Aurora Cannabis Increases Offering To US$150 Million
It appears that Aurora Cannabis (TSX: ACB) (NYSE: ACB) has been somewhat successful in its previously announced attempt to raise some funds. The company issued an update this morning following our earlier coverage, announcing that it has priced a US$150 million underwritten public offering. In Canadian dollars, it translates to roughly C$195.91 million. The financing […]
Revive Therapeutics Completes Psilocybin Oral Thin Film Strip Product
Revive Therapeutics (CSE: RVV) has completed its oral thin film strip product for psilocybin after several months of prototyping. The company made the announcement this morning that the product, developed via a research partnership with Reed Research Group from the University of Wisconsin-Madison, has been completed with several dosage ranges available. The oral thin film […]
Pharmather Appoints Dr Alberto J Espay As Scientific Advisor
Pharmather Inc (CSE: PHRM) has appointed a prolific Parkinson’s researcher to its team of scientific and clinical advisors. The company this morning announced the appointment of Dr Alberto J Espay to the role, whom currently serves as professor and endowed chair of the University of Cincinnati James A. and Joan A. Gardner Family Center for […]
Aleafia Health Revenues Decline 49.2% In Third Quarter 2020
Aleafia Health (TSX: AH) has seen its revenues decline 49% on a quarter over quarter basis. The company this morning reported its third quarter financial results, posting revenues of just $5.0 million and a net loss of $19.8 million for the period ended September 30, 2020. The significant decline in revenue was blamed on lack […]
Aurora Cannabis Attempts To Raise US$125 Million In Public Offering
It seems that Aurora Cannabis (TSX: ACB) (NYSE: ACB) is intending to use its recent volatility as an opportunity to raise funds. The company last night announced that it will be conducting a proposed overnight marketed public offering. The company is presently looking to raise total gross proceeds of US$125 million. Proceeds are to be […]
TGOD CEO Quits, Company Posts Q3 Loss Of $76.2 Million
The Green Organic Dutchman (TSX: TGOD) is under new leadership. The company announced this evening in connection with its third quarter 2020 financial statements that CEO Brian Athaide has “left his positions” as CEO and a director. The current CFO, Sean Bovingdon, is to take over the role on an interim basis. The financial results […]
Harvest Health Posts Q3 2020 Revenues Of $61.6 Million, Loss Of $2.1 Million
Harvest Health & Recreation (CSE: HARV) announced their third quarter 2020 financial results this evening, reporting revenue net of discounts of $61.6 million for the period ended September 30, 2020, along with a loss of $2.1 million. Revenues were up roughly 11% on a quarter over quarter basis, from $55.7 million in the second quarter. […]
Aurora Cannabis: Analysts Raise Price Targets Following Q1 Results
Yesterday, Aurora Cannabis (TSX: ACB) (NYSE: ACB) reported their first quarter 2021 results. Aurora reported total revenue of $68.7 million, basically flat quarter over quarter. The adjusted gross margin was 48%, and Adjusted EBITDA was $57.9 million. A number of analysts changed their price targets in connection with the results, including the following: ATB Capital […]
Ford Allocates $3.2 Billion Towards All-Electric Versions Of Transit Van, F-150 Pickup Truck
It appears that the EV market is heating up, as more and more American auto manufacturers enter the space and transform some of their core models to align with green energy and greenhouse gas reduction initiatives. As a result, Ford has set aside nearly $3.2 billion that will go towards the production of all-electric versions […]
Gold Heading Above $2000? – The Daily Dive feat John Mark Staude
Today on The Daily Dive, we have John-Mark Staude, CEO of Riverside Resources (TSXV: RRI). John-Mark sits down with Cassandra Leah to discuss junior mining, gold, the election and all things macro. Chief among items discussed is the topic of stimulus – and how the price of commodities, such as gold, do not yet reflect […]