Verano Holdings Reports Pro-Forma 2020 Revenues Of $354.8 Million, Net Income Of $244.6 Million
Verano Holdings (CSE: VRNO) this morning reported its fourth quarter and full year financial results for the period ended December 31, 2020. The company reported revenues of $354.8 million for the full fiscal year, along with a net income of $244.6 million on a pro-forma basis. Notably, results are presented on a pro-forma basis as […]
WELL Health To Acquire Ontario-Based Health Services Provider For $12.6 Million
WELL Health Technologies (TSX: WELL) continued with its expansion by acquisition strategy this morning, with the firm announcing it will be acquiring ExecHealth. ExecHealth, whom is a provider of primary care as well as executive health services in Ontario, represents the first clinical assets purchased by the firm in the province. The primary care provider […]
Graph Blockchain Invests In LINK For Proof Of Stake Mining
Graph Blockchain (CSE: GBLC) issued a very brief press release this morning, revealing the final alternative cryptocurrency that it has elected to place funds into. The announcement follows prior news that the firm had allocated a further $2.0 million towards staking of coins, with the majority of funds being placed into Polkadot and Cardano. Now, […]
Max Resource Discovers New Zone At Cesar Copper-Silver Project
Max Resource Corp (TSXV: MXR) this morning announced that it has discovered yet another copper zone at its wholly-owned Cesar copper-silver project in northern Colombia. The zone, titled the URU zone, is located 30 kilometres to the south of the recently discovered Conejo zone. The new zone has been pegged at at least 3.7 kilometres […]
Trulieve Prices Public Offering At C$198.1 Million
Trulieve Cannabis (CSE: TRUL) this evening released the pricing of their previously announced public offering of subordinate voting shares. The company also increased the amount of shares to be offered, resulting in an increase to the size of the offering as a whole. The offering will now see 5.0 million subordinate voting shares of the […]
Janet Yellen Proposes Global Corporate Tax Rate to Eliminate Evasion Havens
US Treasury Secretary Janet Yellen has called on governments to consider adopting a minimum global corporate tax rate, in an effort to deter US companies from relocating amid the Biden administration’s upcoming corporate income tax hike. In a series of prepared remarks, Yellen told the Chicago Council on Global Affairs that the Biden administration will […]
US Job Openings Soar to 2-Year High as Economic Improvement Continues
The US labour market continues to show signs of improvement, as job openings hit a two-year high in February. The latest Bureau of Labour Statistics’ Job Openings and Labour Turnover Survey, or JOLTs, shows that the number of job openings rose from a revised 7.1 million to 7.37 million in February. The median estimate by […]
Aphria: Consensus Estimates For Q3 2021
Aphria Inc (TSX: APHA) (NASDAQ: APHA) is expected to report their fiscal third quarter on April 12th. Analysts have a consensus C$17.72 12-month price target on the company, via a total of ten analysts, with two analysts have strong buy ratings. Five analysts have buy ratings and three have hold ratings. The street high comes from […]
Nobody Would Buy Treasuries Here If Inflation Were Properly Measured – The Daily Dive ft Craig Hemke
Returning to the Daily Dive this afternoon is that of Craig Hemke of TF Metals Report. Craig joins us this afternoon to discuss the impact of the recently announced infrastructure bill and the delays to expect, his take on real inflation levels, and Janet Yellen’s comments on a global corporate tax minimum. TF Metals Report is […]
Coinbase Estimates Q1 Revenue Surged to $1.8 Billion Ahead of Nasdaq Listing
Ahead of its Nasdaq debut next week, cryptocurrency exchange Coinbase revealed its revenue for the first quarter jumped by nearly nine-fold compared to year-ago levels, largely due to the ongoing record rally in major cryptocurrencies such as bitcoin. In a press release published on Tuesday, Coinbase announced that its revenue soared to $1.8 billion in […]