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Hong Kong's Bitcoin ETF Debut Records 0.2% Of First-Day US ETF Trading Volume
Tuesday, April 30, 2024 - 8:33am | 531The launch of the first Bitcoin (CRYPTO: BTC) and Ethereum spot ETFs in Hong Kong marked a modest start, with a total trading volume of just 87.58 million HK$ ($12 million) as markets closed today. What Happened: This figure pales in comparison to the United States’ first Bitcoin ETF launch,...
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Curaleaf's Boris Jordan Predicts Major Turnaround For Cannabis In 2024
Wednesday, December 27, 2023 - 5:05pm | 519Despite a challenging year for the cannabis sector in 2023, Boris Jordan, founder and executive chairman of Curaleaf Holdings Inc (OTCQX:CURLF), expressed optimism for 2024. “2023 was a terrible year for the sector,” Jordan admitted, citing slower growth and regulatory hurdles. Key...
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Curaleaf Will Ring Opening Bell At Toronto Stock Exchange To Celebrate Landmark Listing
Wednesday, December 13, 2023 - 11:41am | 676Curaleaf Holdings, Inc. (CSE:CURA) (OTCQX:CURLF) announced on Tuesday that it has complied with all the conditions listed in the conditional listing approval delivered by the Toronto Stock Exchange in connection with the listing of its subordinate voting shares on the TSX. The cannabis giant...
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Curaleaf's Strategic Move To Attract Deeper-Pocketed Investors, Internal Reorganization Sets Stage For TSX Listing
Monday, December 11, 2023 - 4:18pm | 852Cannabis giant Curaleaf Holdings, Inc. (CSE:CURA) (OTCQX: CURLF) will undertake an internal reorganization of its U.S. operations, related to receiving conditional approval from the Toronto Stock Exchange to list the company’s subordinate voting shares on the TSX. What Happened The company...
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Curaleaf Is One Step Closer To Trading On Toronto Stock Exchange
Friday, December 8, 2023 - 9:29am | 418Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF) has received conditional approval from the Toronto Stock Exchange to list its subordinate voting shares on the TSX. The company said the final approval of the TSX listing is subject to meeting certain customary conditions required by the TSX. In...
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TMX Group's Datalinx Debuts Comprehensive ESG Data Hub For Informed Investment Decisions
Thursday, October 5, 2023 - 5:18pm | 481Headquartered in Toronto, TMX Group operates global markets and builds digital communities and analytic solutions that facilitate the funding, growth, and success of businesses, traders, and investors. The group assists in fully electronic trading on Canada's premier equities exchanges, the...
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Canopy Growth's Consolidation Strategy Following NASDAQ Notice That Shares Are Too Low For Too Long
Monday, July 17, 2023 - 5:42pm | 586Smith Falls-based Canopy Growth Corp. (TSX: WEED) (NASDAQ: CGC) has received a non-compliance notice from the NASDAQ due to its shares' closing bid price remaining below $1 per share for 30 consecutive business days. However, the company has been granted a 180-day period to regain...
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Organigram In Search Of Investors And Enhanced Marketability: What's At Stake? What's Their Plan?
Wednesday, June 21, 2023 - 5:04pm | 515Organigram Holdings (NASDAQ: OGI), a major licensed producer of cannabis and cannabis-derived products in Canada, announced plans to consolidate its shares on a 4-to-1 basis. The move is aimed at maintaining the company's U.S. equity listing on the NASDAQ, which had warned Organigram...
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TerrAscend Receives Conditional Approval To List On Toronto Stock Exchange
Wednesday, June 21, 2023 - 3:57pm | 388TerrAscend Corp. (OTCQX: TRSSF) (CSE: TER) announced that it has received conditional approval from the Toronto Stock Exchange to list its common shares on the TSX. “I would like to express my sincere appreciation to the teams at the TSX, TerrAscend and Cassels for...
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A Strategic Partnership That Could Redefine The Canadian Cannabis Industry
Thursday, June 1, 2023 - 2:14pm | 374SNDL Inc. (NASDAQ: SNDL) recently provided an update on its proposed transaction with Nova Cannabis Inc. (OTCQB: NVACF) (TSX: NOVC) to establish a well-capitalized cannabis retail platform in Canada. The terms of the plan of arrangement have been amended, and SNDL shareholders will receive...
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MediPharm Labs Corp. Q1 Revenue Grows 20% YoY, Achieves First Quarter Of Positive Adjusted EBITDA
Monday, May 15, 2023 - 2:33pm | 653MediPharm Labs Corp. (TSX: LABS) (OTCQX: MEDIF) (FSE: MLZ) announced financial results for Q1 2023, revealing EBITDA growth over the past two years and a significant reduction in losses to CA$2.1 million. Q1 2023 Highlights Adjusted EBITDA of $2.31 million (CA $3.1 million) with the inclusion...
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TerrAscend Q1 Revenue Soars 42.8% YoY, But Net Loss Also Higher
Thursday, May 11, 2023 - 10:57pm | 779TerrAscend Corp. (CSE: TER) (OTCQX: TRSSF) reported its financial results for the first quarter that ended March 31, 2023. "Despite a challenging environment, revenue in the first quarter increased 42.8% year-over-year, gross margins significantly improved by 420 basis points sequentially...
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Hey Investors, Canada's SEC Unveils New Senior Listing Tier For US Cannabis Companies
Monday, April 3, 2023 - 6:08pm | 608The Canadian Securities Exchange (CSE) announced a new senior tier that could benefit US cannabis companies by offering them a broader investor base and lower capital costs. The new tier will include 108 companies, 39 of which are marijuana businesses. By being on the senior tier, members will...
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Sundial Extends Alcanna Arrangement Agreement Outside Date
Monday, February 28, 2022 - 12:05pm | 265Alcanna Inc. (TSX: CLIQ) (OTCMKTS: LQSIF) reached mutual agreement with Sundial Growers Inc. (NASDAQ: SNDL), to extend the outside date for closing the transaction contemplated under the arrangement agreement between Sundial and Alcanna dated October 7, 2021, and amended on January 6, 2022, to...
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Aleafia Health Raises More Than $22M Via Unit Sale
Tuesday, March 9, 2021 - 8:55pm | 189Aleafia Health Inc. (TSX: AH) (OTCQX: ALEAF) raised $22.7 million via a previously announced bought deal offering. Under the offering, vertically-integrated Canadian cannabis company issued 27.39 million units of the company, with a price tag of 83 cents for gross proceeds of $22.7 million,...