Biotech firm 22nd Century Group has reported revised terms for their divestiture of cannabinoid related interests. Since Fastmarkets reported on this last week, 22nd Century Group was able to secure improved terms for the sale to Nevada-based Specialty Acquisition Corporation after consent by one of 22nd Century Group’s senior lenders.
The updated terms include a cash payment of $1.1 million from Specialty Acquisition Corporation
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11.11.2024
Falling biodiesel margins lead to expectations for higher RINs, lower feedstock cost
Biodiesel margins continued to fall during the week ending Friday November 8, with rising feedstock cost pushing the soybean oil/heating oil (BOHO) spread to its highest level in more...
11.11.2024
DCO starts the week higher; hog slaughter increases slightly
Distillers’ corn oil (DCO) traded higher out of the FOB Midwest markets on Monday November 11 in what was otherwise a quiet market to start the week.
A...
11.11.2024
US cattle slaughter continues to fall behind 2023 levels
Trading was quiet in the US animal protein market on Monday November 11, with no price changes reported.
Cattle slaughter
Fastmarkets’ research team forecasts cattle slaughter at 625,000...