PowerBand Sees D&P Holdings Invest Further US$2.5 Million
PowerBand Solutions (TSXV: PBX) announced this morning that investor D&P Holdings has elected to exercise its right to acquire 21% of the firms Canadian leasing division. The exercise of the option will see 21% of the division acquired for US$2.5 million, valuing the subsidiary at approximately US$11.9 million. The option to acquire 21% of PowerBand’s […]
CloudMD Enables Free Telehealth Solutions To 3,000 Healthcare Professionals
CloudMD Software & Services (CSE: DOC) is doing what it can to assist healthcare professionals in the battle of slowing the coronavirus pandemic. This morning, the firm announced that it will be offering a free trial to all medical professionals currently utilizing it’s Juno electronic medical record system (EMR) for its built-in proprietary telemedicine solutions […]
Booth Dumps Majority Of Position In Aurora Cannabis
What do you do when a founder dumps his shares on the open market? Thats the question being asked by current shareholders of Aurora Cannabis (TSX: ACB) (NYSE: ACB) after its been revealed that founder and former CEO Terry Booth has been dumping his position in the firm on the open market. Last week, Booth […]
Is 2020 The Year Cannabis Extractors Come Down With The Cronos Virus?
Our sharp-eyed editor Jay pointed out last week that cannabis cultivator Cronos Group Inc. (TSX: CRON) (NASDAQ: CRON)‘s delay in the release of their year end financials to give their audit committee a chance to figure out how to treat “several bulk resin purchases and sales of products through the wholesale channel, and the appropriateness […]
WELL Health Provides Corporate and COVID-19 Update
WELL Health Technologies Corp (TSX: WELL) has released its corporate update, in addition to providing a report on its healthcare services amid the COVID-19 outbreak. Thus far, the company’s patient visit levels in the last several weeks is up to par with the previous year’s numbers, but WELL is expecting that number to rise amid the […]
Tilray Announces $90.4 Million Financing
Ever been so strapped for cash that you announced a $90.4 million registered offering during the worst financial week in over a decade? Evidently, Tilray Inc (NASDAQ: TLRY) has. The company this morning announced that it will be conducting a financing for up to $90.4 million this morning, which is expected to close March 17, […]
Tidal Royalty Enters Amended Agreement With Michicann
Tidal Royalty Corp (CSE: RLTY.u) released an update late last night related to their seemingly endless business combination with that of Michicann, informally known as “Red White & Bloom”. As of March 12, the company has entered into an amended and restated business combination agreement, and anticipates the resumption of trading later this month. Under […]
A Deep Dive Into The Shallow Pool of Listed Cannabis Debentures
Yesterday we took a break from small cap equities to take a look at the corporate bond market that might or might not be in the process of leading a global financial collapse. Today we’re having a quick look at the very few tradeable bonds in the legal cannabis world, which was falling apart a […]
Ovation Science Reports Demand Increase for Sanitizer Products
Ovation Science Inc (CSE: OVAT) has received a substantial increase in demand for its DermSafe hand sanitizer across the globe. Thus far, the company has shipped 25,000 bottles of the hand sanitizer to China, in addition to the thousands of bottles that are being shipped to Canada and the United Kingdom. As of March 11, […]
James Wagner To Begin Selling Recreational Product In Ontario
James E. Wagner Cultivation (TSXV: JWCA) has received its first purchase order from the of the Ontario Cannabis Store, marking the firms first step into that of the recreational cannabis market. The purchase order is anticipated to be fulfilled next week. While the company was quick to announce the arrangement, James Wagner provided little actual […]