</a>) stock decreased by 2.72% to $1.07. This security traded at a volume of 141.5K shares come close, making up 1.83% of its average volume over the last 100 days. The market value of their outstanding shares is at $159.3 million. </li>
<li>Conformis (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CFMS#NASDAQ">CFMS</a>) shares declined by 2.24% to $1.31. Conformis's trading volume hit 6.4K shares by close, accounting for 0.27% of its average volume over the last 100 days. The company's market cap stands at $239.0 million. </li>
</ul>

ADMP

CFMS

DFFN

FBIO

FSTX

FUSN

HSTO

LQDA

PHAS

PTIX

PTPI

12 Health Care Stocks Moving In Thursday's After-Market Session

<h3>Gainers</h3>
<ul>
<li>SilverSun Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SSNT#NASDAQ">SSNT</a>) shares increased by 9.59% to $8.11 during Thursday's after-market session. This security traded at a volume of 76.5K shares come close, making up 24.37% of its average volume over the last 100 days. The company's market cap stands at $41.0 million. </li>
<li>UTime (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UTME#NASDAQ">UTME</a>) stock moved upwards by 6.12% to $17.16. UTime's trading volume hit 388.4K shares by close, accounting for 113.44% of its average volume over the last 100 days. </li>
<li>BIO-key Intl (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BKYI#NASDAQ">BKYI</a>) stock rose 3.52% to $4.11. At the close, BIO-key Intl's trading volume reached 15.6K shares. This is 6.01% of its average volume over the last 100 days. The company's market cap stands at $32.1 million. </li>
<li>Adobe (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADBE#NASDAQ">ADBE</a>) stock moved upwards by 2.47% to $565.0. At the close, Adobe's trading volume reached 933.8K shares. This is 40.77% of its average volume over the last 100 days. The market value of their outstanding shares is at $270.0 billion. The company's, Q2 earnings came out today. </li>
<li>Inpixon (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INPX#NASDAQ">INPX</a>) stock rose 1.73% to $1.17. Inpixon's trading volume hit 7.2K shares by close, accounting for 0.12% of its average volume over the last 100 days. The market value of their outstanding shares is at $130.7 million. </li>
<li>CPS Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CPSH#NASDAQ">CPSH</a>) stock increased by 1.63% to $8.1. This security traded at a volume of 425 shares come close, making up 0.05% of its average volume over the last 100 days. The company's market cap stands at $116.4 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Color Star Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSCW#NASDAQ">CSCW</a>) stock decreased by 3.54% to $1.09 during Thursday's after-market session. This security traded at a volume of 16.9K shares come close, making up 0.1% of its average volume over the last 100 days. The market value of their outstanding shares is at $98.4 million. </li>
<li>Ouster (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OUST#NYSE">OUST</a>) shares declined by 1.92% to $11.25. Trading volume for this security closed at 1.5 million, accounting for 87.65% of its average full-day volume over the last 100 days. </li>
<li>Vislink Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VISL#NASDAQ">VISL</a>) shares decreased by 1.05% to $2.85. Vislink Technologies's trading volume hit 7.5K shares by close, accounting for 0.16% of its average volume over the last 100 days. The company's market cap stands at $130.1 million. </li>
<li>Nano Dimension (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NNDM#NASDAQ">NNDM</a>) shares declined by 0.99% to $8.06. At the close, Nano Dimension's trading volume reached 43.8K shares. This is 0.25% of its average volume over the last 100 days. The company's market cap stands at $2.0 billion. </li>
<li>Canadian Solar (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSIQ#NASDAQ">CSIQ</a>) stock fell 0.89% to $39.08. Today's trading volume for this security ended up closing at 11.3K shares, which is 0.6 percent of its average volume over the last 100 days. The company's market cap stands at $2.3 billion. </li>
<li>GTT Communications (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GTT#NYSE">GTT</a>) stock fell 0.85% to $2.36. Today's trading volume for this security ended up closing at 41.5K shares, which is 0.81 percent of its average volume over the last 100 days. The market value of their outstanding shares is at $138.8 million. </li>
</ul>

ADBE

BKYI

CPSH

CSCW

CSIQ

INPX

NNDM

OUST

SSNT

UTME

VISL

12 Information Technology Stocks Moving In Thursday's After-Market Session

Brookfield Property Partners L.P. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BPY#NASDAQ">BPY</a>, TSX:<a class="ticker" href="https://www.benzinga.com/stock/BPY#TSX">BPY</a>) announced today the mailing of a management information circular (the &quot;Circular&quot;) and related meeting and proxy materials to unitholders in connection with the upcoming special meeting of unitholders. The meeting is called to consider Brookfield Asset Management Inc.&#39;s (&quot;BAM&quot;) acquisition of all of the limited partnership units of BPY (the &quot;transaction&quot;). In accordance with the terms of the interim order of the Ontario Superior Court of Justice (Commercial List) obtained on June 7, 2021, the special meeting will be held virtually on July 16, 2021 at 11:00 a.m. (Toronto time) via live audio webcast. BPY unitholders can access the meeting by visiting&nbsp;<a href="https://www.globenewswire.com/Tracker?data=YmYjMzwoC6pDgBcXGuyGutkf9kcHeOUo941pLbpsyPXsdEVjHZX0CXr2KSqjfxEoRp32_dDDQMOHcZ7KstesVhwoJDsCrNhqd3bwhYzHtc4KbDrD-kBEGgZP16KZUazbFnJwGxLXLklPMD9OC5gvXQ==" target="_blank">www.virtualshareholdermeeting.com/BPY2021</a>. Only BPY unitholders of record as of the close of business on June 8, 2021, the record date set for the meeting, will be entitled to vote their units at the meeting. Details on how to vote and how to participate at the meeting via the live webcast are contained in the Circular. 
&nbsp;
As previously announced, in connection with the transaction and subject to pro-ration, BPY unitholders had the ability to elect to receive, per BPY unit,&nbsp;$18.17&nbsp;in cash, 0.3979 of a BAM class A limited voting share (&quot;BAM shares&quot;), or 0.7268 of a BPY preferred unit with a liquidation preference of&nbsp;$25.00&nbsp;per unit.
On June 8, 2021, BAM announced that it has set June 18, 2021 as the record date for the previously announced special dividend of class A exchangeable limited voting shares of Brookfield Asset Management Reinsurance Partners Ltd. (&quot;Brookfield Reinsurance&quot;). On June 28, 2021, the holders of BAM shares of record as of June 18, 2021 will be entitled to receive one class A exchangeable limited voting share of Brookfield Reinsurance for every 145 BAM shares held.
Consequently, in accordance with the arrangement agreement signed in connection with the transaction and subject to pro-ration, BPY unitholders will now have the ability to elect to receive, per BPY unit,&nbsp;$18.17&nbsp;in cash, 0.4006 of a BAM share, or 0.7268 of a BPY preferred unit with a liquidation preference of&nbsp;$25.00&nbsp;per unit.
The distribution rate for the new BPY preferred units to be issued in the transaction will be&nbsp;6.25%&nbsp;per annum, or&nbsp;$0.390625&nbsp;per quarter. Distributions on the BPY preferred units are cumulative from the date of original issue &ndash; which will be the closing date of the transaction &ndash; and will be payable quarterly in arrears on the last day of March, June, September and December when, and if declared by the board of directors of the general partner of BPY. The new BPY preferred units will carry a 60-year maturity term from the date of original issue.
The election deadline by which registered unitholders are entitled to elect to receive their preferred form of consideration will be 5:00 p.m. (Toronto time) on July 20, 2021. Non-registered unitholders should communicate with their brokers or other intermediaries as they may have earlier deadlines.

