Market Newsdesk

ROCHESTER, N.Y., Nov. 24, 2020 (GLOBE NEWSWIRE) — Monro, Inc. (Nasdaq: MNRO), a leading provider of automotive undercar repair and tire services, today announced that its Board of Directors has declared a quarterly cash dividend of $.22 per share on the Company’s outstanding shares of common stock, including the shares of common stock to which the holders of the Company’s Class C Convertible Preferred Stock are entitled. The dividend is payable on December 22, 2020 to shareholders of record at the close of business on December 8, 2020.  

About Monro, Inc.

Headquartered in Rochester, New York, Monro is a chain of 1,242 company-operated stores, 97 franchised locations, seven wholesale locations and three retread facilities providing automotive undercar repair and tire sales and services. The Company operates in 32 states, serving the MidAtlantic and New England regions and portions of the Great Lakes, Midwest, Southeast and Western United States. The predecessor to the Company was founded by Charles J. August in 1957 as a Midas Muffler franchise. In 1966, Monro began to diversify into a full line of undercar repair services. The Company has experienced significant growth in recent years through acquisitions and, to a lesser extent, the opening of newly constructed stores. The Company went public in 1991 and trades on The Nasdaq Stock Market under the symbol MNRO.

NEW YORK, Nov. 24, 2020 (GLOBE NEWSWIRE) — Acreage Holdings, Inc. (“Acreage”) (CSE: ACRG.A.U, ACRG.B.U) (OTCQX: ACRDF, ACRHF) a vertically integrated, multi-state operator of cannabis licenses and assets in the U.S., today announced it will participate in three upcoming virtual investor conferences in November and December, 2020.

Cowen
’s 3

^rd

Annual
Boston (Virtual)
Conference: Interim Chief Executive Officer Bill Van Faasen will participate in a panel of executives from multi-state cannabis operators from the Northeast United States to discuss key issues in the Northeast and Mid-Atlantic regions at Cowen’s third annual Boston (virtual) Conference on November 30, 2020.

Cantor
Fitzgerald
Virtual
MSO Summit
: Chief Financial Officer Glen Leibowitz will participate in a virtual fireside chat at the Cantor Fitzgerald Virtual MSO Conference on December 15, 2020 to discuss current Acreage and cannabis industry issues.

MKM Cross-Sector
Virtual
Investor
Conference: Chief Operating Officer Bob Daino will participate in a virtual fireside chat at the MKM Cross-Sector Global Investor Conference on December 16, 2020 to discuss current Acreage and cannabis industry issues.

ABOUT ACREAGE

Headquartered in New York City, Acreage is a multi-state operator of cannabis ‎cultivation and retailing facilities in the U.S., including the company’s national retail store ‎brand, The Botanist. Acreage’s wide range of national and regionally available cannabis products include the award-winning Botanist brand, the highly recognizable Tweed brand, the Prime medical brand in Pennsylvania, the Innocent edibles brand in Illinois and others. Acreage also owns Universal Hemp, LLC, a hemp subsidiary dedicated to the distribution, marketing and sale of CBD products throughout the U.S. Since its founding in 2011, Acreage has focused on building and scaling operations to create a ‎seamless, consumer-focused, branded experience. More information is available at www.acreageholdings.com.

On June 27, 2019, Acreage implemented an arrangement under section 288 of the Business Corporations ‎Act (British Columbia) with Canopy Growth Corporation (“Canopy Growth”), which was subsequently amended on September 23, 2020 (the “Amended Arrangement”)‎. Pursuant to the Amended Arrangement, ‎upon ‎the occurrence (or waiver by Canopy Growth) of changes in federal laws in the United States to permit the general cultivation, distribution and possession of marijuana (as defined in the relevant legislation) or to remove the regulation of such activities from the federal laws of the United States (the “Triggering Event”), Canopy Growth will, subject to the ‎satisfaction or waiver of certain closing conditions, acquire ‎all of the issued and outstanding Class E subordinate voting shares (the “Fixed Shares”) on the basis of 0.3048 of a Canopy Growth share per ‎Fixed Share (following the automatic conversion of the Class F multiple voting shares and subject to adjustment ‎in accordance with the terms of the arrangement agreement entered into between Acreage and Canopy Growth on April 18, 2019, as amended on May 15, 2019 and on September 23, 2020.

In addition, Canopy Growth holds an option, exercisable at the discretion of Canopy Growth, to acquire all of the ‎issued and outstanding Class D subordinate voting shares (the “Floating Shares”) at the time that Canopy Growth acquires the Fixed Shares, for ‎cash or Canopy Growth shares, as Canopy Growth may determine, at a price per Floating Share based ‎upon the 30-day volume-weighted average trading price of the Floating Shares on the CSE relative to the trading price of the Canopy Growth shares at the time of the ‎occurrence or waiver of the Triggering Event, subject to a minimum price of US$6.41 per Floating Share.

