Donald Trump Signs Executive Order Aimed at Eliminating Liability Protection for Social Media Giants
It appears that US President Donald Trump used his last remaining nerve to finally put social media behemoth Twitter into a corner, and thus exposing the rampant double standards that have infiltrated Big Tech oligarchs. The ongoing coronavirus social distancing measures have put the state of the upcoming election up in the air, as a […]
Booth Sells Portion of Aurora Cannabis Position
Ex Aurora Cannabis (TSX: ACB) (NYSE: ACB) CEO and director Terry Booth has sold a portion of his position in the company he helped found and lead to a multi-billion dollar valuation. And evidently, investors have taken notice. The filing was published late Friday evening, with Booth reporting the sale of 48,000 shares at a […]
MJardin Group Walks From Cannabella Acquisition
MJardin Group Inc (CSE: MJAR) this evening announced that it has terminated its previously announced acquisition of Carson City, Nevada based Cannabella. The now terminated transaction was initially announced a year ago in April 2019. Under the terms of the original definitive agreement, MJardin Group was to close the acquisition in the third quarter of […]
iAnthus Further Delays Q4 Financial Results To Extended Deadline
Well, it looks like the general consensus might have been (just barely) correct for once when it comes to iAnthus Holdings (CSE: IAN). The company quietly announced this morning that it would be delaying its fourth quarter financial filings yet again. Originally scheduled to be released on April 6, 2020, the company has continually delayed […]
Champignon Brands Announces Voluntary Share Lockup Agreement
Champignon Brands (CSE: SHRM) this morning announced that certain of the firms shareholders have agreed to a voluntary lockup of their holdings in the company, which is related to a prior issuance conducted by the firm. Under the voluntary share lockup agreement, 17,840,000 common shares of the firm will see their escrow conditions extended until […]
Canntrust Holdings Sees Health Canada Reinstate Cannabis Licenses At Fenwick Facility
Canntrust Holdings (OTC: CTST) appears to, somehow, be on the mend. The company announced this morning that it has managed to see its licenses for its Fenwick, Ontario facility reinstated by Health Canada despite the actions that occurred last year. The license reinstatement follows the mid-February announcement made by the firm that remediation efforts had […]
Canopy Growth Posts Revenues of $107.9 Million, Net Loss of $1.3 Billion For Q4 2020
Canopy Growth Corp (TSX: WEED) (NYSE: CGC) this morning reported its fourth quarter and full fiscal year 2020 financial results this morning, posting net revenues for the quarter of $107.9 million, a decline of 13%, and a quarterly loss of $1.3 billion on the back of significant asset impairments. Revenues were down largely in the […]
Market Movers: Eyecarrot Innovation Corp.
Eyecarrot Innovation Corp. (TSXV: EYC) seemed to come out of nowhere last week. The software / device company has traded an average of 7.4 million shares per day over the past four sessions, including 17.2 million shares yesterday, showing strong price action (+60% on the week, as per Thursday’s $0.385 close). The rally followed the […]
US Surpasses Grim 100,000 Coronavirus Death Toll, Lifting of Restrictions Will Still Continue
Despite lockdown measures being lifted around the country and non-essential businesses beginning to open their doors, the coronavirus death toll continues to rise to alarming levels within the United States. According to the most recent data from John Hopkins University, the coronavirus outbreak in the US is among the world’s deadliest. The US has now […]
Demand for Gasoline Remains Stagnant, WTI Continues on Price Decline
As OPEC+ is planning to meet in the next two weeks, investor’s are becoming increasingly concerned with whether or not Russia will continue its oil productions cuts as the coronavirus pandemic continues to ravage the world. As a result of unsettling investor behavior, West Texas Intermediate fell below $33, while crude inventories in the US […]