Fintech PR
Legal Barriers Falling for the Cannabis Market’s Rampant Growth
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The cannabis market has begun to garner worldwide attention as more countries move to adopt cannabis legislation. Primarily, most countries are looking to adopt medical cannabis laws. Countries that have adopted medical legislation are leveraging cannabis to treat certain medical applications such as cancer, chronic pain, epilepsy, Alzheimer’s, and Parkinson’s disease. Throughout the past year, the cannabis industry has made significant milestones as the U.S. Food and Drug Administration approved its first cannabis-derived drug to treat epilepsy in children. Shortly after, the U.S. Drug Enforcement Agency removed CBD, or cannabidiol, off the Schedule 1 list. CBD-based products that have less than 0.1% THC concentrate will now be considered a Schedule 5 drug, as long as the medication has been approved by the FDA. Furthermore, the FDA recently scheduled a public hearing to be held in May as the agency looks to legalize CBD in food and drinks. The combination of these events has led to the exponential growth of the overall cannabis market. Moreover, as legalization efforts continue, other countries are expected to be influenced and potentially follow in legalizing cannabis. According to data compiled by Grand View Research, the global legal marijuana market was valued at USD 9.3 Billion and is expected to reach USD 146.4 Billion by the end of 2025. Additionally, the market is projected to register a CAGR of 34.6%. CLS Holdings, USA Inc. (OTC: CLSH) (CSE: CLSH.U), Charlotte’s Web Holdings, Inc. (OTC: CWBHF) (CSE: CWEB), Cresco Labs Inc. (OTC: CRLBF) (CSE: CL), Zynerba Pharmaceuticals, Inc. (NASDAQ: ZYNE), Neptune Wellness Solutions Inc. (NASDAQ: NEPT) (TSX: NEPT)
Research and studies conducted within the cannabis industry have helped in adding credibility to the plant. However, the FDA ruled that due to the lack of large-scale and efficient clinical trials, the agency cannot approve cannabis as a registered treatment, yet. Now, researchers and companies involved within the industry are expanding their studies to help expand the cannabis market further. The FDA’s concern over cannabis becoming a legitimate medicine alternative signals the steps the market has taken. Decades ago, cannabis was internationally illegal. Now, countries including Australia, Canada, Columbia, Germany, the Netherlands, Spain, and the U.S. have all adopted cannabis legislation of some form. Moving forward, as more governments and regulatory agencies focus on the topic of cannabis legalization, the cannabis industry can become the next emerging global market. “It’s critical that we address these unanswered questions about CBD and other cannabis and cannabis-derived products to help inform the FDA’s regulatory oversight of these products — especially as the agency considers whether it could be appropriate to exercise its authority to allow the use of CBD in dietary supplements and other foods,” outgoing FDA Commissioner Scott Gottlieb recently said in a statement.
CLS Holdings, USA Inc. (OTCQB: CLSH) (CSE: CLSH.U) is also listed on the Canadian Securities Exchange under the ticker (CSE: CLSH.U). Earlier last week, the Company announced that, “since acquiring Oasis Cannabis Dispensary in Las Vegas, Nevada, CLS Holdings USA, Inc. (OTCQB: CLSH) (CSE: CLSH.U) has been working to elevate the entire customer experience behind cannabis. The catchphrase “New Oasis, Same Faces” assures customers that they will still receive the same care and attention they’ve come to expect from Oasis Cannabis, only now in a totally redesigned, modern, and fresh facility. The new space is more accessible, inviting and vibrant, with the same friendly and knowledgeable staff. Over the past few months, walls have been torn down and the color scheme have been modernized from lime green to bright white with blue accents, evoking a vibrant and calming feel. LED lit display cases are purposefully and openly situated, allowing customers ample room to explore products. The large white bud bar hosts the budtender, who is able to curate a better user experience through education and a diverse product selection. At the heart of the renovation is improving customer experience – but the company’s dedication to education, compassionate care, and community enrichment remain the same.
