Jushi Holdings Sees Revenues Fall In Second Quarter
The US cannabis market continues to see declining revenues for its operators, with Jushi Holdings (CSE: JUSH) being the latest multi-state operator to report a decline in topline revenues. Revenues declined in the second quarter to $66.4 million, an 8.7% decline from the $72.8 million recorded in the year ago period, and a 4.9% decline […]
CGX Energy To Hand Over Up To 4.7% Interest In Corentyne To Frontera
CGX Energy (TSXV: OYL) is again giving up an ownership percentage in the Corentyne block, found offshore of Guyana. As has become customary at the juncture, a portion of ownership in the block has been again handed over to Frontera Energy (TSX: FEC). The need to provide a larger ownership interest to Frontera comes on […]
Aurora Cannabis Cuts Losses As It Continues To Hunt For Savings
Aurora Cannabis (TSX: ACB) has trimmed its net loss by $590.4 million in the latest quarter, while simultaneously advancing its efforts to cultivate an orchid business for the future. In its most recent financial disclosure on Thursday, the cannabis company unveiled a first-quarter net loss of $28.3 million, a strong improvement compared to the $618.8 […]
Petition to ‘Reclaim the Redskins Name’ Gains Over 75,000 Signatures
A petition advocating for the revival of the historic NFL team name, the Washington Redskins, has garnered substantial support, with over 75,000 signatures as of Wednesday evening. The team, which transitioned to the Washington Commanders in 2020 following social unrest prompted by George Floyd’s tragic death, has faced criticism from fans yearning for the reinstatement […]
11,000 Los Angeles City Workers Go On Strike
Thousands of city employees in Los Angeles embarked on a 24-hour strike on Tuesday, demanding higher wages and citing alleged unfair labor practices. Organized by SEIU Local 721, the strike saw a diverse range of workers, including sanitation workers, lifeguards, and traffic officers, walk off the job and form picket lines across various locations, including […]
France Greenlights Expedited Nuclear Reactor Construction Amid Mixed Reception
On Tuesday, a bill was approved by lawmakers to expedite the building of new nuclear reactors in France. Garnering 399 votes in favour and 100 against, the bill received support from a majority of MPs spanning various parties, but received some opposition from the radical left. The law— once enacted, will streamline administrative procedures, which […]
Virgin Galactic Completes First Tourist Space Flight
Virgin Galactic’s (NYSE: SPCE) space plane, the VSS Unity, achieved a significant milestone by launching its first tourist crew into space, before safely landing back on Earth. Setting off from Spaceport America in New Mexico, the mission dubbed “Galactic 02” had six people on board, including Commander and former NASA astronaut CJ Sturckow, pilot Kelly […]
Lebanon’s Defence Minister Targeted by Gunfire Amid Rising Instability
In Beirut on Thursday, an apparent assassination attempt targeted Lebanese Defense Minister Maurice Slim’s vehicle. Two bullets struck the car, but Slim remains unharmed, as reported by Lebanon’s official National News Agency. This episode took place in Beirut’s Jisr El Basha region. Just a day prior, a truck transporting ammunition for Hezbollah toppled in Kahaleh, […]
Twitter Loses More Money to Litigation, Slapped with $350K Fine for Not Complying with A Search Warrant Over Trump Investigation
Twitter, the social media platform now known as X, has been slapped with a fine of $350,000 for its failure to promptly adhere to a Justice Department search warrant seeking records linked to former President Donald Trump’s account, as disclosed in an unsealed court opinion on Wednesday. The Special Counsel John “Jack” Smith’s office had […]
Developers’ Influence on Greenbelt Extraction Sparks Controversy in Ontario
In a scathing special report, Ontario’s auditor general, Bonnie Lysyk, has revealed a troubling connection between developers and the province’s decision to extract Greenbelt lands. The report highlights what appears to be preferential treatment afforded to developers, with indications that they exerted direct influence over the decision-making process. This revelation follows a rigorous six-month investigation […]