Population Growth Declines in Canada’s Major Urban Centers Amid Pandemic
Amid record-low mortgage rates and flexible remote work options, an increasing number of younger Canadians have been migrating out of expensive urban centers and into suburban and rural regions. According to the latest data released by Statistics Canada, census metropolitan areas (CMAs) across Canada saw a slow-down in population growth. Population levels between July 1, […]
Are We Looking At A “K” Shaped Recovery? – The Daily Dive feat Russell Starr of Trillium Gold
Closing out the week for us on the Daily Dive, is that of frequent commentator Russell Starr, CEO of Trillium Gold Mines (TSXV: TGM). Russell joins us this afternoon to discuss the latest political results in the US and the near and long term impacts on gold, its comparisons to the cryptocurrency market, and the […]
Cresco Labs: Stifel Raises Price Target To $21.50 Following Bluma Acquisition
Yesterday morning, it was announced that Cresco Labs (CSE: CL) is entering Florida with its acquisition of Bluma Wellness (CSE: BWEL.u) in an all-share transaction. The transaction will see shareholders receive 0.0859 Cresco Labs share for every Bluma share held at the time of closing. The transaction valued Bluma at U$213 million. Bluma’s shares jumped […]
Biden’s Covid-19 Plan Calls for $1,400 Stimulus Checks, $15 Minimum Wage
With a new Biden administration soon to take office, it appears that more government spending will soon be underway. On Thursday, president-elect Joe Biden revealed details surrounding his $1.9 trillion pandemic stimulus bill, which includes revamped payments to households, money for vaccination programs, more money for local and state governments, and an extension of jobless […]
Aphria: Multiple Analysts Raise Price Targets Following Q2 2021 Results
Yesterday, Aphria Inc (TSX: APHA) (NASDAQ: APHA) reported its second quarter financial results for fiscal 2021. The company reported net revenues of C$160.5 million, a 10% increase quarter over quarter. Net cannabis revenue came in at C$67.9 million, an increase of 7% quarter over quarter. Currently, Aphria has 11 analysts covering the company with a […]
Subversive Capital Closes Qualifying Transaction, Becomes The Parent Company
Subversive Capital Acquisition Corp has transitioned to that of TPCO Holdings Corp (NEO: GRAM.u) (OTC: SBVCF) as of this morning. Also known as The Parent Company, the company has now completed its qualifying transaction by acquiring that of Left Coast Ventures and CMG Partners, also known as Caliva, while also having arrangements in place with […]
PlantX Expands Cosmetics Vertical With New Partnership
PlantX Life (CSE: VEGA) this morning issued a brief press relief, identifying that they have expanded their product offerings in the plant-based cosmetics category. The expansion comes via a strategic partnership with Nootka & Sea, a private BC-based firm focused on apothecary and cosmetics. The addition of Nootka to the firms ecommerce platform will enable […]
Planet 13 Insiders File Numerous Share Sales Days Before Bought Deal Placement
Planet 13 Holdings (CSE: PLTH) yesterday saw a number of insiders file sales transactions with the regulator in relation to sales conducted on January 8, 2021. Notably, those transactions occurred just four days before the company announced that it would be conducting a $50.1 million private placement at a price of $7.00 per unit, which […]
Namaste Technologies Looks To Raise $10.2 Million In Bought Deal Financing
When it comes to capital raises, it appears the market is quite frothy. Namaste Technologies (TSXV: N) last night was one of the latest firms to announce a financing, with the company looking to conduct a bought deal financing. The financing will look to raise a total of $10.2 million for the company. Under the […]
Eclipse Gold Closes Financing, One Step Closer To Merging With Northern Vertex
Eclipse Gold (TSXV: EGLD) has completed the next step in connection with its proposed acquisition by Northern Vertex Mining (TSXV: NEE). The company last night announced the closing of a subscription receipt financing, raising gross proceeds of $22.6 million, as was required to proceed with the proposed transaction. Receipts were priced at $0.50 each, with […]