All are welcome to join the Oasis Cannabis Grand Reopening Party, which will take place at the dispensary on Saturday April 6th 2019 from 12:00pm – 10:00pm. The event will feature vendors on-site, live art, live music, food trucks, and special prices. The dispensary is located at 1800 Industrial Rd #180, Las Vegas, NV 89102.
About Oasis Cannabis: Oasis Cannabis has operated a cannabis dispensary in the Las Vegas market since dispensaries first opened in Nevada in 2015 and has been recognized as one of the top marijuana retailers in the state. Its location within walking distance to the Las Vegas Strip and Downtown Las Vegas in combination with its delivery service to residents allows it to efficiently serve both locals and tourists in the Las Vegas area. In February 2019, it was named “Best Dispensary for Pot Pros” by Desert Companion Magazine.
In August 2017, the company commenced wholesale offerings of cannabis in Nevada with the launch of its City Trees brand of cannabis concentrates and cannabis-infused products. http://oasiscannabis.com
About City Trees: Founded in 2017, City Trees is a Nevada based cannabis cultivation, production and distribution company. Offering a wide variety of products with consistent results, City Trees is one the fastest growing wholesale companies in the industry. Its products are now available at 40 dispensaries. https://citytrees.com
About CLS Holdings USA, Inc: CLS Holdings USA, Inc. (OTCQB:CLSH) (CSE:CLSH), is a diversified cannabis company that acts as an integrated cannabis producer and retailer through its Oasis Cannabis subsidiaries in Nevada, and plans to expand to other states. CLS stands for “Cannabis Life Sciences,” in recognition of the Company’s patented proprietary method of extracting various cannabinoids from the marijuana plant and converting them into products with a higher level of quality and consistency. The Company’s business model includes licensing operations, processing operations, processing facilities, sale of products, brand creation and consulting services.”
For our latest “Buzz on the Street” Show featuring CLS Holdings, USA Inc. recent corporate news, please head over to:
Charlotte’s Web Holdings, Inc. (OTCQX: CWBHF) (CSE: CWEB) is the market leader in the production and distribution of innovative hemp-based cannabidiol wellness products. Recently, Charlotte’s Web Holdings, Inc. surpassed 3,000 retail locations across the United States. At the end of 2017, Charlotte’s Web products were sold in approximately 2,000 locations. The Company had recently that it surpassed its 2018 year-end goal of 3,000 locations during the 3rd quarter. With CBD gaining mainstream market momentum, Charlotte’s Web, the industry pioneer and category leader in hemp-based CBD, has expanded its suite of product offerings across a wider variety of retailers, from small specialty health food stores to now including regional pharmacy and grocery chains. “Firstly, I would like to commend our incredible and committed staff who worked tirelessly to achieve this milestone,” stated Charlotte’s Web Chief Executive Officer Hess Moallem. “I would also like to thank our dedicated retail partners for their continued support of our mission and for valuing the trust that is closely associated with our brand name.”
Cresco Labs Inc. (OTCQX: CRLBF) (CSE: CL) and CannaRoyalty Corp. d/b/a Origin House (CSE: OH) (OTCQX: ORHOF) recently announced that they have entered into a definitive agreement, pursuant to which Cresco Labs will acquire all of the issued and outstanding shares of Origin House. Under the terms of the Agreement, holders of common shares of Origin House will receive 0.8428 subordinate voting shares of Cresco Labs for each Origin House Share. Origin House has become a leading distributor and provider of brand support services in California, the world’s largest regulated cannabis market. Origin House’s proven strategy has been to build relationships with established dispensaries, build partnerships with established market-leading brands, develop promising cannabis product companies, and then leverage its full suite of support services to transform those products into strong California consumer brands. Origin House delivers over 50+ cannabis brands to more than 500 dispensaries in California, representing approximately 60% market penetration. “The acquisition of Origin House is another example of our focused and disciplined approach to creating a meaningful presence in key cannabis markets through excellence in brand development and distribution,” said Cresco Labs Chief Executive Officer and Co-founder Charlie Bachtell.
