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What are Cannabis Lenders and How Do They Support Business Owners?

Canna Business Resources

Business owners are familiar with the ups and downs of cash flow. It’s common for companies to borrow money for supplies, payroll and other business needs. When cash flow is delayed, seasonal slow-downs occur or expansion is underway, businesses may need a boost. Business owners in the cannabis industry face an uphill battle when it comes to securing traditional loans. The good news is that your company can find needed financing through cannabis lenders. What are cannabis lenders, and why are they preferable to traditional lending institutions? What do you need to know before you take out a business loan? What Is a Cannabis Lender? Like traditional banks, cannabis lenders offer a range of financial resources, such as banking options, financing and processing solutions. The difference is that they cater specifically to the cannabis and CBD industries. In the past, cannabis companies have had little option but to run cash businesses and turn to predatory private lenders offering unfavorable terms. With increasing legalization and a growing market for cannabis goods, however, a new breed of lenders is bridging the gap by providing reliable funding and tools to help businesses increase efficiency and profit. What Makes Cannabis Lenders a Better Choice than Banks for Financing? Banks must comply with federal regulations and because cannabis has not been federally legalized, major banks won’t provide services like loans. They don’t want to wade through the risks and complexities, even for established businesses with proven profitability. Cannabis business loans from dedicated lenders, on the other hand, come with a range of benefits. These lenders understand your industry, offer specific types of financing and provide a range of favorable options. They make it much easier for established businesses to secure needed funding. 5 Things Cannabis Business Owners Need to Know About Cannabis Lenders Before you jump into a lending situation with the first company you come across, it’s important that you understand what lenders are looking for and what options are available to you. 1. What Cannabis Lenders Look For Like most lenders, cannabis lenders are looking for a safe and solid investment. At the end of the day, they want to work with reliable companies that pose minimal risks. In short, they want every assurance that they’ll get their money back. For this reason, they typically serve businesses that are already established and can provide a history of revenue. They’ll be interested in your industry experience and how long your current business has been operating. What you should look for is a lender that offers a range of options, including uncollateralized financing. 2. Multiple Lending Options Are Available In addition to typical loans, cannabis financing from a reputable lender should include a number of options to fulfill different business needs. You’ll want to look for institutions that offer lines of credit, working capital, accounts receivable invoice financing, real estate financing and equipment financing, as well as banking and processing solutions. Every business is unique, and the right lender understands this. It will help you find the lending options that suit your particular needs and preferences so that you have the best opportunity to thrive. 3. Deep Understanding of the Marijuana Industry Business owners often wear a lot of hats, but that doesn’t necessarily mean you have the knowledge or experience to excel at every aspect of business management. You will have to rely on a range of other professionals to help you with everything from contracts to tax filings to financing. Ideally, you’ll want to collaborate with professionals who understand your industry and your business. Cannabis lenders necessarily have a deep understanding of the marijuana industry, which gives them the insight to offer products most suited to your operation. This is a major benefit when you’re seeking financial assistance but are unsure of the best type of lending for your needs. 4. Tools and Resources Are Available When traditional banking and lending options are unavailable to you, it can be difficult to see a path forward for your business. Cannabis lenders provide the tools and resources you need to survive, thrive and expand your business. The right banking, processing and financing solutions can help you to better manage your operations, streamline cash flow and grow your company. 5. Flexible Financing Within the Cannabis Industry Working with traditional banks as a cannabis company is a complicated and frustrating process. The cannabis industry operates in a sort of limbo position because of the legal framework surrounding it. Dozens of states have legalized marijuana for medical or recreational purposes and others have decriminalized it. Hemp CBD is federally legal. However, cannabis, in general, remains illegal at the federal level. Banking institutions face high risks and legal complexities in serving the cannabis industry, so by and large, they don’t. To find flexible banking and lending options, cannabis companies must turn to a new class of lenders that focus specifically on cannabis clients. Is Cannabis Lending Right for You? If you are an established cannabis company searching for lending options that help you weather the ups and downs of cash flow or expand your operations, cannabis loans are the way to go. The right lender can provide financing resources designed specifically for your industry and the unique needs of your business. Contact Details Canna Business Resources info@cannabusinessresources.com Company Website https://cannabusinessresources.com/