TSX:BPY

Brookfield Property Partners Announces Mailing Of Circular For Special Meeting Of Unitholders To Consider Privatization Transaction

El Pollo LoCo Holdings&nbsp;Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/loco#NASDAQ">LOCO</a>) has announced plans to become the first national restaurant company to conduct test flights for door-to-backyard drone delivery.
What Happened: Beginning on June 24, El Pollo Loco will partner with the Israeli drone start-up Flytrex in an unnamed Southern California market. The &ldquo;Air Loco&rdquo; drone will be outfitted with a fastened delivery box to keep the meal contents intact.
The company promised customers participating in the pilot program that the drone will &ldquo;gently lower their food order from high above their home.&rdquo; The Flytrex drone uses a wire release mechanism designed to lower food orders from 80 feet.
&ldquo;We want to offer drone food deliveries that are fast, convenient and safe,&rdquo; said Andy Rebhun, vice president of digital for El Pollo Loco. &quot;The insights gleaned during this test-and-learn pilot will play a crucial role in helping us shape this exciting new service ahead of its rollout.&rdquo;
Related Link: <a href="https://www.benzinga.com/news/21/06/21550454/ohio-restaurant-debuts-spicy-thai-cicada-pizza-what-you-need-to-know-if-not-eat">Ohio Restaurant Debuts Spicy Thai Cicada Pizza: What You Need To Know (If Not Eat)</a>
What Else Happened: For customers who prefer to receive their fire-grilled chicken meals via ground-based deliveries, El Pollo Loco also announced a limited-time promotion for free deliveries for those who place orders of $20 or more on its app or website.
Separately, the Costa Mesa, California-based company announced last month it would cease using Styrofoam packaging in favor of clear Thermo-To-Go packaging made from partially recycled materials.
The company noted the new packaging would result in removing&nbsp;1.9 cubic feet of Styrofoam &mdash;&nbsp;the equivalent of 21&nbsp;Olympic-size swimming pools &mdash;&nbsp;from the national waste stream annually.
(Photo courtesy of El Pollo Loco.)

Restaurants

Small Cap

LOCO

El Pollo Loco To Test Drone Delivery For Restaurant Orders

Canadian cannabis producer MYM Nutraceuticals Inc. (CSE:<a class="ticker" href="/stock/MYM#CSE">MYM</a>) (OTC:<a class="ticker" href="/stock/MYMMF#OTC">MYMMF</a>) confirmed the acquisition of&nbsp;Highland Grow Inc., a cannabis&nbsp;cultivator and&nbsp;distributor&nbsp;in&nbsp;Antigonish, Nova Scotia, for roughly $12.9 million.

Highland Grow is a subsidiary of&nbsp;Biome Grow Inc.&nbsp;(CSE:<a class="ticker" href="/stock/BIO#CSE">BIO</a>) (CSE:<a class="ticker" href="/stock/BIO#CSE">BIO</a>) (Frankfurt:&nbsp;6OTA) (OTC:<a class="ticker" href="/stock/BIOIF#OTC">BIOIF</a>).

MYM <a href="http://www.globenewswire.com/news-release/2020/07/27/2067795/0/en/MYM-and-Biome-Grow-Announce-Signing-of-Strategic-Transaction-Agreement.html">said Monday</a> it agreed to purchase

Under the deal, Biome agreed to become MYM&rsquo;s largest shareholder.

Transaction Details

The price tag&nbsp;includes $1.5 million in cash; some 42.8 million common shares in the capital of MYM at 6 cents; 132.5 million MYM&rsquo;s newly-created non-voting Class A Special Shares, and the agreement MYM entered to make the loan for the financing of the purchase.

MYM secured $3 million in funding through a loan facility with 1909203 Ontario Inc., controlled by Biome&rsquo;s director Michael Wiener.

The company is bound to return the loan within 18 months, with an option to extend the term for an additional six&nbsp;months.

The loan will carry an interest of 17.5% annually, the company noted.

The Vancouver-based company also opted to loan Biome $1 million, on the same terms and conditions.

In addition, Michael Wiener will resign from his current role. He will&nbsp;be appointed as MYM&nbsp;CMO&nbsp;once the acquisition is finalized.

MYM&nbsp;interim CEO Robin Linden said they are excited Highland Grow is joining their team.

&ldquo;The Highland Grow cultivation and distribution facility in Nova Scotia will expand MYM&rsquo;s cannabis footprint, enabling us to immediately supply the Canadian market with premium craft cannabis, including product grown in our Quebec based facility,&rdquo; continued Linden

Last year, MYM&nbsp;<a href="http://www.benzinga.com/markets/cannabis/19/02/13220423/2-canadian-cannabis-companies-expand-into-australia">expanded its presence to Australia</a>&nbsp;by launching a medical marijuana outdoor cultivation operation.

