Charlotte’s Web Acquires Option To Enter US Cannabis Market
Charlotte’s Web Holdings (TSX: CWEB) is the latest Canadian cannabis firm to make arrangements to enter the US market. The company this morning announced that it has entered into an option purchase agreement with Stanley Brothers USA Holdings that will enable the firm to acquire the US operator upon a federal legalization event. Stanley Brothers […]
Max Resource Discovers New Copper Mineralization At Cesar North
Max Resource Corp (TSXV: MXR) this morning announced that it has discovered a new type of copper mineralization at its flagship Cesar copper-silver project in northern Colombia. The discovery follows numerous discoveries that were previously made on site. The new mineralization is hosted within igneous rock, as opposed to the sedimentary deposits found nearby. Referred […]
Canada’s Economy Expanded by 0.1% in December Amid Tightened Covid-19 Restrictions
The Canadian economy continues to slowly expand, following a pandemic-ravaged year that plunged GDP levels to record lows. In December, GDP grew by 0.1%, following a 0.8% increase in November. Despite the relatively slow growth in the final month of the year, December marked the eighth consecutive month of gains, after Canada’s economy plunged into […]
Jushi Holdings: Canaccord Raises Price Target Following Virginia News
On Saturday, both the Virginia House and Senate approved a recreational cannabis bill, which will allow sales to start in 2024, which is being sent to Governor Ralph Northam, which he is expected to sign the bill. On the Governors desk as well is another bill that allows flower sales under the current medical program […]
Inflation Is Here: Gold Will Benefit – The Daily Dive feat Russell Starr
Today on the Daily Dive, we see the return of Russell Starr, a frequent commentator and the CEO of Trillium Gold Mines (TSXV: TGM). Russell joins us today to provide his take on the silver squeeze and the impact of social media on investing, talk inflation, and give us the latest events occurring over at […]
Bears, Bond Yields, Battlestar Galactica
Is the reaper finally here, or is this an imposter? The Bears came out of hibernation in the last week of February, as the major indexes suffered corrections, and technical indicators were looking tepid at best. A sharp sell off on the 26th – the last Friday of February – means that more than a […]
Bitcoin Mining Requires More Electricity Than ‘Entire Countries’
It appears that it is not just Bitcoin’s value that has soared to new highs— the staggering amount of electricity needed for cryptocurrency mining has been significantly increasing, and raising concerns about environmental impacts. According to a recent analysis published by Cambridge University, the energy required to harvest Bitcoin has an annual carbon footprint equivalent […]
Cognetivity Neurosciences To Deploy Wellness App With Dutch Telehealth Firm
Cognetivity Neurosciences (CSE: CGN) has reached the commercialization stage for one of its products. The company this morning announced that via an agreement with Dutch telehealth firm Luscii Healthtech BV, the company will be deploying its wellness app, OptiMind. The arrangement will see the deployment of Cognetivity’s OptiMind app for its sophisticated cognitive measurement capabilities. […]
Medipharm Labs Increases Bought Deal To $29.0 Million
Medipharm Labs (TSX: LABS) has increased the size of the bought deal financing announced last night. Originally pegged at $20.0 million, the financing has now increased to $29.0 million. The financing, lead by Cantor Fitzgerald, will see 50.0 million units of the company sold at a price of $0.58 per unit. Each unit contains one […]
PowerBand Solutions Signs MOU With Global Insurance Provider, Strategic Equity Investment Proposed
PowerBand Solutions (TSXV: PBX) has entered into a memorandum of understanding with an undisclosed global insurance financial services provider. The arrangement will see the firm sell automotive insurance products on the DRIVRZ virtual transaction platform developed by PowerBand. The MOU outlines an arrangement whereby the partner will work with PowerBand Solutions, along with strategic partner […]