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Sturges Joseph Karban, 45, of Boston, Los Angeles, and Naples, sadly passed away on Tuesday, April 9, 2024. He is survived by his mother, Jonnie Sturges; father, Dr. Edward Karban, and his spouse, Paige Karban; younger sister, Stephanie Smith, and her spouse, Benjamin Smith, as well as his two nephews, Theodore and Jonathan Smith.
Celebrate the life of Sturges Joseph Karban from Naples, Florida. Read his obituary, share your memories and condolences, get key updates, and see any funeral details on Sturges Joseph Karban's personal online memorial on Ever Loved. This is your place to remember Sturges.
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- Raising Millions
- Expansion Mode
- Sales Decline
- Strategic Review
Money was also flowing in via various fundraises. In September 2020, ManifestSevenclosed on an aggregate of $10.2 million in gross proceeds raised via three private placements of equity and convertible debt in 2020. At the time CEO Sturges Karban said, “Today’s announcement is a resounding affirmation of M7’s business model and corporate resilience...
In November 2020, M7 received another $2.31 million ($3.0 million CAD) from a noteholder in fulfillment of a subscription to the company’s 17.5% Subordinated Secured Convertible Notes. By February 2021, M7 announced the opening of its fully-licensed, multi-purpose facility in Brisbane, California, located directly south of San Francisco. The Brisba...
As the company moved into April 2021, M7 reported its fiscal first-quarter 2021 earnings. M7 said it generated consolidated revenue of $3.8 million during the first fiscal quarter, which fell from $4.1 million for the same prior-year period. M7 said “This decrease was primarily due to a decline in revenue generated from ancillary product sales due ...
By July 2021, the party was essentially over not even a year after going public. M7 reported its fiscal second-quarter earnings with revenue of $3.8 million, essentially flat but more importantly, M7 said it had initiated a strategic review. That’s Wall Street talk for things are not going well and we’ve got to figure a way out of this mess. Maximi...
Oct 4, 2020 · According to ManifestSeven’s chief executive officer, Sturges Karban, the firm’s strategy, which he calls “specialized integration,” is leading the way for the state legal industry into Cannabis 2.0.
Karban’s Caldera Mineral Resources, a subsidiary of Thorin Resources, acquired the mine in September 2017, according to court records. Karban said he took ownership of the mine in exchange for “in-kind consideration” — an acquisition that came with a hefty amount of environmental cleanup.
"The prevailing wisdom has been that a conservative administration would be less receptive, but I think legalization is now inevitable on its own kinetic energy,” said Sturges Karban, chief...
