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MSOS

The Benzinga Cannabis Capital Conference discussed the maturing cannabis market. The AdvisorShares Pure US Cannabis ETF (MSOS) was mentioned during the conference.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2023 | 8:29 pm

GRWG

MSOS

Lampert, speaking at the Benzinga Cannabis Capital Conference, mentioned that at GrowGen, they had four investors from the industry. He also noted that wealthy individuals often don't understand the industry.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2023 | 8:26 pm

LBBB

Nature's Miracle Holdings Inc. has appointed Vien Le as its CFO and Darin Carpenter as its COO. Le, a seasoned finance executive, assumed his duties in August 2023. Carpenter, an experienced senior executive, will assume his role on October 1, 2023. Nature's Miracle and Lakeshore Acquisition II Corp. (NASDAQ:LBBB) previously announced a definitive business combination agreement. Upon closing, the combined company is expected to change its name to Nature's Miracle Holding Inc. and its common stock is expected to be traded on the Nasdaq Global Market.

Portfolio Pulse from Happy Mohamed

September 27, 2023 | 8:25 pm

CNXC

Concentrix has increased its quarterly dividend from $0.2750 to $0.3025 per share, payable on November 7, 2023. The company also repurchased 0.3 million shares in Q3 at a cost of $27.0 million, with a remaining share repurchase authorization of $312.1 million.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2023 | 8:19 pm

F

A significant bullish stance has been taken on Ford Motor (NYSE:F) by an unknown entity, possibly an institution or wealthy individual. This was noticed through publicly available options history. The overall sentiment of these big-money traders is 80% bullish and 20% bearish. Whales have been targeting a price range from $10.0 to $15.0 for Ford Motor over the last 3 months. UBS and RBC Capital have downgraded their actions on Ford with price targets of $15 and $12 respectively.

Portfolio Pulse from Benzinga Insights

September 27, 2023 | 8:16 pm

SRE

Sempra Infrastructure, a subsidiary of Sempra (NYSE:SRE), has appointed Tania Ortiz Mena as its president. Ortiz Mena will lead the company's three business lines – clean power, energy networks, and LNG and net-zero solutions. She has over 23 years of experience in the Sempra family of companies, having held various roles including serving as IEnova's CEO, chief development officer and vice president of development and external affairs.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2023 | 8:15 pm

WOR

Worthington Industries has completed its board of directors transition with the appointment of John Blystone as Executive Chairman. This marks the end of a planned succession, with the former Executive Chairman, John P. McConnell, now retiring.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2023 | 8:12 pm

GNSS

Genasys Inc. (NASDAQ:GNSS) plans to offer shares of its common stock in an underwritten public offering. The company also expects to grant the underwriters a 30-day option to purchase up to an additional 15% of the shares. The offering is subject to market conditions and there is no assurance as to whether or when the offering may be completed. The net proceeds from this offering will be used for general corporate purposes.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2023 | 8:11 pm

SLNO

Soleno Therapeutics, Inc. (NASDAQ:SLNO) has announced its intention to offer and sell shares of its common stock and/or pre-funded warrants in an underwritten public offering. The company also plans to grant underwriters a 30-day option to purchase additional shares equal to 15% of the aggregate number of shares sold in the public offering. Concurrently, Soleno intends to enter into a securities purchase agreement with certain investors for up to $30 million of shares at the public offering price. The completion of the private placement is contingent upon the closing of the public offering. Guggenheim Securities, LLC, Cantor Fitzgerald & Co. and Oppenheimer & Co. Inc. are acting as the joint book-running managers for the public offering and placement agents for the private placement.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2023 | 8:10 pm

MSOS

Aaron Miles of Verano Holdings discussed the company's recent $350 million investment, likening it to 'putting $350M on a credit card'. The discussion was part of a Benzinga subscriber event.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2023 | 8:09 pm