&ldquo;This is a great opportunity that benefits all of our stakeholders,&rdquo; stated Biome&nbsp;CEO Khurram Malik. It &ldquo;allows Biome to become the largest single shareholder in a much bigger operating platform.&rdquo;

Courtesy photo

Cannabis

Penny Stocks

Financing

MYM Nutraceuticals Buys Biome Grow Subsidiary, Secures $3M In Financing

BIOIF

CSE:BIO

CSE:MYM

MYMMF

MYM Nutraceuticals acquires Biome's subsidiary Highland Grow for ~$12.9M

IM Cannabis acquiring MYM Nutraceuticals

IMCC

Press Releases

MYM and Biome Grow Announce Signing of  Strategic Transaction Agreement

Biome Closes Previously Announced Transaction with MYM

Vancouver, British Columbia--(Newsfile Corp. - February 4, 2021) - MYM Nutraceuticals Inc., (CSE:<a class="ticker" href="/stock/MYM#CSE">MYM</a>) (OTCQB:<a class="ticker" href="/stock/MYMMF#OTCQB">MYMMF</a>) ("MYM" or the "Company") is pleased to announce its wholly owned subsidiary and Health Canada licensed cannabis producer, Highland Grow Inc., ("Highland Grow"), has entered into a supply agreement with the Ontario Cannabis Store ("OCS") to supply Highland Grow branded cannabis products throughout the province of Ontario.Under the terms of the agreement, Highland Grow will initially offer two cultivars, "White Lightning" and "Gaelic Fire", both in 3.5g formats."Entering the Ontario market is another key milestone for our Company," said Michael Wiener, CEO of MYM. "It is the largest and fastest growing market in Canada, and we are excited to finally be able to offer our craft, high THC cannabis to the many discerning consumers in the province." With the addition of Ontario, Highland Grow products are now available in 11 Provinces/Territories across Canada: Northwest Territories, Yukon, British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, New Brunswick, Prince Edward Island, Nova Scotia, and Newfoundland and Labrador.To support the expansion into Ontario and to pay down other debt, the Company has increased the size of its Loan Facility, previously announced on July 27, 2020, to $5,000,000 from $4,000,000 under the same terms and conditions. As certain insiders participated in the Transaction, it is considered to be a "related party transaction". No warrants were issued in connection with this amendment, thereby enhancing the available capital to the Company on a non-dilutive basis. To date, the Company has borrowed a total of $4,500,000 from the Facility Lender. "We've come a long way at MYM, and we are building incredible momentum," said Michael Wiener. "In the past week, we've announced the expansion of our distribution network into two new markets and, even before entering these markets, released profitable Q2 financial results in the midst of a global pandemic. With the additional funds from our senior lender, we are well positioned to continue to build upon and accelerate our growth."RECENT NEWS:January 29, 2021 - MYM Releases Second Quarter Results, Posts Record Growth and Net Profit: <a href="https://www.newsfilecorp.com/redirect/QNqQu8KZp">https://www.mym.ca/mym-releases-second-quarter-fiscal-2021-financial-results/</a>.January 28, 2021 - Highland Grow Signs Cannabis Supply Agreement with Yukon Liquor Corporation: <a href="https://www.newsfilecorp.com/redirect/mn2QUR0aM">https://www.mym.ca/highlandgrow-signs-canasupplyagreement-with-the-yukon-liquor-corporation/</a>.About MYM Nutraceuticals Inc.MYM is a Canadian cultivator, processor, and distributor of premium cannabis via its two wholly owned subsidiaries - SublimeCulture Inc., in Laval, QC and Highland Grow Inc., in Antigonish, NS. MYM shares trade in Canada, Germany and the United States under the following symbols: (CSE:<a class="ticker" href="/stock/MYM#CSE">MYM</a>) (OTCQB:<a class="ticker" href="/stock/MYMMF#OTCQB">MYMMF</a>) (FSE: 0MY) (DEU: 0MY) (MUN: 0MY) (STU: 0MY).ON BEHALF OF THE MYM BOARD Michael Wiener, CEO MYM Nutraceuticals Inc. <a href="https://www.newsfilecorp.com/redirect/kWpJi5qZ4">www.mym.ca</a> Investor Relations <a href="mailto:investors@mym.ca">investors@mym.ca</a>Keep up to date with MYM on our social media channels: Twitter: <a href="https://www.newsfilecorp.com/redirect/BYZ0SMzmD">@mymnutra </a>Facebook: <a href="https://www.newsfilecorp.com/redirect/5GnQSQzpE">@mymnutra </a>Instagram: <a href="https://www.newsfilecorp.com/redirect/Lek4SJnV5">@mymnutra</a><img src="https://orders.newsfilecorp.com/files/7719/73596_abba2b4464d718fb_logo.jpg" id="corporateNewsLogo" alt="Corporate Logo" />To view the source version of this press release, please visit <a href="https://www.newsfilecorp.com/redirect/oEzkuA0Xg">https://www.newsfilecorp.com/release/73596</a><img src="https://www.newsfilecorp.com/newsinfo/73596/197" alt="" />

MYM Nutraceuticals Inc: Highland Grow Expands Distribution into Ontario Increases Loan Facility to Support Growth

Vancouver, British Columbia--(Newsfile Corp. - March 5, 2021) - MYM Nutraceuticals Inc., (CSE:<a class="ticker" href="/stock/MYM#CSE">MYM</a>) (OTCQB:<a class="ticker" href="/stock/MYMMF#OTCQB">MYMMF</a>) ("MYM" or the "Company") is pleased to announce its wholly owned subsidiary and Health Canada licensed cannabis producer, Highland Grow Inc., ("Highland Grow"), has received authorization from the Government of Nunavut to supply Highland Grow cannabis products throughout Nunavut."We are thrilled at the opportunity to work with the Government of Nunavut and share Highland Grow and Coastal Connection branded cannabis products for the benefit of Nunavut and its people," said Michael Wiener, CEO of MYM. "Nunavut marks our twelfth province/territory and demonstrates our continued commitment to bring high quality cannabis to consumers across Canada."With the addition of Nunavut, and sole exception of Quebec, MYM nears another key milestone: national distribution. About MYM Nutraceuticals Inc.MYM is a Canadian cultivator, processor, and distributor of premium cannabis via its two wholly owned subsidiaries - SublimeCulture Inc., in Laval, QC and Highland Grow Inc., in Antigonish, NS. MYM shares trade in Canada, Germany and the United States under the following symbols: (CSE:<a class="ticker" href="/stock/MYM#CSE">MYM</a>) (OTCQB:<a class="ticker" href="/stock/MYMMF#OTCQB">MYMMF</a>) (FSE: 0MY) (DEU: 0MY) (MUN: 0MY) (STU: 0MY).ON BEHALF OF THE MYM BOARD Michael Wiener, CEO MYM Nutraceuticals Inc. <a href="https://www.newsfilecorp.com/redirect/Lzp5IJZWz">www.mym.ca</a> Investor Relations <a href="mailto:investors@mym.ca">investors@mym.ca</a>Keep up to date with MYM on our social media channels:Twitter: <a href="https://www.newsfilecorp.com/redirect/oXyKTAZJE">https://twitter.com/mymnutra</a> Facebook: <a href="https://www.newsfilecorp.com/redirect/OvR5SgpOM">https://www.facebook.com/mymnutra</a> Instagram: <a href="https://www.newsfilecorp.com/redirect/PJE7fOpWr" target="_blank">https://www.instagram.com/mym.ca/</a> Linkedin: <a href="https://www.newsfilecorp.com/redirect/wJ4KfbVMk" target="_blank">https://www.linkedin.com/company/mymnutra/</a>To view the source version of this press release, please visit <a href="https://www.newsfilecorp.com/redirect/g7Y0HMA44">https://www.newsfilecorp.com/release/76178</a><img src="https://www.newsfilecorp.com/newsinfo/76178/197" alt="" />

