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... perfect time for a down $DKNG year after Jason ROBINHOOD Robins and his merrymen took all the value from shareholders last year, but will want much more in 2021 before diluting more ... #TakeProfits #ExtremelyValuableDueDiligence
... it’s documented, but you’re DD failed ... $QS
... WE IN THE ICONIC 2020 RAP UP ... $SBVCF
This is BIG news!
... happy 2021 ... #TakeProfits
... we REALIZED tho ... $QS
... we’ve closed our $QS short positions ...
... JAY-Z SOCIAL IMPACT SPAC ... #2021
Caliva set the pace for cannabis innovation in 2020 by launching Shawn “JAY-Z” Carter’s MONOGRAM line, expanding its delivery and retail footprint in key California markets, and entering into definitive transaction agreements with Subversive Capital Acquisition Corp. ("SCAC"), a special purpose acquisition company (“SPAC”), to form TPCO Holding Corp. (“The Parent Company”), the largest vertically integrated cannabis platform in California
SAN JOSE, Calif.--(BUSINESS WIRE)-- Caliva, the largest vertically integrated, omnichannel cannabis company in California, closes 2020 with a myriad of exciting milestones and the momentum to build on in 2021. Successful new brand and product launches, retail delivery expansion, social justice efforts and strategic growth partnerships ensure that consumers will have even more to look forward to from this cannabis powerhouse in the coming year.
“In a year as unprecedented as 2020,” Caliva CEO Dennis O’Malley concedes, “we were thrilled to build on Caliva’s success by growing our consumer reach, expanding our social equity work, and bringing new innovation to the world of cannabis. With all that the Caliva team has accomplished in 2020, we’re looking forward to continuing our momentum into 2021.”
In December, Caliva partner, Shawn “JAY-Z” Carter, introduced his first cannabis brand, MONOGRAM, to the world. Following 18 months of careful strain selection and meticulous cultivation practices, the line has quickly become both a media and consumer darling. Media from the Los Angeles Times to Maxim featured the launch, while organic mentions from DJ Khaled’s Instagram to Late Night with Jimmy Fallon and Saturday Night Live drove national attention for the brand. MONOGRAM’s launch proved to be the most successful in Caliva history.
Coinciding with the MONOGRAM launch, Caliva also extended its delivery footprint with the opening of its Hanford delivery depot, the fifth for Caliva in California. Extending the company’s reach to the underserved market of the Central Valley, Hanford is setting new records for Caliva as its fastest growing delivery depot. As part of the ongoing direct-to-consumer growth, Caliva also received license approval for a sixth delivery depot in Chula Vista to cover the San Diego market. Between Hanford and the future Chula Vista depots, Caliva will serve more than 5 million additional Californians – enabling Caliva to deliver to over 58% of California’s population.
In addition to retail and delivery expansion, Caliva’s roll-out of new fulfilment types, including scheduled and express delivery, curbside pick-up and car-hop, powered growth in Caliva.com’s user base, allowing customers to access cannabis on their terms. Caliva surpassed 1.5M consumer transactions in its history in 2020. Leveraging Caliva's flywheel of consumer information generated from the company’s direct to consumer business, Caliva's product development team was also able to synthesize feedback and develop products that best match consumer needs. Seeing a demand for value and convenience, the Caliva team was able to rapidly prototype and launch Deli Roll Ups, a 14 gram (half-ounce) of pre-ground flower, packaged with rolling papers, and crutches, ready to fill, roll, and twist for consumer ease of enjoyment. Other 2020 new product innovations include Fresh Flower Vapes, an hCBD Cold Brew Coffee called Soul Grind, and Deli Nickels, the company’s first entry into the edibles market.
Building on the company’s ongoing commitment to social justice causes and in response to the employment crisis created by COVID-19, Caliva partnered with both Chrysalis and Success Centers to build hiring and career mentorship programs. Caliva also supported the growth of two new cannabis brands, Lady Gemini and Calexo, via the company’s Equity Brands Initiative, which seeks to elevate and support cannabis brands started by women and people of color, particularly those negatively impacted by the injustices of the War on Drugs here in California. Through this initiative, Caliva provided Lady Gemini and Calexo with dedicated shelf space and marketing promotion to help build a robust following with Caliva’s customers and in the larger California cannabis community.
