Pasha Brands Sees Majority of Board Resign
Pasha Brands (CSE: CRFT) has finally released news following its two day trading halt, revealing that the firm has seen a large portion of its Board of Directors resign as of late. The news follows last weeks announcement of conducting a layoff of twelve of its employees as a result of refocusing on revenue generating […]
WeedMD To Acquire Starseed Holdings In All Stock Transaction
WeedMD Inc (TSXV: WMD) announced this afternoon that the firm will be acquiring Bowmanville, Ontario based grower Starseed Holdings. The transaction, valued at $78 million, will see WeedMD gain access to Starseed’s notable union-based clientele, opening up additional sales channels for the firm in an all-stock transaction. Starseed Holdings differs from many within the Canadian […]
Auxly Cannabis Secures Assets of Curative Cannabis
Auxly Cannabis (TSXV: XLY) has officially completed the foreclosure process on the share collateral of Curative Cannabis as of 4:00 PM Wednesday. The result, is that Auxly is now in possession, and owns, all 125 shares of Curative Cannabis, effectively making the LP applicant a wholly owned entity of Auxly. As The Deep Dive previously […]
Pure Sunfarms Drama Continues with Village Farms Indicating Emerald Health’s Claims Are Invalid
The dispute between Emerald Health Therapeutics (TSXV: EMH) and Village Farms (TSX: VFF) (NASDAQ: VFF) appears to be the hit drama of the holidays. Not wanting to disappoint viewers over the US holiday weekend, Village Farms further developed the story this morning by announcing that Emerald Health’s attempts to satisfy its debt with Pure Sunfarms […]
Sunniva Receives 30 Day Notice to Terminate for California Campus Lease
Sunniva Inc (CSE: SNN) may be about to lose some of its Californian operations, while all of its Canadian operations are currently in pending sale agreements. The issuer announced earlier this week that it had been slapped with a 30-day notice of termination under its build to lease agreement for its California Campus facility. The […]
Zenabis Global Raises $20.8 Million Via Rights Offering
Zenabis Global (TSX: ZENA) announced this morning that the firm has completed its rights offering as of yesterday. In total, the firm raised approximately $20.8 million through the offering, which was the initial target announced for the financing. The firm indicated that the offering as a result was over subscribed. While the financing has added […]
“Chasing AMY”: American Manganese, the Microcap Moving with the Green Tide.
American Manganese (TSXV: AMY) is focused on tackling environmental concerns of the new green wave. There may never have been a more enduring and popular cultural theme than the modern consumer environmental consciousness. Surely, it’s nothing new. Awe of and respect for nature dates back centuries in literature, and the idea that human-caused pollution from […]
NameSilo Q3 Earnings: Revenues Up 57.9% Yearly and 12.8% Quarterly
This morning NameSilo Technologies Corp. (CSE: URL) announced earnings showing a 4th consecutive quarter of both record revenue and EBITDA. From Q2’19 to Q3’19 revenues increased 12.8%, with a 10.1% increase in gross margins, and an 11.20% Adjusted EBITDA Margin. Key metrics from the last three quarters include: Q3 2019 Q2 2019 Q1 2019 […]
Emerald Health Disputes Village Farms Again, But Do They Have Grounds To?
Surprising absolutely no one, this morning Emerald Health Therapeutics (TSXV: EMH) responded to Village Farms (TSX: VFF) (NASDAQ: VFF) release issued yestereday, wherein Village identified that it had been approved for majority ownership in Pure Sunfarms. The endless saga, which will likely be drawn out until at least February, is related to Emerald’s inability to […]
Tinley Beverage Flagship Facility Nears Licensing, Eyes Potential Capacity Expansion
Tinley Beverage Co (CSE: TNY) announced this morning that it has confirmed with the state of California that all state regulatory requirements for the issuance of a cannabis manufacturing license have been met, pending a municipal approval. The remaining hurdle to acquire its manufacturing license lays in receiving municipal approval from the City of Long […]