March 03, 2023 11:45 AM Eastern Standard Time

Arizona Cannabis Loans and Financing Options

Canna Business Resources

In November 2020, Proposition 207, officially known as the Smart and Safe Act, passed into law in Arizona, making it the 15th state to legalize marijuana for adult use. Although recreational marijuana is legal in the state, it's still a challenge for cannabis business owners in Arizona to get financing. You likely won't get a business loan from a traditional bank because of federal regulations, but there are some options available if you need access to capital to expand your business. Because there's no one-size-fits-all approach for financing, it's important to understand all available options before you decide on financing. Is Cannabis legal in Arizona? Cannabis is legal in Arizona. Anyone over the age of 21 can possess up to an ounce of marijuana. They can legally walk into a dispensary with their ID and cash to purchase it — no prescription or referral is needed. Do Arizona Banks Lend Money to Cannabis Companies? Traditional banks don’t approve the majority of business loans to begin with, but the odds of financing for cannabis businesses are even lower. Despite many states approving cannabis use, it’s still illegal federally in the United States. Banks and financial institutions must abide by federal law, which makes it difficult for them to lend money to marijuana businesses. Because banks are regulated by the federal government, they are not allowed to engage in these types of transactions and can be subject to fines or even criminal charges if they do. What Are Some of the Key Factors to Consider When Looking for Cannabis Business Financing in Arizona? When it comes to securing financing for cannabis businesses in Arizona, there are several key factors that must be taken into consideration. An individual or business seeking cannabis business financing should research all potential lenders and investigate each lender’s requirements for loan qualification. Knowing the qualifications necessary before beginning the process can save time and money in the long run. Understanding what kind of financial documents will be required to properly apply for a loan is crucial. The most common documents requested include tax returns, bank statements, proof of income, a business plan and financial projections. Another important factor to consider when looking for cannabis business financing in Arizona is the cost of borrowing. Because the cannabis industry is relatively new, interest rates and repayment terms can vary widely among lenders. Researching available options and comparing rates is essential to determine which lender offers the lowest cost of borrowing. Investigate possible fees associated with obtaining a loan such as origination fees or application fees because these can significantly affect total costs over time. When exploring cannabis business financing opportunities in Arizona it is important to understand local regulations and restrictions. Depending on the specific type of cannabis product being produced or sold, certain licenses may be required from local governments or agencies to legally do business within the state. While some banks may offer loans for businesses operating within Arizona’s regulatory boundaries, some may not provide funds because of their own internal risk-management policies or because they do not wish to violate federal laws regulating marijuana use across state lines. 5 Types of Cannabis Loans for Arizona Business Owners Specialized lenders offer five basic types of cannabis loans in Arizona. Working Capital Working capital loans are ideal for businesses that need to secure additional capital for day-to-day operations. These types of loans can help businesses cover the cost of purchasing inventory, pay bills or manage cash flow. Working capital loans have flexible terms and repayment plans, making them an attractive option for businesses in the cannabis industry. When it comes to working capital loans, there are two main components: the principal loan amount and the interest rate. The amount of money available will depend on the size of your business and the repayment plan you agree to with your lender. AR Lines of Credit Another type of cannabis loan is an accounts receivable (AR) line of credit (LOC), which is best suited for businesses that are seeking financial assistance during slow periods in sales or when faced with unexpected expenses. An AR LOC acts like a revolving line of credit where businesses can draw upon their eligible receivables, such as invoices they have sent to customers, whenever they need additional funds. When customers pay those invoices, those amounts get credited back against their LOC balance, allowing them to draw down new funds if needed. As with any other type of business loan, borrowers should carefully read through all terms and conditions with lenders before entering into an agreement. Equipment Financing Cannabis equipment financing loans are specifically designed to help businesses in the cannabis industry acquire the necessary equipment for their operations. This type of loan typically has a shorter repayment term than traditional bank loans and is ideal for businesses that need short-term financing. The funds from a cannabis equipment financing loan can be used to purchase anything from computer systems and point-of-sale systems to grow lights and cultivation supplies. Commercial Real Estate Investing Commercial real estate investing for cannabis financing is another way for cannabis companies to obtain needed capital. Through this investment model, investors purchase properties or provide capital in exchange for either equity or debt in the cannabis company. Investors may also provide funding directly to the commercial real estate owner as a bridge loan or hard money loan. This investment option allows businesses to access funds without having to take on additional debt or give up ownership in their business. Real estate investments offer investors more security than other forms of investing because they are secured by physical assets such as land, buildings and other physical property. For example, if the tenant defaults on their lease payments, the investor will still receive rental income from other tenants until the matter is resolved. Cannabis companies may also use commercial real estate investments as a source of long-term capital to fund expansion projects and acquisitions. By investing in an undervalued building or property with the potential for higher value appreciation, businesses can leverage these assets for greater returns over time. Cannabis Dispensary Loans Cannabis dispensary loans are a type of financing specifically designed to help cannabis businesses fund their operations. This type of loan is becoming increasingly popular as the marijuana industry continues to grow and evolve. This specialty loan is available to marijuana-related businesses, such as dispensaries, cultivators, processors and manufacturers who are in need of funds for various business activities, including purchasing supplies, hiring employees or expanding operations. Generally, cannabis dispensary loans are short-term options that can range from $50,000 to $1 million. Depending on the lender’s qualifications and criteria for approval, the amount of money lent can be higher than this range. The majority of cannabis dispensary loans have repayment periods ranging from two months up to 36 months. Benefits of Expanding Your Arizona Cannabis Business Marijuana sales soared in 2021, just one year after it became legal for recreational use. Arizona is second in sales only to California. Demand for the product is huge, making it the prime time to scale your cannabis business. As an established business, you’re already a trusted name in the industry. Expanding into new markets can help you tap into new customer bases and increase your overall revenue. A Specialized Lender for Reliable Business Growth A business loan from a specialized cannabis lender gives you the opportunity to obtain the financing you need to expand your business and the assurance they know the industry inside and out. You won’t have to worry about being taken advantage of or navigating the legal red tape. These experts can guide you through the entire process and explore the various options to help you grow. Contact Details Canna Business Resources info@cannabusinessresources.com Company Website https://cannabusinessresources.com/