MYM Nutraceuticals Inc.: Highland Grow Expands Distribution into Nunavut

Opinion

US Legalization on the Horizon as Lawmakers Bringing Cannabis Reforms to the Senate Floor

IM Cannabis to Acquire MYM Nutraceuticals and Its Licensed Producer Subsidiary, Highland Grow

Global M&A Activity on the Rise Again in the Cannabis Sector

<ul style="list-style-type: square;"><li>Total voting support agreements for the Transaction now represent 44.4%, or 162.7 million, of the total votes outstanding including all senior management and board members</li><li>Shareholders to benefit from a global platform of premium and super premium brands and distribution through Canada, Israel and Europe</li><li>The Transaction has been approved by an MYM Special Committee of Independent Directors </li></ul>Vancouver, British Columbia--(Newsfile Corp. - April 19, 2021) - MYM Nutraceuticals Inc. (CSE:<a class="ticker" href="/stock/MYM#CSE">MYM</a>) (OTCQB:<a class="ticker" href="/stock/MYMMF#OTCQB">MYMMF</a>) ("MYM" or the "Company"), is pleased to announce that it has received additional voting support agreements in connection with the proposed merger with IM Cannabis Corp. (CSE:<a class="ticker" href="/stock/IMCC#CSE">IMCC</a>) (NASDAQ:<a class="ticker" href="/stock/IMCC#NASDAQ">IMCC</a>) ("IMCC") which was announced on April 1, 2021 (the "Transaction"). The total of voting support agreements for the Transaction has grown to 44.4% of all votes, or 162.7 million shares, an increase from 41.7% on April 1,, 2021. A total of 66 &#38; 2/3rds of all common and exchangeable shares voted is required to approve the Transaction as well as a majority of the minority vote in accordance with Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions. The Transaction was evaluated and recommended by an independent committee of directors of MYM (the "Special Committee"), who received independent financial and legal advice. In the arrangement agreement entered into in connection with the Transaction, the MYM board has agreed with IMCC to include a recommendation in the circular to be mailed that MYM shareholders vote in favour of the Transaction.Benefits of the Transaction to MYM shareholders:<ol style="list-style-type: decimal;"><li>Accessing underserved premium markets globally: The premium segment of the cannabis industry is growing rapidly across global adult-use and medical markets. The Transaction serves to broaden the distribution of the Company's products both domestically and internationally, and is expected to result in significant synergies, economies of scale and margin expansion.</li><li>Expanded premium product portfolio: The Highland Grow ultra-premium brand is a natural compliment to the Wagners premium brand. A broader premium product portfolio is expected to accelerate market share gains in Canada and internationally.</li><li>Diversified cultivation footprint: A larger and more diversified cultivation platform includes an incremental 7,000 kilograms of annual indoor, premium capacity at the Manitou facility in Ontario, with concurrent increases to genetic offerings, a bolstered supply chain, and expected reduction of risks associated with MYM's current operations. </li><li>Proven management team: IMCC's management team brings considerable expertise and success in the global cannabis industry, marketing, finance, operations and cultivation. Together with MYM's management team, the combined company will be able to harness an extensive operating platform for the benefit of all shareholders. </li><li>Enhanced growth opportunities: As part of a much larger and international organization listed on the NASDAQ Capital Market, shareholders are expected to benefit from a potentially lower cost of growth capital, creating opportunities to capitalize on both organic and acquisition opportunities.</li><li>Stronger combined balance sheet: As part of the Transaction, MYM will have $5.4 million in secured debt retired, and the combined company will be substantially debt free and properly capitalized to pursue growth opportunities.</li><li>Alignment of IMCC management and MYM shareholders: Upon closing of the Transaction, IMCC management and directors will own approximately 33% of the combined company, with MYM shareholders owning 14.5%. MYM shareholders now have the opportunity to participate in a global growth platform fully aligned with IMCC's management and directors. </li></ol>Corporate Presentation The most recent corporate presentation on the Transaction <a href="https://www.newsfilecorp.com/redirect/v73LSewmq">can be found here</a> and on MYM's website at <a href="https://www.newsfilecorp.com/redirect/JKbAsEKqR">www.mym.ca</a>. Further details with respect to the Transaction will be included in the information circular to be mailed to MYM shareholders in connection with the MYM Meeting in May 2021 and will also be posted online. A copy of the Arrangement Agreement has been filed on IMCC and MYM's SEDAR profiles and is available for viewing at <a href="https://www.newsfilecorp.com/redirect/GWbATAPZ5">www.sedar.com</a>. Management Commentary"Since the restructuring of MYM in 2019 and the acquisition of Highland Grow in 2020, our team has executed a successful strategy of turning MYM into a growing revenue producing entity. This Transaction is the next logical step in delivering value to MYM shareholders," said Michael Wiener, Chief Executive Officer. "To realize MYM's full long-term potential, it is imperative that we diversify the Company's cultivation footprint, leverage additional expertise at the management and operational levels, and reduce financial constraints to growth. I appreciate the strong support we have received from shareholders so far and I know I speak on behalf of our entire team - all of whom are shareholders and will be joining IMCC - when I say that this Transaction is only the beginning of what we expect will be an exciting and valuable journey together." Robin Linden, MYM Director, added, "The new leadership at MYM has completed an impressive turnaround of a company that only twelve months ago had limited financial resources and no established operations. This is the perfect time for shareholders to both realize the value created to this point and participate in the consolidation phase of the global cannabis industry." About MYM Nutraceuticals Inc.MYM is a Canadian cultivator, processor, and distributor of premium cannabis via its two wholly owned subsidiaries - SublimeCulture Inc., in Laval, QC and Highland Grow Inc., in Antigonish, NS. MYM shares trade in Canada, Germany and the United States under the following symbols: (CSE:<a class="ticker" href="/stock/MYM#CSE">MYM</a>) (OTCQB:<a class="ticker" href="/stock/MYMMF#OTCQB">MYMMF</a>) (FSE: 0MY) (DEU: 0MY) (MUN: 0MY) (STU: 0MY).ON BEHALF OF THE MYM BOARD Michael Wiener, CEO MYM Nutraceuticals Inc. <a href="https://www.newsfilecorp.com/redirect/Q1bAu81Km">www.mym.ca</a> Investor Relations Toll-free: (800) 232-0316 Email: <a href="mailto:inquiries@dfking.com">inquiries@dfking.com</a>Keep up to date with MYM on our social media channels:Twitter: <a href="https://www.newsfilecorp.com/redirect/mYmRcRy0j">https://twitter.com/mymnutra</a> Facebook: <a href="https://www.newsfilecorp.com/redirect/kgGKu5JYP">https://www.facebook.com/mymnutra</a> Instagram: <a href="https://www.newsfilecorp.com/redirect/BgbRuM8PM" target="_blank">https://www.instagram.com/mym.ca/</a> Linkedin: <a href="https://www.newsfilecorp.com/redirect/5v32SQKWM" target="_blank">https://www.linkedin.com/company/mymnutra/</a>Disclaimer for Forward-Looking InformationThis press release contains "forward-looking information" within the meaning of applicable securities laws about MYM's current expectations, estimates and projections about the future, based on certain assumptions made in light of experiences and perceptions of historical trends. Although MYM believes that the expectations represented by such forward-looking information are reasonable, there can be no assurance that such expectations will prove to be correct. Investors should not place undue reliance on forward-looking information, which is inherently uncertain. Actual results may materially differ from the expectations represented in the forward-looking information in this press release.Forward-looking information is often, but not always, identified by the use of words such as "seek", "anticipate", "believe", "plan", "estimate", "expect", "likely" and "intend" and statements that an event or result "may", "will", "should", "could" or "might" occur or be achieved and other similar expressions. Forward-looking information in this press release includes statements about the benefits of the Transaction, including statements about anticipated market access and distribution, synergies, economies of scale and increased profit margins following the Transaction, future market share gains, future production capacity, increases in genetic offerings, supply chain improvements and operation risk reductions, management performance, cost of capital and liquidity for shareholders, balance sheet improvements, and growth of the combined company.Developing forward-looking information involves reliance on many assumptions and considerations of certain risks and uncertainties, some of which are specific to MYM, and others that apply to the industry generally. Those assumptions include, but are not limited to, assumptions about the Canadian and international cannabis markets, assumptions about the capital markets, and assumptions about the successful integration of MYM and IMCC.<img src="https://orders.newsfilecorp.com/files/7719/80794_329b2de9b49128e5_logo.jpg" id="corporateNewsLogo" alt="Corporate Logo" />To view the source version of this press release, please visit <a href="https://www.newsfilecorp.com/redirect/LxbAUJXGN">https://www.newsfilecorp.com/release/80794</a><img src="https://www.newsfilecorp.com/newsinfo/80794/197" alt="" />

