Fire & Flower Amends Terms Of Alimentation Couche-Tard Investment
Fire and Flower Holdings Corp (TSX: FAF) has amended the initial agreement put in place with Alimentation Couche-Tard (TSX: ATD.B) in relation to securities previously issued. Under the new agreement, maturities have been modified to enable Fire & Flower to access up to $19 million in cash by the end of 2020, months ahead of […]
High Tide Sees $10.8 Million Debt Extension By “Industry Investor” Believed To Be Aurora Cannabis
High Tide Inc (CSE: HITI) has managed to bolster its balance sheet as of this morning, with the announcement that it has somehow managed to convince a key investor to extend the maturity of $10.8 million in debt from December 2020 to that of January 2025. The kicker, is that interest has also been removed […]
Cryptocurrency Custody Services Can Now be Offered by US National Banks
As a result of the financial world continuously adapting to new technologies and methods of conducting business and transactions, the relatively new cryptocurrency sector has finally been given the opportunity to emerge in the banking sector. The latest development amidst technological advancements will now allow banks to not only hold physical assets for their clients, […]
US Economy on Crash Course Towards Double-Dip Recession Amid Soaring Virus Infections
The continued near-exponential increase in COVID-19 cases across the US directs one of the world’s biggest economies towards more volatility and collapse. According to a CNBC interview with Stephen Roach, the former Morgan Stanley Asia chairman, veteran economist, and Yale University senior fellow, the probability of the US economy going through a double-dip recession continues […]
Canadian Retail Sales Rebound to 100% of February’s Pre-Pandemic Levels
As restrictions continue to be lifted across Canada’s provinces and the economy enters a modest recovery period, it appears that retail sales have been rebounding sharply to near pre-pandemic levels. According to the latest Statistics Canada data analyzed by Bloomberg, receipts increased by 18.7% in May, followed by a June flash estimate of a further […]
Spotlight Series: Royal Helium With CEO Andrew Davidson
Royal Helium Ltd (TSXV: RHC) is a Saskatchewan, Canada based resource firm focused on developing primary helium assets within Southern Saskatchewan, and the latest focus of The Deep Dive’s Spotlight Series. They currently have amassed one of the largest helium leaseholdings within Canada, with over 205,000 hectares of helium land in their portfolio. The company […]
Monarch Gold Reports 311 G/T Gold Over 0.50 Metres At McKenzie Break Project
Monarch Gold (TSX: MQR) this morning announces high-grade assays from its drill program conducted earlier this year at the McKenzie Break gold project, located north of Val-d’Or, Quebec. The drill program, at 1,896 metres drilled, had highlights of 13.95 grams per tonne gold over 14.35 metres, including 311 grams per tonne gold over 0.5 metres. […]
Great Thunder Announces Private Placement; Sprott Increases Investment
This morning Great Thunder Gold (TSXV: GTG) announced a non-brokered private placement financing of up to 4,000,000 units (the “Unit”) at a price of $0.65 per Unit. The company informed shareholders that Eric Sprott will be increasing his position by upto 600,000 units. Based on insider filings, prior to the financing Sprott owned 4 million […]
Curaleaf Closes $1.1 Billion Acquisition of Grassroots
Curaleaf Holdings (CSE: CURA) announced this morning that it has finally completed its acquisition of GR Companies, operating as Grassroots, which the firm claims creates the largest cannabis operating in the United States. The transaction was completed as of this morning, July 23. The completion of the transaction increases Curaleaf’s operations from 18 to 23 […]
Khiron Life Sciences Receives Authorization For The Sale Of High-CBD Medical Cannabis In Peru
Khiron Life Sciences (TSXV: KHRN) announced this morning that it now has access to yet another medical cannabis market: Peru. Khiron has received all required licenses and authorizations for the import and commercialization of full spectrum, high-CBD medical cannabis productions. The products will be imported to Peru from that of Khiron Colombia, with the product […]