Curaleaf Holdings Sees Revenues Climb 55% To $182.4 Million, Announces CEO Transition
Curaleaf Holdings (CSE: CURA) this evening reported its third quarter financial results, reporting total revenue of US$182.4 million for the three month period, and increase of 55% from the $117.5 million in revenues posted in the second quarter. The company also reported a net loss of $9.3 million for the period. Revenues climbed substantially on […]
Medipharm Labs Receives Price Target Reduction From Canaccord To $1.75
Yesterday, On November 16th, Medipharm Labs (TSX: LABS) reported their third quarter financial results. Reported revenues came in at $4.9 million, down 64.5% quarter over quarter and an 88.6% decline year over year. The company also reported a net loss of $15.3 million. Canaccord Genuity’s Shaan Mir downgraded MediPharm Labs’ 12-month price target to C$1.75 […]
US Retail Sales Disappoint With 0.3% Growth As Household Incomes Continue to Decline
As new coronavirus infections continue to spiral out of control across the US, it appears that the country’s economic recovery efforts are beginning to stall out. Retail sales for the month of October rose by less than expected, and will likely remain subdued in the months ahead as millions of Americans will soon lose their […]
Carrying The Torch In The Fight Against 280e – Spotlight Series feat Harborside
Today for the Daily Dive, we reach back into our video library for a video recorded last month with that of Peter Bilodeau, interim CEO of Harborside Inc (CSE: HBOR). We sat down with peter to discuss the company, as well as to tackle the issue of their tax liability head-on. Harborside is one of […]
Cineplex: Canaccord Reiterates $7.00 Target, Upgrades To Hold
Cineplex Inc (TSX: CGX) reported their third quarter results on Friday, reporting revenues of $61 million, a significant decline from the $418.4 million reported in the year ago period. In terms of loss per share, the company incurred a loss of $1.91 for each share outstanding. Naturally, the loss is largely a function of the […]
Quebec Government to Ban Sales of Gas-Powered Vehicles by 2035
As the shift towards a greener economy intensifies in Canada, an increasing number of provincial governments are taking the lead in reducing greenhouse gas emissions and promoting the use of zero-emission vehicles. In fact, Quebec is the latest province to implement such policies, and will ban the sale of gas-powered vehicles in the province by […]
Mind Medicine: Canaccord Maintains Ratings Following Financial Results
On Friday, November 13th, Mind Medicine (NEO: MMED) reported their third quarter 2020 financial results. Tania Gonsalves, Canaccord Genuity’s biotechnology analyst, has a C$2 price target and a speculative buy rating. Gonsalves comments, “As a clinical-stage biotechnology company, quarterly financials are not a materially impactful event, apart from unexpected variations in forecast cash burn.” Operating […]
SKRR Exploration Completes Summer Drill Program At Olson Property
SKRR Exploration (TSXV: SKRR) has completed drilling at its Olson Gold Project, located within the Trans Hudson Corridor of Saskatchewan. Results from the drill program are still being assayed, with results to be released once the data has been received compiled and interpreted. The drill program conducted consisted of 18 holes and 2,986 metres of […]
Noram Ventures Intersects 91 Metres Of Claystone In First Hole At Zeus
Noram Ventures (TSXV: NRM) has seen continued success early on in its current drill program. After updating the market earlier this week with the news that it has hit visible lithium hosted clay in its first drill hole, the company announced this morning that upon completion, that same hole has drilled one of the thickest […]
Field Trip Health To Launch Amsterdam Location Focused On Psychedelic Truffles
Field Trip Health (CSE: FTRP) is going to Amsterdam. The company announced this morning that it has selected the city as its next location to launch a Field Trip Health Centre. The centre, unlike other locations, will be focused on the therapeutic use of psychedelics using legal truffles. The company has entered into a lease […]