Verses AI Secures US$10 Million Investment From UAE-Based G42
Verses AI (CBOE: VERS) has received a vote of confidence from one of the top groups in the artificial intelligence space, after having secured an investment from Group 42 Holdings, a UAE-based artificial intelligence group.
Numinus Wellness To Acquire MedBright AI In Bid To Add Artificial Intelligence To Portfolio
Numinus Wellness (TSX: NUMI) is set to get into the artificial intelligence business. The firm this morning announced that it has entered into a letter of intent to acquire MedBright AI Investments (CSE: MBAI) to “AI-enable mental health clinics” within the US, while announcing a name change to Numinus Intelligence. The merger is expected to […]
EMX Royalty Borrows $35 Million From Franco-Nevada To Repay Sprott Loan
EMX Royalty (TSX: EMX) is trading one lender for another, after borrowing $35 million from Franco-Nevada Corp (TSX: FNV), which it will use to pay off an outstanding loan with Sprott Private Resource Lending II. The loan from Franco-Nevada consists of a senior secured term loan facility that is set to mature July 1, 2020. […]
Aurora Cannabis Sees Q4 Growth In Medical Cannabis While Consumer Segment Declines Materially
Aurora Cannabis (TSX: ACB) saw revenue of $67.4 million in its fiscal fourth quarter on a net basis. The topline figure grew by 5% on a year over year basis, which the company largely attributes to strong growth in its global medical cannabis business, which saw growth of 20%. The firms fiscal year 2023 notably […]
Indian Students No Longer Want to Come to Canada, Application Rate Falls 83% In March
The number of Indian students applying for study permits has dropped sharply in March 2024. According to data released by Immigration, Refugees and Citizenship Canada (IRCC), only 4,210 study permit applications from Indian students were processed in March, a stark contrast to the nearly 45,000 applications processed in January and February combined. This decline in […]
Meta’s Threads API Goes Live
Meta (Nasdaq: META) has announced the much-anticipated launch of its Threads API, allowing developers to create custom experiences and integrations for the rapidly growing social media platform. The API release, which was announced by Threads director of engineering Jesse Chen in a blog post and Meta CEO Mark Zuckerberg on the platform, marks a significant […]
Interest in Chilean Lithium Projects Soars with Over 50 Companies Expressing Interest
The Chilean government’s ambitious push to expand its lithium industry has garnered significant international interest, with more than 50 companies from 10 countries submitting proposals to develop lithium projects. This announcement was made by Finance Minister Mario Marcel during an event in Santiago. In a move aimed at solidifying Chile’s position in the global lithium […]
Analyst Reverses ‘Never Just One Cockroach’ Stance on Verano Holdings, Goes Long After $50M Buyback Announcement
Analyst Doug Kass is now bullish on Verano Holdings (NEO: VRNO) just two short years after saying that “there is never just one cockroach” while describing the company’s issues in 2022. The reason: “a sizeable” share buyback. In April 2022, Verano postponed its fourth-quarter and full-year financial results because of what it described as an […]
Elon Musk’s Ambitious Vision for “Everything App” X: The Next Venmo
Elon Musk’s vision for X, formerly known as Twitter, is ever-changing, but nothing short of bullishly controversial. As detailed in documents recently obtained by Bloomberg, Musk plans to transform the social media platform into an “everything app,” which includes incorporating a comprehensive payments system. This system aims to rival established players like Venmo, PayPal, and […]
Poilievre Blames Trudeau For 25% of Canadians That May Be Living In Poverty
Pierre Poilievre, leader of the Conservative Party, launched a blistering attack on the Liberal government, holding Prime Minister Justin Trudeau and his administration responsible for what he called a “record-smashing” increase in poverty rates, following a report that 25% of Canadians now live in poverty. In a heated session in the House of Commons Poilievre […]