March 03, 2023 11:37 AM Eastern Standard Time

Boston Lager Remastered

YourUpdateTV

The beer that made Samuel Adams…just got better. Driven by its relentless pursuit of better beer, Samuel Adams is remastering its flagship Boston Lager to match the preferences of today’s beer lovers. Recently, Jim Koch, Founder and Brewer of Samuel Adams, participated in a nationwide satellite media tour to discuss the history of Samuel Adams and what led them to remaster the classic lager. A video accompanying this announcement is available at: https://youtu.be/uB1TIHD2uh8 For nearly 40 years, Boston Lager has been the flagship beer of Samuel Adams; it represents the heartbeat of the Samuel Adams brand and helped lead the American craft beer revolution, igniting a passion for full-flavored brews. Since 1984, Samuel Adams Boston Lager has used the world’s finest hand-selected ingredients to create a perfectly balanced and complex original brew. So, why change a classic? The recipe hasn’t changed. Boston Lager Remastered still uses Koch’s great-great grandfather’s mid-19th century original recipe but has evolved the process to reduce filtration, incorporating a traditional German practice of biological acidification while dropping the roughness from the husks of the barley. The result is a brighter, easier-drinking beer that leaves a little more sparkle in every glass. Boston Lager Remastered is easier-drinking and more refreshing than ever before. Its classic complex-yet-balanced flavor profile features a backbone of caramel and toffee malt notes and a distinct noble hop character with hints of pine and citrus for a crisp finish. Samuel Adams Boston Lager has used the world’s finest hand-selected ingredients to create a perfectly balanced and complex brew – and that has never changed. To this day, Jim still tastes each batch of Boston Lager to ensure it reaches the brand’s high-quality standards. When drinkers pick up a Boston Lager, they know they’re going to rediscover the elegance of lager and experience a rich, delicious full-flavored beer. Jim Koch says there’s a perfect Boston Lager out there, Samuel Adams just hasn’t made it yet. Until then, the brand will continue chasing perfection in a glass of beer. For more information, visit samueladams.com Jim Koch, Founder & Brewer of Samuel Adams Jim Koch, founder and brewer of Samuel Adams, is passionate about brewing craft beer. As a sixth-generation brewer, beer runs in his blood but the brewing business was bleak when Jim wanted to start his brewery. He attended Harvard and earned an undergraduate degree and advanced degrees in Business and Law, taught adventure skills for Outward Bound and worked for Boston Consulting Group, counseling corporations while also learning from them. In 1984, Jim decided to pursue his dream. Following family tradition, he brewed his great-great grandfather’s lager recipe. Brewing the first batch in his kitchen, he named the beer Samuel Adams Boston Lager. Unbeknownst to Jim, Samuel Adams Boston Lager would soon become a catalyst of the American craft beer revolution and serve as the flagship brand in Boston Beer Company’s portfolio which also includes Twisted Tea, Angry Orchard and Truly. In 2019, Dogfish Head Craft Brewery joined the Boston Beer Company, reinforcing Jim and the company’s craft credentials and ongoing commitment to growing the category. Jim relentlessly focuses on brewing the best craft beer possible with an obsessive eye on quality and flavor. Looking to push the brewing envelope, he pioneered the “extreme beer” movement, challenging drinker's perception of beer with complex, barrel-aged brews like Samuel Adams Triple Bock and Utopias, a beer of great unprecedented flavor and alcohol content. Over the past 38 years, Samuel Adams has become one of America’s largest craft breweries but still only accounts for a fraction of the category. As the industry evolves, beer remains the backbone of the Boston Beer Company, and Jim continues to pour the same passion and commitment into each innovation as he does Samuel Adams Boston Lager. Jim is also the author of the National Best-Selling book, Quench Your Own Thirst: Business Lessons Learned Over a Beer or Two. Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