Zynerba Pharmaceuticals, Inc. (NASDAQ: ZYNE) is the leader in pharmaceutically-produced transdermal cannabinoid therapies for rare and near-rare neuropsychiatric disorders. Zynerba Pharmaceuticals, Inc. recently announced that it has initiated the Phase 2 BRIGHT (An Open-Label Tolerability and Efficacy Study of ZYN002 Administered as a Transdermal Gel to Children and Adolescents with Autism Spectrum Disorder) trial. The trial will assess the safety, tolerability and efficacy of Zygel (previously referred to as ZYN002) for the treatment of child and adolescent patients with Autism Spectrum Disorder (ASD). The Company expects to present topline data from this study in the first half of 2020. Clinical and anecdotal data suggest that CBD may modulate the EC system and improve certain core social and behavioral autism-related symptoms, including social avoidance and anxiety. “Autism spectrum disorder can have a devastating impact on a child and their family,” said Armando Anido, Chairman and Chief Executive Officer of Zynerba. “The medical need is significant and unmet despite high awareness and advocacy efforts. Though there has been an accelerating rate of diagnosis, to date there are only two FDA approved products indicated for the treatment of ASD symptoms.”
Neptune Wellness Solutions Inc. (NASDAQ: NEPT) (TSX: NEPT) specializes in the extraction, purification and formulation of health and wellness products. Neptune Wellness Solutions Inc. recently announced that it had completed its initial commercial production lots and is now shipping cannabis extracts from its licensed, GPP facility in Sherbrooke, Quebec. “The quality of the extracts in Neptune’s first production runs at our state-of-the-art facility has been terrific, and we are proud to begin deliveries. This marks an important step forward in the execution of our vision to lever our decades of extraction and wellness industry experience towards becoming the world’s leader in the extraction, purification and formulation of value-added, differentiated cannabis products,” said Jim Hamilton, President and Chief Executive Officer of Neptune.
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STOCKHOLM, April 7, 2025 /PRNewswire/ — Between 31 March 2025 and 4 April 2025 EQT AB (LEI code 213800U7P9GOIRKCTB34) (“EQT”) has repurchased in total 602,996 own ordinary shares (ISIN: SE0012853455).
The repurchases form part of the repurchase program of a maximum of 4,931,018 own ordinary shares for a total maximum amount of SEK 2,500,000,000 that EQT announced on 11 March 2025. The repurchase program, which runs between 12 March 2025 and 16 May 2025, is being carried out in accordance with the Market Abuse Regulation (EU) No 596/2014 and the Commission Delegated Regulation (EU) No 2016/1052.
EQT ordinary shares have been repurchased as follows:
|
Date: |
Aggregated volume |
Weighted average |
Aggregated |
|
31 March 2025 |
106,000 |
304.2864 |
32,254,358.40 |
|
1 April 2025 |
115,000 |
313.2291 |
36,021,346.50 |
|
2 April 2025 |
115,000 |
315.0153 |
36,226,759.50 |
|
3 April 2025 |
140,000 |
300.9577 |
42,134,078.00 |
|
4 April 2025 |
126,996 |
276.3182 |
35,091,306.13 |
|
Total accumulated over week 14 |
602,996 |
301.3749 |
181,727,848.53 |
|
Total accumulated during the repurchase program |
2,043,962 |
312.7275 |
639,203,038.72 |
All acquisitions have been carried out on Nasdaq Stockholm by Skandinaviska Enskilda Banken AB on behalf of EQT.