For more information about the Amended Arrangement please see the Acreage proxy statement and management information circular dated August 17, 2020 (the “Circular”) and the respective ‎information circulars of each of Acreage and Canopy Growth dated May 17, 2019, which are available on ‎Acreage’s and Canopy Growth’s respective profiles on SEDAR at www.sedar.com and filed with the SEC on the EDGAR website at www.sec.gov. For additional information regarding ‎Canopy Growth, please see Canopy Growth’s profile on SEDAR at www.sedar.com.

FORWARD LOOKING STATEMENTS

This news release and each of the documents referred to herein contains “forward-looking information” and ‎‎“forward-looking statements” within the meaning of applicable Canadian and United States securities legislation, ‎respectively. All statements, other than statements of historical fact, included herein are forward-looking ‎information, including, for greater certainty, statements regarding the Amended Arrangement, including the likelihood of completion thereof, the ‎occurrence or waiver of the Triggering Event, the satisfaction or waiver of the closing conditions set out in the ‎Arrangement Agreement and other statements with respect to the proposed transactions with Canopy Growth. ‎Often, but not always, forward-looking statements and information can be identified by the use of words such as ‎‎“plans”, “expects” or “does not expect”, “is expected”, “estimates”, “intends”, “anticipates” or “does not anticipate”, ‎or “believes”, or variations of such words and phrases or state that certain actions, events or results “may”, “could”, ‎‎‎“would”, “might” or “will” be taken, occur or be achieved. ‎

Forward-looking statements or information involve known and unknown risks, uncertainties and other ‎factors which may cause the actual results, performance or achievements of Acreage or its ‎subsidiaries to be materially different from any future results, performance or achievements expressed or ‎implied by the forward-looking statements or information contained in this news release. Risks, uncertainties and other factors involved with forward-looking ‎information could cause actual events, results, performance, prospects and opportunities to differ ‎materially from those expressed or implied by such forward-looking information, including, but not ‎limited to financing and liquidity risks, and the risks disclosed in the Circular, Acreage’s ‎management information circular dated May 17, 2019 filed on May 23, 2019, Acreage’s annual report on Form 10-K for the year ended ‎December 31, 2019 ‎dated May 29, 2020 and the amendment thereto on Form 10-K/A ‎dated August 14, 2020, and Acreage’s other public filings, in each case filed with the SEC on the EDGAR website at www.sec.gov and with ‎Canadian securities regulators ‎and available on the issuer profile of Acreage on SEDAR at www.sedar.com. Although Acreage has attempted to identify ‎important factors that could cause actual results to differ materially from those contained in forward-looking ‎information, there may be other factors that cause results not to be as anticipated, estimated or intended. ‎

Although Acreage believes that the ‎assumptions and factors used in preparing the forward-looking information or forward-looking ‎statements in this news release are reasonable, undue reliance should not be placed on such information ‎and no assurance can be given that such events will occur in the disclosed time frames or at all. The ‎forward-looking information and forward-looking statements included in this news release are made as of ‎the date of this news release and Acreage does not undertake any obligation to publicly update such ‎forward-looking information or forward-looking information to reflect new information, subsequent events ‎or otherwise unless required by applicable securities laws.

Neither the Canadian Securities Exchange nor its Regulation Service Provider has reviewed and does not accept ‎responsibility for the adequacy or accuracy of the content of this news release.‎

MISSISSAUGA, Ontario, Nov. 24, 2020 (GLOBE NEWSWIRE) — FirstOnSite Restoration, Canada’s leading independent disaster restoration services provider, has strengthened its presence in Alberta and Saskatchewan with the signing of an agreement to acquire Spectrum Restoration, a family run business since 2006.

Spectrum Restoration is a regional full-service commercial and residential restoration leader with experience managing commercial large loss projects, a focus on utilizing technology and an emphasis on customer service. Spectrum has approximately 40 employees across two locations: Lloydminster and Cold Lake, AB. It is headquartered in Lloydminster – a unique city that straddles the borders of Alberta and Saskatchewan and thus conveniently located to service commercial and residential customers in both provinces.

Spectrum Restoration has been operating for the past 14 years under the leadership of Greg and Travis Stieb. Travis Stieb, who has been instrumental in the growth and development of the commercial large loss business, will be taking on the role of Senior Project Manager, Complex Commercial Division. Rick Stephens, with an extensive background in operations management, will be assuming the role of Branch Manager for both the Lloydminster and Cold Lake locations.

