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Cannabis Dispensary Roundup: Green Dragon, Verano Holdings, Three Wells

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Green Dragon Kicks Off Cannabis Sales At Its Third Florida Store In West Palm Beach

Cannabis company Green Dragon opened a new medical cannabis dispensary in West Palm Beach earlier this week.

The new shop located at 1695 Forum Place, is the company’s third storefront in the Sunshine State and 19th nationwide.

Florida’s medical cannabis patients will have access to a vast selection of expertly cultivated cannabis flower and pre-rolls with additional world-class medical products including vape cartridges, edibles and topicals becoming available in 2022, the company disclosed.

“West Palm Beach is known for its highly acclaimed restaurants and bars, and similarly, Green Dragon has become a cannabis dispensary chain coveted for our unparalleled retail experience,” Alex Levine, the company’s chief development officer said. “We look forward to supplying patients in the West Palm Beach area with premium products—especially flower—at competitive prices and becoming the newest retail destination in this densely populated cultural center.”

The company intends to kick off cannabis sales in a number of dispensaries across the state in areas including Tampa, Ocala, …

Full story available on Benzinga.com

Original Source: benzinga.com

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Truist Sees 350% Upside on This Cancer-Focused Biopharma Stock – Read Why

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Truist has initiated coverage on Verastem Oncology Inc (NASDAQ: VSTM) with a Buy rating and $6.00 price target, equivalent to approximately 350% upside.
Analyst Srikripa Devarakonda notes that trading at about 2-times cash, the stock is “undervalued” given its programs in two cancers.
Devarakonda adds that the Verastem base case is supported by a $470 million unadjusted U.S. opportunity in the ovarian cancer program, “early but strong” clinical data, and positive expert feedback.
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Full story available on Benzinga.com

Article: benzinga.com

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“Peek Performance”: Apple’s Next Hardware Event Happens on March 8

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Enlarge (credit: Apple)

Apple will stream its next hardware event to the masses on March 8 at 10 am Pacific (1 pm Eastern), the company announced today. Invitations have already been sent to the press—though the event will be yet another prerecorded, streaming-only presentation with no media in attendance. Apple marketing SVP Greg Joswiak tweeted the now-customary Apple-logo-centric teaser video that doesn’t actually tease anything.

We never know exactly what will be announced at any given Apple event, but Bloomberg’s Mark Gurman reports that the lineup will include a refresh of the budget-friendly iPhone SE and the first iPad Air update in a little over a year.

Rumors have also circulated about updated designs and new Apple Silicon chips for the MacBook Air and the 13-inch MacBook Pro, and the high-end Intel Mac Mini, the 27-inch iMac, and the Mac Pro are all still running Intel chips. The characteristically cryptic “peek performance” tagline does at least hint at new chips for one or more Macs, whether that’s a truly next-gen Apple M2 for thin-and-light laptops or an M1 Pro/Max-focused refresh for the more powerful desktops.

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Original Article: arstechnica.com

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Charles River’s Q4 Earnings Beats Street Expectation, Reaffirms FY22 Outlook

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Charles River Laboratories International Inc’s (NYSE: CRLQ4 sales increased 14.4% Y/Y to $905.1 million, beating the consensus of $888.27 million.

Acquisitions contributed 5.9% to consolidated fourth-quarter revenue growth. Organic revenue growth was 10.5%, driven by contributions from all three business segments. 
Adjusted EPS reached $2.49 higher than $2.39 posted a year ago and …

Full story available on Benzinga.com

Article: benzinga.com

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