Edgewater Wireless Hosts Successful Webinar on Patented Dual Channel Technology
Edgewater Wireless (TSXV: YFI) hosted a successful webinar late last week on the topic of dual-channel WiFi. Working in collaboration with CableLabs, Edgewater identified the need for its patented dual channel technology in the current tech environment, and the benefits it can provide in the $12.9 billion residential WiFi marketspace. Current wifi technology is based […]
Fire and Flower to Uplist to TSX August 7, 2019
Fire and Flower Holdings (TSXV: FAF) announced this morning that it will be up listing to the Toronto Stock Exchange effective August 7, 2019. The listing is a result of its previously announced deal with Alimentation Couche-Tard being approved by over 50% of shareholders. While announced just last week, the deal was approved by a […]
Kalytera Therapeutics Cancels Vote On Potential Reverse Split Transaction
Kalytera Therapeutics (TSXV: KLY) announced in an after hours news release on Friday evening that it will be removing the option to vote on a share consolidation at the annual meeting to be held on Monday evening. The cancellation is a result of the push back seen from major shareholders on the potential for a […]
CIBC Downgrades Aphria
This morning Aphria was downgraded to Underperform from Neutral by CIBC analyst John Zamparo lowering his price target for the shares to $6.50 from $12. Zamparo cited concerns about “aggressive” estimates, potential asset impairment, a “leadership void and less robust supply contracts” for the downgrade. He told investors in a research note Aphria likely captures […]
CannTrust Fires CEO Peter Aceto, Chairman Eric Paul Resigns
This evening news broke via Jameson Berkow on Twitter Canntrust has terminated CEO Peter Aceto with cause and Chairman Eric Paul has resigned. Aceto recently fell under scrutiny after reports CannTrust was growing cannabis in unlicensed rooms within their facility. Over the last 24 hours, stories emerged of Aceto partaking in videos where he appears […]
Auxly Cannabis Receives $123 Million Cash Injection From Imperial Brands
Auxly Cannabis Group (TSXV: XLY) announced this morning that it would be receiving a significant investment from Imperial Brands PLC, marking one of the first such investments from a tobacco player into the cannabis sector. The news is the second this week wherein a significant investment has been made by an outside corporation into the […]
Namaste Technologies Settles Class Action Lawsuits
Namaste Technologies (TSXV: N) announced this morning that it had settled class action lawsuits that were commenced against the firm in 2018. The class action was a result of findings in Citron Research’s short report against the firm, which claimed self dealing was occurring Namaste Tech. Total settlements amount to US$4.9 million for the settlement […]
Edgewater Wireless To Host Webinar on Dual Channel WiFi Technology
Edgewater Wireless (TSXV: YFI) will be hosting a webinar tomorrow, Thursday, July 25, 2019, to demonstrate its innovative dual channel Wi-Fi. The purpose of the webinar is to explain the benefits that the dual channel technology will provide over that of traditional single channel applications. Starting at 2:00 PM EST, the webinar will feature Luther […]
Alimentation Couche-Tard to Invest Up To C$380 Million in Fire and Flower Holdings
Alimentation Couche-Tard (TSX: ATD.A ATD.B) and Fire and Flower Holdings Corp (TSXV: FAF) announced this morning that Couche-Tard will be strategically investing up to C$380 million into the cannabis retailer over the next several years. While the investment is to occur in stages, upon final completion Couche-Tard will own up to 50.1% of Fire and […]
Ionic Brands Completes Acquisition of Zoots Edibles
Ionic Brands (CSE: IONC) announced this morning that it has completed the acquisition of Washington-based Natural Extractions, which has been doing business as Zoots Premium Cannabis Infused Edibles. The definitive agreement was originally announced on April 23. The total purchase price equates to roughly US$11 million, in the form of shares and cash. Total cash […]