Fire & Flower And Subsidiary Hifyre Looks To Acquire PotGuide For US$8.5 Million
Fire & Flower Holdings Corp. (TSX: FAF) and its wholly-owned subsidiary Hifyre Inc. announced today the proposed acquisition of PGED Corp., the operator of PotGuide.com. This announcement comes in less than a month after the cannabis firm shared the $7.5 million purchase agreement to acquire another online cannabis platform Wikileaf Technologies Inc. (CSE: WIKI). The […]
The Green Organic Dutchman Gets Conditional Approval To List On CSE, Applies To Delist From TSX
In a move to accelerate its entry into the US market, The Green Organic Dutchman Holdings (TSX: TGOD) declared today that it has obtained conditional approval on its previously announced plan to list its common shares and warrants on the Canadian Securities Exchange. Following this, the company has also started its application to delist its […]
Ayr Wellness: Canaccord Reiterates Ratings After Quarterly Results
On August 16, Ayr Wellness (CSE: AYR.a) reported their second quarter financial results. The company reported revenues of $91.3 million, up 222% year over year, and 56% sequentially. Gross profit came in at $22.38 million, up over 100% year over year, but down almost 9% sequentially, primarily due to accounting shenanigans. The company also reported […]
EnerDynamic Sees Bell Canada Place Order For Additional Renewable Energy System
EnerDynamic Hybrid Technologies (TSXV: EHT) this morning announced another purchase order for its new subsidiary, Windular Research and Technologies. The order comes from that of Bell Canada, one of the largest telecommunication firms in Canada, and a returning customer of the company. The purchase order will see the installation of Windular’s renewable energy technologies in […]
Exploits Discovery Begins 3,000 Metre Drill Program At Jonathan’s Pond Project
Exploits Discovery (CSE: NFLD) this morning announced a mid season update to its ongoing exploration work across its Newfoundland-based properties. Chief among the updates is the commencement of drilling at the firms Jonathan’s Pond project. Drilling at the Jonathan’s Pond project is set to consist of a total of 3,000 metres initially across twelve drill […]
QYOU Media Sees Youth-Oriented Channel Distributed By India’s Second Largest Cable Operator
Qyou Media (TSXV: QYOU) is making its Hindi language youth-oriented channel, The Q India, available to more households and audiences. The company announced today that it is adding the cable firm GTPL Hathway as a distribution channel for the youth-oriented platform. GTPL Hathway is India’s second-largest multi-service operator engaged in cable TV distribution and high-speed broadband […]
El Salvador Installs 200 Bitcoin ATMs After Becoming First Country to Approve the Crypto as Legal Tender
Back in June, El Salvador announced that it would grant bitcoin legal tender status, in an effort to make it easier for Salvadorians living abroad to send financial aid to their families back home. Now, the El Salvadorian government is preparing to take things a step further, and will be installing hundreds of new bitcoin […]
Hexo Corp Sees Shareholders Approve Acquisition Of Redecan
Hexo Corp (TSX: HEXO) (NASDAQ: HEXO) is set for some oncoming dilution. The company last night announced that its shareholders approved two major share issuances, both of which are related to the now approved acquisition of Redecan, a private cannabis operator in Canada. The dilution events pertain to the acquisition of the licensed producer, as […]
Huawei Gets Approval from US Officials to Buy Chips for its Auto Business
In a rather surprising turn of sentiment, Washington has begun approving license applications that would allow blacklisted Chinese company Huawei to purchase semiconductor chips for its expanding automotive business. According to Reuters, which cited people familiar with the matter, the US Department of Commerce has granted numerous licenses worth hundreds of billions of dollars to […]
Binance ‘Not Capable’ of Supervision, Concedes UK-Based Regulator
The UK’s financial regulator has admitted it is unable to adequately supervise Binance, following a crackdown on the cryptocurrency exchange platform. Two months following the Financial Conduct Authority’s (FCA) crackdown on Binance, the regulator once again raised alarm over the crypto exchange’s risky products and governance. According to a notice created on June 25 but […]