Wesdome Sells Moss Lake Property To Goldshore Resources For $57 Million
Wesdome Mines (TSX: WDO) has elected to monetize its Moss Lake Project located in Ontario. The company this morning announced the sale of the project to that of Goldshore Resources for initial aggregate consideration of $57.0 million. The arrangement will see the sale of the entire project to Goldshore, including all assets, property and rights […]
Mind Cure Set To Launch Products Into Psychedelic Therapy Adaptogen Supplement Category
Mind Cure Health (CSE: MCUR) has completed the development of its first products. The company has completed the proprietary formulations for what it refers to as “all-natural integrated medicines intended to prepare and support patients of psychedelic therapies.” The first two products, referred to as Mindful Preparation and Mindful Integration, are intended as pre and […]
Molecule To Launch Cannabis Beverages Across Canada Through New Sales Partnership
Molecule Holdings (CSE: MLCL) this morning announced that it has entered an arrangement with Vortex Cannabis for the distribution of its cannabis infused beverage products. The arrangement effectively enables the company to begin selling its infused cannabis beverages throughout Canada, with the company initially starting with Ontario and Quebec. The services agreement is significant for […]
Tilray Selected To Supply Medical Cannabis For French Experimental Program
Tilray Inc (NASDAQ: TLRY) has expanded its international operations to now include France. The company this morning revealed that it was selected by the French National Agency for the Safety of Medicines and Health Products to supply medical cannabis for experimentation in France. The new development will see the company supply GMP-produced medical cannabis products […]
Skylight Health Applies To List On The Nasdaq
Skylight Health Group (TSXV: SHG) is the latest firm to set its sights on the Nasdaq. The company this morning announced that it has submitted an application to list its shares on the US big board exchange. The company this morning outlined a number or reasons as for why it is seeking a US listing, […]
Noram Ventures Sees 95% Lithium Recovery In Latest Leaching Tests
A further market update on the success of leaching tests was released by Noram Ventures (TSXV: NRM) this morning. Subsequent to the prior update, the company has seen the second round of leaching experiments yield up to 1230 ppm lithium, equating to 95% recovery. The chloride based leaching tests are being conducted by that of […]
Aphria Partners With AMP Cannabis To Push German Cannabis Sales
Aphria Inc (TSX: APHA) (NASDAQ: APHA) and AMP German Cannabis Group (CSE: XCX) this morning issued a brief joint press release, outlining that the two firms have partnered up to push sales in Germany. The arrangement has seen the two firms enter a joint marketing agreement for the sale of Aphria branded medical cannabis within […]
Pure Extracts Scales Up THC, CBD Distillate Production
Pure Extracts (CSE: PULL) is looking to scale up its production of both THC and CBD extracts. The company this morning announced that it has entered into two of its first substantial biomass purchase agreements to support the scale-up. The biomass purchases by the company are for both THC and CBD varieties. For THC, the […]
Supreme Cannabis Looks To Raise $20.0 Million In Overnight Offering
The Supreme Cannabis Company (TSX: FIRE) this evening announced that it is looking to conduct an overnight marketed public offering. The company is looking to raise gross proceeds of $20.0 million, at a price of $0.19 per unit. Each unit under the offering will be comprised of one common share and on half warrant, with […]
Village Farms Gets A Boost From Raymond James
Last Thursday, Raymond James’ increased their 12-month price target on Village Farms (TSX: VFF) (NASDAQ: VFF) from C$20 to C$26 and reiterated their strong buy rating on Village. Rahul Sarugaser, Raymond James’ analyst headlines “Raising TP to $26 | Welcome to the Big Five | Fortified Balance Sheet, U.S. Option.” Village Farms currently has six […]