Finally, in November, Caliva, California’s most trusted cannabis brand and leading direct-to-consumer platform, along with global icon, entrepreneur and MONOGRAM creator, Shawn “JAY-Z” Carter, entertainment powerhouse Roc Nation, and Left Coast Ventures, Inc. (Left Coast Ventures), a predominant cannabis and hemp company with low-cost manufacturing and a diversified portfolio of brands, entered into definitive transaction agreements with Subversive Capital Acquisition Corp. (NEO: SVC.A.U, SVC.WT.U; OTCQX: SBVCF) ("SCAC"), a special purpose acquisition company (SPAC), to form The Parent Company (the Transaction). SCAC is the largest SPAC in both cannabis and Canadian history and will seek to redefine the industry with a mission to both consolidate the California cannabis market and create an impactful global company. A copy of the final prospectus (the Prospectus) associated with the Transaction is available on SEDAR at www.sedar.com and on SCAC’s website at www.subversivecapital.com/s/Prospectus. Steve Allan, who will become The Parent Company’s CEO following closing of the Transaction on or around January 15, 2021, said: “In addition to building the most influential portfolio of cannabis and hemp brands in the world, The Parent Company’s vertical operational platform has been designed for growth and future mergers and acquisitions, forging a path to redefine and consolidate the cannabis industry in California.”
Caliva is poised for a 2021 filled with even more achievement through the formation of The Parent Company while further leading the cannabis industry in meaningfully addressing social justice in cannabis through the establishment of its $10 millionSocial Equity Fund.
About Caliva
Caliva is a leading single-state cannabis operator in California. Founded in 2015, Caliva’s industry advantage comes from its vertical integration and direct-to-consumer platform. This direct-to-consumer experience enables customers to purchase cannabis at Caliva’s retail stores and place orders online for in-store pickup or same-day delivery straight to their door. Caliva’s plant-based solutions are designed to fit any lifestyle. Caliva’s commitment to compliance and quality reinforce its position as THE MOST TRUSTED NAME IN CANNABIS™. For more information visit caliva.com or follow along on Instagram, @GoCaliva.
About MONOGRAM
MONOGRAM is the first cannabis brand introduced by Shawn 'JAY-Z' Carter, marking a new chapter in the space defined by dignity, care and consistency. Honoring the craft of cannabis and the artisans who have been working with the plant for millennia, the MONOGRAM team uses careful strain selection, premium flower grown in California and meticulous cultivation practices to ensure a superior smoke. Launching with four proprietary strains designated "light," "medium" or "heavy," MONOGRAM distinguishes each of its products with a clearly defined sensory experience. The core line includes 2g and 4g jars of flower, the Loosies Preroll Pack, and The OG Handroll – a one-of-a-kind, cigar-style handroll intended to burn slowly and evenly for multiple sessions. For more information visit www.monogramcompany.com or follow along on Instagram, @MONOGRAMCOMPANY.
About Roc Nation
Roc Nation, founded in 2008 by JAY-Z, has grown into the world’s preeminent entertainment company. Roc Nation works in every aspect of modern entertainment, with recording artists, producers, songwriters, and more. Roc Nation’s client list includes some of the world’s most recognizable names in entertainment, from Rihanna and Rapsody to Buju Banton and Snoh Aalegra. Roc Nation is a full-service organization, supporting a diverse roster of talent via artist management, music publishing, touring, production, strategic brand development, and beyond. Roc Nation Sports was founded in 2013, bringing the organization’s full-service touch to athletes across the NFL, NBA, MLB, and global soccer. For further information, visit rocnation.com.