March 03, 2023 11:36 AM Eastern Standard Time

Video

FanDuel Named ‘Most Innovative Sportsbook’ by Sports Betting Journalists in New HPL Digital Sport Study

HPL Digital Sport

HPL Digital Sport, (HPLDS) a specialty division within Hot Paper Lantern focused on building brand, partnerships and user growth within the sports betting, sports technology and iGaming industry, today released its new study State of the Sportsbook: Media Scoreboard on Innovation. The study measures the opinions and perspective of the media who regularly write about the sports betting industry on topics like: which are the most innovative sports betting operators, the technological elements most likely to make the most impact in 2023 and which new entrants to the market can challenge current leaders in the space. To contrast the media’s opinions, HPLDS also interviewed more than a half-dozen sports betting industry consultants to obtain their views. “In a very nascent industry like sports betting, the media hold a very important position as the group that sits across the entire market, talking to every company and executive on topics ranging from technology, new products and services, pain points, wins and innovation. While many opinions and anecdotes have been shared on who leads the market, there has never been a definitive study completed to put quantitative and qualitative data behind these ideas,” said Ed Moed, CEO of HPL Digital Sport. “As thought leaders in the space, we felt it necessary to create this content but also accentuate this data with commentary and opinions from the most respected and visionary sports betting consultants in the industry. We hope this series of studies and our Media Scoreboard become the industry standard bearer for years to come.” When it comes to the most innovative operator, it’s FanDuel and everyone else In a weighted ranking, the media named FanDuel as the most innovative sports betting operator in a landslide, scoring 55 points. FanDuel more than doubled the points of the Second Place and Third Place finishers, PointsBet (24) and DraftKings (20), respectively. Rounding out the Top 5 list included BetMGM in Fourth Place with 9 points and Bet365, Caesars and Circa all tied for Fifth Place with 7 points. Among new sportsbooks joining the market, the media believe 2023 is Fanatics’ year to lose When choosing the most anticipated new entrant in the market, the media overwhelmingly chose Fanatics as the company they feel will have the biggest impact in sports betting. The potential Disney (ESPN)/DraftKings partnership came in second while Betr rounded out the top three. Subsequently, the media survey also felt Fanatics’ announcement to officially launch its sportsbook was the top story of 2022 showing a betting operator “revolutionizing the market and leading to potential change in 2023.” Fanatics’ launch beat out other top stories including the Disney (ESPN) teaser announcement of an upcoming strategic partnership with DraftKings, DraftKings integration with Amazon’s Thursday Night Football package and FanDuel’s announcement of its pullback of promotional dollars. The media prioritized User Experience and Engagement as the most important innovative practice in sports betting In an industry deep in an arms race to secure new and sustainable users, when given a list of the most innovative practices, the media found User Experience and Engagement to be the industry’s top priority, followed by: User Experience and Engagement Product Differentiation Development of Next Generation Technologies Fiscal Responsibility Brand Development Strategic Partnerships Influencer Deals In-play betting seen as the innovation most likely to gain momentum in 2023 In-play betting secured 42%, and the majority of the response, from the media as the innovation most likely to gain momentum in 2023. While in-play betting drew the most attention, other imminent innovations mentioned highlight the expanding betting ecosystem and capabilities users can begin to expect to gain traction in the near future including, the evolution of sports betting content (17%), universal wallet (8%) and the gamification of sports betting (8%). “The consultants we interviewed all agreed with the media’s assessment of the sports betting innovation landscape. However, adding to the media’s perspective, the consultants warned this is not the time for any company, new entrant or incumbent, to rest on their laurels,” said Moed. “Innovation isn’t about winning the moment but a mindset of continuous improvement. The companies and sportsbooks who will make moves on our Scoreboard in the future will undoubtedly have a deep focus on the end user experience, as well focusing on any real ways each can be unique in its own value proposition to sports bettors.” The State of the Sportsbook is the first industry study collecting the data and opinions of the sports betting media and the most influential industry consultants, as well. HPLDS was the first to capture the data behind needs, behaviors and wants of the emerging sports bettor in its flagship study, The State of the New Sports Bettor in 2020. In 2021, HPLDS was the first company to obtain data and insights from sports betting executives in its State of the Sports Betting Industry: User Expectations vs. Executive Realities study. The study was conducted between Jan. 12-23, 2023, leveraging the insights of more than two dozen top-tier business and sports betting trade reporters covering the business of the sports betting industry. About HPL Digital Sport HPL Digital Sport is a specialty division focused on the sports betting, fantasy, and igaming spaces within Hot Paper Lantern, a multi-disciplined brand, marketing and communications firm. We build brand relevance and thought leadership, while driving growth for sports betting, fantasy and sports technology companies through our core capabilities of branding, public/media relations, performance marketing, social media and sophisticated design. www.hpldigitalsport.com Contact Details Michael Adorno +1 212-931-6143 madorno@hotpaperlantern.com Company Website https://www.hpldigitalsport.com/