MYM Continues to Secure Additional Support for Merger with IMCC

VANCOUVER, B.C., April 26, 2021 /PRNewswire/ -- USA News Group  -  Aphria Inc (NASDAQ:<a class="ticker" href="/stock/APHA#NASDAQ">APHA</a>) (TSX:<a class="ticker" href="/stock/APHA#TSX">APHA</a>) has seen its shareholders approve the proposed merger with that of Tilray Inc (NASDAQ:<a class="ticker" href="/stock/TLRY#NASDAQ">TLRY</a>). Following the approval, Tilray is now one step closer to acquiring all the outstanding shares of Aphria. The special meeting saw of those shares voted 99.38% in favour of the proposed transaction, thereby approving the merger arrangement. Upon approval, shareholders of Aphria are to receive 0.8381 of a Tilray Class 2 common share for each share of Aphria held. Tilray shareholders meanwhile will continue to hold their current shares with no adjustments being conducted. The closing of the arrangement remains subject to approval by Tilray shareholders as well as the courts. Tilray announced that the meeting has been pushed to April 30 at 11:00 AM to allow shareholders more time to vote. It&#39;s unclear what specifically caused the company to delay voting. Aphria last traded at CAD$17.67 on the TSX. IM Cannabis and MYM Nutraceuticals Another proposed merger is getting resistance from shareholders is the IM Cannabis (NASDAQ:<a class="ticker" href="/stock/IMCC#NASDAQ">IMCC</a>) (CSE:<a class="ticker" href="/stock/IMCC#CSE">IMCC</a>) and MYM Nutraceuticals Inc. (OTCQB:<a class="ticker" href="/stock/MYMMF#OTCQB">MYMMF</a>) (CSE:<a class="ticker" href="/stock/MYM#CSE">MYM</a>). MYM Nutraceuticals, a Canadian marijuana company with nation wide distribution and impressive sales growth Q1 2021sales of CDN$1.35 million to Q2 2021sales of CDN$4.1 million, equating to a over 200% increase from the previous quarter and pulled out CDN$845,776 in EBITDA. The Acquisition was announced April 1, 2021 and IMCC closed at C$8.89 that day valuing the 0.022 share conversion for MYM shareholders at C$0.19558 per share, that same day MYM shares closed at CAD$0.23. Since the announcement IMCC shares have fallen over 29% to ~CDN$6.30 and over 50% since March 3, 2021 from its high of CDN$13.00. IMCC adjusted price would put the value to MYM shareholders at just over 13 cents on April 21, 2021. A MYM Shareholder group has launched a website in opposition to the merger - <a xmlns="http://www.w3.org/1999/xhtml" target="_blank" href="https://www.shareholderaction.ca/" rel="nofollow">https://www.shareholderaction.ca</a> No special meeting date for vote has been set at this point.
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Proposed Acquisitions In The Marijuana Sector To Be Decided By Shareholder Votes

