Harvest Health Raises $34.6 Million Via Florida Sale Leaseback With IIPR
Harvest Health & Recreation (CSE: HARV) this morning has conducted a sale leaseback transaction with that of Innovative Industrial Properties (NYSE: IIPR). The transaction will see the company gain total proceeds of $34.6 million as a result. The property that was sold by the company appears to be the firms Alachua cultivation and processing facility […]
Psyched Wellness Increases Bought Deal To $5.5 Million
Psyched Wellness (CSE: PSYC) has increased the size of its bought deal private placement as a result of strong demand from shareholders. Previously pegged at $3.0 million, the financing has now nearly doubled to that of $5.5 million. The financing, lead by Canaccord Genuity, will see units of the company sold at a price of […]
Spruce Ridge Resources: Corporate Overview
Spruce Ridge Resources Ltd. (TSXV: SHL) is a junior copper explorer whom owns a 100% stake in a copper project with uniquely positive geological characteristics. The Great Burnt project in central Newfoundland is a volcanogenic massive sulfide (VMS) deposit, one of only about 900 VMS deposits that are known to exist throughout the world, nearly half […]
‘The Big Short’ Steve Eisman is Staying Away from Bitcoin
Tech stocks and cryptocurrencies have been at the spotlight of stock markets throughout the pandemic, many of which have been subject to astronomical price increases despite historical economic contractions. Most notably, Tesla and Bitcoin have seen a surge in price rallies in 2020, reaching new highs that surpassed many analysts’ expectations. The sudden rise to […]
Lithium Americas: BLM Decision Clears Path For Two Lithium Carbonate Mines To Be Operational In 2022
Late last week, the U.S. Bureau of Land Management (BLM) gave final approval to Lithium Americas’ (TSX: LAC) Thacker Pass battery-grade lithium carbonate project in Nevada. With this affirmation in hand and factoring in the construction time for the mine, commercial production could potentially begin in late 2022. The BLM’s decision came in the waning days […]
Tesla Cuts Prices in Europe as Rival Automakers Gain More Investor Attention
It appears that Tesla’s charm is beginning to wear off, as the EV trading buzz at Wall Street increasingly shifts towards legacy automakers GM and Ford. According to a note published by Morgan Stanley, GM has been the recent subject of “broader investor interest,” especially from ESG and tech investors. In an interview with CNBC, […]
Ayr Strategies: PI Financial Initiates With $60 Price Target, Buy Rating
On January 20th, PI Financial became the fourth firm to cover Ayr Strategies’ (CSE: AYR.a). Their lead cannabis analyst, Jason Zandberg, initiated a price target of C$60 and a buy rating. He headlines, “Positioning for a Re-rating! Are You Ready for the Next Major MSO?” Ayr Strategies currently has four analysts covering the company with […]
Bitcoin Drops 11% After Alarming Report Suggests ‘Double Spend’ May Have Occurred
Bitcoin has been the subject of a turbulent rally over the past several weeks, briefly soaring to $41,940 earlier in January before its recent sharp drop. On Thursday, the world’s largest cryptocurrency fell by nearly 11%, to the lowest level in nearly three weeks, following several inconveniences that surfaced over the past week. As reported […]
SPAC to the Future: SBE Stock Shows The Electric Potential In ChargePoint
This obscenely overvalued stock market is especially noisy. The information trying to move it flies in from all angles, at as high a volume as it can manage, trying to find a large enough echo to become relevant in the hive mind and create some momentum. The only way to reliably find signal in this […]
Pegasus Resources: New Exploration Focus In B.C.
Pegasus Resources (TSXV: PEGA), formerly Pistol Bay Mining, recently made a series of interesting moves that seemingly have caught the market’s attention. The company recently sold and optioned off some of its Red Lake properties, and acquired 100% interest in three exploration properties near Golden, British Columbia. Pegasus is exploring for both precious and base […]