March 02, 2023 02:00 PM Eastern Standard Time

News Release

DSG Global introduces new line of golf carts including the SR1 and Shelby

DSG Global

DSG Global CEO Bob Silzer joined Steve Darling from Proactive to share news about the company that is using its GPS systems in power carts to enhance the golf experience. Silzer explained some of the features its clients are using. He also shared with Proactive the move into the golf cart business including the Single Ride carts and the deal the company has done with Shelby. Contact Details Proactive Investors Canada +1 604-688-8158 na-editorial@proactiveinvestors.com

March 01, 2023 02:04 PM Eastern Standard Time

Video

Boys & Girls Clubs of Snohomish County and Comcast Partner to Open New Digital Computer Lab for Kids in Lynnwood

Comcast Washington

Boys & Girls Clubs of Snohomish County (BGCSC) and Comcast opened a new Enhanced Lift Zone at the Alderwood Boys & Girls Club in Lynnwood last night. Comcast provided an $85,000 investment and state-of-the-art technology makeover for the space to take full advantage of the free internet connectivity already offered by the company through its Lift Zone program. The technology equipment installed in the Enhanced Lift Zone includes a 3D printer, 20 computers, webcams, TV displays to support group video lessons and more. Comcast also announced an additional $25,000 donation to Boys & Girls Clubs of Snohomish County for additional programing at the Grand Opening Ceremony. The contribution is part of a long partnership between the two organizations and will provide immersive tech and STEM-related activities for kids in Snohomish County. Lynnwood Mayor Christine Frizzell and Snohomish County Council Legislative Aide Josh Thompson joined the Boys & Girls Clubs of Snohomish County, Comcast, and more than 50 local families at the unveiling ceremony yesterday at the Alderwood Boys & Girls Club. According to a K12 Report Card from the Washington Office of Superintendent of Public Instruction ( OSPI ), fewer students in Washington state schools have met English, Math, and Science standards since the pandemic. Further complicating this trend is that 20 percent of fourth-grade and 10 percent of eighth-grade students in Washington do not have access to the internet and a computer at home, according to a study from the National Center for Education Statistics. "Lack of internet access in the home limits access to education, and our new Enhanced Lift Zone from Comcast can play a critical role in supporting kids to help them with their schoolwork and activities in reading, writing, math, and science," said Marci Volmer, COO – The Boys & Girls Clubs of Snohomish County. "This space is part of a much larger effort with Comcast to connect students in the home through discounted service programs like Internet Essentials and outside the home with additional Lift Zones at our 12 clubs in Snohomish and Island Counties." Lift Zones and Enhanced Lift Zones are a part of Comcast's ongoing commitment to help connect students and families in need to the internet so they can fully participate in educational opportunities and the digital economy. Since 2020, Comcast has collaborated with cities, community organizations, and local nonprofit partners to install Lift Zones with free WiFi service in nearly 100 community centers across Washington state. "Connectivity in the home continues to be our top priority with Internet Essentials, and the number one solution for income-constrained households," said Boys & Girls Clubs of Snohomish County Board Member and Comcast Pacific Northwest Region VP of Finance and Business Operations Kevin Harrison. "But it is not the only answer. Comcast also plays an important role in connecting people to the internet outside the home, and our Lift Zones and Enhanced Lift Zones seek to address that need." This effort is part of Project UP, Comcast's $1 billion commitment to reach tens of millions of people over the next 10 years with the tools, resources, and skills needed to succeed in a digital world. Project UP is Comcast's company-wide initiative to advance digital equity, which includes Internet Essentials, the nation's largest and most comprehensive broadband adoption program. Since 2011, Internet Essentials has connected more than 140,000 households in Washington, including nearly 14,000 households in Snohomish County, to high-speed internet at home, many for the first time. Internet Essentials' comprehensive design addresses three significant barriers to broadband adoption, including access to free digital literacy training in print, online, and in-person; the option to purchase a heavily subsidized, low-cost internet-ready computer; and low-cost, high-speed internet service for $9.95 a month, plus tax. For more information about Internet Essentials and Comcast’s commitment to education and digital equity, please visit https://corporate.comcast.com/education. To apply, visit www.internetessentials.com or call 1-855-846-8376 for English or 1-855-765-6995 for Spanish. For more information about Comcast’s comprehensive connectivity program for low-income Americans visit https://corporate.comcast.com/values/internet-essentials. Comcast is also proud to participate in the Affordable Connectivity Program (ACP), which provides eligible households a credit of up to $30/month towards internet and mobile services. For more information, visit https://www.xfinity.com/learn/internet-service/acp About Boys and Girls Clubs of Snohomish County The Boys & Girls Clubs of Snohomish County is a non-profit organization providing young people ages 5-18 with a safe and positive place to spend their time before and after school and during the summer. Clubs are strategically located in neighborhoods and are accessible to all kids. Since 1946, the Boys & Girls Clubs of Snohomish County has been helping young people, especially those who need us most, to reach their full potential as productive, caring, responsible citizens. To learn more, please visit our website: https://bgcsc.org/ About Comcast Corporation Comcast Corporation (Nasdaq: CMCSA) is a global media and technology company that connects people to moments that matter. We are principally focused on broadband, aggregation, and streaming with over 57 million customer relationships across the United States and Europe. We deliver broadband, wireless, and video through our Xfinity, Comcast Business, and Sky brands; create, distribute, and stream leading entertainment, sports, and news through Universal Filmed Entertainment Group, Universal Studio Group, Sky Studios, the NBC and Telemundo broadcast networks, multiple cable networks, Peacock, NBCUniversal News Group, NBC Sports, Sky News, and Sky Sports; and provide memorable experiences at Universal Parks and Resorts in the United States and Asia. Visit www.comcastcorporation.com for more information. Contact Details Jack Follman jack__follman@comcast.com Company Website https://washington.comcast.com/

March 01, 2023 09:45 AM Pacific Standard Time

HIBBETT | CITY GEAR GIVING AWAY FREE SHOES FOR A YEAR TO COMMEMORATE NIKE AIR MAX MONTH 2023

Hibbett, Inc.