Following the above acquisitions and as of 4 April 2025, the number of shares in EQT, including EQT’s holding of own shares is set out in the table below.
|
Ordinary shares |
Class C shares1 |
Total |
|
|
Number of issued shares2 |
1,241,510,911 |
496,056 |
1,242,006,967 |
|
Number of shares owned by EQT AB3 |
61,968,153 |
– |
61,968,153 |
|
Number of outstanding shares |
1,179,542,758 |
496,056 |
1,180,038,814 |
|
1) Carry one tenth (1/10) of a vote |
|||
A full breakdown of the transactions is attached to this announcement.
Contact
Olof Svensson, Head of Shareholder Relations, +46 72 989 09 15
EQT Press Office, press@eqtpartners.com, +46 8 506 55 334
This information was brought to you by Cision http://news.cision.com
https://news.cision.com/eqt/r/repurchases-of-shares-by-eqt-ab-during-week-14–2025,c4132039
The following files are available for download:
|
https://mb.cision.com/Main/87/4132039/3373049.pdf |
EQT Transactions 20250331 to 20250404 |
|
EQT AB Group |
View original content:https://www.prnewswire.co.uk/news-releases/repurchases-of-shares-by-eqt-ab-during-week-14-2025-302422189.html
Fintech PR
Digital Wealth Management Platforms (DWMP) Market Disruptions: The $18.59 Billion Opportunity Vendors Can’t Afford to Miss
Digital Wealth Management Platforms (DWMP) Market Set for Explosive Growth, Projected to Reach $18.59 Billion by 2030
MIDDLETON, Mass., April 7, 2025 /PRNewswire/ — QKS Group, a premier market intelligence and advisory firm, has unveiled its latest comprehensive analysis of the global Digital Wealth Management Platforms (DWMP) Market, providing crucial insights for industry leaders aiming to capitalize on this rapidly evolving segment. The newly released reports- ‘Market Share: Digital Wealth Management Platforms (DWMP), 2024, Worldwide & Regional Report’ and ‘Market Forecast: Digital Wealth Management Platforms (DWMP), 2025-2030, Worldwide & Regional Report’ – reveal a projected market valuation of $18.59 billion by 2030, growing at a CAGR of 16.16% from 2025 to 2030. This analysis equips businesses with the strategic intelligence needed to navigate the dynamic DWMP landscape and make informed decisions as the market scales new heights.
The Next Growth Frontier in Digital Wealth Management Platforms (DWMP)
Digital Wealth Management Platforms (DWMPs) are reshaping financial services by integrating AI, machine learning, data analytics, and blockchain to deliver automated, data-driven wealth management. These platforms unify disparate systems, providing real-time portfolio visibility and personalized financial advice aligned with client goals and risk profiles. AI-powered automation streamlines tasks such as portfolio rebalancing, onboarding, and reporting, improving operational efficiency. Embedded compliance tools ensure regulatory adherence with minimal manual oversight. Blockchain enhances transaction transparency and data integrity in asset transfers. DWMPs support omnichannel client engagement, enabling 24/7 access via digital portals and mobile apps. As fintech competition rises, DWMPs equip institutions with scalable, secure, and agile solutions to remain competitive in a digital-first landscape.
According to Sriram S R, Senior Analyst at QKS Group, “The accelerating adoption of Digital Wealth Management Platforms (DWMPs) is driven by the convergence of AI-powered financial analytics, real-time data integration, and the demand for hyper-personalized, regulatory-compliant client experiences. By unifying front-to-back-office functions, automating routine advisory tasks, and enabling seamless omnichannel engagement, DWMPs empower wealth managers to scale operations, enhance portfolio performance, and remain agile in an increasingly digital and client-centric financial ecosystem.”
Key Market Insights from QKS Group’s Report
- Global and Regional Market Analysis: An in-depth examination of worldwide and regional DWMP adoption trends, competitive landscapes, and future growth projections.
- Competitive Benchmarking: A comparative analysis of top DWMP vendors, their market positioning, and strategic differentiators.
