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International Star, Inc. - $ILST STOCK NEWS

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.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect International Star's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of International Star's position in the market.

Rhea-AI Summary

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.

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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.

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International Star, Inc. (ILST) appoints Todd Masse as new CEO, bringing extensive experience in various industries, including cannabis. Masse's successful track record in compliance solutions and product innovation positions ILST for growth and success in the rapidly evolving cannabis sector.
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International Star Inc. acquires 20% stake in B Studios, continues strategic expansion in cannabis-themed entertainment
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International Star Inc. has entered into a royalty agreement with National Tobacco, allowing Clipper Lighters to use the intellectual property of Fryday LLC, a joint venture partnership with Ice Cube. The agreement will focus on incorporating the IP into the 2023 Clipper lighter collection. International Star Inc. has achieved record-breaking sales results in Q2 2023, with royalty-eligible sales surpassing $1,400,000. The company's unique business model and strategic partnerships have contributed to its success in the competitive global cannabis market.
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International Star Inc. and Budding Equity have announced the addition of Dale Mercer to their team. Mercer's 15 years of experience at HBI International, particularly with the RAW rolling paper brand, contributed to 300% growth in sales and gross profit. The companies are confident that Mercer's expertise will lead to long-term growth and success.
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International Star, Inc.

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