“This acquisition represents an important expansion for FirstOnSite that closes a geographical service gap in the Prairies, allowing us to reach new customers and expand our coverage for our existing partners.” said Bill Moorman, SVP, Western Operations, FirstOnSite Restoration. “By adding Travis to our commercial loss team, we gain a very talented project manager with a reputation for doing what’s right for customers and employees. We see a strong alignment in values in many ways and believe he will be a great addition to FirstOnSite.”

“Spectrum Restoration complements FirstOnSite’s business very nicely and fits in with our strategic focus on growing our commercial capabilities across the country,” said Dave Demos, CEO. “Spectrum is well known for its residential restoration services and its exceptional abilities to manage large loss commercial projects. Combined with the strength that FirstOnSite’s corporate structure offers, we anticipate this acquisition will generate significant growth in the region.”

“FirstOnSite has been a trusted partner and we are thrilled at the opportunity to join forces with a large, sophisticated company that shares the same passion for large loss restoration,” said Travis Stieb, Spectrum Restoration. “With the systems and infrastructure of a large corporation, not only will FirstOnSite provide support and the ability to scale up when large loss disasters hit, it will provide our employees with room for advancement, giving them more potential in their career paths.”

The deal is scheduled to close on December 1, 2020. Terms of the transaction, including purchase price, were not disclosed.

About FirstOnSite Restoration

Founded in 2007 and based in Mississauga, ON, FirstOnSite Restoration Limited is one of the largest emergency restoration and reconstruction service providers in North America. FirstOnSite Restoration is a subsidiary of FirstService Corporation. In 2016, FirstOnSite joined forces with Interstate Restoration, a leading disaster restoration services provider for commercial enterprises in the U.S. With greater than 2,000 employees and more than 75 locations, FirstOnSite Restoration and Interstate assist property owners and businesses in recovering from fire, flood, natural and human-caused disasters.

For more information visit: www.firstonsite.ca or call 1.877.778. 6731, and follow @firstonsite on Twitter at www.twitter.com/firstonsite.

Press Contact:

Christine Alfred
MAVERICK
(416) 577-4052
[email protected]

NORTHRIDGE, Calif., Nov. 24, 2020 (GLOBE NEWSWIRE) — (via InvestorWire) – Innovative Payment Solutions (“Innovative” or the “Company”) (OTCQB: IPSI), a U.S.-based fintech company building a 21st century digital payment solution, today announces the launch of a joint marketing venture with social marketing company Planet Hunny, Inc (“Planet Hunny”) to help expand the Company’s reach to the U.S.-based Latino community of 17 million people.

The joint marketing venture will leverage Planet Hunny’s influencers in order to reach specific Latin-American markets to expand Innovative’s access to Hispanic users and also will work toward the cross-pollination of all customers in Innovative’s network, introducing them to Planet Hunny.

Innovative brings to the joint marketing venture its extensive experience from the five years of its operations in Mexico, with over 2 million local users and a built-up fintech ecosystem in place that uses multiple devices in order to help meet the needs of both consumers and service providers.

Planet Hunny has established relationships with a variety of influencers and celebrities in sports, modeling and the pageantry world and is able to reach audiences of between 10 million and 20 million people in these niches, resulting in a scope of more than 35 million total users. Planet Hunny’s association with Being Latino, one of the nation’s leading U.S. Hispanic social media marketing companies, should also be particularly invaluable, and it is expected that its influencer and celebrity force will act as a traffic generator for the Innovative platform and ecosystem through a joint collaboration and marketing campaign.

“We see a tremendous opportunity for Innovative to reach new users, including millennials and Gen Z, by entering into this relationship,” stated William Corbett, president and CEO of Innovative. “Planet Hunny’s network and marketing expertise will provide us with additional exposure to Latino communities while approaching vertical markets. We believe it is a perfect tool to reach more users and offer our services to targeted underbanked and unbanked Latin-American users. Planet Hunny has built a solid team of seasoned professionals with a strong advisory board. We are extremely excited about this engagement.”

“Planet Hunny is a believer in execution,” added Jeff Vanderpol, president and founder of Planet Hunny. “Our companies have identified multiple points where our interests are mutually aligned, and we view this engagement as beneficial to our respective business models. Innovative will be our major fintech client, and we are looking forward to leveraging our expertise, merging our efforts and serving the unbanked/underbanked communities together.”