MYM Releases Q3 2021 Financial Results

Vancouver, British Columbia--(Newsfile Corp. - May 25, 2021) - &#160;MYM Nutraceuticals Inc. (CSE:<a class="ticker" href="https://www.benzinga.com/stock/MYM#CSE">MYM</a>) (OTCQB:<a class="ticker" href="https://www.benzinga.com/stock/MYMMF#OTCQB">MYMMF</a>) ("MYM" or the "Company")&#160;published a notice of meeting and record date for the upcoming special meeting of shareholders of MYM (the "Meeting") disclosing that the record date will be May 31, 2021 and the Meeting will be on July 5, 2021. At the Meeting, shareholders will be asked to consider and vote on a special resolution approving, among other things, the arrangement agreement entered into on March 31, 2021 between MYM, IM Cannabis Corp., and Trichome Financial Corp. (the "Arrangement Agreement") and the plan of arrangement to be completed under the Business Corporations Act (British Columbia) pursuant to the Arrangement Agreement. The Company also issued 113,893,254 common shares in the capital of the Company ("Common Shares") pursuant to a right of conversion of 113,893,254 Class A Special Shares ("Special Shares") in the capital of MYM International Brands Inc., a wholly owned subsidiary of the Company. The Special Shares were issued in connection with the acquisition of Highland Grow Inc. on July 31, 2020. Following the issuance, Cultivator Catalyst Corp., a wholly owned subsidiary of Biome Grow Inc., holds voting control over more than 20% of the issued and outstanding Common Shares.If you have any questions in connection to the meeting or voting, please feel free to contact our Proxy Solicitation and Information Agent, D.F. King Canada by email at <a href="mailto:inquiries@dfking.com">inquiries@dfking.com</a> or by calling toll free in North America 1 (800) 232-0316 or by calling direct (Bank, Brokers and other intermediaries call collect outside of North America) at 1 (416) 682-3825.About MYM Nutraceuticals Inc.MYM is a Canadian cultivator, processor, and distributor of premium cannabis via its two wholly owned subsidiaries - SublimeCulture Inc., in Laval, QC and Highland Grow Inc., in Antigonish, NS. MYM shares trade in Canada, Germany and the United States under the following symbols: (CSE:<a class="ticker" href="https://www.benzinga.com/stock/MYM#CSE">MYM</a>) (OTCQB:<a class="ticker" href="https://www.benzinga.com/stock/MYMMF#OTCQB">MYMMF</a>) (FSE: 0MY) (DEU: 0MY) (MUN: 0MY) (STU: 0MY).ON BEHALF OF THE MYM BOARD Michael Wiener, CEO MYM Nutraceuticals Inc. <a href="https://www.newsfilecorp.com/redirect/DjXGuwA2X">www.mym.ca</a>Robin Linden, Chief Marketing Officer (778)-522-2261Keep up to date with MYM on our social media channels: Twitter: <a href="https://www.newsfilecorp.com/redirect/rkGWCO4g8">https://twitter.com/mymnutra</a> Facebook: <a href="https://www.newsfilecorp.com/redirect/VNPnuqLyM">https://www.facebook.com/mymnutra</a> Instagram: <a href="https://www.newsfilecorp.com/redirect/zKOVUPqry" target="_blank">https://www.instagram.com/mym.ca/</a> Linkedin: <a href="https://www.newsfilecorp.com/redirect/4Op0fEVJa" target="_blank">https://www.linkedin.com/company/mymnutra/</a>Disclaimer for Forward-Looking InformationThis press release contains "forward-looking information" within the meaning of applicable securities laws about MYM's current expectations, estimates and projections about the future, based on certain assumptions made in light of experiences and perceptions of historical trends. Although MYM believes that the expectations represented by such forward-looking information are reasonable, there can be no assurance that such expectations will prove to be correct. Investors should not place undue reliance on forward-looking information, which is inherently uncertain. Actual results may materially differ from the expectations represented in the forward-looking information in this press release.Forward-looking information is sometimes, but not always, identified by the use of words such as "seek", "anticipate", "believe", "plan", "estimate", "expect", "likely" and "intend" and statements that an event or result "may", "will", "should", "could" or "might" occur or be achieved and other similar expressions. Forward-looking information in this press release includes, but is not limited to, statements about the timing of the Meeting and the voting control of Cultivator Catalyst Corp. Developing forward-looking information involves reliance on many assumptions and considerations of certain risks and uncertainties, some of which are specific to MYM, and others that apply to the industry generally. Some of the risks and other factors which could cause actual results to differ materially from those expressed in the forward looking statements contained in this press release, include, but are not limited to, the risk factors included under the heading "Risk Factors" in the annual information form of MYM dated September 26, 2020 and under the heading "Risk Factors" in the MD&#38;A for the three months ended February 28, 2021, both of which are available on <a href="https://www.newsfilecorp.com/redirect/j2DOUk5xn">sedar.com</a>.To view the source version of this press release, please visit <a href="https://www.newsfilecorp.com/redirect/vgBNUe8nx">https://www.newsfilecorp.com/release/84906</a><img src="https://www.newsfilecorp.com/newsinfo/84906/197" alt="" />

MYM Provides Timeline for Special Meeting of Shareholders and Announces Exchange of Special Shares