- Industry Adoption Trends: Insights into which sectors are investing most heavily in DWMP solutions and why.
- Technology Disruption & AI’s Role in DWMP: Explore how AI, predictive and prescriptive analytics, cloud-native architectures, Digital Banking and Digital applications, and API-driven integrations are redefining Digital Wealth Management Platforms -enabling hyper-personalized advice, real-time portfolio insights, and intelligent automation across the wealth management lifecycle.
Market Leaders & Competitive Landscape
The report covers key industry players, including Additiv, Avaloq, Backbase, Blackrock, Broadridge, Comarch, Crealogix, EdgeVerve (Finacle), Envestnet, Finastra, Intellect Design, InvestCloud, Linedata, LSEG, Nest Wealth, Prometeia, SS&C Tech, TCS and others.
Why This Matters for DWMP Vendors
For CEOs, CFOs, and CSOs of Digital Wealth Management Platform (DWMP) providers, these insights are critical for identifying emerging demand patterns, optimizing go-to-market strategies, and staying ahead of fintech disruptors. As financial institutions accelerate digital transformation and prioritize hyper-personalized client engagement, vendors must offer DWMP solutions with advanced AI capabilities, open APIs, and end-to-end data integration- empowering advisors with real-time intelligence and enabling scalable, compliant, and client-centric advisory models.
Get Access to Exclusive Market Insights (single report or subscription offering)
Market Share: Digital Wealth Management Platforms, 2024, Worldwide
https://qksgroup.com/market-research/market-share-digital-wealth-management-platforms-2024-worldwide-5241
Market Forecast: Digital Wealth Management Platforms, 2025-2030, Worldwide
https://qksgroup.com/market-research/market-forecast-digital-wealth-management-platforms-2025-2030-worldwide-4764
The comprehensive research package includes:
- Most Comprehensive Market Forecast Analysis: A separate market forecast report for each of the regions, including North America, Asia Pacific, European Union, MEA, Latin America
- Unmatched Competitive Analysis: A separate market share report for each of the regions, including North America, Asia Pacific, European Union, MEA, Latin America
- QKS TrendsNXT on DWMP Market
- QKS TAMSAM Insights report on DWMP Market
- Exclusive Analyst Advisory Sessions for strategic decision making and validation
About QKS Group
QKS Group, formerly Quadrant Knowledge Solutions, is a leading global advisory and research firm, dedicated to empowering technology innovators to accelerate their growth journeys and enable technology adopters to achieve their digital transformation objectives.
Click below to learn more about Competitive Intelligence Service: https://www.youtube.com/watch?v=bhUQYdKd90A
To gain access to the full market insights, growth forecasts, and competitive analysis, Connect:
Shraddha Roy
PR & Media Relations
QKS Group
Regus Business Center
35 Village Road, Suite 100,
Middleton Massachusetts 01949
United States
Email: shraddha.r@qksgroup.com
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Fintech PR
Source-to-Pay (S2P) Market Disruptions: The $2.1 Billion Opportunity Vendors Can’t Afford to Miss
Sustainable Growth Ahead for S2P Market, Estimated at $2.1 Billion by 2030
MIDDLETON, Mass., April 7, 2025 /PRNewswire/ — QKS Group, a premier market intelligence and advisory firm, has released its latest in-depth analysis of the global Source-to-Pay (S2P), providing key insights for industry leaders looking to capitalize on this rapidly expanding market. The new reports – ‘Market Share: Source-to-Pay (S2P), 2024, Worldwide & Regional Report’ and ‘Market Forecast: Source-to-Pay (S2P), 2025-2030, Worldwide & Regional Report‘ – reveals a projected market valuation of $2.1 billion by 2030, growing at a CAGR of 12.19% from 2025 to 2030. This analysis equips businesses with the strategic intelligence needed to navigate the dynamic S2P landscape and make informed decisions as the market continues to evolve.