Hibbett (NASDAQ:HIBB), an athletic-inspired retailer with more than 1,100 Hibbett and City Gear specialty stores nationwide, today announced an Air Max Month inspired giveaway with a grand prize of free sneakers for a year. The 2023 Air Max Month promotion will run throughout the month of March to commemorate Nike Air Max Day, which is celebrated annually on March 26 th. “Nike Air Max is arguably the most iconic sneaker in history and we love to mark the anniversary each year with an exciting giveaway for someone to receive a wardrobe of new kicks,” said Sarah Sharp-Wangaard, Vice President Marketing, Hibbett. “Air Max technology is an innovation that changed the sneaker game more than 30 years ago and couldn’t be more relevant today.” The general public is invited to enter the Air Max Month giveaway, to win one year’s worth of sneakers simply by subscribing to Hibbett | City Gear emails, following @hibbettsports and @citygear on Instagram, commenting on Air Max Giveaway posts on both channels and tagging three friends, before March 31, 2023. Nike Air Max 1, designed by Tinker Hatfield was introduced on March 26, 1987 with a design that elevated Nike shoes with its unique air-cushioned technology and innovation. Each year the month of March is dedicated to celebrating the design and influence of the Air Max shoe, that is still beloved by countless fans today. Once again, Hibbett is proudly celebrating Nike Air Max and its impact with an Air Max Month giveaway of free sneakers for a year. One randomly selected winner will be contacted via email by April 13, 2023 and once contacted, must respond within 48 hours. The Grand Prize is valued at $3,000. The winner will receive one year’s worth of free sneakers. Official rules and details about the giveaway can be found here. About Hibbett, Inc. Hibbett, headquartered in Birmingham, Alabama, is a leading athletic-inspired fashion retailer with 1126 Hibbett and City Gear specialty stores, located in 36 states nationwide. Hibbett has a rich history of convenient locations, personalized customer service and access to coveted footwear, apparel and equipment from top brands like Nike, Jordan, and adidas. Consumers can browse styles, find new releases, shop looks and make purchases online or in their nearest store by visiting www.hibbett.com. Follow us @hibbettsports and @citygear on Facebook, Instagram and Twitter. Contact Details Wendy Yellin pr@hibbett.com Company Website https://www.Hibbett.com

March 01, 2023 10:05 AM Central Standard Time

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Right On Brands Inc. announces Chief Marketing Officer

Right On Brands, Inc.

McapMediaWire -- Right on Brands, Inc. (OTC: RTON ), a leader and innovator of HEMP DERIVED and WELLNESS products is pleased to announce today that Brock Ellison will join us as our new Chief Marketing Officer and PR officer, “Brock brings an impressive wealth of experience and knowledge to our company, having worked extensively in both digital marketing and small startups positions for over ten years say Jerry Grisaffi CEO.” In Brock's opinion, customer-centric strategies and his expertise lies in product development, digital marketing, and brand Based on his innovative and tailored thinking, companies have become more successful month-over-month after he developed his strategy. Some of those brands include AT&T, Under Armor, MAC Cosmetics, MD Anderson Cancer Center and his own digital agency, The Loyal SEO. Right On Brands Inc. and our subsidiaries truly believe the key to great marketing is understanding customers' needs and building relationships that leave a positive impact on our community. Brock is ready to show us the creativity he will bring to your favorite