Fintech PR
BC Micro Cannabis Development Start-Up Announces First to Market with Craft Cannabis Industrial Park
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With municipal approval granted to develop a property in Prince George, Cannabis West Development Corporation (CWDC) announced it is launching the first in a chain of craft cannabis industrial parks in Canada.
“Focused specifically on the craft cannabis industry here in BC, these parks will become home to the thousands of craft cultivators and master growers transitioning to the new compliant state under the federal government’s move to legalize cannabis last October,” says CWDC CEO Sean Maloney.
“CWDC believes that the real production capacity and cultivation expertise of the Canadian cannabis industry is held by the craft cultivators who have been growing the world’s best quality premium flower product,” says Maloney. “Master growers know how to produce the quality product required to meet market demand. Experienced cultivators here in B.C. have worked for decades perfecting their craft product.”
There are an estimated 17,500 micro cannabis cultivators in BC alone.
Maloney is confident that CWDC’s craft cannabis business model will thrive in their industrial park design, enabling craft cultivators to compete with any Licensed Producer in the country.
“Our model will provide access to state-of-the-art facilities, industrial load infrastructure, energy and various other efficiencies through bundled services such as security and technical support,” he says.
“We pull together expertise in everything from HVAC technology to federal licensing and compliance support. Our collective efforts are entirely focused upon supporting the craft cannabis cultivator. Our business eco-system encourages cultivators to maintain their intellectual property and build their brand.”
Operating within the CWDC business model, competent cultivators should expect a ROI within nine to twelve months, with annual sales estimated to be between $6-7 million.
“Our corporate mantra is ‘For Cultivators, By Cultivators’,” Maloney says. He often hears of craft producers being solicited to secure long-term supply agreements to provide world-class product at discounted price points. “At CWDC our goal is to work with cultivators to support their passion. All craft cultivators are advised to seek legal advice before signing a deal that would see their valuable IP and brand discounted and white labeled.”
Zoning for the Prince George site that will be the location of CWDC’s first industrial park was approved by the municipal council April 8, following a public hearing earlier in March.
Maloney says CWDC is receiving tremendous response from local governments who value the compliance, transparency, and public safety aspect of CWDC’s planning efforts.
“Municipalities are keen to see brownfield industrial sites redeveloped to provide valuable good jobs and new sources of municipal revenue. Meanwhile, craft cannabis cultivators and entrepreneurs yearn for the opportunity to bring their world class product to the legitimate space. Positive feedback from the craft cannabis cultivator community has been overwhelming.”
Founded in 2018, CWDC is a privately held, integrated niche market development company, delivering real estate solutions and professional services to the micro cannabis industry.
SOURCE Cannabis West Development Corp.
– The new service robot zone becomes the hotspot for buyers
GUANGZHOU, China, April 15, 2025 /PRNewswire/ — On April 15, the 137th China Import and Export Fair (Canton Fair) officially opened in Guangzhou, drawing global attention as it kicked off one of the world’s largest trade events. Running from April 15 to May 5, the Fair is divided into three phases under the themes of “Advanced Manufacturing,” “Quality Home Life,” and “Better Life.” This edition features 55 exhibition sections and 172 product zones, with newly added zones dedicated to service robots and integrated housing solutions.
The 137th Canton Fair continues to embrace a hybrid model, with its online platform operating all year-round. Enhanced functionality, improved structure, and upgraded services on the digital platform aim to create new business opportunities and help stabilize and improve the quality of China’s foreign trade.
The Deputy Director of China Foreign Trade Centre, Zhang Sihong, welcomed international guests in his opening remarks, highlighting the Fair’s role as a long-standing bridge of global cooperation. “The Canton Fair once again opens its arms to friends from around the world. Here, this spectacular event, we come together to pursue shared success and mutual benefit,” Zhang said.
As of April 13, over 200,000 overseas buyers from 215 countries and regions had pre-registered to attend the fair.
On the opening day, Phase 1 of the Fair, themed “Advanced Manufacturing,” attracted tremendous foot traffic across its 520,000-square-meter exhibition space. A key highlight was the new Service Robots Zone in the Friendship Hall in Area D, where buyers gathered to film product displays of various robots, such as robotic dogs, industrial exoskeletons, and autonomous navigation robots.
From April 15 to 19, Phase 1 showcases the strength of China’s industrial innovation, featuring 11,304 exhibitors, including approximately 3,700 companies focused on electric vehicles, lithium batteries, solar cells, digital technologies, and intelligent manufacturing. The spotlight on advanced technologies and green solutions reflects China’s ongoing transformation into a high-tech manufacturing powerhouse.
