Tesla’s S&P Debut Could Trigger a Cascade of Selling in Other Index Components
As the anticipation of Tesla’s S&P 500 debut today continues to grow, the event may turn out to be not so great for various other companies already in the index. Given Tesla’s astronomical valuation of $600 billion, the electric automaker will soon become the sixth biggest market cap in the S&P as well as the […]
Harborside Closes On Majority Stake In Haight-Ashbury Dispensary
Harborside Inc (CSE: HBOR) this morning announced that it has closed the previously announced acquisition of FGW Haight, a firm that owns a cannabis retail dispensary in San Francisco within the historic Haight Ashbury area. With the close of the transaction, Harborside now owns a majority interest in the retail location. The acquisition of the […]
Newlox Gold Advances Second Gold Processing Plant, Opening Slated For Q2 2021
Newlox Gold Ventures Corp (CSE: LUX) this morning announced the advancement of the firms second processing plant, referred to as the Boston Project. The plant, at full scale, is anticipated to see 150 tonnes of throughput per day, with material grading 15 grams per tonne gold or higher. The Boston Project is currently anticipated to […]
Canopy Growth Drops Ownership In Canopy Rivers, Increases Stake In TerrAscend, Vert Mirabel
Canopy Growth (TSX: WEED) (NASDAQ: CGC) this morning announced a plan of arrangement related to its holdings in that of Canopy Rivers (TSX: RIV). The arrangement will see the company expand its ownership in both TerrAscend Corp (CSE: TER) and Vert Mirabel, while the company relinquishes all of its holdings in that of Rivers in […]
Plant & Co To Revitalize Amazon Sales Strategy For 2021, Enabling Market Expansion
With 2020 drawing to a close, Plant & Co (CSE: VEGN) this morning provided the market with its sales strategy for that of Amazon for 2021. The company has elected to make a strategic shift with its sales process on the ecommerce giant, with the company now moving to what is referred to as Seller […]
Spruce Ridge Hits 27.2 Metres Of 8.02% Copper At Great Burnt
Spruce Ridge Resources (TSXV: SHL) this morning announced that it has completed a 3,100 metre drill program consisting of 22 drill holes in total. The program was conducted at the firms flagship Great Burnt copper deposit in central Newfoundland, with highlights from the program being 27.2 metres of 8.02% copper. Assays from just a single […]
Fire & Flower Sees Alimentation Couche-Tard Exercise Series A-2 Warrants
Fire & Flower Holdings (TSX: FAF) continues to see Alimentation Couche-Tard (TSX: ATD.B) slowly increase its holdings of the company in relation to certain outstanding warrants. The company this morning announced the full exercise of outstanding warrants labeled as being Series A-2. The company has seen a total of 10,505,779 Series A-2 warrants, which were […]
Revive Therapeutics Enters LOI To Acquire Psilocybin Program From PharmaTher
Revive Therapeutics (CSE: RVV) this morning announced that it has entered into a letter of intent to acquire PharmaTher Inc’s (CSE: PHRM) psilocybin program. The proposed acquisition is to consist of a number of intellectual property-related assets to PharmaTher’s psilocybin research. The letter of intent follows the previous announcement between the two firms that they […]
Zenabis Global Revises Q4 Guidance Down, Delays Several Cannabis 2.0 Products
Zenabis Global (TSX: ZENA) this morning released a rather disappointing corporate update this morning. The update was rife with production delay announcements, a new financing arrangement, and a negative guidance revision for the fourth quarter of 2020. First and foremost, the company has pulled back its guidance for the fourth quarter of 2020, with consolidated […]
Max Resource Reports 18.8 G/t Gold Over 16 Metres In Historic Core At RT Gold Property
Max Resource Corp (TSXV: MXR) this morning released assay results for its RT Gold project located in Peru. The assays come from that of historic drill core that the company obtained from a program conducted on the property in 2001. Highlights from the results include 18.8 g/t gold over 16 metres. The results come from […]