brand, through improving different marketing initiatives. With his leadership and knowledge, we will achieve even more by driving growth and making a positive impact on our community. On a personal note, Brock is here to help us make a real difference to improve the life of those suffering from chronic pain and illnesses. Prior to Endo Brands, he was a full-time caregiver to his mom, who passed in April 2020 from Stage 4 breast cancer. Furthermore, he has had success in digital marketing for dispensaries as he lived in Colorado from 2016 to 2018. Brock graduated from the University of Houston in 2011 with a degree in Public Relations and Marketing. “We're excited to put his skills to work for our team and the community, so we can build meaningful relationships and promote positive change”, says Grisaffi. Welcome aboard, Brock! Forward-Looking Statements This press release contains information that constitutes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of All such forward-looking statements involve risk and uncertainties that could cause actual results to differ materially from any future results described by the forward-looking statements. Risk factors that could contribute to such differences include those matters more fully disclosed in the Company's reports filed with the SEC. The forward-looking information provided herein represents the Company's estimates as of the date of this press release, and subsequent events and developments may cause the Company's estimates to change. The Company specifically disclaims any obligation to update the forward-looking information in the future. Therefore, this forward-looking information should not be relied upon as representing the Company's estimates of its future financial performance as of any date after the date of this press release. If you know anyone that would like to know more about becoming an Endo Dispensary store, please contact us at: jerry@rightonbrands.com About Right on Brands: Right on Brands, Inc., (OTC: RTON) is a Dallas based, consumer goods company specializing in the brand development and distribution of hemp-based foods, beverages, smokables, oils and topical products. Right on Brands, Inc. is a developer of a broad line of hemp-based smokables, beverages, tinctures, and topical products including products infused with CBD, Delta-8, Delta-10, THCV, CBDV, and Delta-9 (below the federal limit) and the all new HHC vapes, gummies and tinctures. About ENDO Brands: ENDO Brands™, Humbly Hemp®, and ENDO Dispensary & Wellness™ Endo Franchise Group Inc, all share the same goal of providing our customers with the best products in the health and wellness space. As the field of health and wellness products expand, Right on Brands will be there with industry leading Food and Beverage and wellness Products. To learn more, please visit: https://rightonbrands.com/ www.endobrands.com www.ENDOdispensaryrowlett.com email: jerry@rightonbrands.com or mike@rightonbrands.com or call Mike Brown (214) 299-9528 ENDO Brands Corporate Store: ENDO Brands at Lakeview Plaza 6501 Dalrock Road Suite 100 Rowlett, Texas 75089 214-299-9528 AUSTIN LOCATION 12412 Limerick Avenue, Austin, Texas 78758 www.endoofaustin.com 512-621-0649 LAREDO LOCATION ENDO Laredo 2413 Jacaman Rd Laredo, Texas www.endolaredo.com 956-568-2300 HOUSTON LOCATION 3301 Louetta Rd Ste 109 Spring, Texas 77388 832-583-5383 (Website coming soon) MIAMI FLORIDA LOCATION 10850 SW 104 th St, Miami, Florida 33156 www.endo-miami.com PLANO LOCATION 601 W. Parker Road, Plano, Texas 75023 469-366-9694 NOW OPEN DALLAS LOCATION 9585 Scyene Road, Dallas. Texas NOW OPEN (Website coming soon) Contact Details Mike Brown mike@rightonbrands.com Company Website https://rightonbrands.com/

