Curaleaf Sees Grassroots Shareholders Approve Transaction
Curaleaf Holdings (CSE: CURA) announced this morning that the shareholders of GR Companies, known as Grassroots, have approved of the transaction that will see the firm vend into the public company. It was stated that over 87% of existing shareholders approved of the transaction. Further, Mitchell Kahn, whom is the co-founder and CEO of Grassroots, […]
US Mortgage Rates Drop to Lowest in Nearly 50 Years
As the US Federal Reserve continues to pump liquidity into the economy while maintaining near-zero interest rates, the average rate on a 30-year fixed mortgage has dropped to 2.98%, further spurring the demand for housing. Mortgage rates have fallen to the lowest in nearly 50 years according to Freddie Mac records, after a steady decline […]
Gran Colombia Gold Sees Production Decline 20% Year Over Year
Similar to partner Caldas Gold (TSXV: CGC), Gran Colombia Gold (TSX: GCM) published its second quarter production results this morning, announcing that a total of 48,228 ounces of gold were produced in the three month period ended June 30, 2020. Total production declined 20% on a year over year basis, from 57,882 ounces of production […]
Khiron To Conduct Live Virtual Tour Of New Medical Facility On July 21
What do you do when your investors are located thousands of miles away from your new medical facility, but yet still wish to see the progress of your operations? If you’re Khiron Life Sciences (TSXV: KHRN), you host a live interactive tour, lead by your CEO. The company announced this morning that it would be […]
Caldas Gold Sees Second Quarter Production Fall 38% Year Over Year Due To Pandemic
Caldas Gold Corp (TSXV: CGC) this morning reported its second quarter 2020 production figures, indicating that 3,851 ounces of gold had been produced by the firm over the three month period. This figure was down significantly on a year over year basis, with the second quarter of 2019 having produced 6,257 ounces, a 38% decrease. […]
Pompeo Takes Aim at Chinese Tech Companies, Imposes Visa Restrictions on Huawei Employees
On Wednesday, Secretary of State Mike Pompeo announced the US will be introducing visa restrictions on Chinese tech companies, further souring the already strained relations between the two countries. Certain employees of technology firms such as Huawei have been slapped with visa restrictions, after Pompeo accused the Chinese company of supporting its communist government that […]
US Coronavirus Cases Surpass Daily Record Once Again, 67,700 New Infections Reported in One Day
The US has once again hit a grim milestone in new coronavirus cases, with the seven-day daily average reaching 62,210 on Tuesday. The number of new infections have tripled since May, and have increased 21% compared to the week prior, according to data from John Hopkins University. Of all the new cases reported on Tuesday, […]
Bank of Canada Forecasts Economic Recovery Will Take Two Years, Anticipates 7.8% Decline in Output for 2020
Although the Canadian economy has had a strong initial rebound in May and June following the coronavirus outbreak, the Bank of Canada anticipates a full pre-pandemic recovery will take at least another two years. The full recovery of Canada’s economy will most likely not return until at least 2022, with recuperation occurring in uneven phases […]
Market Movers: ARHT Media
Through June of 2020, Arht Media (TSXV: ART) was a tech company that could be described as well-forgotten if anyone had bothered to know about it in the first place. In the month of July, it’s done 27.3 million shares worth of TSX Venture volume, 7 million shares more than it did in the past […]
OPEC And Russia To Begin Easing Historic Supply Cuts in August
With the slight rebound in demand for oil, OPEC+ has decided to unwind some of its supply cuts which were imposed amid global pressure during the height of the coronavirus pandemic. Back in May, OPEC and Russia agreed to reduce the global supply of oil as a means of preventing the oil market from completely […]