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Corporate Responsibility

ISPR

MSOS

Luna Stower discusses the impact of 280E on cannabis businesses, highlighting that 70%-80% of business costs are labor, which disproportionately affects retailers. They offer a self-sealing unit and an all-in-one solution with a self-seal and auto-filling machine to improve efficiency and help offset 280E costs for cannabis license holders.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 6:44 pm

MSOS

Dr. Chanda Macias advocates for open access to medicine, emphasizing the importance at the Cannabis Capital Conference. The conference offers live access for existing subscribers and instant access for new users. MSOS, a US-listed ETF, may be indirectly impacted by the discussions and viewpoints shared at the conference.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 6:34 pm

CSX

CSX, in partnership with Canadian Pacific Kansas City (CPKC), has unveiled its first hydrogen-powered locomotive, a significant step towards sustainable freight transportation. This innovation, developed at CSX's Huntington, W.Va. shop, showcases CSX's commitment to environmental stewardship and marks a milestone in utilizing hydrogen as a cleaner, efficient alternative to fossil fuels. The locomotive, converted from diesel using a CKPC-developed kit, will undergo field testing to evaluate its performance and operational feasibility.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 6:21 pm

MSOS

YOLO

At Benzinga's Capital Cannabis Conference, FundCanna CEO Adam Stettner discussed the pitfalls of overdiversification in the cannabis industry, suggesting that trying to do too much can be counterproductive.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 5:15 pm

VSTO

CSG addressed Senator J.D. Vance's concerns about its acquisition of The Kinetic Group, formerly Vista Outdoor's Sporting Products business, refuting claims of wrongdoing and ties to Putin's regime. CSG highlighted its support for Ukraine, cooperation with the U.S. military, and partnerships with defense corporations like General Dynamics and Raytheon. CSG emphasized its long-term investment strategy and expertise in the ammunition market, inviting Vance to visit its facilities.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 5:11 pm

GHBWF

GLASF

Kyle Kazan, CEO of Glass House Brands Inc., emphasized the need to end imprisonment for cannabis and advocated for federal legalization at the Benzinga Cannabis Capital Conference. He highlighted the company's success in California, reporting an 89% surge in annual revenue to $160.8 million and the introduction of a new value cannabis brand, Allswell, aimed at competing with the illicit market. Despite challenges like high taxes and a thriving traditional market, Glass House plans to continue its expansion in California.

Portfolio Pulse from Jelena Martinovic

April 16, 2024 | 4:32 pm

INTC

Intel has announced its support for an open platform for enterprise artificial intelligence (AI), aiming to foster innovation and ease of use in AI technologies. This move is expected to enhance Intel's position in the competitive AI market by promoting interoperability and collaboration among developers and businesses.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 4:04 pm

MSOS

YOLO

At Benzinga's Cannabis Capital Conference, Dustin Milner, CEO of Talarya Brands, discussed M&A strategy, emphasizing that until there's more investor interest and capital inflow, funds will be prioritized for operations over acquisitions.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 3:58 pm

BA

Boeing Co (NYSE:BA) has announced its largest annual purchase of sustainable aviation fuel (SAF), totaling 9.4 million gallons, to support its 2024 U.S. commercial operations. This purchase, which is over 60% higher than the previous year, will aid the Boeing ecoDemonstrator program and its U.S. commercial flights. The SAF consists of 30% waste by-products and 70% conventional jet fuel. Boeing also plans to buy CO2 emissions reductions for 5.4 million gallons of SAF through a book-and-claim process. EPIC Fuels and Avfuel will supply the SAF, with contributions from Neste.

Portfolio Pulse from Shivani Kumaresan

April 16, 2024 | 3:40 pm

KA

Kineta, Inc. has been granted a U.S. patent titled 'Proteasome activity enhancing compounds (including methods for treating cancer or tumors)'. This patent could potentially bolster Kineta's position in the oncology market by providing new avenues for cancer treatment.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 3:35 pm