With its expanding scale and evolving content, the Canton Fair remains a vital platform for connecting international markets and showcasing China’s industrial progress. As it enters its 137th session, the Fair continues to foster trade cooperation and inspire global partnerships, reaffirming its position as a cornerstone of international commerce.
To learn more about Canton Fair, please download the Canton Fair App at https://cief.cantonfair.org.cn/en/app/appintro.html.
Photo – https://mma.prnewswire.com/media/2665227/image_969985_42226549.jpg
View original content:https://www.prnewswire.co.uk/news-releases/137th-canton-fair-opens-in-guangzhou-302428972.html
Prime Factors and Thales Extend Collaboration to Help Customers Build More Secure Payment Applications Faster with BCSS and the Thales payShield HSM
EUGENE, Ore., April 15, 2025 /PRNewswire/ — Prime Factors and Thales announced today that Thales will offer Prime Factors’ Bank Card Security System (BCSS) – a software solution that helps simplify the orchestration of payment security in bespoke payment applications – through its global distribution networks.
“We are eager to provide tools for our customers to implement payment security quickly and easily,” said Todd Moore, Vice President of Data Security Products at Thales. “BCSS delivers robust application-side payment security infrastructure and is remarkably complementary to the Thales payShield HSM. BCSS helps to accelerate application development, simplify security compliance, and includes pre-built integrations with the Thales payShield HSM that make it easier to implement and manage hardware security for payments.”
BCSS delivers out-of-the-box security functionality to help developers build secure payment applications in a fraction of the time, including:
- Robust payment key management and secure storage
- Granular role-based access controls and permissions enforcement
- Audit logging and reporting functionality
- High-Level APIs and pre-built workflows for quickly integrating payShield HSMs
- Built-in load balancing across cloud, on-premises, and hybrid HSM deployments
“When Thales launched its Cloud-based Payment HSM Service, it became clear that BCSS was a key differentiator,” said James Torjussen, payShield Product Manager at Thales. “The load balancing functionality and deployment flexibility of BCSS allows our joint customers to better manage cloud migrations – moving capacity, specific functions, or specific environments to the cloud smoothly, at a pace that makes sense for their business, without complex application re-development. BCSS seamlessly spans cloud and hybrid-cloud deployments and provides robust failover capabilities that reduce the timelines, costs, and risk of cloud migration.”
“BCSS, which has stood the test of security auditors for decades, is the ideal solution for enterprises that build and manage their own payment applications,” said Jose Diaz, Vice President of Products and Services at Prime Factors and Former Head of Payments Strategy at Thales. “BCSS helps enterprises get to revenue faster, mitigate risk, and reduce implementation costs, as well as the total cost of ownership over time. Supporting Thales channel partners to help enterprises simplify payment security infrastructure feels like a natural step in our 30+ years of ongoing collaboration with Thales.”
Read the solution Technical Brief or visit our website to learn more.
Media Contact:
Kyna Reuter
kyna.reuter@primefactors.com
Erik Kingham
erik.kingham@thalesgroup.com
View original content:https://www.prnewswire.co.uk/news-releases/thales-to-offer-prime-factors-bank-card-security-system-302428243.html
NEW YORK, April 15, 2025 /PRNewswire/ — The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor. Access today’s NYSE Pre-market update for market insights before trading begins.
Kristen Scholer delivers the pre-market update on April 15th
- Bank of America (NYSE: BAC) reported better than expected results this morning, raising share price pre-market.
- General Motors (NYSE: GM) and Ford (NYSE: F) rose after President Trump’s comments around helping auto companies
- Johnson & Johnson (NYSE: JNJ), Citigroup (NYSE: C), and PNC (NYSE: PNC) highlight upcoming earnings
Opening Bell
Caterpillar (NYSE: CAT) celebrates its 100th anniversary
Closing Bell
Axis Capital (NYSE: AXS) marks the two-year anniversary of Vincent Tizzio as President & CEO
Download the NYSE TV App and Subscribe Here
Video – https://mma.prnewswire.com/media/2665304/NYSE_Market_Update_April_15.mp4
Logo – https://mma.prnewswire.com/media/2581322/5269009/New_York_Stock_Exchange_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/nyse-content-advisory-pre-market-update–bank-of-america-beats-earnings-estimates-302428962.html
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