Medipharm Signs Danish White Label Agreement
Medipharm Labs (TSX: LABS) continues to expand its international presence, this morning announcing that it has signed a white label supply agreement with DanCann Pharma A/S. The arrangement will see Medipharm export its white labeled product from its facilities in both Canada and Australia to that of Denmark. DanCann Pharma, established in 2018 following regulatory […]
ImmunoPrecise Begins Pre-Clinical Trials For SARS-CoV-2 Vaccine
ImmunoPrecise Antibodies (TSXV: IPA) and its partner LiteVax BV jointly announced this morning that they have begun pre-clinical trials for their SARS-CoV-2 vaccine. The study is to take place at IRTA in Cataloni, Spain, focusing on the feasibility of the vaccine that the duo have jointly designed. The design put together for the vaccine was […]
Supreme Cannabis Posts Declining Fourth Quarter Revenues Of $9.5 Million
Supreme Cannabis (TSX: FIRE) reported their fourth quarter 2020 financial results this evening, posting declining net revenues of $9.5 million, and a net loss of $33.3 million for the quarter, which included impairments of $15.5 million. Revenues declined on both a year over year and a quarter over quarter basis. Revenues for the year came […]
US New Home Sales Reach 14-Year High as Supply Begins to Run Out
As more and more Americans revert to the stay-at-home status quo that has plagued the country since the onset of the pandemic, the demand for housing has skyrocketed to record-breaking levels. According to the US Census Bureau, newly-built home sales rose by 4.8% on a month-over-month basis – the largest increase in over 14 years. […]
US Federal Reserve Considers Sending Money Directly to Americans Via Digital Currency
Since the coronavirus pandemic began, the Federal Reserve along with the US government unleashed a torrent of liquidity into the economy in a desperate attempt to prompt some form spending amid staggering unemployment levels and soaring coronavirus infections. However, eight months into the pandemic, the US economy is still in the same deep rut, with […]
Global Gold Production Suffers First Decline in Over a Decade
As the coronavirus pandemic continues to create growing uncertainty regarding the wellbeing of the global economy, many investors around the world have flocked to buying gold as a safe haven and a hedge against inflation. Gold prices have risen nearly 30% since the beginning of the year, and according to many analysts, the price is […]
Vegaste Tech To Acquire Bloombox Club, Enter European Market
Vegaste Technologies Corp (CSE: VEGA) has entered into a letter of intent to acquire Bloombox Club Limited. Bloombox is a leading e-commerce platform that sells indoor plants to an established wellness community. The company operates via subscription services as well as its online shop to deliver its products to its UK-based consumers. Founded in 2015 […]
Aurora Cannabis: Seven Analysts Slash Price Targets In Wake Of Blowout Fourth Quarter
Earlier this week, Aurora Cannabis (TSX: ACB) (NYSE: ACB) reported their fourth-quarter financials, after having released preliminary data two weeks prior on September 9. Preliminary figures had provided guidance in terms of revenue, margins, SG&A, and significant write downs that were expected to hit the fourth quarter financials. Aurora reported fourth-quarter total net revenue of […]
West Red Lake Hits 5.91 G/T Gold Over 6.0 Metres At NT Zone
West Red Lake Gold Mines (CSE: RLG) just released assay results from its summer 2020 exploration program at its flagship Rowan Property, located in Red Lake, Ontario. The 3,188 metre drill program hit several high grade intercepts, including 5.91 grams per tonne gold over 6.0 metres, expanding mineralization of the NT zone. The drill program […]
California Will Require All New Vehicles to be Zero-Emission by 2035
It appears that Tesla’s latest move towards vertical integration and increased mass production of its electric vehicles could not have come at a better time. California Governor Gavin Newsom yesterday unveiled that he’s targeting California’s largest source of pollution, introducing a set of new regulations that will ensure all new vehicles sold in the state […]