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Charlotte’s Web Holdings Inc. CWBHF, +29.12% CWEB, +26.09% shares are rallying by nearly 23% after the company said it inked an exclusive, multi-year partnership with Major League Baseball to become the first official CBD in the sport. The deal “opens increased CBD visibility to their professional athletes, millions of fans and communities,” after a “rigorous […]

Veritas Capital said Wednesday it drew in $10.65 billion in commitments for Veritas Capital Fund VIII, its latest flagship fund. The pool was “significantly oversubscribed” with demand exceeding its hard cap and initial target of $8.5 billion, the firm said. The flagship fund comes three years after Veritas Capital Fund VII closed with $6.5 billion […]

Merck & Co. Inc. MRK, -0.42% and Moderna Inc. MRNA, +8.76% said Wednesday that they plan to jointly develop and commercialize a personalized cancer vaccine. The investigational vaccine is currently being tested in a Phase 2 clinical trial as a treatment for patients with high-risk melanoma in combination with Merck’s Keytrduda, an anti-PD-1 therapy that […]

Shares of KnowBe4 Inc. KNBE, +12.76% jumped 11% in premarket trades Wednesday after The Wall Street Journal reported that Vista Equity Partners plans to take the cyber security company private for about $4.5 billion. The offer price is nearly $25 a share, a premium over the stock’s close of $21.59 on Tuesday. Citing people familiar […]

CoinCorner, a Bitcoin Lightning-based card payment service provider, is looking to install NFC card readers across El Salvador to offer a seamless retail BTC ex… Source: Cointelegraph

The U.S. Department of Agriculture lowered its 2022/2023 outlook for U.S. wheat exports by 50 million bushels to 775 million bushels, according to a report released Wednesday. That would be the lowest amount of domestic wheat exports since the 1971/1972 marketing year, the government agency said. The USDA cited “reduced supplies, slow pace of export […]