Zenabis Sees Shareholders, Courts Approve Hexo Arrangement
Zenabis Global (TSX: ZENA) is near the finish line for its merger arrangement with that of Hexo Corp (TSX: HEXO) (NYSE: HEXO). The company last night formally announced that it has obtained a final court order from the Supreme Court of British Columbia approving the transaction. Yesterday evening’s announcement comes on the heals of an […]
TerrAscend Reports Q1 Revenues Of $53.4 Million, Net Loss Of $12.7 Million
TerrAScend Corp (CSE: TER) this morning reported its first quarter financial results, posting net sales of $53.4 million along with a net loss of $12.7 million for the period ended March 31, 2021. The company also reported adjusted EBITDA of $22.6 million. Revenues increased 8% on a quarter over quarter basis from $49.6 million in […]
Target: Analyst Consensus First Quarter Estimates
Target Corporation (NYSE: TGT) will be reporting their first-quarter financial results May 19th before market open. Analysts have a consensus $217.96 12-month price target on the company, via a total of 29 analysts, with nine analysts having strong buy ratings, 13 analysts having buy ratings, and seven have hold ratings. The street high comes is […]
Medipharm Labs Sees Canaccord Drop Price Target To $0.75
On May 17th, MediPharm Labs (TSX: LABS) Labs reported their first-quarter financials. The company announced revenue of 5.5 million, down 9.3% quarter over quarter and down 50% year over year. The company reported a negative gross profit for the third quarter in a row. Shares of the cannabis company have slumped more than 19% year […]
Colonial Pipeline Hackers Allegedly Received $90 Million In Bitcoin Before Shutting Down
DarkSide, the hacker group responsible for the US Colonial pipeline cyberattack that decimated vital fuel-carrying infrastructure across the US, has reportedly received $90 million in bitcoin ransom payments before shutting down its operations last week. Colonial pipeline, which is one of the largest fuel transportation facilities in the US, was the subject of a cyberattack […]
Nickel 28 Anticipates Cash Flow From Ramu Nickel-Cobalt Project By The End Of Q2
Nickel 28 Capital Corp (TSXV: NKL) this morning provided production results for its largest asset, the Ramu Nickel-Cobalt in Papua New Guinea. The company currently holds an 8.56% stake in the operation via a joint venture arrangement. The operation saw record first quarter production, following minimal maintenance in the quarter, while cash costs net of […]
Ayurcann Reports Q3 Revenues Of $2.6 Million
Ayurcann Holdings (CSE: AYUR) this morning announced its third quarter 2021 financial results. The company reported net revenues of $2.6 million for the three month period, along with adjusted EBITDA of $1.1 million. Revenues were up 68.6% on a quarter over quarter basis, growing from $1.52 million to $2.63 million. Revenues for the nine month […]
TerrAscend: Analysts Expect $57.4 Million In First Quarter Revenues
TerrAscend Corp (CSE: TER) announced that they will be reporting their first quarter financials before market open on March 19th. Analysts have a consensus C$19.13 12-month price target on the company, via a total of 9 analysts, with two analysts having a strong buy rating and the other seven having buy ratings. The street high […]
Argentina Temporarily Suspends Beef Exports Amid Soaring Inflation
The government of Argentina is planning on cutting back its beef exports, in an effort to mitigate runaway inflation that is expected to hit 50% annually. According to Bloomberg, which cited Argentinian newspaper La Nacion, the country’s government, led by President Alberto Fernandez, has instructed a major beef export association to cease selling beef products […]
Squarepace: The IPO Deep Dive
If you’re a business looking to have an online presence, you might have tried creating your own website through one of the templates on a website-building…well, website. I am Cassandra Leah and this is a deep dive on Squarespace. The American website building and hosting company Squarespace is set to go public through a direct […]