Jushi Holdings Closes Debt Financing of US$45.21 Million
Jushi Holdings Inc. (CSE: JUSH) has announced the closing of its debt financing, with proceeds of US$35.65 million and exchanged debt of US$9.56 million. The company initiated debt financing in order to fund its working capital as well as to invest in growth and expansion efforts. As per the company’s debt financing options, investors could […]
Charlotte’s Web Announces New Management Appointments
Charlotte’s Web Holdings Inc. (TSX: CWEB) has announced the appointment of several new members to its executive team, as well as accepted the resignation of its Chief Operating Officer. The company’s new role of Chief Cultivation Officer is going to be filled by Jared Stanley, who is the company’s co-founder and previously held the role […]
Skeena Resources Is Setting Up A Blockbuster With The Eskay Creek Sequel
Gold stocks are all about stories, and since making a story good is all in the timing, we’ve really got to hand it to the team at Skeena Resources (TSXV: SKE), who have managed to trot out a CLASSIC brand name at the exact moment that gold begins its rise up against the century-long oppression […]
Medipharm Labs Receives Australian Drug Import License
Medipharm Labs (TSX: LABS) announced this morning that the firm has received an importation license from the Australian Department of Health, Drug Control Section, enabling the firm to import Schedule 4 drugs into the country. The step is a critical one, in that it gets Medipharm closer to executing upon its international strategy. Now that […]
Adam Bierman Resigns As CEO of Medmen Enterprises
It appears to be the end of an era. Medmen Enterprises (CSE: MMEN) this morning announced that co-founder and current Chief Executive Officer Adam Bierman has elected to resign from his role as CEO of the firm. The announcement has been viewed as positive news for shareholders whom have long called for a management shake […]
GM Announces Return of the Hummer, this time, All-Electric
This morning General Motors (NYSE: GM) rolled out their new website with a brief blog roll on the new all electric Hummer. The company is resurrecting the Hummer brand for a new all-electric truck that will have upto 1,000 horsepower and go from 0 to 60 MPH in under 3 seconds. The new electric Hummer truck will […]
Patriot One Awarded Contract with Canadian Department of National Defense
Patriot One Technologies (TSX: PAT) has announced that is has been awarded a contract with the Canadian Department of National Defence through an innovation program initiated by Innovative Solutions Canada in the amount of $780,000. The contract will see that the Canadian Department of National Defense evaluates, deploys, and purchases Patriot One’s PATSCAN Multi-Sensor Covert […]
Jushi Holdings Acquires Two Illinois Cannabis Dispensaries
Jushi Holdings Inc. (CSE: JUSH) announced that Jushi Inc, a wholly owned subsidary of Jushi Holdings, has been granted 75 percent interest in TGS Illinois LLC’s two medical cannabis dispensaries located in Normal, Illinois, and Sauget, Illinois currently operating under the banner The Green Solution. The two retail stores have previously been operating as medical […]
Liberty Health Becomes Operationally Cash Flow Positive In Third Quarter
Liberty Health Sciences (CSE: LHS) filed its third quarter financial results last night, although the firm has yet to issue a related press release. The lack of a release is puzzling, given strong results demonstrated by the firm on a quarter over quarter basis. Third quarter revenues came in at $16.1 million, an increase of […]
Sundial Growers Axes Management Team, Implements Cost Cutting Measures
Sundial Growers (NASDAQ: SNDL) is the latest cannabis operator to go through significant management changes as a result of weaker than expected results. This morning the Alberta-based firm announced that its CEO will be leaving the company along with the COO, while the firms Executive Chairman will be stepping down to a lesser role on […]