Give us a call at 1-866-387-FUSE (3873) or read about our cannabis division at If you’re ready to obtain a quote now, fill out our quick and easy online quote form. Don’t hesitate to reach out to us if you are interested in adding this coverage or have questions about your current insurance program. Your broker will also help you determine what coverage amount you need based on a number of factors, including the maximum amount of stock you keep on your premises at any given time. Talk to your insurance broker about what risk management requirements should be in place in order to be approved for stock coverage.įuse Insurance can provide stock and inventory coverage for seeds, plants and finished products. Luckily, stock insurance is available to add to your cannabis insurance package to further protect your business. Cannabis stock can be exposed to risks such as damage, vandalism, theft or destruction. Compiled here, all relevant comments and discussions. Whether you are a licensed producer, wholesaler, retailer, cultivator or processor, managing cannabis stock and inventory can be a large role to take on. Fusion Acquisition Corp (FUSE) Stock Forums - Compiled here, all relevant comments and discussions regarding the FUSE Stock. It’s not all bad news though, Canada’s oversupply has made it easier for companies looking to buy smaller batches of cannabis from producers and white-label these products. Many license holders are taking extra measures to store their cannabis until they are able to make a decision on what to do with their inventory. This “croptober” harvest has led to an even larger supply/demand imbalance with producers. This inventory is fueled by Canada’s first full year of outdoor cannabis yields, as many producers were still awaiting license approval throughout 2019. A stock’s beta measures how closely tied its price movements have been to the performance of the overall market. Its biologics offerings include human allografts, substitute bone materials, and tendons, as well as regenerative tissues and fluids to augment orthopedic surgeries.New data released by Health Canada shows that licensed producers added 220,461 kilograms of cannabis to their inventories in October 2020. FUSE’s beta can be found in Trading Information at the top of this page. Maxim’s long-term strategy is to bring more innovative spinal implant products to market for retail and wholesale distribution.įuse provides a broad portfolio of orthopedic implants including internal and external fixation products upper and lower extremity plating total joint reconstruction soft tissue fixation and augmentation for sports medicine procedures full spinal implants for trauma, degenerative disc disease, and deformity indications. Its portfolio of spinal implant products includes the FDA-cleared X-Treme Interbody Fusion System. All three companies are based in Richardson, Texas.įuse issued 4,311,169 restricted shares of its common stock to Maxim at an agreed-upon value of $0.76 per share, which was equal to the 30-day volume-weighted average price of the Fuse’s common stock as of three business days prior to the closing, according to the SEC filing.įormed in April 2011, Maxim designs and manufactures spinal interbody spacers and distributes a variety of spine, sports medicine, and biologics product lines. 1, the Maxim deal was the second acquisition in the past year for Fuse, which purchased CPM Medical Consultants in December 2017. Maxim is a spinal fusion device company and device distributor. Fuse Medical’s (OTC: FZMD) recent purchase of Maxim Surgical was an all-stock transaction worth $3,276,488, according to a recent Securities and Exchange Commission (SEC) filing.
0 Comments
Leave a Reply. |