High Tide Approved For Nasdaq Listing

High Tide Inc. (TSXV: HITI) announced today that they have been approved to list their common shares on the Nasdaq Capital Market. High Tide’s shares are expected to begin trading on the Nasdaq June 2, 2021, under the ticker symbol “HITI”. High Tide further state that they shall continue trading on the TSX Venture Exchange […]

Hexo Corp To Buy Redecan For $925 Million In Cash And Shares

Hexo Corp (TSX: HEXO) (NYSE: HEXO) this morning announced that it will be purchasing a yet another Canadian licensed producer, marking the third such announcement this year by the firm. The company has formally entered into a definitive agreement to acquire Redecan, the largest private cannabis operator in Canada. The transaction, which follows the news […]

Cresco Labs: PI Financial Reiterates $23 Price Target Following Q1 Financials

Cresco Labs (CSE: CL) reported its first-quarter financial results last night. The company announced revenue of $178.4 million, a 9.9% increase quarter over quarter. Gross profit margin came in at 48.8% and the company experienced record revenue in both its wholesale and retail segments. The company did come out with some sort of soft guidance […]

PayPal Will Allow Users to Withdraw Crypto Holdings to Third-Party Wallets

In an effort to further embrace digital currencies, PayPal has announced it will now allow its users to transfer their cryptocurrency funds from its platform to third-party wallets. At a CoinDesk Consensus 2021 conference held on Wednesday, PayPal general manager of blockchain, crypto and digital currencies Jose Fernandez da Ponte revealed the latest feature. “They […]

AMC, GameStop Renewed Rallies Leave Short-Sellers Scrambling

It appears that retail investors have once again renewed the rally in meme stock favourites, including GameStop and AMC Entertainment. The latter’s shares jumped nearly 10% Thursday morning, marking the fourth day of gains for the heavily-shorted company. AMC recently surpassed a significant milestone, raising over $1 billion in financing in an effort to evade […]