Bitcoin Sent Plummeting Amid Rising Fears Over Global Equity Market Meltdown
The price of bitcoin was sent nosediving on Monday, as investors around the world offloaded their riskier assets amid a broader equities market descent. The world’s largest cryptocurrency fell by as much as 10% Monday to just above $43,900 at the time of writing, with other cryptocurrencies also joining the downward slide in sympathy. Ether […]
TerrAscend: The Dominant Player In Michigan? – The Daily Dive
Today on the Daily Dive, we sit down with returning guest Jason Wild, Executive Chairman of TerrAscend Corp. (CSE: TER). Jason dives in to discuss the recently-approved set of rules governing Michigan’s adult-use cannabis program and how it affects the company’s recent acquisition of Michigan-based cannabis firm Gage Growth Corp (CSE: GAGE). Further, he also […]
Acreage Holdings Divests Interests In State Of Oregon
While other multi-state operators are looking to get in to the Oregon market, it appears that Acreage Holdings (CSE: ACRG) wants out. The firm last night filed an 8-K, indicating it had sold off the last of its assets within the state. The company has sold the last four of its Oregon retail dispensaries, with […]
Uranium Prices Sent Soaring as Investors Bet on Higher Demand, Depleting Supplies
The competition for uranium supplies among nuclear power providers has ramped up as of late, as an increasing number of financial investors bet on a bullish sector. Raw uranium, also known as yellowcake, has seen prices skyrocket to the highest since 2014, as a newly-created investment trust from Canadian-based Sprott Asset Management snaps up uranium […]
Nevada Copper Starts Trading On Post-Consolidation Basis
Nevada Copper Corp. (TSX: NCU) announced this morning a series of company updates including the recent completion of the previously announced consolidation of its common shares. The copper producer is expected to begin trading today on a post-consolidation basis. Through the share consolidation ratio of one post-consolidation share for every 10 pre-consolidation shares, the company’s […]
Vizsla Copper Closes Spin-Out From Vizsla Silver, Receives Conditional Approval For TSX Venture Listing
Vizsla Copper Corp. is ready to set its own course as it announced Monday night that it has completed the spinout transaction from Vizsla Silver Corp. (TSXV: VZLA). The newly-formed junior mining firm is meant to focus on Vizsla’s British Columbia copper exploration assets. Following the proposed arrangement, Vizsla Silver shareholders received one-third of a […]
Luckin Coffee Settles US Class Action For US$187.5 Million, Seeks Approval Of Debt Restructuring Plan
Luckin Coffee Inc. (OTC: LKNCY) announced today that it has entered into a binding term sheet to settle its US securities class action lawsuit with the lead plaintiffs. The coffeehouse chain also filed a petition and summons for directions in the Grand Court of the Cayman Islands seeking to convene a meeting with its creditors […]
InsuraGuest Enters Strategic Alliance With Service Provider To 700 Hotels
InsuraGuest Technologies (TSXV: ISGI) had a major announcement this morning, revealing that it has entered a strategic alliance with another insurance provider. The firm has allied with Suitelife Underwriting Managers, whom provides insurance solutions and risk management programs to its clients. A subsidiary of the Ryan Specialty Group, Suitelife provides specialty programs for hotels, resorts, […]
Sundial Growers Retakes 10% Ownership In Valens Company
Sundial Growers (NASDAQ: SNDL) evidently remains bullish on The Valens Company (TSX: VLNS). The firm, whom previously revealed it was acquiring shares of the company on the open market, this morning indicated that it has continued to acquire a stake in the firm. Sundial this morning revealed it has dropped another $0.3 million into its […]
Inca One Gold Posts Record Production Figures For August 2021
Records continue to be beat by Inca One Gold (TSXV: INCA), whom this morning reported its best-ever processing results. The firm managed to post record production for the month of August, with production improving 163% on a year over year basis. Production in August hit 6,838 tonnes, or 221 tonnes per day, the best ever […]