Key Points High Tide will have more than 100 cannabis stores across Canada by the end of this year.The company just expanded into the U.S. by acquiring online retailer Fab Nutrition.Over the next 12 months, its sales are on track to top more than 200 million Canadian dollars. There are …
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FSD PHARMA ANNOUNCES CLOSING OF LUCID PSYCHECEUTICALS ACQUISITION
Lucid Adds Potential for Neurodegenerative Disease Treatments and Mental Health in a Novel Way TORONTO–(BUSINESS WIRE)– FSD Pharma Inc. (NASDAQ: HUGE) (CSE: HUGE) (FRA: 0K9) (“FSD Pharma” or the “Company”), a life sciences holding company dedicated to building a portfolio of assets and biotech solutions, is pleased to announce the …
Read More »Lululemon shares surge on earnings beat, hiked outlook as shoppers spend on workout apparel
Based on its current forecast, Lululemon is now on track to surpass its 2023 revenue target by the end of this year, two years ahead of schedule. Lululemon shares surged more than 13% in extended trading Wednesday after the athletic apparel maker reported fiscal second-quarter profit and revenue that topped analysts’ …
Read More »Tech giants are rushing to develop their own chips — here’s why
Apple, Amazon, Facebook, Tesla and Baidu are all shunning established chip firms and bringing certain aspects of chip development in-house, according to company announcements and media reports. Not content with relying on standard chips that are in high demand, some of the world’s biggest tech firms are developing their own …
Read More »2 Smart Growth Stocks to Buy Right Now
Growth stocks are not for the faint of heart. They are often risky, highly volatile investments, especially over short periods of time. But if you adopt a long-term mindset, those rapidly growing companies could help you make bank. Since 2009, growth stocks have generated a total return of 946%, crushing …
Read More »Valens to Acquire Craft Cannabis Producer Citizen Stash in $54 Million Stock-Based Deal
The Valens Company Inc. (TSX: VLNS) (OTCQX: VLNCF) (the “Company,” “The Valens Company” or “Valens”) and Citizen Stash Cannabis Corp. (“Citizen Stash”) (formerly Experion Holdings Ltd) (TSXV: CSC) (OTCQB: EXPFF) (FRANKFURT: MB31) are pleased to announce they have entered into an arrangement agreement (the “Agreement”) pursuant to which Valens will acquire …
Read More »Inflation expectations spike to record at Canadian businesses
Canadian business continues to anticipate a worsening inflation picture, according to a survey by an industry group. Firms expect they will raise their prices by an average 3.8 per cent over the next year, according to the August survey of members by the Canadian Federation of Independent Business, which represents …
Read More »Hexo eyes California cannabis market for upcoming investment
Hexo Corp. plans to enter the U.S. cannabis market through an investment in a California-based company that leverages the Canadian company’s manufacturing prowess, the company’s chief executive said Friday. The company created a special purpose vehicle to invest in the U.S. market while remaining onside with regulatory requirements from the …
Read More »5 Surefire Stocks That Are on Sale and Begging to Be Bought
It’s a great time to be a long-term investor. Over the past nine months, the benchmark S&P 500 hasn’t undergone a single decline of even 5%. What’s more, the index ended this past week having effectively doubled from the coronavirus crash bottom set on March 23, 2020. Yet, in spite of these …
Read More »CO2 GRO to support Canadian cannabis producer with CO2 solutions
CO2 GRO will support a “significant” licenced Canadian cannabis producer to increase both production and revenue with its CO2 Delivery Solutions™ The Toronto-based company on Monday (9th August) said it commenced a commercial feasibility at the producer’s facility which will run for up to one year with an extension option. CO2 GRO’s customer …
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