QYOU Media Launches New Platform Focused On Massive Growth Segment
Qyou Media (TSXV: QYOU) is focusing its efforts on under represented consumers in India. The company this morning announced the launch of a new marketing platform that will enable brands to access consumers in what is classified as Tier 2 and Tier 3 cities within India. Branded as BharatBox, the platform will focus on reaching […]
Verano Posts $198.7 Million In Q2 Revenue, Positive Net Income
Verano Holdings (CSE: VRNO) this morning reported its second quarter financial results, posting revenues of US$198.7 million and positive net income of $6.8 million. Once exchange rates are accounted for, the company managed to beat consensus estimates. Revenues climbed to $198.7 million from that of $143.3 million in the second quarter. With a consensus estimate […]
Revive Therapeutics Provides Update On Current Psilocybin Programs
Revive Therapeutics (CSE: RVV) this morning provided a corporate update as it pertains to its psychedelic assets. The update primarily focused on the current status of the firms various psychedelics-related development and clinical programs, which largely surround the use of psilocybin. The company currently has a number of ongoing studies as they relate to the […]
Curaleaf Hits US$312.2 Million In Revenue For Q2 2021
Curaleaf Holdings, Inc. (CSE: CURA) on Monday announced its financial results for Q2 2021, which recorded US$312.2 million in revenue. This is an increase from Q1 2021’s US$260.3 million and beats the analysts’ consensus estimate. The quarterly revenue also landedwithin the company’s guidance of US$305–US$315 million. Breaking down the earnings for the quarter, retail revenue […]
Max Resource Corp Reports On Further Sample Assays From CESAR
Max Resource Corp (TSXV: MXR) this morning reported further results from its ongoing exploration of its CESAR copper-silver project in Northeastern Columbia. The latest results, which consist of assays from rock samples, come from the URU zone within the Cesar North belt. The grab samples, many of which are said to be representative, are said […]
Scotts Miracle-Gro Takes Run At US Cannabis Market Via US$150 Million Investment In RIV Capital
It appears that The Scotts Micro-Gro Company (NYSE: SMG) is looking to take a run at the US cannabis industry. The company this morning announced that it would be taking a substantial stake in RIV Capital (TSX: RIV), a cannabis investment vehicle, via its subsidiary, The Hawthorne Collective. The arrangement will see ScottsMicro-Gro take what […]
Fosterville South Reports Initial Assay From Reedy Creek: 31.34 G/T Gold Over 11 Metres
Fosterville South Exploration Ltd. (TSXV: FSX) reported this morning an update from the initial drilling being conducted at the Reedy Creek goldfield in Victoria, Australia. The company is currently doing the first modern exploration of the property. The mining firm highlighted the assay from hole RWR13 intersecting 31.34 g/t gold over 11 metres, including 80.05 […]
Canaccord Revises Estimates For Eldorado Gold, Maintains Ratings
Eldorado Gold (TSX: ELD) reported their second quarter financials recently. The company produced 116,066 ounces during the second quarter with an all-in sustaining cost of $1,074. The company reaffirmed their full-year 2021 guidance of 430,000 – 460,000 ounces at an all-in sustaining cost of $920-$1,150 per ounce. The company reported revenues of $233.2 million, down […]
Green Thumb: Analysts Call For $207 Million In Q2 Revenue
Green Thumb Industries (CSE: GTII) announced that they will be reporting their second quarter financials after the market closes on August 11. Analysts have a consensus C$56.77 12-month price target on the company, via a total of 16 analysts, with 4 analyst having a strong buy rating, and 12 analysts have a buy rating. The […]
Bitfarms Improves Bitcoin Mining Rate; Investors Seem To Not Fully Factor In Improved Cash Flow
Last week, Bitfarms Ltd. (TSXV: BITF) announced the number of Bitcoin it had mined per month over the course of 2021, including 391 during the month of July alone. The market reacted positively to the news, but it seems that investors are still not fully factoring in the implications of the company’s news release. Beginning January […]