Tesla’s Supercharger Network Now More Costly Than Filling Up Car With Gasoline

Recharging your Tesla using the company’s Supercharger network has now become more costly than fuelling up a gasoline-powered car in Australia, despite the company’s claims on its website. According to a recent report by Australian-based WhichCar, it has now become more expensive to recharge a Tesla using Australia’s Supercharger network than it is to fill […]

Canopy Growth: A Slew Of Insider Selling Makes For Messy Sedi Filings

Canopy Growth Corp (TSX: WEED) (NASDAQ: CGC) has seen a plethora of insider transactions filed over the course of the last week, following blackout periods that were lifted following the reporting of the firms second quarter results. While the transactions were set off by the exercise of several rights restricted stock units, our focus lies […]

Bank Of America Upgrades Canopy Growth’s Price Target To C$36 From C$30

Last week, Canopy Growth (TSX: WEED) (NASDAQ: CGC) reported its fiscal second quarter 2021 financial results. The company reported $135.3 million in revenue, up 77% year over year, a net loss of $96.6 million, and a free cash flow of ($190.4) million. Bryan Spillane, BofA’s analyst, raised their 12-month price target to C$36 from C$30 […]

Kontrol Energy Enters Non-Exclusive Distribution Agreements For BioCloud

Kontrol Energy (CSE: KNR) this morning issued what it refers to as an update on its BioCloud product this morning, while also announcing distribution agreements for its products. Details throughout however were rather brief in nature. With respect to the “update on its BioCloud technology development,” the company provided a simple, one sentence quote that […]

Harborside Reports Net Revenue Growth Of 20.4% To US$18.4 Million

Harborside Inc (CSE: HBOR) yesterday evening filed its third quarter financial results, reporting net revenue of US$18.4 million, a 20.4% increase from the prior quarter. On a gross basis, the company reported revenues of $19.6 million, beating prior guidance of $18.5 million. A net loss of $2.4 million was also reported for the quarter, along […]

Karora Hits 29.8 G/t Gold Over 19.0 Metres At Spargo

Karora Resources (TSX: KRR) this morning reported initial results from its ongoing 12,000 metre drill program at its Spargos Project, located in Wetern Australia. The company this morning announced that it has intersected several high grade intervals in initial drilling, all of which are within 100 metres from surface. Highlight results from the program include […]

Namaste Tech To Acquire Remaining Portion Of CannMart Labs For $4.0 Million

Namaste Technologies (TSXV: N) announced this morning that it has entered into an arrangement to acquire the remaining 49% interest in CannMart Labs. The company is said to be in the final stages of acquiring its processing license from Health Canada. The acquisition will enable Namaste to be able to make its own in-house branded […]

Revive Therapeutics, Pharmather Partner On Psilocybin Cancer Research

Revive Therapeutics (CSE: RVV) and Pharmather Inc (CSE: PHRM) this morning jointly announced a research collaboration between the two firms. The two will work together on an exclusive research basis to advance the study of psilocybin in the treatment of cancer, as well as the discovery of novel uses of undisclosed psychedelic compounds. Under the […]