About Left Coast Ventures
Headquartered in Santa Rosa, CA, Left Coast Ventures is a diversified cannabis and hemp company specializing in cultivation, extraction, manufacturing, brand development, and distribution. Left Coast Ventures and its subsidiaries are working to shape the future of the legal cannabis industry in the United States through acquisitions, investments, and incubation while building a respected portfolio of top shelf brands. Wholly owned, licensed, and/or distributed brands within the Left Coast Ventures portfolio include Marley Natural, Mind Your Head by Mickey Hart, Mirayo by Carlos Santana, JEF, SoulSpring, Provault, Chill, Headlight, Get Zen, New Frontier Brewing, and Yummi Karma/High Gorgeous.
About Subversive Capital Acquisition Corp.
SCAC is a special purpose acquisition corporation incorporated under the laws of the Province of British Columbia for the purpose of effecting, directly or indirectly, a qualifying transaction within a specified period of time. Founded by Michael Auerbach and led by Chief Executive Officer, Leland Hensch, SCAC is dedicated to investing in radical companies whose core missions subvert the status quo. For more information, visit www.subversivecapital.com.
Forward Looking Statements
This press release may contain forward-looking information within the meaning of applicable securities legislation which reflects Caliva’s current expectations regarding future events. The words “will”, “expects”, “intends” and similar expressions are often intended to identify forward looking information, although not all forward-looking information contains these identifying words.
Specific forward-looking information contained in this press release includes, but is not limited to, statements concerning Caliva business expansion plans for 2021, the completion of the Transaction and the expected timing thereof, and The Parent Company’s size and operations following closing of the Transaction. Forward-looking information is based on a number of assumptions and is subject to a number of risks and uncertainties, many of which are beyond Caliva and SCAC’s control, which could cause actual results and events to differ materially from those that are disclosed in or implied by such forward-looking information. Such risks and uncertainties include, but are not limited to: failure to complete the Transaction, inability to obtain requisite regulatory or shareholder approvals, changes in general economic, business and political conditions, changes in applicable laws, the U.S. and Canadian regulatory landscapes and enforcement related to cannabis, changes in public opinion and perception of the cannabis industry, reliance on the expertise and judgment of senior management, as well as the factors discussed under the heading “Risk Factors” in the Prospectus which is available on SEDAR at www.sedar.com. Caliva and SCAC undertake no obligation to update such forward-looking information, whether as a result of new information, future events or otherwise, except as expressly required by applicable law. - [url]https://www.businesswire.com/news/home/20201231005195/en/
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... ROFLMFAO ... $DKNG
Happy New Year.
... short started ... $NKLA #EOY
... so jack will give jay-z the banking and jay-z will give jack the music ... $SBVCF #TheParentCompany #TheDynasty
... lololololololol ... $NKLA
... coal-powered ... #NoChristmas #ROFLMFAO
... he started the site just as he became CEO of $TRTC and that was after his MAZZUTO SCAM scheme was exposed, but there's so much more! ... #CancelYourChristmas
... THE BLACK TAX ... $SBVCF #LootWallStreet
More than that because the US government will end up buying social equity bonds here to make up for the roughly $20 Trillion dollars that #BlackLivesMatter community is collectively owed and the math has been done already, but that is the first year estimates.
... THIS IS ACTUALLY A BANK STOCK ... $SBVCF
This is going to $200 per share. #LootWallStreet
Click here for the receipts!
... so good, but #WhitePrivilege banksters will unfortunately be against this stock ...
