Medipharm Labs Scrambles To Instill Investor Confidence
Medipharm Labs (TSX: LABS) appears to be scrambling to quell investor fears, releasing an update this morning identifying that the firm still has ample liquidity to continue its operations. The news release and reassurance from the company comes as investors become increasingly concerned about the firms financial position following Medipharm filing a statement of claim […]
Tesla Reports Q4, Company Beats Top-line Expectations
After market close today Tesla (NASDAQ: TSLA) released their 4th quarter financials. The highlights included: Q4 revenue grew 2% to $7.38 billion as Tesla delivered about 112,000 vehicles during the period and a record 367,500 for the full year. A net profit of $105 million (58 cents per share) for the quarter. The company also […]
Curaleaf Opens Cannabis Dispensary in Provincetown, Massachusetts
Curaleaf Holdings Inc. (TSX: CURA) has announced its new retail dispensary in Cape Cod, Massachusetts will be opening today, January 29, 2020. Curaleaf’s new store will be operating seven days per week, with operating hours between 10 am and 6 pm during the winter and spring season, and then will be open for 12 hours […]
AgraFlora Organics Issues Construction Update On Edibles Facility
AgraFlora Organics International Inc. (CSE: AGRA) has announced that construction of the company’s cannabis edibles production facility located in Winnipeg is 75 percent complete, and the remaining work is anticipated to be done within the next 60 days. Moreover, AgraFlora is expecting to receive its Standard Processing License from Health Canada by mid 2020, once […]
Monarch Gold Releases Preliminary Second Quarter Results
Monarch Gold Corp (TSX: MQR) has released its preliminary second quarter financial results as well as mineral resource results ending on December 31, 2019. The company has reported quarterly revenues of $2.5 million, which is a significant decrease compared to the previous years second quarter revenues of $11.4 million. Comparatively, ending in December 31, 2018, […]
Market Moving: The Elements of the Venture Exchange’s Ongoing Resurgence
The TSX Venture Exchange is the largest regulated venture-stage equities exchange in the world. Those of us who trade it or cover it sometimes lose touch with the fact that listing the stock of venture stage companies isn’t common practice. There are no exchanges for venture stage issuers in the United States, where backers are […]
Tetra Bio-Pharma Releases Update Regarding its Veterinary Clinical Study
Tetra Bio-Pharma Inc (TSXV: TBP) has released an update regarding its clinical study for the veterinary treatment of eye pain found in animals suffering from indolent corneal ulcers. In 2019, the company received approval from Health Canada to organize a cannabinoid drug manufacturing facility in New Brunswick where it can develop ophthalmic drugs which have […]
PowerBand Solutions CEO And Largest Shareholder Voluntarily Lock Up Shares
PowerBand Solutions (TSXV: PBX) announced this morning that its Chief Executive Officer, whom is also the firms largest shareholder, has entered into a voluntary escrow arrangement with that of Computershare related to his holdings in the company. The move comes as the firm nears the operationalization of its cloud based platform to buy, sell, trade, […]
Emerald Health Issues Shares To Settle Debt With Subsidiary
Emerald Health Therapeutics (TSXV: EMH) is charging ahead with its previously announced shares for debt transaction with that of its partially owned subsidiary Emerald Health Sciences. The transaction is anticipated to reduce Emerald Health’s debts owed related to a loan as well as to trades payable. In total, $2,816,963 in debt will be settled via […]
High Tide Acquires 50% Of Second Ontario Retail Location
High Tide Inc (CSE: HITI) appears to be focused heavily on the Ontario market, with the firm announcing this morning that it has acquired a 50% stake in a Sudbury, Ontario Canna Cabana retail location. The news follows the announcement yesterday that it had wholly-acquired a location in Hamilton, Ontario. The acquisition, which was completed […]