PowerBand Solutions Reports Gross Sales Of $8.0 Million For February
PowerBand Solutions (TSXV: PBX) this morning released its financial update for that of February 2021. The company continues to see strong month over month growth, with the firm reporting gross sales of $8.0 million for the short month. The gross sales of $8.0 million for February represent a 19.4% increase over the $6.7 million in […]
Leveljump Receives Approval For Listing Of Warrants On TSX Venture
Leveljump Healthcare (TSXV: JUMP) this morning has seen the TSX Venture approve the previously announced listing of certain outstanding warrants. The listed warrants are believed to trade under the symbol “JUMP.WT” on the exchange once listing is complete. Warrants that are set to be listed are valid until December 14, 2023, which is 36 months […]
Empower Clinics Reports Run Rate Of US$10.0 Million For Kai Medical Lab Subsidiary
Empower Clinics (CSE: CBDT) this morning announced that one of its subsidiaries, KAI Medical Laboratory, has achieved several milestones as of late. Included within the update is the announcement that the subsidiary is currently on pace for an annual revenue run rate in excess of $10.0 million. Milestones highlighted by the company this morning include […]
AUX Resources Reports Several High Grade Sample Assays At Independence, Silver Crown Properties
AUX Resources (TSXV: AUX) this morning released further results from the exploration programs conducted in 2020. Results this morning come from the firms Independence and Silver Crown properties, located just north of Stewart, BC, in the heart of the Golden Triangle. Grab samples were collected from both properties in the exploration programs conducted last year. […]
Mind Medicine To Raise Further $19.5 Million In Bought Deal
Mind Medicine (NEO: MMED) this morning announced that it is conducting yet another round of financing, after having raised $92.1 million just two months ago. The latest round of financing will take the form of a bought deal, lead by Canaccord Genuity, with funds largely said to come from one large institutional investor. The financing […]
Harborside Takes Equity Stake In Loudpack
Harborside Inc (CSE: HBOR) this morning announced that it has made a strategic investment into that of Loudpack, a premier California cannabis operator. The investment took place via a convertible note. In connection with taking the strategic investment, Loudpack will be providing Harborside with several services, including the identification of product efficiencies, as well as […]
Bitfarms: Recent Purchase Could Potentially Generate Significant Operating Cash Flow
On March 2, Bitfarms Ltd. (TSXV: BITF) announced that it has reached an agreement to purchase 48,000 new mining computers from MicroBT, a leading mining computer manufacturer based in China. This transaction could be transformational for Bitfarms; these computers could potentially generate around US$590 million of operating cash flow if conditions in the Bitcoin market hold […]
Vancouver Home Sales Nearly Double in February
The real estate market in Vancouver has been heating up since the beginning of the new year, as home sales doubled between January and February, putting significant pressure on home prices. According to data published by the Real Estate Board of Greater Vancouver (REBGV), home sales for the month of February totalled 3,727, marking a […]
Environmental Concerns Could Negatively Impact Bitcoin Price And Miners
In the week ended February 26, Bitcoin posted its worst weekly performance in about a year, declining around 17%. Investors’ fears of rising inflation stemming from the hoped-for “reopening” of much of the world caused long-term bond rates to rise and many highly valued stocks to fall. Bitcoin, a standout performer over the last year, […]
Canadian Cannabis: It’s Not Simple To Buy US Operators – The Daily Dive feat Jason Spatafora
For our Sunday edition of The Daily Dive, we sit down with Jason Spatafora, who’s more widely known for his Twitter moniker, The Wolf of Weed Street. Jason sits down with us to discuss the topic of US cannabis and its associated regulatory environment, the attempts by Canadian pubco’s to get into the market south […]