Canopy Growth To Acquire Supreme Cannabis Company – Quick Facts
Canopy Growth Corp. (WEED.TO,CGC) and The Supreme Cannabis Company, Inc. (FIRE.TO) have entered into a arrangement agreement under which Canopy Growth Corp. will acquire all of Supreme Cannabis’ issued and outstanding common shares in a deal valued at approximately $435 million. Supreme Cannabis shareholders will receive 0.01165872 of a Canopy common share and $0.0001 in cash in exchange for each Supreme Cannabis share.
The Supreme Cannabis Company, Inc. is a global diversified portfolio of distinct cannabis companies, products and brands.
Conagra Brands Sees Q4 Profit In Line With View – Quick Facts
Conagra Brands Inc. (CAG) said it expects adjusted earnings per share for the fourth-quarter to be in the range of $0.49 to $0.55. Analysts polled by Thomson Reuters expect the company to report earnings of $0.51 per share for the fourth-quarter. Analysts’ estimates typically exclude special items.
The company projects organic net sales for the fourth-quarter decline in the range of 10% to 12%.
The company reaffirmed its fiscal 2022 guidance. It projects annual adjusted earnings per share to be between $2.63 and $2.73, organic net sales growth at a 3-year CAGR ending fiscal 2022 of 1 to 2 percent. Analysts expect annual earnings of $2.60 per share.
In the third-quarter, Conagra Brand’s net sales increased 8.5% to $2.8 billion. Net sales for the Grocery & Snacks segment increased 10.8% to $1.1 billion in the quarter. Net sales for the Refrigerated & Frozen segment increased 11.7% to $1.2 billion in the quarter. Quarterly net sales for the International segment increased 9.0% to $241 million.
Net sales for the Foodservice segment decreased 17.2% to $194 million in the quarter.
Covid vaccination site closes early after 13 patients suffer bad reactions
Andrew Giuliani ‘Strongly Considering’ Run For New York Governor
NEW YORK (AP) — Andrew Giuliani, the son of former New York City Mayor Rudolph Giuliani and a former aide in the Trump administration, said in interviews Wednesday that he is evaluating a run for governor of New York as a Republican.
Giuliani, 35, who has never held public office, told The New York Times that he was “strongly considering” the idea and looking to make a decision by the end of the month.
He was more emphatic in an interview with the Washington Examiner, saying he planned to run, and “I believe I can win the race.”
The New York governor’s race has gotten more convoluted with all the controversy surrounding Democratic Gov. Andrew Cuomo, who has been expected to run for a fourth term but has been accused by multiple women of sexual harassment in the workplace.
Giuliani was hired last month by the conservative network Newsmax as a contributor.
He was a young child when his father became mayor. At the elder Giuliani’s 1994 inauguration, the then-7-year-old joined his father at the podium, mimicking his gestures and repeating some of his words.
The incident was played for laughs in a “Saturday Night Live” skit starring Chris Farley.
In 2008, he sued Duke University, saying he had been improperly cut from the golf team. The school said the cut was proper and based on bullying behavior, which Giuliani denied. The lawsuit was dismissed in 2010.
Ex-NFL star named as gunman who 'murdered doctor, his wife, and their grandkids'
Attic fire burning at the Odom Memorial Church of God in Christ in Denver
The Denver Fire Department is working at a second-alarm fire in the attic of the Odom Memorial Church of God in Christ in Denver.
The DFD is at the scene. The church is located at 3311 N. Williams St.
It’s not yet clear if there are any injuries or how the fire started, but DFD said no injuries have been reported as of 6:43 a.m.
It was first reported before 6:30 a.m. Thursday.
Read more at thedenverchannel.com.
Take a look at Adidas' new running shoes that can be customized with Legos
- Adidas’ new running shoes can be fitted with Lego bricks on either side of the shoe.
- The Ultraboost DNA x Lego shoes come with different plates that can be swapped out.
- The $200 shoes became available for purchase on Thursday morning.
- See more stories on Insider’s business page.
Adidas revealed its newest shoes that can be customized with Lego blocks on Wednesday.
The Ultraboost DNA shoes, which went on sale Thursday, look like regular Adidas running shoes, but with a Lego twist: they feature plastic strips on the side that can be used to hold Lego plates.
The $200 shoes have three strips on each side and each strip can fit three two-by-two Lego plates.
The running shoes come with a selection of Legos for the shoe, but can also be swapped out for other bricks. They also have a tongue with a Lego design on it, as well as grooves on the toe of the shoe and on the inside of the shoe that emulate the ridges on Lego pieces.
Adidas has been working with Lego on products for quite some time. In October, the two companies announced a multi-year brand partnership.
The new shoe design is Adidas’ latest effort to compete with other brands like Nike. In February, Nike released its first hands-free sneaker for $120.