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TLRY

Tilray Brands, Inc. (NASDAQ:TLRY) is launching a new sustainability campaign and transitioning to hemp packaging for its best-selling Canadian cannabis brand Good Supply. This move is in response to research suggesting that consumers are 50% more likely to purchase a cannabis product in sustainable packaging. The company also plans to roll out sustainable packaging for other brands, including RIFF and Broken Coast, later this year.

Portfolio Pulse from Jelena Martinovic

October 17, 2023 | 1:37 pm

CGC

STORZ & BICKEL, a subsidiary of Canopy Growth Corporation (NASDAQ:CGC), has announced the launch of the VENTY, a new portable vaporizer for dry herbs. The device features adjustable air flow, a convection and conduction heater, and cutting-edge heating management and cooling technology. It also offers the fastest heat-up time of any STORZ & BICKEL vaporizer, rapid USB-C charging, and smart connectivity via Bluetooth and a Web App.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2023 | 1:32 pm

JNJ

Johnson & Johnson executive has announced that the company expects to file for regulatory approval for its lung cancer therapy in 2025, according to Reuters.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2023 | 1:29 pm

MBOT

Microbot Medical Inc. (NASDAQ:MBOT) has announced successful initial outcomes of using the LIBERTY Robotic Surgical System in its pivotal pre-clinical study. The company plans to submit an Investigational Device Exemption (IDE) application to the FDA for a pivotal clinical trial in humans, subject to the final report and the completion of the verification and validation process.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2023 | 1:14 pm

TSLA

Tesla Inc has announced a recall of nearly 55,000 Model X vehicles due to reduced braking performance risks. The company is not aware of any crashes, injuries or deaths related to the braking error and will release a software update to fix the issue. Tesla's shares are trading slightly lower, and the company's production numbers were down due to planned factory upgrades. Reports suggest that Tesla's China-made EV sales are down more than 10% on a year-over-year basis.

Portfolio Pulse from Adam Eckert

October 17, 2023 | 1:13 pm

MBOT

Microbot Medical Inc. (NASDAQ:MBOT) announced successful initial outcomes of using its LIBERTY Robotic Surgical System in a pivotal pre-clinical study. The study was conducted by three leading interventional radiologists and achieved 100% usability and technical success with no observed complications. The company plans to submit the Investigational Device Exemption (IDE) application to the FDA, pending the final report and completion of the verification and validation process.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2023 | 1:13 pm

NFTG

The NFT Gaming Company, Inc. (NFTG) plans to launch at least two additional games to its commercial platform during Q4 2023. The new games will be in the multiplayer strategy and puzzle genres, and will include AI and NFT elements. This follows the successful launch of their first two games, Space Striker AI and Brawl Bots. The company aims to bridge the gap between traditional and Web 3.0 gaming.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2023 | 1:11 pm

SNV

Synovus Bank has extended its software deal with Sagent for another five years. The deal will enhance operational efficiency and improve consumer experience for the customer-first banking leader.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2023 | 1:10 pm

SNCY

Sun Country Airlines (NASDAQ:SNCY) plans to expand its international service to Montréal-Trudeau International Airport and Toronto Pearson International Airport in June 2024, pending final approval. The airline has also extended its schedule for customers to book travel through September 10, 2024. The schedule extension includes eight new domestic, seasonal nonstop routes from Minneapolis-St. Paul International Airport. With these new destinations, Sun Country will offer nonstop service from MSP to 98 distinct markets in 2024. The airline will also continue its seasonal service to the cities it launched in summer 2023.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2023 | 1:08 pm

RMNI

Rimini Street, Inc. (NASDAQ:RMNI), a global provider of enterprise software support, products and services, has expanded its Salesforce services to include Rimini Consult for Salesforce. This offers functional and technical consulting, project design, and strategic planning services to help clients grow their business by leveraging the Salesforce ecosystem. The company's professional services help clients evolve their Salesforce platform and minimize integration and interoperability challenges within their enterprise software ecosystem.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2023 | 1:06 pm