Caldas Announces US$110 Million Streaming Arrangement With Wheaton, Subsequent Financings
Caldas Gold Corp (TSXV: CGC) this morning announced that it has managed to secure a non-binding term sheet for a US$110 million investment from that of Wheaton Precious Metals (TSX: WPM), which will be in the form of a precious metals purchase agreement. The arrangement proposes that Wheaton will purchase 6.5% of the gold produced […]
Invictus Announces Sale of Acreage Pharms, Shareholders To Get Nothing
Invcitus MD Strategies Corp (NEX: GENE) announced this morning that it has entered into an arrangement for the sale of Acreage Pharms under its ongoing bankruotcy filing. The company did not disclose the value of the transaction. While a dollar figure was not issued by the company, it was identified that all existing shares of […]
Apple to Reinstate Store Closures as Coronavirus Cases Spike Across the US
As many states across the US began to hastily reopen their economies and lift stay-at-home orders, the number of new coronavirus cases began to suddenly increase. The new spike in infection rates has caused some retail stores to reconsider the reopening of some locations hit hard by the pandemic. Apple Inc first began to temporarily […]
World Health Organization Warns of Dangerous Second Phase of COVID-19, Cases Continue to Rise Across US States
On Friday, the World Health Organization (WHO) issued a grim statement regarding the coronavirus crisis. According to WHO Director-General Tedros Adhanom Ghebreyesus, the pandemic continues to accelerate, with over 150,000 new cases of the virus being reported on Thursday- the highest number of cases being reported in a single day thus far. Although many countries […]
Harvest Moon: Valens Company VS Medipharm Labs – Share Price Indicators
Of the 100 companies in the BI Global Cannabis Competitive Peers index tracked in 2019, The Valens Company (TSX: VLNS) & MediPharm Labs (TSX: LABS) were #2 and #3 top performers with gains of 127% and 122%, respectively. The BI index, by comparison, fell 50% over the same period. However, 2020 so far has been […]
Canadian Retail Sales Reported Declines Across all Subsectors Amid Coronavirus Pandemic
Recent data compiled by Statistics Canada provides a more detailed extent of the economic damage caused by the coronavirus pandemic. In April, Canadian retail sales fell by 26.4% to a total of $34.7 billion. According to respondent feedback, a total of one third of retailers closed their stores in April to coincide with social distancing […]
Revive Therapeutics And The Psychedelic Revolution
A massive psychedelics boom is already here. In fact, with the potential to treat a wide range of mental and health issues for millions, it’s opening a wide range of opportunity for companies, like Revive Therapeutics (CSE: RVV) (OTC: RVVTF), which recently announced a $2.75 million acquisition of Psilocin Pharma Corp., a specialty psychedelic sciences company […]
Spotlight Series: Tinley Beverage Co Facility Tour With Rick Gillis
Welcome back to The Deep Dive Spotlight Series. Today, we’re chatting with Rick Gillis, President of Tinley Beverage Co (CSE: TNY) while also being privy to a tour of the firm’s new bottling facility. Tinley Beverage is a California-based beverage manufacturer, with products in the cannabis-infused and sober curious niche markets. Their products offer a […]
Millions of Americans Have Skipped Loan Payments Since Beginning of Pandemic
When the coronavirus pandemic froze over the US economy, more than 45 million Americans found themselves out of a job and subsequently became reliant on unemployment benefits. As a result of the sudden income shortcomings, many people had no choice but to miss their loan payments so they could instead afford necessities such as food. […]
Goldman Sachs Forecasts 12-Month Gold Price to Reach $2,000
Goldman Sachs has revised its gold forecast as of Friday, predicting prices to increase to $2,000 per ounce within the next year, as a result of a weakened US dollar, falling interest rates, and uneasiness among investors in wake of the coronavirus pandemic. Back in March, gold prices were on the incline as coronavirus infection […]