Launches WAGNERS brand with new cultivars and SKUsMYM shareholder meeting set for July 5, 2021Substantially completes loan portfolio run-off and realizes a 24% IRRTORONTO, ON and GLIL YAM, ISRAEL / ACCESSWIRE / June 1, 2021 / IM Cannabis Corp. (&quot;IMC&quot; or the &quot;Company&quot;) (CSE:<a class="ticker" href="https://www.benzinga.com/stock/IMCC#CSE">IMCC</a>), (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IMCC#NASDAQ">IMCC</a>), a multi-country operator (&quot;MCO&quot;) in the medical and adult-use recreational cannabis sector with operations in Israel, Germany and Canada, is pleased to provide the following update.First Closing of the Panaxia TransactionAs announced on April 30th, the Company&#39;s fully owned Israeli subsidiary, IMC Holdings Ltd., signed a definitive agreement with Panaxia Pharmaceutical Industries Israel Ltd. and Panaxia Logistics Ltd., part of the Panaxia Labs Israel, Ltd. group of companies (&quot;Panaxia&quot;) (TASE:PNAX), Israel&#39;s largest manufacturer of medical cannabis products, pursuant to which IMC will acquire Panaxia&#39;s trading house and in-house pharmacy activities. This agreement will combine its home-delivery services online pharmacy business operating under the name Panaxia to the Home and customer service center, along with certain distribution assets, and an option to purchase a pharmacy with licenses to sell medical cannabis to patients from Panaxia.Panaxia to the Home currently stocks the largest medical cannabis products selection in Israel, which it offers to patients across the country through an online platform with temperature-controlled home delivery. Panaxia to the Home also operates a customer service center for patient support, as well as a team of skilled pharmacists who specialize in providing targeted counseling to patients on how best to use medical cannabis products. Upon the first closing announced today, all online-related activities and intellectual property are transferred to the Company, including, but not limited to, the online sales platform for medical cannabis products, a CRM platform and use of a large storage facility to support the operations of Panaxia to the Home.&quot;This is an important first step in the implementation of our Israeli retail strategy,&quot; said Oren Shuster, CEO of IMC. &quot;The reason we started with the Panaxia acquisition is that its distribution spans nationwide across Israel. We are on track to realizing the Company&#39;s global revenue and margin potential through the expansion of its multi-country operating platform.&quot;The second closing, which is subject to Israeli Ministry of Health (&quot;MOH&quot;) approval, is expected to occur before July 30, 2021, or upon receipt of MOH approval.&#x2A; All figures are in $ CADCanadian Operations UpdateSince the end of Q1 2021, Trichome JWC Acquisition Corp (&quot;TJAC&quot;), IMC&#39;s Canadian indirectly wholly owned subsidiary, has achieved numerous commercial and operational milestones:<ul><li>The formal launch of TJAC&#39;s new WAGNERS adult-use brand (<a href="https://pr.report/Y5fp6he8">link to website</a>) has now begun. Following the successful soft launch in late Q1 2021, the WAGNERS brand continues its rollout, with products expected to be available in Ontario, BC, Alberta, Saskatchewan, New Brunswick, and PEI by the beginning of June.</li><li>As part of the roll-out of the WAGNERS brand, TJAC has increased its offering of premium dried flower and pre-rolled SKUs to a total of four high-value strains, with a number of others launching in late 2021.</li><li>In addition to new dried flower and pre-rolled offerings under the WAGNERS brand, TJAC is launching new concentrate SKUs, including a larger format Soap Bar Hash offered in 2g and 4g sizes, and an Afghani Soft Black Hash to be launched in Q2.</li><li>Operationally, TJAC made significant strides in cultivation and processing. For May 2021, TJAC harvested 8,000 plants for the month, up from an average of 2,000 plants harvested per month in Q4 2020, on pace to an annualized production rate of approximately 7,000 kilograms of flower in the second half of 2021.</li></ul>&quot;The WAGNERS brand reflects our organization&#39;s culture, shared values and the principles of hard work and perseverance that are so evident in the surrounding Tri-Cities community,&quot; said Ross Hendry, Head of Sales &amp; Marketing, TJAC. &quot;We believe in delivering high quality product at a fair price, while being a better partner to our customers and over delivering for the consumer every day. The WAGNERS brand, sold through TJAC, is a great addition to IMC&#39;s portfolio as it extends our reach in the adult-use recreational market and advances our expansion strategy in the Canadian market.&quot;Update on MYM TransactionOn April 1, 2021, the Company announced that it had entered into a definitive agreement (the &quot;Arrangement Agreement&quot;) to acquire MYM Nutraceuticals Inc., (CSE:<a class="ticker" href="https://www.benzinga.com/stock/MYM#CSE">MYM</a>) (OTCQB:<a class="ticker" href="https://www.benzinga.com/stock/MYMMF#OTCQB">MYMMF</a>) (&quot;MYM&quot;) and its licensed producer subsidiary, Highland Grow Inc (&quot;Highland Grow&quot;), pursuant to a plan of arrangement to be completed under the Business Corporations Act (British Columbia) (the &quot;Transaction&quot;).The Transaction was evaluated and recommended by an independent committee of directors of MYM (the &quot;Special Committee&quot;), who received independent financial and legal advice. In the arrangement agreement entered into in connection with the Transaction, the MYM board agreed with IMCC to include a recommendation in the circular to be mailed that MYM shareholders vote in favo r of the Transaction.IMC has entered into voting support agreements with shareholders representing 44.4% of all shares outstanding, or 162.7 million shares, prior to the mailing of the circular and proxy and voting information form. A total of 66 &amp; 2/3rds of all common shares voted is required to approve the Transaction as well as a majority of the minority vote in accordance with Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions.Key dates with respect to the Transaction are as follows:<ul><li>May 31, 2021 - Record Date</li><li>June 8, 2021 - Mailing of meeting materials to beneficial holders as of the Record Date</li><li>June 30, 2021 - Proxy voting cutoff date</li><li>July 5, 2021 - Shareholder meeting</li><li>On or about July 7, 2021 - closing</li></ul>Shareholders of MYM with questions regarding the Transaction can call toll-free (800) 232-0316 or email <a href="mailto:inquiries@dfking.com">inquiries@dfking.com</a>. Investors can also visit (<a href="https://pr.report/h0EluTS-">link</a>) to learn more about the benefits of the Transaction. Information regarding MYM and the Transaction is also available at <a href="https://pr.report/oDgYwsUT">www.sedar.com</a>Loan Portfolio UpdateIMC is pleased to announce that its wholly-owned subsidiary, Trichome Financial Corp. (&quot;TFC&quot;) has substantially completed the run-off of its loan portfolio, having received net cash proceeds of $7.9 million from the early-settlement of loans to Good Buds and Heritage Cannabis Holdings Corp (CSE:<a class="ticker" href="https://www.benzinga.com/stock/CANN#CSE">CANN</a>). The total outstanding loans as of May 31, 2021 total $0.9 million and are expected to run-off by the end of Q3 2021.TFC realized a weighted average internal rate of return of approximately 24% on its loan portfolio since inception. Going forward, TFC will focus exclusively on supporting TJAC, integrating MYM and future M&amp;A opportunities in North America.About IM Cannabis Corp.IMC is an MCO in the medical and adult-use recreational cannabis sector, headquartered in Israel and with operations In Israel, Germany and Canada. Over the past decade, the Company believes that the IMC brand has become synonymous with quality and consistency in the Israeli medical cannabis market. The Company has also expanded its business to offer intellectual property-related services to the medical cannabis industry.In Europe, IMC operates through Adjupharm GmbH (&quot;Adjupharm&quot;), a German-based subsidiary and EU GMP-certified medical cannabis processor and distributor. IMC&#39;s European presence is augmented by strategic alliances with various pan-European EU-GMP cultivators and distributors to capitalize on the increased demand for medical cannabis products in Europe and bring the IMC brand and its product portfolio to European patients.In Canada, IMC operates through Trichome JWC Acquisition Corp. (d/b/a &quot;JWC&quot;). JWC is a licensed producer located in Kitchener, Ontario, selling cannabis flower, pre-rolls, hash and kief in the Canadian