C21 Investments Posts $36.1 Million In Unaudited 2021 Revenues, Net Loss Of $6.1 Million

C21 Investments Inc. (CSE: CXXI) last night announced their unaudited results for the company’s fiscal year ended on January 31, 2021. Total revenues of $36.1 million were recorded while C21 incurred a net loss of $6.1 million for the year. Revenues of $36.1 million for the fiscal year resulted in gross profits before fair value […]
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 […]
Hexo Corp Announces Intent To Acquire “Large Canadian Licensed Producer” With US$360 Million Note Offering

Hexo Corp (TSX: HEXO) (NYSE: HEXO) late last night announced that it is in discussions to acquire yet another licensed producer within the Canadian cannabis landscape. The announcement was made following the news that the company has closed on US$360.0 million in aggregate principal of senior secured convertible notes. The notes themselves were sold for […]
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 […]
Joe Biden Expected to Propose $6 Trillion Budget, Send Spending to Record Post-WWII Levels

The Biden administration is expected to reveal a new federal budget to the tune of a record $6 trillion, which will further raise the country’s national debt levels and send already-soaring inflation even higher. According to documents obtained by the New York Times, Joe Biden is expected to propose his first budget request to Congress, […]
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 […]
Gold: Markets Need To Shift Attitudes For Safe Investments – The Daily Dive feat Doug Hurst

Today on the Daily Dive, we sit down with Doug Hurst, Chairman of Northern Vertex Mining Corp (TSXV: NEE). Doug joins us today to discuss the topic of gold and its position as a safe investment, as well as to give a high level overview of Northern Vertex and the benefits of the recent merger […]
Red White & Bloom Passes Pre-Qualification In Michigan, Proceeds To Final Step Of Licensing Process

After months and months of waiting, it’s finally happened. Red White & Bloom (CSE: RWB) this morning announced that it has received pre-qualification in the state of Michigan for marijuana licensing. The pre-qualification will enable the company to proceed to the second step of the process, which will see the firm work towards approval for […]