Welcome to our dedicated page for International Star news (Ticker: $ILST), a resource for investors and traders seeking the latest updates and insights on International Star stock.
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International Star (ILST) has announced that its subsidiary, Budding Equity, will debut its co-produced film, 'AMFAD: All My Friends Are Dead,' at the Tribeca Film Festival on June 8, 2024. Directed by Marcus Dunstan, the film blends slasher horror with dark humor and features a young cast including Jade Pettyjohn and Jojo Siwa. It will be released theatrically in August, followed by a digital release.
The movie introduces a new cannabis strain, the G.O.A.T., available in five states, with plans for expansion. Budding Equity holds a 10% equity stake in the film. The project signifies ILST's strategic move into content and IP development, aiming to build high-end, recognizable brands in the cannabis market.
Future projects with B Studios will be announced later this year. The new CEO, Todd Masse, emphasizes the company's market differentiation through such unique deals.
International Star CEO Todd Masse issued a letter to shareholders outlining his commitment to the company's success. Masse plans to optimize current operations, monetize assets, expand revenues, pursue acquisition opportunities, and stay abreast of changing regulations in the industry. Shareholders can expect updates on operational growth, new contracts, and potential acquisitions in the future.