The Next Growth Frontier in Source-to-Pay (S2P) Platforms
In an era where digital transformation is vital to enterprise survival, Source-to-Pay solutions have emerged as a cornerstone technology for organizations looking to streamline procurement processes, enhance supplier collaboration, and unlock new efficiencies. From manufacturing and healthcare to retail, telecom, and financial services, enterprises are rapidly adopting AI-enabled Source-to-Pay platforms to optimize spend management, drive compliance, and accelerate procurement cycles.
According to Vishal Poduri, Analyst at QKS Group, “Source-to-Pay solutions are no longer just about reducing procurement costs – they’re essential to driving enterprise competitiveness, agility, and strategic innovation. With the integration of advanced analytics, machine learning, and cognitive automation, top Source-to-Pay providers are redefining the way organizations manage supplier relationships and procurement operations.”
Key Market Insights from QKS Group’s Report
- Global and Regional Market Analysis: A deep dive into worldwide and regional S2P platform adoption trends, competitive landscapes, and future growth projections.
- Competitive Benchmarking: A comparative analysis of top S2P vendors, their market positioning, and strategic differentiators.
- Industry Adoption Trends: Insights into which sectors are investing most heavily in S2P solutions and why.
- Technology Disruption & AI’s Role: How AI, automation, and advanced analytics are transforming S2P solutions to drive procurement efficiency, streamline supplier collaboration, and unlock strategic value.
Market Leaders & Competitive Landscape
The report covers key industry players, including Coupa, Esker, GEP, Ivalua, JAGGAER, Medius, Oracle, Proactis, SAP Business Network, SOVRA (mdf commerce), Zycus.
Why This Matters for S2P Vendors?
For CEOs, CFOs, and CSOs of Source-to-Pay (S2P) solution providers, these insights are crucial for identifying untapped market opportunities, refining growth strategies, and staying a step ahead of rising competitors. As digital transformation reshapes procurement and supplier management, S2P vendors must deliver solutions that provide enterprise-grade reliability, robust security, and intelligent automation capabilities, ensuring significant ROI and long-term market leadership.
Get Access to Exclusive Market Insights (single report or subscription offering)
Market Share: Source-to-Pay (S2P), 2024, Worldwide
https://qksgroup.com/market-research/market-share-source-to-pay-s2p-2024-worldwide-2826
Market Forecast: Source-to-Pay (S2P), 2025-2030, Worldwide
https://qksgroup.com/market-research/market-forecast-source-to-pay-s2p-2025-2030-worldwide-2693
The comprehensive research package includes:
- Most Comprehensive Market Forecast Analysis: A separate market forecast report for each of the regions, including North America, Asia Pacific, European Union, MEA, Latin America
- Unmatched Competitive Analysis: A separate market share report for each of the regions, including North America, Asia Pacific, European Union, MEA, Latin America
- QKS TrendsNXT on S2P market
- QKS TAMSAM Insights report on the S2P market
- Exclusive Analyst Advisory Sessions for strategic decision making and validation
About QKS Group
QKS Group, formerly Quadrant Knowledge Solutions, is a leading global advisory and research firm, dedicated to empowering technology innovators to accelerate their growth journeys and enable technology adopters to achieve their digital transformation objectives.
Click below to learn more about Competitive Intelligence Service: https://www.youtube.com/watch?v=bhUQYdKd90A
To gain access to the full market insights, growth forecasts, and competitive analysis, Connect:
Shraddha Roy
PR & Media Relations
QKS Group
Regus Business Center
35 Village Road, Suite 100,
Middleton Massachusetts 01949
United States
Email: shraddha.r@qksgroup.com
Content Source: https://qksgroup.com/newsroom/source-to-pay-s2p-market-disruptions-the-2-1-billion-opportunity-vendors-can-t-afford-to-miss-992
Connect with us on LinkedIn- https://www.linkedin.com/company/qksgroup/
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