Floridians Can Soon Buy Weed At Circle K Gas Stations
Green Thumb Industries Inc. (CSE: GTII), one of the largest cannabis producers in the United States, has secured a lease agreement with global convenience store chain Circle K (Alimentation Couche-Tard Inc., TSE: ATD) to sell licensed marijuana at its Florida gasoline retailers. Under the deal, Green Thumb, which owns RISE Dispensaries, will be selling cannabis […]
EU Inflation Soars to Record-High Thanks to Skyrocketing Food and Energy Costs
It appears European consumers’ wallets won’t be getting a break anytime soon. Prices across the EU soared 10.9% year-over-year last month, marking yet another record-breaking high thanks to perpetually skyrocketing food and energy costs. In August, annual inflation stood at 10.1% and a now-seemingly minuscule 3.6% in September 2021. The Eurozone, which is comprised of […]
When Will The Fed Pivot? — With Craig Hemke
Today on the Daily Dive, we see the return of Craig Hemke, of TF Metals Report. Craig joins us today to discuss what’s happening in the UK, the September CPI, the Fed’s strategy, and how and when he sees the pivot coming. Also discussed are Credit Suisse, and current diesel prices. Craig also gives us […]
Aritzia Sees Consensus Price Target Rise After Q2 Results
Aritzia (TSX: ATZ) last week reported its second quarter results for fiscal 2023, for the period ending August 28, 2022. The company saw a 50.1% increase in total revenues to $525.5 million. The growth came from Aritzia’s segments of retail and eCommerce, which grew 60.1% and 33.3%, respectively. The company saw retail revenues grow to […]
Bank Of Canada Survey Reports That Businesses Expect A Recession In The Next 12 Months
The Bank of Canada released its business outlook survey for the third quarter on Monday, saying that overall business confidence has softened. Many of the firms surveyed expect slower sales growth as rising interest rates continue to stunt demand growth. Though the survey notes that businesses are seeing early signs that pressures on prices and […]
Scuffles Erupt As France Begins Nationwide Strikes For Higher Wages
In Paris on Tuesday, protestors clashed with police and broke shop windows as French trade unions began a nationwide strike to demand higher wages as inflation continues to soar. According to the interior ministry, 11 people were arrested in the capital as 107,000 people around the country, including 13,000 in Paris, joined the protest led […]
Rolls-Royce Unveils First All-Electric ‘Super Coupe’
British luxury automaker Rolls-Royce has announced the first entry from its electric vehicle lineup, the 2024 Spectre. The all-electric “super coupe” with “indulgent proportions” has an estimated range of up to 260 miles, a still yet-to-be-revealed price tag, and is set to reach its first batch of customers beginning the fourth quarter of 2023. Engineered […]
Canadian Inflation Falls to 6.9% But Food Costs Continue to Skyrocket
Despite a rapid tightening of policy with more to come from the Bank of Canada, latest CPI figures show there is still a lot more that needs to be done before inflation falls to the 2% target range. Following an August print of 7%, headline CPI decelerated to an annualized 6.9% last month, largely due […]
Equinox Gold’s Proposed Los Filos Expansion Would Extend Life Of Mine 14.5 Years
Equinox Gold (TSX: EQX) is looking to expand its Los Filos Mine Complex in Mexico. The firm this morning released the results of a feasibility for a proposed expansion, which highlights that the company could expand the life of mine by 14.5 years via the continued development of the Bermejal Underground deposit, along with the […]
Big Gold Expands Rainy River Property To Over 10,000 Hectares
The Rainy River region of Ontario just obtained a new major landholder. Big Gold (CSE: BG) this morning indicated it has expanded its claims in the region, with the property expansion adding a total of 6,100 hectares of new claims to the firms portfolio. The addition of the new claims brings Big Gold’s total landholdings […]