CordovaCann (CSE:CDVA/OTCQB:LVRLF) Provides Update on Star Buds Cannabis Retail …

Management and employees in the Star Buds stores have done an excellent job of implementing logistics and marketing initiatives to ensure success during the pandemic, and the Company’s six existing stores continue to perform well this year despite lockdowns still affecting much of the country.

In Manitoba, the two stores in development in Winnipeg continue to move towards final licensing with the first having received initial LGCA license approval and both new locations on track to open in the month of June.

“Our Star Buds team has done an incredible job during such a difficult time for the economy.

is a Canadian-domiciled company focused on building a leading, diversified cannabis products business across multiple jurisdictions including Canada and the United States.

Generally, this forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, “believes”, or variations or comparable language of such words and phrases or statements that certain actions, events or results “may”, “could”, “would”, “should”, “might” or “will be taken”, “occur” or “be achieved” or the negative connotation thereof.

Certain important factors that could cause actual results, performances or achievements to differ materially from those in the forward-looking information including but not limited to: global economic and market conditions; the war on terrorism and the potential for war or other hostilities in other parts of the world; the availability of financing and lines of credit; successful integration of acquired or merged businesses; changes in interest rates; management’s ability to forecast revenues and control expenses, especially on a quarterly basis; unexpected decline in revenues without a corresponding and timely slowdown in expense growth; the Company’s ability to retain key management and employees; intense competition and the Company’s ability to meet demand at competitive prices and to continue to introduce new products and new versions of existing products that keep pace with technological developments, satisfy increasingly sophisticated customer requirements and achieve market acceptance; relationships with significant suppliers and customers; as well as other risks and uncertainties, including but not limited to those detailed from time to time in the Company’s public filings on EDGAR and SEDAR.

Having written $4.6 billion off the value of the businesses in 2018, Verizon will get just $4.25 billion in cash from private equity firm Apollo Global, along with preferred interests of $750 million and a 10% stake in the unit – about half of what it had paid for the businesses.

The new valuation for the Jack Ma-founded company, which has been forced to restructure following scrutiny from Beijing, was $144 billion as at the end of February, based on regulatory filings cited by the WSJ.

For some Berkshire Hathaway shareholders a list of post-pandemic challenges including looming inflation, a dearth of acquisitions and more environmental and social disclosure demands are prompting a rethink on Warren Buffett’s conglomerate.

The Institute for Supply Management said on Monday its index of national factory activity fell to a reading of 60.7 last month after surging to 64.7 in March, which was the highest level since December 1983.

joint recovery fund will soon kick in has fueled optimism.More Than 1.16 Billion Shots Given: Covid-19 Vaccine TrackerWilliamson said increases in employment and investment in machinery and equipment signaled in the survey may help companies overcome the capacity constraints.“This should help bring supply and demand more into line, taking some pressure off prices,” he said.

…Read the full story