This week, numerous U.S. cannabis operators released Q2/2019 earnings, with companies reporting impressive top-line growth but most still are struggling to turn a profit. [more]
Klarna, a new online banking and payment service start-up from Sweden, recently announced US$460 million in funding, valuing the company at US$5.5 billion. [more]
The healthcare sector has been zestful with investment activity as new companies emerge to develop different ways to integrate technology into healthcare products and services to reduce costs, enhance patient experience, and improve medical processes. [more]
The renewable energy industry which includes alternative sources from solar, wind, water, geothermal, and nuclear, is ramping up as investors become more socially conscious and corporations start to understand the long-term benefits. [more]
Nouveau Monde Graphite (TSXV: NOU) secured a $4.25 million dollar technology commercialization grant from the Canadian government funded sustainable development technology program to build a graphite purification processing facility in Quebec, Canada [more]
eResearch is pleased to provide its weekly analysis of various yield curve spreads in order to watch for the occurrence of an “inversion”, which traditionally leads to an Economic Recession. Canada has “inverted” and is on Count-Down Watch for a possible Economic Recession, while the USA sits on the cusp.
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Colorado reported US$1.5 billion in retail cannabis sales in 2018, compared with Canada which had only C$85.6 million of sales in May, annualized would equate to C$1.0 billion, for a population of 37.1 million – 6 times the size of Colorado! [more]
UPS (NYSE: UPS; LSE: 0R08; DB: UPAB) announced that their subsidiary, UPS Flight Forward Inc., submitted an application for the Party 135 certification from the FAA, which would allow UPS to use drone delivery over people and out of sight from an operator in the U.S. [more]
eResearch is pleased to provide an insightful article authored by Scott Grannis for his Blog, Calafia Beach Pundit. This article shows that truck tonnage moved is a good proxy for the strength of the U.S. economy. [more]
Canopy (NYSE: CGC; TSX: WEED) announced that it has received an extraction license from Health Canada for its KeyLeaf Life Sciences facility in Saskatchewan, which is expected to have an extraction capacity of 5,000 kilograms (kg) per day. [more]
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