Jeff Booth: Governments Print Money to Offset Technology Deflation – The Daily Dive
Today on the Daily Dive, we sit down with Jeff Booth, author of The Price of Tomorrow. Within, Jeff discusses with us the idea of technology deflation, a primary theme in his book. Also discussed is the balance act between monetary inflation and this technological deflation, the impact of government policy, and his stance on […]
Organigram Earnings: Canaccord Raises Target While Others Cut
On April 13th, Organigram Holdings (TSX: OGI) (NASDAQ: OGI) reported their second fiscal quarter for 2021. Revenue for the quarter came in at $14.6 million, a roughly 25% decrease year over year. With gross margin being negative $17.2 million due to fair value adjustments and high cost of sales, adjusted EBITDA came in at negative […]
Global Investors Pouring More Cash Into US Than China
Although China’s economy fared considerably better than the rest of the world throughout the Covid-19 pandemic, investors are beginning to shift their attention away from Chinese stocks and into US ones, according to new research by EPFR Global. During 2020, China become a major destination for foreign investment, as the pandemic prompted a panic sell-off […]
Coinbase Hits $100B Market Cap Before Slipping Below Opening Price
Coinbase surpassed its reference price of $250 per share, and skyrocketed to a $112 billion market capitalization following its public debut on the Nasdaq on Wednesday. However, the hype was short-lived, because by the end of the day, the cryptocurrency exchange slipped below its opening price as bitcoin declined and tech stocks receded. Coinbase shares […]
C21 Investments Announces Record March Sales, Provides Little Color
C21 Investments (CSE: CXXI) this morning provided a brief update to the market on its current operations. Chief among that update was the latest on ongoing construction at its Nevada cultivation centre as well as March retail data. March retail data released by the firm has pointed to record monthly retail revenue at its Nevada […]
Datametrex Launches Walk-In COVID-19 Testing Clinic In Vancouver
Datametrex AI (TSXV: DM) this morning revealed that it has opened a new COVID-19 testing walk-in clinic in Vancouver. The clinic was opened in partnership with that of ScreenPro Security (CSE: SCRN). The new walk-in clinic is to be operated through that of Concierge Medical Consultants, the firms recently acquired healthcare provider. The clinic is […]
JustKitchen Opens 14th Satellite Kitchen, Second Hub Facility
Just Kitchen Holdings (TSXV: JK) this morning announced that it has opened its fourteenth satellite kitchen within Taiwan. The company concurrently announced that it has seen a second hub kitchen recently begin operations as well. The announcement this morning relates to the firms “hub and spoke” operational model for ghost kitchens. The company conducts initial […]
Excellon Resources Reports Production Of 516,715 Silver Equivalent Ounces In Q1
Excellon Resources (TSX: EXN) this morning provided its production results for the first quarter of 2021. Results come from the firms Platosa Mine in Durango, Mexico, where the company managed to achieve 516,715 ounces of silver equivalent ounces of production. The production figures represent a year over year decline, with the year-ago period seeing production […]
Aberdeen International Sees AES-100 Tech Selected By US Department Of Energy For Energy Project
Aberdeen International (TSX: AAB) has seen its recent acquisition, AES-100, selected by the US Department of Energy for deployment. The arrangement will see the firms tech deployed at Hawaii Gas to compliment synthetic natural gas production. The arrangement with the US DOE will see the company work to improve the efficiency of the production facility. […]
Cresco Labs Closes Acquisition Of Bluma Wellness
Cresco Labs (CSE: CL) has completed its acquisition of Bluma Wellness (CSE: BWEL.u), thus solidifying its move into the Florida market. The completion of the arrangement was announced by the firm last night after the close of markets. The closing of the transaction has now seen Cresco expand its operations to ten states across the […]