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TORONTO, Oct. 15, 2018 /PRNewswire/ - CANNAMERICA BRANDS CORP. ("CannAmerica" or the "Company") (CSE: CANA), a cannabis branding, licensing and intellectual property company with a portfolio of premium cannabis brands in the United States, will begin trading today on the Canadian Securities Exchange ("CSE") under the symbol "CANA". "CannAmerica is excited to achieve this milestone as we work toward expanding our brands into new markets in the U.S. cannabis sector, and beyond," said Dan Anglin, CannAmerica Co-Founder and CEO. CannAmerica has brand licensing agreements in the states of Colorado, Nevada and Maryland, and plans to expand to additional U.S. states and internationally, as regulations permit.
Increased defence spending under U.S. President Donald Trump and the Republican-led Congress is driving contractors to pursue mergers so they have more scale to bid on bigger projects, spanning everything from upgrading computer systems to space exploration. In August, Trump signed a defence policy bill that authorized $639 billion in military spending such as buying weapons, ships, aircraft and paying troops. "We are in an environment where the economy is pretty strong, we know defence spending is coming up, the 2019 (federal) budget is up 3 percent over 2018, 2018 was up 9 to 10 percent over the prior year," Harris Chief Executive William Brown said in an interview.
A deal, expected to be a merger of equals, could be announced by Monday, the person said. Harris, based in Florida, makes communications and electronics for battlefields, weather reporting and air traffic control. L3, based in New York, makes communications and electronics for the military, aviation, homeland security and others.
TORONTO , Oct. 12, 2018 /CNW/ - CANNAMERICA BRANDS CORP. ("CannAmerica" or the "Company") (CSE: CANA), a cannabis branding, licensing and intellectual property company with a portfolio of premium cannabis brands in the United States , is pleased to announce it has received approval for the listing of its common shares on the Canadian Securities Exchange ("CSE"). The Company's shares will commence trading at market open on Monday, October 15, 2018 , under the symbol "CANA". The Company has entered into licensing agreements for its key brand, CannAmerica (the "Brand"), in three key geographic markets – Colorado , Nevada and Maryland , with industry leaders in each of these respective markets.
L3 Technologies Inc (LLL.N) said on Sunday it hired former senior Lockheed Martin Corp (LMT.N) executive Steve O'Bryan as its global chief of business development, the latest in a series of appointments aimed at expanding the company's reach. O'Bryan's departure from Lockheed this past spring had come as a surprise to many in the industry, given his long years of work drumming up business for the company's F-35 fighter jet and in more recent years, helicopters, warships and other weapons. At L3, O'Bryan will be responsible for all aspects of organic growth, including U.S. military programmes and foreign sales, the company said.
For L3 Technologies Inc (LLL.N), it's not a case of if but when the maker of everything from airport scanners to night vision equipment for the military will get bigger through acquisitions. The path that recently minted Chairman and CEO Chris Kubasik takes to deliver that growth to investors, however, is the big question. Bankers and industry executives are watching closely to see if L3 risks its investment grade credit rating with a major deal that could dwarf its acquisitions in the past.