Canadian Monthly Home Sales Increase 57% Month Over Month
The Canadian Real Estate Association (CREA) released its latest data this morning on national home sales and listings for the month of May 2020. While sales were up 56.9% on a month over month basis from that of April, sales remain at historically low levels. Despite the month over month increase, sales were down just […]
Pyxus Files For Chapter 11, Common Shares To Be Cancelled, FIGR Brands Not Impacted
Pyxus International (NYSE: PYX) this morning announced that it and several of its subsidiaries have filed for Chapter 11 protection under the US Bankruptcy Court for the District of Delaware, as part of what it is calling a “prepackaged” case. The firms international subsidiaries, which is believed to include its Canadian cannabis operations, are said […]
PowerBand Solutions Prepares To Launch Driveaway App Nationwide
PowerBand Solutions (TSXV: PBX) announced this morning that it is preparing to launch its Driveaway app across the United States. The launch will enable consumers across the country to buy and sell vehicles via virtual auctions from any location as part of PowerBand’s consumer platform. The Driveaway app, after initially being launched for residents of […]
Auxly Sees Sunens Farms Joint Venture Receive Cultivation License
Auxly Cannabis (TSXV: XLY) announced this morning that its joint venture partner Sunens Farms has finally seen the first phase of its Leamington, Ontario greenhouse licensed by Health Canada. 360,000 square feet of the 1.1 million square foot facility has now been approved to cultivate, process and store cannabis. While only the first stage of […]
Neptune Pivots To COVID-19, Announces New Oximeter Product
It appears that Neptune Wellness (TSX: NEPT) (NASDAQ: NEPT) is the latest firm to pivot to that of being a “COVID-19 stock.” The firm announced this morning that it has launched Neptune Halo, which is “an electronic pulse oximeter device that is a key tool in the battle against COVID-19.” The product is being hailed […]
Sunniva Reverses Transactions, Ceases Extraction Operations
It seems that Sunniva Inc (CSE: SNN) is pretty well at the end of the line. The company announced this morning that it will be reversing two transactions related to membership purchase agreements that took place last year, in addition to ceasing extraction operations at the Cathedral City facility. The reversal of transactions will see […]
Bluma Wellness Expected To Commence Trading June 15
SOL Global Investments (CSE: SOL) portfolio company Bluma Wellness (CSE: BWEL.u) is set to commence trading at the open on June 15 as per documents filed late Friday by the Canadian Securities Exchange. The new issuer marks the completion of the go public transaction for CannCure Investments, which has since been renamed to Bluma. The […]
Jim Cramer Suggests Wall Street Professionals Using Poor Performing Stocks To Bait Robinhood Traders
Jim Cramer, the host of CNBC’s Mad Money has provided some much-needed insight into the recent trading fiascos surrounding amateur Robinhood investors. According to Cramer, Wall Street’s seasoned professionals are taking advantage of new investors by artificially inflating a collapsing company’s stock during premarket trading. Many popular companies that were significantly impacted by the coronavirs […]
Seasoned Investors Devising Ways to Take Advantage of Inexperienced Day Traders
It appears that professional investors are taking offence to the erratically irrational behaviour of Robinhood day traders who are taking the basic fundamentals of investing and turning them on their head. As the feud continues to escalate, the spectrum of inexperienced and experienced investors are contemplating how to best capitalize on this bizarre occurrence. Rich […]
The Deep Dive Assembles Company Overview On Datametrex AI
The Deep Dive has compiled a company overview for that of Datametrex AI Limted (TSXV: DM), a Canadian based company that is focused on AI and Machine Learning through their wholly owned subsidiary Nexalogy, with a recent focus on COVID-19 testing kits. Nexalogy unlocks valuable insights from social media data. Through its proprietary semantic clustering […]