AgraFlora Organics International Inc. ("AgraFlora" or the "Company") (CSE:AGRA) (PU31.F) (PUFXF) announced earlier today that it has closed the final two tranches of its $40 million equity participation and earn-in agreement with Delta Organic Cannabis Corp. Investors have been eagerly awaiting the completion of this deal, not only because it represents a landmark achievement for the Company, but also because it means that the Company’s 2.2 million square foot greenhouse facility in Delta, BC, is now officially, and entirely, funded. AgraFlora owns an effective 50-per-cent economic interest ...
Newmont Mining Corp will pay a special dividend of 88 cents per share in an effort to soothe unhappy shareholders if they approve its $10 billion takeover of Goldcorp Inc, the company said on Monday. Facing protests from investors who say Goldcorp shareholders benefit too much from the deal, Newmont said the immediate cash payment would represent a portion of the savings from a separate agreement with Barrick Gold Corp. Newmont's friendly bid to buy Goldcorp to create the world's biggest gold producer preceded the agreement with rival Barrick to create a joint venture combining their ...
How Cannabis Stocks' Valuations Stack Up amid Recent Weakness(Continued from Prior Part)Comparable multiplesThe recent movement in stock prices for cannabis players (HMMJ) also impacts valuation multiples. Below, we’ll discuss how the valuation
How Cannabis Stocks' Valuations Stack Up amid Recent Weakness(Continued from Prior Part)Forward EV-to-sales multiple Choosing a valuation multiple for cannabis stocks is a little challenging. Popular valuation multiples like PE aren’t very useful
Cronos Group Rises ahead of EarningsCronos Group risesToday, Cronos Group (CRON) was rising ahead of its earnings release, which is expected tomorrow before the market opens. As of noon, the stock had climbed nearly 8.2%.In the fourth quarter, the
Has long been a favorite Canadian cannabis stock of mine. Cronos Group will report the firm's fourth quarter financial results this Tuesday (tomorrow) prior to the opening bell. If the firm is to realize the revenue projection, this would illustrate year over year growth of 300% plus and double revenue quarter over quarter.
How Cannabis Stocks' Valuations Stack Up amid Recent WeaknessCannabis stocksThe cannabis sector has been facing some headwinds lately, and many of the sector stocks have fallen. When prices fall, it is often a good opportunity to buy stocks, as
Newmont is offering an 88-cents-a-share dividend if the deal is completed, the largest cash payout since 1987. “From my standpoint, I think we’ve done what we needed to do,” Newmont Chief Executive Officer Gary Goldberg said in an interview. “It now is up to our shareholders.
Canada's main stock index extended losses on Monday from its sharpest decline this year in the previous session, as investors fled riskier assets on concerns over a softening global economy. * At 9:59 ...
Wallbridge Intersects Multiple Structures with Gold Mineralization in New Area 51 Discovery and Extends the Main Zone to 650 metre depth at Fenelon Gold Property
Choom Holdings (CSE: CHOO) (OTCQB: CHOOF) is planning to expand into Florida, the company announced. Choom subsidiary Choom Holdings USA has signed a letter of intent to acquire a 95% stake in a Florida-based vertically-integrated cannabis applicant. Canopy Growth Corporation (TSX: WEED) (NYSE: CGC) has received a cultivation license from Health Canada for its facility in Fredericton, New Brunswick. Canopy expects that the facility will […]The post Cannabis Stock News Daily Roundup March 25 appeared first on Market Exclusive.
VANCOUVER , March 25, 2019 /CNW/ - GOLDCORP INC. (TSX: G, NYSE: GG) ("Goldcorp" or the "Company") announced today that it has consented to Newmont Mining Corporation ("Newmont") (NEM) paying a one-time special dividend (the "Dividend") to its shareholders conditional on the approval of the Newmont resolutions by the Newmont stockholders and the Arrangement resolution by the Goldcorp shareholders relating to the Arrangement, which was previously announced on January 14, 2019 . Goldcorp continues to recommend that its shareholders vote in favour of the completion of the Arrangement.
World Class Extractions Inc. (CSE:PUMP) (the “Company” or “World Class”) is pleased to announce that it has signed a definitive collaboration agreement (the “Collaboration Agreement”) with Parity Partners PBC (“Parity”), a corporation doing business in the State of North Carolina. The Collaboration Agreement sets forth the terms on which Parity will assist World Class in expanding its hemp and cannabis large scale extraction business in the United States. Parity is co-founded by Bert James.
Large-Scale Delta Greenhouse Fully Funded as AgraFlora Organics Closes $20 Million Third and Fourth Tranches of $40 Million Equity Participation and Earn-In Agreement
Newmont Mining has offered a special dividend to its shareholders to win their approval for its coming $10bn takeover of Canadian gold miner Goldcorp , following public opposition by two large investors. ...
