Newlox Gold Continues To Scale Operations
Newlox Gold Ventures Corp (CSE: LUX) this morning provided a brief update on its production facilities located in Costa Rica. The firms first facility, simply referred to as Project 1, has reportedly seen its highest level of productivity to date. Productivity is reportedly accelerating according to plan, with the firm having transitioned to commercial operation […]
TerrAscend Reports Q4 Revenues of $65.3 Million, Net Loss Of $109.3 Million
TerrAscend Corp (CSE: TER) this morning reported its fourth quarter and full year 2020 financial results. Fourth quarter net revenues amounted to C$65.3 million while the company reported a net loss of C$109.3 million. The full fiscal year meanwhile posted revenues of $198.3 million, and a net loss of $154.3 million. The fourth quarter saw […]
Datametrex AI Signs LOI To Acquire Telemedicine Firm
Datametrex AI (TSXV: DM) this morning announced that it is looking to expand its presence in the healthcare space. The company has signed a letter of intent to acquire a private unnamed telemedicine company through an all-stock transaction for $12.0 million. The acquisition target reportedly operates on a subscription basis, wherein it connects patients with […]
TerrAscend Sees Board Push Out CEO Jason Ackerman
TerrAScend Corp (CSE: TER) has seen its board of directors cut Jason Ackerman from the role of Executive Chairman and CEO of the company. Taking Ackerman’s place on the board will be that of Jason Wild, whom is currently Chairman of the Board, effective as of March 23, 2021. The senior management team is to […]
Trulieve Reports Q4 2020 Revenues Of $168.4 Million, Net Income Of $3.0 Million
Trulieve Cannabis (CSE: TRUL) this morning reported its fourth quarter and full year financial results for fiscal 2020. For the fourth quarter, the company reported revenues of $168.4 million and a net income of $3.0 million. For the full year, the company reported revenues of $521.5 million, along with a net income of $63.0 million, […]
Harborside Announces US$12.0 Million Revolving Bank Loan
Harborside Inc (CSE: HBOR) has managed to secure a loan financing from a commercial federally regulated bank in the United States, believed to be the first transaction of its kind in the US cannabis space. Announced this morning, the financing will see the company secure US$12.0 million under a secured revolving credit facility. Funds from […]
Biden’s ‘Build Back Better’ Infrastructure Plan to Cost Upwards of $3 Trillion
With the latest $1.9 trillion stimulus bill still hot off the printing press, an increasing amount of attention is already being directed towards US President Joe Biden’s second economic agenda: a giant infrastructure and climate plan, which comes affixed with a potential price tag of $3 trillion. According to documents leaked to the New York […]
Bloomberg Nanos: Share of Canadians Expecting Home Prices to Rise Higher Than Ever
Consumer confidence has soared to a 12-month high, as an increasing number of Canadians anticipate economic conditions to improve amid the ongoing vaccine rollout. However, the continued economic optimism has also spurred real estate expectations, which suggest that Canada’s hot housing bubble is expanding. The latest Bloomberg Nanos Canadian Confidence Index reading soared to 63.05 […]
CP Rail to Purchase Kansas City Southern for US$25 Billion
Canadian Pacific Railway Ltd has revealed it will be purchasing Kansas City Southern for US$25 billion, to create the first ever rail network that connects Canada, the US, and Mexico. Following a new trade alliance between the three countries, the deal will allow CP Rail access to the extensive Midwestern rail network that connects to […]
Is The Lack Of Copper Development Leading To A Supply Crunch? – The Daily Dive feat Joe Mazumdar
Starting off the trading week, The Daily Dive sees host Cassandra Leah sit down with Joe Mazumdar, Editor of ExplorationInsights.com, and a former senior mining analyst and geologist. Joe joins us this afternoon to provide his insights on the current macro environment, including the topic of yield curve control, his rules for investing in junior […]