Cobb To Become CEO of CannCure, Step Down From SOL Global
SOL Global (CSE: SOL) announced this evening that its investee CannCure will be going public via a reverse takeover transaction with that of NEX listed Goldstream Minerals (NEX: GSX). The transaction will see current SOL Global CEO Brady Cobb step down from his role in exchange for taking the chairman and CEO role at CannCure. […]
Cantor Fitzgerald Speculates on Canopy Growth Acquisition by Constellation Brands
Cantor Fitzgerald this morning released a note speculating on Constellation Brands (NYSE: STZ) purchasing that of Canopy Growth Corp (TSX: WEED) (NYSE: CGC) outright. The note is based on the current equity price of Canopy Growth being far below that of the warrants in which Constellation holds the rights too. As per the note issued […]
Cresco Labs Finally Closes Acquisition of Origin House
The acquisition of Origin House (CSE: OH) by Cresco Labs (CSE CL) has finally closed as of this morning. The transaction gives Cresco significant access into one of the world’s largest cannabis markets via Origin House’s dominant position within the state of California. While it took longer than anticipated to arrive at this point, the […]
Qyou Media Rated as Buy, Given Price Target of $0.30 By Analyst
Ubika Research has put out a report on Qyou Media (TSXV: QYOU) this morning, announcing coverage while simultaneously rating it as a “buy” and giving the equity a price target of $0.30. The report and corresponding price target is heavily predicated on the India-focused content producer now entering its fourth stage of development, which is […]
iAnthus Opens 12th Florida Location, Announces Future Plans for State
iAnthus Capital Holdings (CSE: IAN) this morning announced that it has opened its twelfth dispensary location in the state of Florida as of this morning. More significantly, the firm also announced its intention of opening future locations within the growing medical-only state, where there are now just under 300,000 medical marijuana patients routinely accessing product. […]
Gold Hits New Highs, Oil Soars On Reports of Trouble In Middle East
The spot price of gold is currently soaring to new highs as a result of reports related to the ongoing situation in the Middle East between the United States and Iran within Iraq. Recent reports published by Fox News and ZeroHedge have indicated that Iranian missiles have attacked multiple locations of US forces in the […]
Market Movers: FSD Pharma Climbs 46% in Intraday Trading
FSD Pharma (CSE: HUGE) has experienced a massive run up this week on the back of news that it will soon be cross listed on the Nasdaq exchange in the US. The equity had ran as far as $14.50 today, before giving back a significant portion of the gains as long term shareholders look to […]
Harvest Health Sues Falcon International, Requests Termination of Merger Agreement
Harvest Health & Recreation (CSE: HARV) has sued Falcon International, the California operator that the company announced it was acquiring back on February 14, 2019. Among other items, Harvest has alleged that Falcon has failed to provide the required auditable financial records, and that multiple legal obligations have failed to have been met. Overall, Harvest […]
Nutritional High Sees Large Hit to Revenues After Major Lost Contract
Nutritional High (CSE: EAT) issued a slightly misleading news release this morning, identifying that the company had “recorded record December sales” within the headline. However, upon actually reading the news release, it’s quickly noted that this figure excludes Plus Products merchandise due to a major contract terminated last month. For the month of December, Nutritional […]
High Tide Secures Expensive $10 Million Secured Credit Facility
It appears that the reason for High Tide Inc’s (CSE: HITI) late afternoon halt yesterday, is that the firm managed to secure additional funds so as to be able to keep the lights on. The retailer secured $10.0 million in senior secured convertible debt, from lender Windsor Private Capital. It’s been indicated that the funds […]