Aurora Cannabis to Buy CanniMed for $1.1B, Creating the World’s Biggest Marijuana Producer
Aurora Cannabis Inc. (TSX:ACB), Canada’s second-largest marijuana producer, has finally agreed to acquire CanniMed Therapeutics Inc. (TSX:CMED) in a cash-and-stock deal worth $1.1 billion. This would create the world’s largest weed producer with a combined ... [Read]
RF Industries Stock Moves Higher After Earnings Announcement
RF Industries (NASDAQ:RIFL) stock soared to an all-time high of $3.15 per share in Wednesday trade. The reason? The company’s fourth-quarter results. In addition, traders increased their bullish bets on RIFL stock, supported by the ... [Read]
January Blockchain Technology Stock Movers
Blockchain technology stocks rose towards the end of 2017, as many companies began adopting the trending technology. It raised such a following that even an iced tea company, Long Island Iced Tea, announced mid-December that it ... [Read]
World’s Biggest Cannabis Deal: Aurora Cannabis to Buy CanniMed
The cannabis market is set for a major shake-up today as Canadian weed producer Aurora Cannabis (TSE:ACB) closes a deal to purchase CanniMed (TSE:CMED) for $1.1B CAD ($852M USD). The purchase comes after weeks of ... [Read]
OpGen Shares Soar Above 50% Without Any Major Fundamental Change
OpGen Inc. (NASDAQ:OPGN) shares surged as much as 58% to above $7 a share in Wednesday trade. OpGen stock has lost a huge share price within the last twelve months prior to the latest rally. ... [Read]
Arcadia Biosciences Improving Fundamentals are Driving its Shares Higher
Arcadia Biosciences Inc (NASDAQ:RKDA) continues to generate the huge movements in its stock price, allowing investors to create profit-making opportunities. Following a huge selloff in the last two years, Arcadia stock started gaining momentum over ... [Read]
Stock Gainers Approaching as Conference Looms: Blockchain & More
The 2018 Cantech Investment Conference, the largest tech conference in Canada, is fast approaching. The event, which takes place in Toronto, January 31st, will showcase talks from dozens of Canadian tech firms featuring developments in ... [Read]
Market Movers: Leagold Mining to Make Offer for Brio Gold
Leagold Mining Corp. (TSX:LMC) intends to make an offer to acquire all the shares of Brio Gold Inc. (TSX:BRIO) at $2.80 each on or before February 28. This offer represents a 57% premium over Brio ... [Read]
Zymeworks Inc. Stock Soars; Here’s What to Expect
After declining sharply in the mid of the last year, Zymeworks Inc. (TSX:ZYME) (NASDAQ:ZYME) shares bounced back significantly last month, thanks to strong results related to its Phase 1 dose-escalation study. ZYME stock gained more ... [Read]
CytRx Corp Stock in Steep, Steady Increase Following Cancer Trial Announcement Last Week
Stocks in cancer pharma company CytRx Corporation (NASDAQ:CYTR) have been on a dazzling rise this week on the heels of an announcement it made last Wednesday in relation to anti-cancer agent aldoxorubicin, which it developed. ... [Read]