Top Of Cannabis Industry Trends List Is The Race To Introduce Newer, Stronger Strains
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PALM BEACH, Fla., Jan. 25, 2021 /PRNewswire/ For the past several years the revenue projections for the global cannabis market have continued to rise at an extraordinary pace and the future looks even more impressive. More legalization has created more revenues and more competition for retail operators. In order to keep at the forefront retail dispensaries and growers/producer each have a way to ensure their being on the front of the wave for some time to come. For dispensaries, delivery is essential helping revenues and for growers/producers, new strains will set them apart. According to a recent report
Phoenix American Announces New Client Partnership with Lighthouse Life Capital
New Partnership Reflects Phoenix American Experience with Alternative Investment Funds and Proficiency with All Asset Classes.
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SAN RAFAEL, Calif., Jan. 25, 2021 /PRNewswire/ Phoenix American, a leading fund administration provider, is pleased to announce its new client partnership with Pennsylvania-based life settlement company Lighthouse Life Capital. Phoenix American will fulfill the back-office operational needs of Lighthouse Life with its industry-leading investor services platform featuring the state-of-the-art STAR-XMS shareholder management / transfer agent system. Lighthouse Life will benefit from Phoenix American s combination of advanced technology, partner-oriented client service and long experience with the unique operational requirements of alternative investment funds.
Phoenix American partners with Lighthouse Life Capital
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25/01/2021 - 10:02am
Fund administration provider Phoenix American has formed a new partnership with Pennsylvania-based life settlement company Lighthouse Life Capital.
Phoenix American will fulfil the back-office operational needs of Lighthouse Life with its industry-leading investor services platform featuring the state-of-the-art STAR-XMS shareholder management/transfer agent system. Lighthouse Life will benefit from Phoenix American’s combination of advanced technology, partner-oriented client service and long experience with the unique operational requirements of alternative investment funds.
Lighthouse Life Capital’s fixed income debt investments, Beacon Bonds, provide investors the ability to participate in the life settlement asset class. Lighthouse Life’s strategy is to source and purchase unwanted, unneeded or unaffordable life insurance policies and generate revenue from the resale of the polic
Village Farms International Completes US$135 Million Registered Direct Offering
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Village Farms or the
Company ) (NASDAQ: VFF) (TSX: VFF), announced today that it has closed its previously announced registered direct offering with certain institutional investors for the purchase and sale of an aggregate of 10,887,097 common shares at a purchase price of US$12.40 (approximately CA$15.70) per unit for gross proceeds of approximately US$135 million (approximately CA$171 million) before placement agent fees and other offering expenses payable by Village Farms.
The net proceeds from this offering are intended to be used for general working capital purposes.
Upon closing of the offering there were 77,818,908 issued and outstanding common shares of Village Farms.