... MICHAEL AUERBACH IS MY HERO ... $SBVCF
Michael Auerbach is the Founder of Subversive Capital, which is dedicated to investing in radical companies. He sits on the Board of Directors of Tilray, Inc. – the first Nasdaq-listed global cannabis company – and holds several directorships with companies that Subversive invests in. He also serves as a Senior Vice President at Albright Stonebridge Group, the global consulting firm chaired by former Secretary of State, Madeleine Albright. In this podcast, we discuss:
Launching a SPAC (SBVCF) with Jay-Z for the cannabis sector
The bullish case for the California cannabis market
Why Canada’s legalization of cannabis has still seen illicit trade increase
The financing challenge for cannabis companies
Why brands are where the value is
How the Biden administration will accelerate legalisation
The political and cultural reasons for banning cannabis over alcohol
The Portugal case of decriminalisation
Books that influenced Michael: Far From the Tree (Solomon), How to Change Your Mind (Pollan), Sapiens (Harari), History of Sexuality (Foucault), Glas (Derrida), King Leopold’s Ghost (Hochschild), Malcolm X, Say Nothing (Keefe) - insert-text-here
... they call Derek Peterson Oppedisano the Penny Stock Jock for a reason ... $TRTC #SCAMALERT
... BEWARE OF THIS SCAM ... $TRTC
... $23.12 ... $SCHL
... thanks again, i appreciate the timely share ... $SBVCF
... TOO BORING TOO WAIT ...
Why isn’t this running yet?
... that’s why I am here, taking profits mean realizing gains not giving up on the company ... $FSR #BeGreedy #TakeProfits #LootWallStreet
... needs 40% drop ... $NKLA #LootWallStreet
... stop gambling and start investing ... $FSR #TRASH
... always take profits ... $BB #HappyHolidays
... brilliant ... $GRAM
Scholastic Fiscal Q2 GAAP EPS, Revenue Miss Expectations; Shares Slip After-Hours
MT NEWSWIRES 4:18 PM ET 12/17/2020
04:18 PM EST, 12/17/2020 (MT Newswires) -- Scholastic (SCHL) on Thursday reported fiscal Q2 non-GAAP diluted EPS of $1.15, down from $2.06 a year ago.
GAAP EPS declined to $1.02 from $2.02. That missed the $1.38 consensus estimate of analysts polled by Capital IQ.
Revenue in the quarter ended November fell to $406.2 million from $597.2 million. The revenue missed the projection of analysts polled by Capital IQ of $528 million.
The company decided not to issue a financial outlook for the fiscal year 2021 due to the ongoing variability in school instruction patterns and schedules due to the COVID-19 pandemic.
The board maintained a quarterly dividend of $0.15 per share, payable on March 15 to shareholders of record on Jan. 29.
Price: 25.76, Change: -1.15, Percent Change: -4.27
NEW YORK, Dec. 17, 2020 /PRNewswire/ -- Scholastic (NASDAQ: SCHL), the global children's publishing, education, and media company, today announced two key leadership appointments. Effective January 1, 2021, Beth Polcari, current Executive Vice President and President, Scholastic Magazines Group, will transition to the role of President, International. She succeeds Nelson Hitchcock who, after a 15-year career at Scholastic, will retire at the end of this year. Rose Else-Mitchell is rejoining Scholastic as President, Education Solutions and over the next six months, will work with current Scholastic Education President Greg Worrell and Ms. Polcari to combine their existing two divisions into a single Education Solutions group, which Ms. Else-Mitchell will lead effective June 1, 2021. After leading his division through this transition, Mr. Worrell will continue to advise on strategic partnerships until his planned retirement after 30 years in December 2021. In these roles, Ms. Polcari, Ms. Else-Mitchell, and Mr. Worrell will report directly to Richard Robinson, Chairman and Chief Executive Officer of Scholastic.
... they don’t even like the Canadian THC market, but that’s all they will have ... $TLRY
... once they lose Michael Steele and that's coming shortly this will fade ... $TLRY
... dividend news ... $SCHL
... SCHOOL OF ROC ... $SBVCF #LootWallStreet
ROC NATION AND LONG ISLAND UNIVERSITY ESTABLISH
ROC NATION SCHOOL OF MUSIC, SPORTS & ENTERTAINMENT
School to Educate the Next Generation of Industry Changemakers at LIU Brooklyn
-ROC NATION HOPE SCHOLARSHIPS TO SUPPORT A DEBT-FREE EDUCATION FOR 25% OF ENROLLED STUDENTS-
NEW YORK (August 04, 2020) — Roc Nation, a preeminent global entertainment company, and Long Island University, a nationally ranked university, have engaged in a historic collaboration to form the Roc Nation School of Music, Sports & Entertainment, enrolling students at LIU Brooklyn beginning fall 2021.
