Plant & Co Expands Distribution Of Holy Crap Cereal
Plant & Co Brands (CSE: VEGN) has expanded its distribution of products through internal means. The company this morning announced that its Holy Crap breakfast cereals are now available for sale at its vegan butcher shop YamChops locations, both online and in store. The expanded distribution arrangement will see all four flavours of the notable […]
CryptoStar To Conduct $25.0 Million Private Placement
CryptoStar Corp (TSXV: CSTR) late last night announced that it will be conducting a private placement. The financing will look to raise gross proceeds of $25.0 million, with much of the proceeds stated to come from institutional investors. Under the terms of the offering, units are to be sold at a price of $0.30 per […]
Ayr Wellness Records Q4 2020 Revenues Of $47.8 Million, Net Loss Of $143.6 Million
Ayr Wellness (CSE: AYR.a) this evening reported its fourth quarter financial results, posting revenues of $47.8 million along with a significant net loss of $143.6 million as a result of a fair value loss on financial liabilities. For the full fiscal year, the firm posted revenues of $155.1 million, along with a net loss of […]
PayPal Purchasing Crypto Security Company Curv to Further its Move Into Digital Currencies
In a bid to further its cryptocurrency exposure, PayPal announced it will be acquiring digital currency security firm Curv. According to an announcement made Monday, PayPal has revealed it will be purchasing Curv, a company focused on providing digital asset security technology via cloud service. Although PayPal did not disclose the details of the acquisition, […]
OECD: Biden’s $1.9 Trillion Stimulus Bill Will Boost US Economy by 6.5%
Inflation and money supply concerns aside, the upcoming $1.9 trillion stimulus bill is expected to provide a major boost not only to the US economy, but also to the rest of the world. According to the latest OECD forecast, the extensive Covid-19 stimulus, coupled with the vaccine rollout, is expected to give the US economy […]
RBC: Price Pressures Could Prompt Rate Increases as Early As 2022
With the economic recovery gaining momentum, expectations of inflationary pressures are starting to mount, and will likely prompt central banks to hike interest rates as early as 2022. According to Royal Bank of Canada CEO Dave McKay, the extensive levels of liquidity that is currently sitting on households’ balance sheets, coupled with the ongoing vaccine […]
David Nutt: Amanita Muscaria Due For More Research – The Daily Dive
Today on the Daily Dive, our host Cassandra Leah sits down with Dr David Nutt, a highly experienced neuropsychopharmacologist, the chair of the scientific advisory board for Compass Pathways (NASDAQ: CMPS), and a director of Psyched Wellness (CSE: PSYC). David joins us this morning to discuss psychedelics and the science behind it, clinical research, and […]
Ayr Wellness: Fourth Quarter Consensus Estimates
Ayr Wellness (CSE: AYR.a) is set to report their fourth quarter and year end financials before market open on March 11th. Analysts have a consensus C$54.60 12-month price target on the company, via a total of four analysts, with one analyst having a strong buy rating and the other three have buy ratings. The street […]
US Federal Reserve To Lapse Nearly all Covid-19 Emergency Credit Facilities
Now that it has nearly been a year since the Covid-19 pandemic decimated US financial markets and simultaneously sparked the worst recession since the Second World War, it appears that an economic recovery may finally be underway, prompting the Federal Reserve to pull back some of its support. On Monday, the Federal Reserve announced it […]
Starr Peak Adds Drill Rig To Current Program At NewMetal
Starr Peak Exploration (TSXV: STE) is stepping up its current drill program. The company this morning announced that it will be adding a second drill rig to its current exploration program at its flagship NewMetal Property. The drill rig, which is anticipated to arrive on site next week, is set to focus on high priority […]