Sundial Growers Repays Final Debts, Completes Restructuring
Sundial Growers (NASDAQ: SNDL) has managed a feat that few other cannabis operators have – they have managed to remove all debt from their balance sheet. The company this morning announced that it is debt-free following the repayment of a further $21.9 million of outstanding principal on its senior secured credit facility. The announcement of […]
Sweden Unveils Plan to Adopt E-Krona as Idea of Cashless Societies Gains Momentum
It appears that the idea of cashless societies is beginning to gain momentum, with Swedish authorities recently announcing plans to phase out its traditional krona and introduce a digital replacement. The latest move follows China’s digital currency pilot project, which is expected to be officially unveiled during the 2022 Winter Olympics, and is the first […]
US President-Elect Biden’s Cabinet Choices Are a Positive For Electric Vehicle Sector
Recent nominations by US President-elect Joe Biden appear to be bullish for the electric vehicle sector. Biden’s nominations of former Michigan governor Jennifer Granholm and former South Bend, Indiana mayor and presidential candidate Pete Buttigieg to the cabinet posts of Secretary of Energy and Secretary of Transportation, respectively, represent an ideal set of leaders to […]
US Auto Lobby Group Calls on More Government Support for Electric Vehicles
As the hype surrounding electric and autonomous vehicles continues to accelerate, a major lobby group for the US auto industry is calling on the country’s policy makers to initiate additional supports in the transition towards electric vehicles. In a report released on Tuesday, the Alliance for Automotive Innovation is drawing attention to the electric and […]
Penumbra: By The Numbers
Controversial medical devices company Penumbra (NYSE: PEN) recalled a defective catheter last week in the latest chapter of a prolonged fight with a short selling syndicate who have practically gone through the company’s garbage, and come up with more than enough to cause concern. The shorts have promised more to come, making it likely that […]
Canada’s Population Growth Falls to Slowest Pace Since 1946 Amid Travel Restrictions
The pandemic has caused Canada’s population growth to come to a halt in the third quarter, increasing by only a mere 2,767 after widespread lockdowns and border closures forced international immigration flows to turn negative. According to the latest Statistics Canada data, the country’s population growth has become stagnant, with third quarter levels reaching just […]
Is The Stock Market Too Frothy? – The Daily Dive feat G. Scott Paterson of QYOU Media
Today, host Cassandra Leah is joined by G. Scott Paterson. Paterson is a highly experienced capital markets heavyweight, perhaps best known for being the former Chairman and CEO of Yorkton Securities, while also serving as a director for several notable firms, including Lions Gate Entertainment, FutureVault, Engagement Labs, Qyou Media and more. Paterson joins us […]
Equinox Gold: The Analyst First Impression Of The Premier Gold Mines Transaction
Earlier this week, Equinox Gold Corp (TSX: EQX) announced the acquisition of Premier Gold Mines (TSX: PG). Each Premier shareholder will receive 0.1967 shares of Equinox Gold for each share held of Premier, which is the weighted 10-day volume-weighted average closing price. Premier will also spin off its US-focused gold production and development company i-80 Gold Corp, […]
US Consumer Spending Expectations Soar, Despite Pessimistic Earnings, Income
Despite the less-than-dismal state of consumer finances that is expected to envelope much of the US following the expiration of the fiscal stimulus bill come December 31, it appears that Americans have little intention of curbing their spending anytime soon. In fact, even though income and earnings growth expectations have been significantly dismal, with expected […]
IsoEnergy: Uranium Bill In U.S. Senate Could Potentially Revive Moribund Uranium Sector
In one of the most constructive developments for the uranium mining industry in some time, a bi-partisan U.S. Senate committee advanced a bill that would establish a strategic uranium reserve in America. In early December, the Committee on Environment and Public Works passed the American Nuclear Infrastructure Act (ANIA), which would mandate that the Department of Energy buy uranium […]