Aphria Liquidates $39 Million GA Opportunities Promissory Note
Aphria Inc (TSX: APHA) (NYSE: APHA) announced this morning at the bottom of a news release that it has finally resolved the debt owed to the firm by GA Opportunities Corp under a promissory note. The company has liquidated the $39 million in debt associated with the promissory note for total proceeds of $26 million. […]
Khiron Imports First Product To UK, Receives First European Prescriptions
Khiron Life Sciences (TSXV: KHRN) has officially entered the United Kingdom’s medical cannabis market, announcing this morning the receipt of its first prescriptions for patients within the country. The prescriptions are via Project Twenty21, Europe’s first and largest medical cannabis registry study. Project Twenty21 is working towards becoming the largest body of evidence for the […]
US Manufacturing Orders Drop by Record Amount Amid Coronavirus Pandemic
The coronavirus has caused significant disruptions across the US, shattering vital supply chains and reducing essential exports. As a result, new manufacturing orders for US-made goods have dropped by a record amount in March. Previously, Reuters polled various economists, who predicted factory orders would drop by 9.7% for the month of March; however, the worst […]
Hong Kong Sees Largest GDP Decline on Record
As the first data results pour in from around the world, it becoming increasingly evident the grim destruction the coronavirus pandemic has been leaving behind. Briefly shining the spotlight on Hong Kong’s economy, the first quarter has been the subject of the steepest GDP decline on record, with a drop of 8.9% year-over-year. Although such […]
US Treasury Set to Borrow Record $2.99 Trillion in Second Quarter
As the US economy is in the middle of fighting its invisible war against the coronavirus, the Federal Government’s spending continues to soar, surpassing historic stimulus borrowing with a record of $2.99 trillion by the second quarter. In the second half of the fiscal year, the US Treasury Department is anticipating to issue an additional […]
MustGrow Biologics Initiates South American Strategy
MustGrow Biologics (CSE: MGRO) has initiated a South American strategy for the registration of TerraMG for its use in several crop groups a a bio-pesticide. The announcement follows the continued registration efforts with the US EPA and the Canadian PMRA. TerraMG is MustGrow’s flagship product, which is derived from mustard seed to create a liquid […]
Gold’s Gym Files for Bankruptcy Protection Due to Coronavirus Pandemic
As the coronavirus pandemic began to infiltrate the US population, many businesses and services were ordered to temporarily close their doors as a bid to mitigate the rapid spread of the deadly virus. One of those non-essential businesses which had to reluctantly cease operations across the US were gym clubs, of which the most prominent […]
Mind Medicine Announces $10.0 Million Bought Deal At Large Discount To Share Price
Mind Medicine (NEO: MMED) this morning announced a bought deal financing with Eight Capital as sole bookrunner. The financing, for a total figure of $10.0 million, will be used to fund MindMed’s ongoing collaboration with that of University Hospital Basel’s Liechti Laboratory as well as for general corporate purposes. The financing is being conducted at […]
Harvest Moon: Khiron Life Sciences Posts Encouraging Earnings
Overall, we view the recent announcements and earnings surrounding Khiron Life Sciences (TSXV: KHRN) as very positive news. The numbers assure that Khiron will have the funding needed to move forward, while also having the supply to meet its previously announced strategic goals. As such, we believe the Company is progressing well through its strategy […]
Great Bear Updates With More Great Results
Yesterday Great Bear Resources (TSXV: GBR) reported results from their ongoing $21 million exploration program in the Red Lake district of Ontario on the Dixie Project. The gold explorer which has been the talk of the Canadian junior mining world continues to excite gold bugs with each series of results. The Red Lake district has historically produced over 25M ounces […]