Hut 8 Mining Ends Q1 2021 With $32.5 Million In Revenue, $242.2 Million In Bitcoin

Hut 8 Mining Corp. (TSX: HUT) released its Q1 2021 financial results this morning, highlighting a quarterly revenue of $32.5 million in revenue. This is a notable increase from Q1 2020’s revenue of $12.7 million. The revenue for this quarter consists of a $30.6 million revenue related to Bitcoin mining, $1.4 million from Hut 8 […]
EarthRenew Closes On Acquisition Of Replenish Nutrients

EarthRenew (CSE: ERTH) has officially closed the acquisition of Replenish Nutrients. Announced last night, the closing of the transaction marks a significant milestone for the company. The closing of the transaction enhances the distribution significantly of EarthRenew’s products. Currently operating at an annualized run rate of $9.9 million in revenues, the transaction also significantly bolsters […]
FluroTest Partners With SNC-Lavalin To Boost COVID-19 Saliva-Based Test Program

FluroTech LTD. (TSXV: TEST), also known as FluroTest, announced today that it signed a memorandum of understanding May 6, 2021 with SNC-Lavalin (TSX: SNC). The partnership is aimed at providing support to FluroTest’s high-volume COVID-19 rapid antigen test program, with the goal of SNC supporting pre-deployment, commercialization, and operations of the testing platform. Under the […]
Qyou Media Sees Britannia Join Company As Latest Advertiser

QYOU Media (TSXV: QYOU) this morning announced yet another major advertiser for its flagship operation, The Q India. Britannia, an iconic household brand that has existed for over 129 years within India, is the latest company to advertiser to join the company following explosive growth for the channel. One of the largest names in India, […]
K2 Gold Samples 23.4 g/t Gold, Discovers New Gold Zones At Mojave

K2 Gold Corporation (TSXV: KTO) announced this morning the preliminary results from its 2021 exploration program at the Mojave project in Southern California. Samples collected returned assays up to 23.4 g/t gold, which the company believes to indicate new zones of gold mineralization. The exploration program is being conducted on five target areas in Mojave, […]
PureGold Anticipates Commercial Production By End Of Q2

PureGold (TSXV: PGM) this morning reported that it has begun high grade gold production at its flagship operation in Red Lake, Ontario. The company has entered high grade ore production from its newly established mine, with commercial operations expected to begin by the end of the second quarter. The company this morning indicated that it […]
Green Thumb Posts US$194.4 Million In Revenue, US$11.5 Million Net Income For Q1 2021

Green Thumb Industries Inc. (CSE: GTII) last night reported its Q1 2021 financial results, which saw the company post US$194.4 million in revenue, topping analyst expectations. This is an increase of 9.7% from Q4 2020’s revenue of US$177.2 million and 89.5% from Q1 2020’s revenue of US$102.6 million. The company also recorded a US$11.5 million […]
Xebec Adsorption Posts Q1 Revenues Of $20.6 Million, Net Loss Of $9.2 Million

Xebex Adsorption (TSX: XBC) this morning filed its first quarter financial results, reporting revenues of $20.6 million along with a net loss of $9.2 million and adjusted EBITDA of negative $5.8 million. Quarterly results were a notable improvement over the firms disastrous fourth quarter results. Revenues were notably up 222% on a quarter over quarter […]
TGOD Reports Q1 Revenue Of $7.7 Million, Net Income Of $12.5 Million

The Green Organic Dutchman (TSX: TGOD) last night reported its first quarter financial results, with revenue amounting to $7.7 million for the quarter, a decline of 17% on a quarter over quarter basis. Notably, the company reported gross revenue within the related news release rather than net basis like its peers. The company also reported […]
Trulieve Reports Revenue Of $193.8 Million, Net Income Of $30.1 Million For Q1 2021

Trulieve Cannabis Corp (CSE: TRUL) this morning reported its first quarter 2021 financial results this morning. The company reported quarterly revenues of US$193.8 million, beating consensus estimates, along with a net income of $30.1 million. Revenues grew 15% on a quarter over quarter basis, from $168.4 million to $193.8 million. Gross profits meanwhile came in […]