recreational cannabis market under the JWC and Wagners brands. JWC operates with high standards for providing clean, consistent, aeroponically-grown premium cannabis products to medical patients and the adult-use market throughout Canada and the world. On March 31, 2021, IMC entered into a definitive agreement to acquire MYM and its licensed producer subsidiary, Highland Grow Inc. This transaction, if completed, will reinforce IMC&#39;s goal of being a leading global premium cannabis producer and purveyor.About Focus Medical Herbs Ltd.Focus Medical is one of eight original licensed producers of medical cannabis in Israel and has over 10 years of experience growing high quality medical cannabis in the Israeli market. Focus Medical is an &quot;investee&quot; of the Company under IFRS (as defined below) due to the Company&#39;s &quot;de facto control&quot; over Focus Medical despite not having any direct or indirect ownership of it. Focus Medical has an exclusive commercial agreement with IMC to distribute its production under the IMC brand. In addition to its own capacity, Focus Medical has supply agreements with six other cultivators for additional supply using its proprietary genetics and for sale under the IMC brand.Disclaimer for Forward-Looking Statements This press release contains &quot;forward-looking information&quot; and &quot;forward-looking statements&quot; within the meaning of applicable Canadian and United States securities laws (collectively, &quot;forward-looking information&quot;). Forward-looking information are often, but not always, identified by the use of words such as &quot;seek,&quot; &quot;anticipate,&quot; &quot;believe,&quot; &quot;plan,&quot; &quot;estimate,&quot; &quot;expect,&quot; &quot;likely&quot; and &quot;intend&quot; and statements that an event or result &quot;may,&quot; &quot;will,&quot; &quot;should,&quot; &quot;could&quot; or &quot;might&quot; occur or be achieved and other similar expressions. Forward-looking information in this press release includes, without limitation, statements relating to plans regarding TJAC&#39;s future operations and brands, the completion of the acquisition of MYM, timing on the run-off of TFC&#39;s remaining loan portfolio and the Company&#39;s business and strategic plans.Developing forward-looking information involves reliance on several assumptions and considerations of certain risks and uncertainties, some of which are specific to IMC and others that apply to the industry generally. Such assumptions include, but are not limited to, the ability of the Company to execute its business plans prior to and following the completion of the MYM Transaction; the continued growth of the medical and recreational cannabis markets in Israel, Canada, Germany and elsewhere in Europe; IMC maintaining &quot;de facto&quot; control over Focus Medical Herbs Ltd. (&quot;Focus Medical&quot;) in accordance with IFRS 10; Focus Medical maintaining its existing Israeli cultivation license and other business permits in the State of Israel; the continuing strength and appeal of the IMC brand; future opportunistic acquisitions becoming available to the Company in the North American cannabis market and the expected legalization of adult-use recreational cannabis in Israel.Risk factors and uncertainties, both known and unknown, could cause actual results to differ materially from the anticipated results or expectations expressed in this press release, include, without limitation: the ability of IMC to complete its acquisition of MYM on the terms contemplated or at all; the Company&#39;s ability to capture the benefits associated with its acquisition of Trichome Financial Inc. (&quot;Trichome&quot;); risks related to Trichome&#39;s lending operations; a resurgence in cases of COVID-19, which has occurred in certain locations and the possibility of which in other locations remains high and creates ongoing uncertainty that could result in restrictions to contain the virus being re-imposed or imposed on a more strict basis, including restrictions on movement and businesses; the extent to which COVID-19 impacts the global economy; the success of new COVID-19 workplace policies and the ability of people to return to workplaces; the Israeli government deciding to delay or abandon the legalization of adult-use recreational cannabis in Israel; the ability of the Company to comply with applicable government regulations in a highly regulated industry; unexpected changes in governmental policies and regulations affecting the production, distribution, manufacture or use of medical cannabis in Israel, Germany and other foreign jurisdictions in which the Company intends to operate; unexpected changes in governmental policies and regulations affecting the production, distribution, manufacture or use of adult-use recreational cannabis in Canada; engaging in activities considered illegal under United States federal law; risks of product liability and other safety-related liability as a result of usage of the Company&#39;s cannabis products; any failure of IMC to maintain &quot;de facto&quot; control over Focus Medical in accordance with IFRS 10; the Company and Focus Medical having to rely on third party cannabis producers to supply the Adjupharm and Focus Medical with product to successfully fulfill previously announced sales agreements and purchase commitments; the ability of Adjupharm and Focus Medical to deliver on their respective sales commitments; the risk that regulatory authorities in Israel may view IMC as the deemed owner of more than 5% of Focus Medical in contravention to Israeli rules restricting the ownership of Israeli cannabis cultivators and thereby jeopardizing Focus Medical&#39;s cannabis cultivation license; any inability of the Company to comply with and maintain in good standing with the Israeli Ministry of Health and/or the Israeli Medical Cannabis Agency any licenses required to conduct its operations; any unexpected failure of Focus Medical to maintain any of its commercial facilities or land lease agreements; any unexpected failure of Adjupharm to renew its production, wholesale, narcotics handling or import/export licenses, permits, certificates or approvals; any unexpected failure of Focus Medical to renew its cultivation license with the Israeli Ministry of Health on similar or better terms; any failure to obtain the requisite business permits in the State of Israel; reliance on management; inconsistent public opinion and perception regarding the use of cannabis; the Company&#39;s ability to maintain or improve the brand position of the IMC brand in relevant cannabis markets; political instability and conflict in the Middle East; adverse market conditions; the ability of the Company to access future financing if needed or on terms acceptable to the Company; the lack of merger and acquisition opportunities; the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses; crop failures; litigation; interest rate and currency fluctuations; increasing competition; industry consolidation; failure to meet the continued listing requirements of the Nasdaq Capital Market and the Canadian Securities Exchange; and loss of key management and/or employees.Readers are cautioned to consider these and other factors, uncertainties and potential events carefully and not to put undue reliance on forward-looking information. The forward-looking information contained herein is made as of the date of this press release and is based on the beliefs, estimates, expectations and opinions of management on the date such forward-looking information is made. The Company undertakes no obligation to update or revise any forward-looking information, whether as a result of new information, estimates or opinions, future events or results or otherwise or to explain any material difference between subsequent actual events and such forward-looking information, except as required by applicable law.CONTACTS:Oren Shuster CEO, IM Cannabis Corp. +972-77-3603504 <a href="mailto:info@imcannabis.com">info@imcannabis.com</a>Caitlin Kasunich Media Relations - U.S. +1 212-896-1241 <a href="mailto:ckasunich@kcsa.com">ckasunich@kcsa.com</a>Gal Wilder Media Relations - Canada +1 416-602-4092 <a href="mailto:gwilder@cohnwolfe.ca">gwilder@cohnwolfe.ca</a>Elizabeth Barker Investor Relations +1 212-896-1203 <a href="mailto:ebarker@kcsa.com">ebarker@kcsa.com</a>SOURCE: IM Cannabis Corp. View source version on accesswire.com: <a href='https://www.accesswire.com/649884/IMC-Reports-First-Closing-of-the-Panaxia-Acquisition-and-Provides-Update-on-Canadian-Business-Activities'>https://www.accesswire.com/649884/IMC-Reports-First-Closing-of-the-Panaxia-Acquisition-and-Provides-Update-on-Canadian-Business-Activities</a> 
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