Canadian Retail Sales Rebound 23.7% In June
Canada’s retail trade is coming back with a vengeance following the coronavirus pandemic as more regions began easing lockdown restrictions across the country. Data released this morning by Statistics Canada identified that retail sales grew to $53.0 million in June, up 23.7% from the May figure of $42.8 billion. Further, retail sales during the month […]
Trulieve Sets Sights On West Virginia, Sees Grow Facility Approved
Trulieve Cannabis (CSE: TRUL) apparently has West Virginia on its mind. It was reported yesterday by a local Huntington, West Virgina newspaper, the Herald-Dispatch, that the company has seen the local health department for the Cabell-Huntington county approve the development of a medical cannabis grow facility within Cabell County. The resolution for the facility was […]
Pasofino Gold Announces $10.0 Million Bought Deal For Special Warrants
Pasofino Gold (TSXV: VEIN) this morning announced that it will be conducting a bought deal private placement lead by Stifel GMP. Priced at $0.30 per special warrant, the financing will see a total of 33.4 million warrants sold for gross proceeds of $10.0 million. Each special warrant will be exchanged for one unit of the […]
Precision Drilling Announces Renewal of Share Buyback Program
Precision Drilling (TSX: PD) this morning announced the renewal of its share buyback program despite the weakness seen throughout the oil sector as of late. The program, which was initially set to expire August 26, is effectively being renewed for another year following the granting of approval by the Toronto Stock Exchange. Under the buyback […]
Canada Experiences Slower Pace of Price Growth as CPI Increases by 0.1% in July
It appears that prices in Canada have grown at a relatively low pace amid the coronavirus pandemic, as the consumer price index only rose by a mere 0.1% year-over-year in July. In June, CPI increased by 0.7%, which compared to the latest July data released by Statistics Canada, is a relatively slower pace given the […]
Coronavirus Pandemic Causes Canadian Immigration To Fall 64%, Likely to Impede Economic Growth
As the coronavirus pandemic caused governments to close down borders in order to mitigate its spread, it appears that Canada’s immigration was significantly affected as a result. In the second quarter of 2020, a total of 34,260 permanent residents were accepted into Canada according to the latest Statistics Canada data. With border restrictions still in […]
Vegaste Partners With Renowned LA Chef To Create Plant-Based Meal Delivery Menu For Canadians
Vegaste Technologies Corp (CSE: VEGA) announced last night after the bell that the company has entered into a partnership agreement with LA-based chef Gregg Drusinsky, a highly experienced chef in the area of plant-based meals as well as the plant-based lifestyle. Drusinsky will be tasked with creating a rotating menu of plant-based meals for delivery […]
US Sees Initial Weekly Jobless Claims Rise Above 1,000,000 Again
It appears that the celebration put on last week following positive unemployment data was short lived. While last week commentators were celebrating that less than 1,000,000 initial jobless claims were filed, it seems things may have been a bit premature. The latest jobless data has seen initial claims rise above the one million market yet […]
Sona Nanotech Releases News.. About Planning To Release News
A tumbling share price can make companies do odd things. If you’re Sona Nanotech (CSE: SONA), evidently one trick of the trade is to release news.. about releasing news. The company put out a press release this morning, to announce the news that the company “expects” to release news next week on its clinical in-field […]
Else Nutrition Retains Retail Brokers As It Attempts To Place On Store Shelves
Else Nutrition (TSXV: BABY) this morning updated the current status of its North American launch of its plant-based toddler nutrition product. The company has currently engaged with additional brokers as it looks to speed up the distribution of its new product across the North American market, with the company currently placing a heavy emphasis on […]