Aurora Cannabis Sued By CTT Pharma Over Denial Of Contractual Commitments
It seems Aurora Cannabis (TSX: ACB) (NYSE: ACB) has found itself in some hot water. It was announced this morning by CTT Pharmaceutical Holdings that a statement of claim has been filed against the cannabis giant in the Ontario Superior Court of Justice in relation to what amounts to a breach of contract related to […]
Relay Medical Sees Fionet Joint Venture Commence Operations
After the bell last night, Relay Medical (CSE: RELA) provided a market update on the current status of its joint venture with Fio Corporation. Known as the Fionet Rapid Response Group, the venture has now commenced operations focused on bringing COVID-19 mobile testing and tracking to the market. The device, referred to as Fionet, has […]
Canada Sees 62,560 Businesses Close Their Doors In May
Things might be looking up for the Canadian economy, if only marginally. The amount of businesses in Canada that closed in May 2020 saw a slight decline from that of April 2020, while still being the second highest month on record since reporting began as the effects of the coronavirus continue to play out. The […]
SEC Relaxes Disclosure Requirements On Environmental Proceedings, Risk Factors, And Operations
The Securities and Exchange Commission this morning announced relaxed rules related to company disclosures. The commission attempted to justify the relaxation of rules on the basis that “disclosure requirements have not undergone significant revision in over 30 years.” The commission goes further to state that the changes “reflect the many changes in our capital markets […]
Canaccord Maintains $1.00 Price Target On Tilt Holdings
TILT Holdings (CSE: TILT) reported its second quarter revenues recently, posting revenue that was down 9% quarter over quarter to $38.6 million. The decrease quarter over quarter was driven by a decrease in sales from the company’s subsidiary Jupiter Research and lower wholesale demand that was blamed on COVID-19. Gross margins came in at 28.3%, […]
Revive Submits for IRB Approval; Expects to Enroll Patients in September
This morning Revive Therapeutics (CSE: RVV, USA: RVVTF) announced they have submitted a clinical trial protocol to their independent Institutional Review Board (IRB) for approval. The company also announced they expect to have patients enrolled in September 2020. What is an IRB? An institutional review board is an appropriately constituted group that has been formally designated […]
MustGrow Study Reveals 96.1% Disease Control Of Clubroot Via Greenhouse Tests With TerraMG
MustGrow Biologics (CSE: MGRO) this morning released results from its successful greenhouse soil test results from testing its mustard-derived biopesticide tech on clubroot spores. The results have confirmed that the formulation is capable of disease control for clubroot resting spores within soils with an efficacy of 96.1% at an application rate of 0.5 gallons per […]
SKRR Exploration Closes $1.2 Million Financing
SKRR Exploration (TSXV: SKRR) has closed a private placement just five days after announcement. The financing, conducted at $0.25 per unit, saw gross proceeds of $1.2 million raised, which will be put towards an aggressive exploration program within Northern Saskatchewan in the Trans Hudson Corridor. The financing, price at $0.25 per unit, saw a total […]
Harvest One Closes On Sale Of Duncan Facility For $8.2 Million
Harvest One Cannabis (TSXV: HVT) has continued with its strategic review of its operating assets, this morning announcing that it has divested of its United Greeneries licensed facility in Duncan, BC for total cash consideration of $8.2 million. The sale of the asset is in connection with the firms focus on transforming to a CPG […]
Monterey Minerals Mobilizes Field Crew At Alicia Project, Philippines
Monterey Minerals (CSE: MREY) this morning announced that it has mobilized its exploration field crew for its flagship Alicia high-grade gold project located within the Philippines. In connection with the mobilization, the company also announced the appointment of Max Tuesley as Country Manager for the project. The previously announced exploration program to be conducted this […]