Trump Looking to Ban E-Cigarettes and Vape Pens?
Today the Trump administration announced they are moving forward to ban flavored e-cigarette products after six people have recently died from vaping related health problems. We are looking at vaping strongly, it’s very dangerous, children have died and people have died.. We’re going to have some very strong rules and regulations.” Donald Trump, Press Hearing, […]
theScore Media & Gaming is Matt Cox’ LOCK-OF-THE-WEEK.
Market people first ran into TSX-V traded theScore Media (TSX.v:SCR) in the spring of 2018 when it ran from $0.15 to $0.45 overnight on news that the US Supreme Court had overturned a ruling that had been preventing states from licensing conventional sports books. The major professional sports leagues had successfully sued to stop New […]
A Potential Answer to Eve & Co’s Persistent Selling Pressure
Eve & Co Inc (TSXV: EVE) has seen intense selling pressure over the last couple of months. From a one year high of $0.61 experienced in March, the equity has seen a steady decline save for a quick five day green spell in August after announcing the completion of its 780,000 square foot facility in […]
Canada House Wellness Secures $14.5 Million Convertible Debt Financing
Canada House Wellness (CSE: CHV) announced late Tuesday night that they had secured additional funding from an alternative asset management firm to the tune of $14.58 million. The financing is set to be released to the firm via a series of tranches. The financing, which is to be provided by The Lind Partners, a New-York […]
48North’s VanderMarel Resigns as Co-CEO
48North Cannabis Corp (TSXV: NRTH) announced after the bell today that co-CEO Jeannette VanderMarel has resigned from her position on the executive team. Co-CEO Alison Gordon will take on the role in full capacity on a go forward basis. VanderMarel, who came to the company via 48North’s acquisition of Good and Green in December 2018, […]
Edgewater Wireless and CableLabs
Wifi 6 is the first major architectural change to wireless LAN since its inception. In August 2016, CableLabs and Edgewater Wireless (TSXV: YFI) announced that Edgewater was chosen to be in their UpRamp Fiterator Program. This three month, semi-resident accelerator for late-stage startups, was designed to help CableLabs establish products and market fit for the […]
Valens Releases Third Quarter Guidance of $16 Million
Valens GroWorks Corp (TSXV: VGW) provided guidance this morning for its recently completed third quarter of 2019. The firm is expecting record revenues in the range of $16 – $17 million for the quarter. The figure is nearly double the $8.8 million in revenue recorded in the second quarter this year. The guidance is a […]
Medmen One Step Closer to Closing PharmaCann Merger
Medmen Enterprises (CSE: MMEN) announced that it is one step closer to closing its acquisition of PharmaCann LLC this morning. The waiting period has expired under whats known as the “HSR Act”, which is an antitrust act intended to prevent anti-competitive mergers and acquisitions. The firm was initially hit with whats known as a “second […]
JUUL Slapped with FDA Warning Letter for Health Claims
JUUL Labs, an e-cigarette products company that is 35% owned by Altria (NYSE: MO) and an expected partner of Cronos Group (TSX: CRON)(NASDAQ: CRON), was slapped with an FDA warning letter this morning as a result of its advertising and marketing practices which contain unsubstantiated claims related to the health benefits of vaping using JUUL […]
Did Cronos Group Management Personally Benefit from the Redwood Acquisition?
This morning, Twitter user @xb0y posted findings related to a potentially undisclosed insider transaction related to Cronos Group (TSX: CRON) (NASDAQ: CRON) and its CEO Mike Gorenstein as well as director Jason Adler. The Canadian licensed producer recently announced the closing of four Redwood Holdings, LLC subsidiaries, whom it appears Gorenstein had a stake in […]