Bond Sales Reach Record Highs With central banks cutting rates and yields dropping, investors have fled to other alternatives, primarily corporate bonds to get returns.
Beleaguered Canadian cannabis company Beleave (BE.C) just posted financials after the close of trading on a Friday, which is, as we well know, ‘Friday news dump’ time.
Ever since the greasy arrogant squirrel-faced grin of Martin Shkreli turned our collective stomach, big pharma has come under fire for their pricing practices. Pharma execs, often paid up to 300 times more than their average employee, shot back that research and development costs were crippling and all that needed to be paid for with healthy profit margins. Should we just buck up and shut up, or are we witnessing the brain death of big pharma?
AMPD Ventures (AMPD.C) CEO Anthony Brown told a reporter yesterday he was looking to raise money for acquisitions and growth, with a $2 million raise announced a few days ago. Nothing weird about that. What was maybe a little weird was the flex Brown was pulling in the announcing of that financing.
Happy Thanksgiving to our readers in the United States! The markets were closed in the US today, so there’s no major news coming in from Wall Street. Here in Canada, here’s what caught our eye:
Yeah we lost money, what’s it to you? 1933 Industries (TGIF.C) takes the transparent route and we love it
Regular readers will know I’ve been a little quiet of late on the cannabis space, which is by design. If I’m not going in full welly on a given sector or company, I’m certainly not going to suggest you should, and quite frankly the cannabis business was overdue for a reckoning, as I stated back in February.
Last week Empower Clinics (CBDT.C) announced that it has hired some young commissioned-based sales people to expand its Sollievo CBD line in Southern California.
Isracann Biosciences (IPOT.C) got the regulatory nod from the Israeli Land Authority for their land use and facility design, but before they can get started with construction of their phase 1 build-out, they’re going to need permits from the Israeli Settlement Commissioner and the Israeli Ministry of Health, both of which are pending.
Defense Metals (DEFN.V) continues to deliver solid drill results from their Wicheeda Project in the Prince George region of British Columbia.
Deal or No Deal? We’ve heard major news about the “phase one” deal being finalised and markets have traded up on looming optimism. But let’s not forget that Hong Kong is in the midst of a violent pro-democracy protest.