March 01, 2023 09:00 AM Eastern Standard Time

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HIBBETT | CITY GEAR AND HAPPY RETURNS, A PAYPAL COMPANY, LAUNCH 1100+ NEW RETURN BAR LOCATIONS ACROSS AMERICA

Hibbett, Inc.

Hibbett, Inc. (NASDAQ:HIBB), an athletic-inspired fashion retailer, today announced the addition of Happy Returns’ Return Bars in its more than 1,100 Hibbett and City Gear specialty stores nationwide. Online shoppers can now quickly make returns from hundreds of online retailers in-person, box-free and label-free at Hibbett and City Gear stores in 36 states. “Innovation is a key operating principle for Hibbett as we continuously look for ways to improve the shopper experience and adapt to ever-changing consumer needs and wants,” said Ben Knighten, Senior Vice President, Store Operations, Hibbett, Inc. “We are helping expand the Happy Returns network with the added convenience of more than 1,100 new Return Bars and introducing Happy Returns shoppers to the best-in-class Hibbett and City Gear customer experience.” Known for the hottest trends and leading brands in athletic-inspired fashion and footwear from brands like Nike, Jordan and adidas, Hibbett provides underserved markets with exceptional product and unrivaled customer service. Through this work with Happy Returns, Hibbett will further extend its customer service to millions of consumers who may not have shopped with Hibbett and City Gear before. Additionally, the Hibbett and Happy Returns alliance will help reduce cardboard waste through the use of reusable containers and will help lower greenhouse gas emissions compared to returns by mail. To use Happy Returns, online shoppers retrieve a QR code from the website where they purchased their item. The shopper then brings the return item and QR code to one of 1,100+ Hibbett or City Gear locations near them and stops by the checkout counter to drop it off, for an immediate refund and an emailed coupon to use in store once the return is completed. “Returns are finally being recognized for their importance in the shopping journey,” said David Sobie, VP of Happy Returns, a PayPal company. “Shoppers have no patience for printing labels or boxing items to return via mail and instead overwhelmingly choose to return box-free and in person whenever possible. With the addition of Hibbett’s stores to our network, we now have over 6,000 Return Bars, which means 78% of American households are within 10-mile drive of a Happy Returns drop off location.[1]” About Hibbett, Inc. Hibbett, headquartered in Birmingham, Alabama, is a leading athletic-inspired fashion retailer with 1126 Hibbett and City Gear specialty stores, located in 36 states nationwide. Hibbett has a rich history of convenient locations, personalized customer service and access to coveted footwear, apparel and equipment from top brands like Nike, Jordan, and adidas. Consumers can browse styles, find new releases, shop looks and make purchases online or in their nearest store by visiting www.hibbett.com. Follow us @hibbettsports and @citygear on Facebook, Instagram and Twitter. [1] Analysis 2020 Census Data Contact Details Wendy Yellin pr@hibbett.com Company Website https://www.Hibbett.com

February 28, 2023 10:05 AM Eastern Standard Time

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