About
Planet
Hunny

Planet Hunny is a content platform that aggregates content from social influencers and affiliate partners to create a unique discovery experience for users. The company is also building a powerful database with new insights and trends daily, while creating a formidable customization “mirror” of user preferences based on the ultimate data analytics to offer products and services reflecting user desires. Planet Hunny is a proud Host Channel Partner of Being Latino – the No.2 most engaging branded content publisher in the U.S. on Facebook year-to-date. (http://www.Hunny.io/)

About Innovative Payment Solutions, Inc

Innovative Payment Solutions, Inc. (“Innovative”) strives to offer cutting-edge digital payment solutions for consumers and service providers. Innovative’s ecosystem will span multiple devices, such as self-service kiosks, mobile applications and POS terminals, offering alternative payment methods, including money remittance, to meet the needs of consumers and service providers. (https://www.innovatepaysolve.com)

SAFE HARBOR STATEMENT

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statement of historical fact contained in this press release are forward-looking statements. In some cases, forward-looking statements can be identified by terminology such as “anticipate,” “believe,” “can,” “continue,” “could,” “estimate, “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should” or “will” or the negative of these terms or other comparable terminology and include statements regarding expanding the Company’s reach to the U.S.-based Latino community of 17 million people; Planet Hunny’s association with Being Latino being particularly invaluable; Being Latino’s influencer and celebrity force acting as a traffic generator for the Innovative platform and ecosystem; the opportunity for the Company to reach new users, including millennials and Gen Z, by entering into the relationship; and Planet Hunny being a perfect tool to reach more users and offer the Company’s services to targeted underbanked and unbanked Latin-American users. These forward-looking statements are based on expectations and assumptions as of the date of the press release and are subject to a number of risks and uncertainties, many of which are difficult to predict that could cause actual results to differ materially from current expectations and assumptions from those set forth or implied by any forward-looking statements. Important factors that could cause actual results to differ materially from current expectations include, among others, our ability to leverage Planet Hunny’s influencers to expand the Company’s reach to the U.S.-based Latino community of 17 million people; our ability to use Planet Hunny’s association with Being Latino to generate traffic for the Company’s platform and ecosystem; our ability to use Planet Hunny’s network and marketing expertise to reach new users, including millennials and Gen Z; the contribution of Planet Hunny to reaching more users and offer the Company’s services to targeted underbanked and unbanked Latin-American users; our ability to position the Company for future profitability; the duration and scope of the COVID-19 outbreak worldwide, including the impact to the economies in California and Mexico; and the other factors discussed in the Company’s Annual Report on Form 10-K for the year ended Dec. 31, 2019, and the Company’s subsequent filings with the SEC, including subsequent periodic reports on Forms 10-Q and 8-K. The information in this release is provided only as of the date of this release, and the Company undertakes no obligation to update any forward-looking statements contained in this release on account of new information, future events or otherwise, except as required by law.

For investor inquiries, please call (818) 864-4004 or email: [email protected].

Corporate Communications:

InvestorBrandNetwork (IBN)
Los Angeles, California
www.InvestorBrandNetwork.com
310.299.1717 Office
[email protected]

SAN DIEGO, Nov. 24, 2020 (GLOBE NEWSWIRE) — Kura Oncology, Inc. (Nasdaq: KURA), a clinical-stage biopharmaceutical company committed to realizing the promise of precision medicines for the treatment of cancer, today announced that it will be hosting a virtual investor event to provide a review of the Company’s oral, potent and selective menin inhibitor, KO-539, following the oral presentation of preliminary clinical data at the 62nd American Society of Hematology (ASH) Annual Meeting. The event will feature members of the Kura management team along with two of the investigators from KOMET-001, an ongoing Phase 1/2A clinical trial of KO-539. The virtual event will take place at 2:00 p.m. ET / 11:00 a.m. PT on Saturday, December 5, 2020.

A live video webcast of the event will be available in the Investors section of Kura’s website at www.kuraoncology.com, with an archived replay available shortly after the conclusion of the event.

About Kura Oncology

Kura Oncology is a clinical-stage biopharmaceutical company committed to realizing the promise of precision medicines for the treatment of cancer. The Company’s pipeline consists of two wholly owned small molecule drug candidates that target cancer signaling pathways where there is a strong scientific and clinical rationale to improve outcomes by identifying those patients most likely to benefit from treatment. Kura’s most advanced drug candidate is tipifarnib, a potent, selective and orally bioavailable farnesyl transferase inhibitor currently in a registration-directed trial (AIM-HN) in patients with recurrent or metastatic HRAS mutant head and neck squamous cell carcinoma. The Company’s pipeline is also highlighted by KO-539, a potent and selective menin inhibitor currently in a Phase 1/2A clinical trial (KOMET-001) in patients with relapsed or refractory acute myeloid leukemia. For additional information about Kura, please visit the Company’s website at www.kuraoncology.com.

Contacts

Company:
Pete De Spain
Vice President, Investor Relations &
Corporate Communications
(858) 500-8803
[email protected]

Investors:
Robert H. Uhl
Managing Director
Westwicke ICR
(858) 356-5932
[email protected]

Media:
Jason Spark
Managing Director
Canale Communications
(619) 849-6005
[email protected]