The Roc Nation School of Music, Sports & Entertainment will prepare students for a wide range of careers in performance, entrepreneurship, all aspects of music, and sports business management. Students will engage with university professors, alongside visiting guest artists and lecturers, while participating in immersive internships, ensuring they graduate with both hands-on experience and a network of professional contacts.
Located in JAY-Z’s hometown of Brooklyn, the Roc Nation School of Music, Sports & Entertainment will provide Roc Nation Hope Scholarships for 25 percent of enrolled students. These scholars will graduate from the Roc Nation School of Music, Sports & Entertainment debt-free, and will receive individualized support and mentorship. The Roc Nation Hope Scholars will be selected from a pool of academically competitive, New York-based first-time freshmen with the highest need.
The Roc Nation School of Music, Sports & Entertainment will offer undergraduate degrees in music; music technology, entrepreneurship & production; and sports management.
“Pursuing higher education is an investment in one’s future. This partnership, envisioned alongside LIU President Dr. Cline, is a true investment in our community and young people in Brooklyn, in New York City and beyond,” said Desiree Perez, CEO of Roc Nation. “We’re excited that the Roc Nation School of Music, Sports & Entertainment will provide unique insight, knowledge, and experiences for students and introduce the world to the next generation of unmatched talent.”
“Our proximity in and around New York City’s epicenter of music and sports clearly positions us to offer unparalleled experiential learning and access to professional opportunities that will launch students to success,” said LIU President Dr. Kimberly Cline. “We look forward to joining with Roc Nation to offer an unprecedented educational resource that opens up the entertainment and sports world to a new and eager generation.”
The Roc Nation School of Music, Sports & Entertainment will begin accepting applicants for the Fall 2021 semester this fall.
“After many years of working with LIU, I know how important music and sports are to both Dr. Cline and the LIU Board of Trustees, so I was thrilled to be able to partner with them for the first-ever Roc Nation School of Music, Sports & Entertainment,” said Brett Yormark, Roc Nation’s President of Business Operations & Strategy. “Expansion beyond our inaugural school will certainly be considered in collaboration with Dr. Cline.”
According to LIU Board Chairman Eric Krasnoff, “We are proud to offer students the extraordinary scholarship and learning opportunities they need to achieve their goals through this creative collaboration. It embodies Long Island University’s renown as a destination for world-class education, exceptional career development, and empowering cultural initiatives.”
In addition to the college program, the School will offer camps for aspiring students. Young talent will be developed through summer residential camps for high school students and year-round Saturday programs for ages 10-18 in music and sports management, starting in the spring of 2021. Need-based scholarships will also be available for the camps.
ABOUT ROC NATION
Roc Nation, founded in 2008 by JAY-Z, has grown into the world’s preeminent entertainment company. Roc Nation works in every aspect of modern entertainment, with recording artists, producers, songwriters, and more. Roc Nation’s client list includes some of the world’s most recognizable names: from Rihanna and J. Cole to Buju Banton and Snoh Aalegra. Roc Nation is a full-service organization, supporting a diverse roster of talent via artist management, music publishing, touring, production, strategic brand development, and beyond. Roc Nation Sports was founded in 2013, bringing the organization’s full-service touch to athletes across the NFL, NBA, MLB, and global soccer including Todd Gurley, Kyrie Irving, Skylar Diggins-Smith, Robinson Cano, Kevin De Bruyne and more. - https://www.rocnation.com/news/roc-nation-and-long-island-university-establish-roc-nation-school-of-music-sports-entertainment/" rel="nofollow" target="_blank" >SOURCE
... who wants another round of $CCL dilution for Christmas in lieu of value ... #ROFLMFAO
... $27.00 ... $SCHL
... sell here, go there ... $SBVCF
... sell and leave ... $SBVCF