Plant&Co Sees Donna Reddy Appointed To Role Of President
Plant&Co Brands (CSE: VEGN) this morning had a management update, with the firm announcing that it has appointed Donna Reddy to the role of President of the company. The appointment is effective immediately, with Reddy to focus on leading the company through the next phase of growth. Reddy most recently served in the role of […]
Power REIT Acquires Greenhouse In California For $7.7 Million
Power REIT (NYSE: PW) has acquired a 37,000 square foot greenhouse cannabis cultivation facility in California. The acquisition was conducted as part of its latest transaction, which saw the company purchase the property for $7.7 million, with the property then being leased to Canndescent. Canndescent reportedly owns the best selling flower brand within the luxury […]
Psyched Wellness Sees Positive Initial Results From AME-1 Extract Study
Psyched Wellness (CSE: PSYC) this morning provided an update on its study to determine the therapeutic aspects of muscimol as both an antioxidant and an anti-inflammatory. Initial results have determined that no allergenic properties have been found within a series of tests. More specifically, the study is focused on the firms proprietary AME-1 extract, which […]
Digihost Reports January Bitcoin Mining Figures
Digihost Tech (TSXV: DGHI) this morning issued a brief update, advising shareholders of the total bitcoin production the company announced for the month of January 2021. The company managed to mine a total of 33.7 bitcoins during the 31 day period. At the time of writing, the value of that bitcoin currently translates to roughly […]
Creso Pharma Sees Canadian Subsidiary Secure Numerous Purchase Orders
Creso Pharma (ASX: CPH) this morning announced that it has secured a number of new purchase orders through Canadian provincial cannabis boards. The purchase orders were conducted via the firms Canadian subsidiary, Mernova Medicinal, which continues to see rising demand for its craft cannabis products. Collectively, the purchase orders amounted to C$242,842, with the orders […]
TPCO Holdings: Canaccord Initiates Coverage With US$15 Price Target
This morning, Canaccord Genuity initiated coverage on The Parent Company (NEO: GRAM.u) with a US$15 price target and speculative buy rating. This is the first analyst to initiate coverage on The Parent Company since they de-SPAC’d a few weeks ago. Bobby Burleson, Canaccord’s analyst, starts the note off by writing, “GRAMF has emerged as the […]
Apple Expected to Invest $3.6 Billion in Kia Motors to Produce EVs
The day Elon Musk has been dreading may come a lot sooner than anticipated: Apple Inc has agreed to collaborate with Kia Motors Corp to produce electric vehicles sometime in 2024, which are expected to be a direct competitor to Tesla. According to DongA Ilbo newspaper, and later cited by Bloomberg, Apple will invest $3.6 […]
THC Production From Yeast – The Daily Dive feat Trevor Peters of Willow Biosciences
Today on the Daily Dive, we sit down with Trevor Peters, CEO of Willow Biosciences (TSX: WLLW). Trevor joins us this afternoon to discuss the latest development at the company – the production of THC from yeast. Willow Biosciences is a biotech firm focused on producing high purity cannabinoids for the treatment of a number […]
Europe Headed for Double-Dip Recession Following Further Covid-19 Restrictions
Following what were potential signs of a recovery, Europe’s economy contracted again in the final quarter of 2020, as numerous governments reimposed Covid-19 restrictions to contain new strains of the virus. According to Eurostat data published on Tuesday, GDP contracted by 0.7% in the 19 eurozone countries, while the EU’s GDP levels declined by 0.5% […]
QYOU Media Doubles Size Of Bought Deal Financing To $10.0 Million
Evidently there is strong investor demand for QYOU Media (TSXV: QYOU), whom this morning upsized their bought deal financing. The demand has resulted in the company doubling the size of the bought deal from $5.0 million to that of $10.0 million. Under the terms of the financing, the company will sell 35.7 million units of […]