Pure Extracts: Q&A With CEO Ben Nikolaevsky
Recently, we covered what we refer to as the second wave of cannabis operators: extractors. Typically in a class of their own in reference to profitability within the cannabis sector, these operators approached the market with the goal of solving a problem, rather than looking to make a quick buck in an overhyped environment. In […]
Chicago PMI Shows Smaller Than Expected Rebound in June
In May, many US states began to lift restrictions and reopen their economiesso they could get a head-start on that V-shaped recovery everyone was talking about. Now however, some of those US states are only left with skyrocketing coronavirus cases, with a v-shaped recovery nowhere to be found. According to the Chicago Purchasing Manager’s Index […]
iAnthus Capital Fails To Meet Self Imposed Filing Deadline Again
In a move surprising pretty well no one, iAnthus Capital Holdings (CSE: IAN) failed to meet their self imposed filing deadline of June 30 last night. The firm had originally announced on June 17, following the issuance of its cease trade order on the Canadian Securities Exchange, that it anticipated to complete the filing of […]
Australis Capital Sees Green Therapeutics, Meridian File Lawsuit For Breach of Contract
It’s been a rough week for Australis Capital (CSE: AUSA). Following the public grievance issued last Friday by shareholder Roger Sykes condemning the related-party transaction of Passport, the company now appears to be in further hot water in relation to its current direction. Last night, Green Therapeutics LLC along with Meridian Companies LLC announced that […]
Village Farms Joint Venture Expands Credit Facility to $59 Million
Villages Farms (TSX: VFF) (NASDAQ: VFF) announced this morning that its majority owned joint venture, Pure Sunfarms, has taken on additional debt as a means of strengthening its balance sheet. This debt was acquired through the expansion of an outstanding credit facility, which has now seen an accordion feature and an additional term loan component […]