Zenabis Secures Supply Deal With MPX International Subsidiary
Zenabis Global (TSX: ZENA) this morning announced that it has managed to enter into a one year supply agreement with that of Canveda Inc, a wholly owned subsidiary of MPX International (CSE: MPXI). The agreement will see Zenabis sell product to Canveda that is evidently intended for export, despite Canveda being an Ontario based licensed […]
Trulieve Records $120.8 Million In Revenue In Q2, Net Income of $6.6 Million, Raises Guidance
Trulieve Cannabis Corp (CSE: TRUL) reported its second quarter 2020 earnings this morning, reporting record revenue of US$120.8 million for the period ended June 30, 2020, along with a net income of $6.6 million. More significantly, the company achieved free cash flow of $39.6 million, while upping its guidance for the remainder of the fiscal […]
Canadian Housing Starts Continue on Positive Trend for 2 Consecutive Months Despite Pandemic
It appears that various sectors of Canada’s economy are showing signs of a rebound following the easing of coronavirus restrictions, as the housing starts trend continues on a positive incline. According to the latest data released by the Canada Mortgage and Housing Corporation (CMHC), the month of July saw housing starts increase by 4,598 units […]
Gold Headed for a Whirlwind as Prices Plummet by Most in Over 7 Years
It appears that risk aversion has finally begun to decline amid the coronavirus pandemic, as gold prices have been sliding by record levels over the last several days. Bullion prices recently surpassed the record-breaking $2,000 per ounce, but just as quickly as they went up, they have also come crashing down. US President Donald Trump has […]
It’s Early Yet; Grading Discovery Hunters – Pt. 1: Nexus Gold
For our purposes, we’re defining discovery-stage exploration equities as those with no established mineral resources, doing the prospecting and drilling required to identify an economic mineral deposit. Often, these properties host historic resources compiled by a previous operator in the era when a promoter could open the office window to fill the office with construction […]
Consumer Confidence Among Canadians Finally on the Rise Since Beginning of Pandemic
It appears that consumer sentiment has finally begun to increase across almost all age groups and regions in Canada, after falling sharply following the onset of the coronavirus pandemic. According to the Bloomberg Nanos Canadian Confidence Index, which broadly measures Canadian’s forthcoming expectations of the economy as well as financial wellbeing, consumer sentiment increased by […]
Record Number of Americans Quitting Their Jobs as Fears Over Coronavirus Infections Mount
As the US Bureau of Labour Statistics released its latest Job Openings and Labour turnover Survey (JOLTS)-,which already came in a month late, it appears that there are some significant and alarming discrepancies between job openings, new hires, and quits. The month of June saw the largest monthly increase in job openings since 2015, bringing […]
WeedMD Signs White Label Extraction Agreement With Fire & Flower
It appears that the niche market of extractors within the cannabis sector has seen an addition to its ranks. WeedMD Inc (TSXV: WMD) and Fire and Flower Corp (TSX: FAF) jointly announced this morning that the retailer has selected WeedMD as its commercial partner for the purpose of manufacturing a white label line of CBD […]
New Found Gold To Commence Trading Today
New Found Gold (TSXV: NFG) this morning announced that it has completed its $27.3 million initial public offering as of today, indicating that the much anticipated equity will begin trading as of market open this morning. The firms claim to fame is its flagship gold property known as the Queensway Project, located near Gander, Newfoundland. […]
Revive Therapeutics Receives First Prototype of Orally Dissolvable Psilocybin Film Strips
Revive Therapeutics (CSE: RVV) this morning announced that it has received the first set of orally dissolvable thin film strips, which will be utilized to deliver psilocybin and additional psychedelic-derived medicine to a patient. The film strips were received in connection with its sponsored research partnership agreement that Revive currently has in place with the […]