The Deep Dive Weekly Update

Remark Holdings Vs. Internet of Things Inc: A Thermal Fever Fighting Device Comparison

Remark Holdings (NASDAQ: MARK) has been on a wild run as of late since announcing on April 30 that the company had launched its thermal imaging devices intended to help identify persons whom may be experiencing abnormal body temperatures. The thermal devices are akin to the recent announcement by Internet of Things Inc (TSXV: ITT) (OTC: INOTF) and their ThermalPass product, which also aims to identify persons whom are experiencing fever-like symptoms in a bid to reduce the spread of influenza and other viruses.

Collectively, the two products appear to be similar in nature with the intended goal to be to identify persons whom are potential ill to keep other patrons safe. Both thermal devices are intended to scan persons without disruption, reducing the need for long line ups at entrances to malls, schools, government facilities, office buildings, stadiums and music venues among other prominent locations.

But how do the products differ? Let’s do an in-depth comparison.

Supreme Cannabis Effectively Writes Off Truverra, Posts Net Loss of $72.3 Million

The Supreme Cannabis Company (TSX: FIRE) reported its third quarter earnings yesterday morning before the open, reporting net revenues of $9.7 million, an increase from last quarters $9.0 million in net revenues but a year over year decline from Q3 2019. Net loss for the third quarter was pegged at $72.3 million.

Scotiabank Shutters Gold Business, Makes A Good Case For Owning Physical Gold

As the price of gold continued its run at all-time highs, fueled by overheated printing presses at central banks and the collective metabolism of a gold bug community dangerously close to paying off an “I-told-you-so!” 40 years in the making, Canada’s only charter bank with a precious metals business is shutting it down in the midst of a class action lawsuit and a newly launched apparent criminal investigation that they assure us are completely unrelated.

Canopy Growth Quietly Parts Way With CCO, COO

It appears that Canopy Growth Corp (TSX: WEED) (NYSE:CGC) has continued to experience a bit of turbulence when it comes to that of its employees. BNN Bloomberg reported Tuesday morning that the company has confirmed two top executives have resigned from their positions with the cannabis giant.

Great Bear Reports First Deep Drill Results For Dixie Project

Great Bear Resources (TSXV: GBR) this week announced further results from its currently ongoing 2020 drill program at its flagship Dixie project in the Red Lake District of Ontario. Highlights of the results include the doubling of confirmed depths of gold mineralization, and the finding of the widest high-grade gold mineralization of the project.

Deep Dive Gold Series: Great Bear Resources Is Hitting Gold Bugs Where They Live

With widespread inflation-anticipation driving a bull market in gold, the TSX Venture exchange is building its COVID recovery around a few rapidly maturing juniors, so The Dive is bringing you a closer look, starting with Great Bear Resources (TSXV: GBR).

Aurora Cannabis Reports Revenues Of $75.5 Million For Q3, Doesn’t Provide Net Loss Figure

Aurora Cannabis (TSX: ACB) (NYSE: ACB) reported third quarter earnings after the bell today, electing to only file select data in the news release before the scheduled conference call. The firm reported net revenues of $75.5 million for the quarter, while not publishing an earnings per share or net loss figure. Adjusted EBITDA for the quarter was reported as being -$50.9 million for the period.

Canafarma Hemp Releases Sales Analysis Data

Canafarma Hemp Products (CSE: CNFA) this week released sales data analysis from its first six months of sales activity. The data, representing sales from June to November 2019, has been combed through by the company to conduct analysis on its marketing direct response model.

US With Another 3.0M Jobless Claims; 36M Over Last 8 Weeks

This morning the Department of Labor released initial jobless claims data for the week ended May 9th, 2020. The advance figure for seasonally adjusted initial claims was 2.98M, a decrease of 195k from the previous week. The data represents a cumulative 36.5M jobless claims over the last 8 weeks.

Canafarma: The Marketing Machine

Canafarma Hemp Products Corp (CSE: CNFA) on the surface may appear to be your typical hemp-related operation. The vertically integrated operation cultivates hemp on a 55 acre farm in New York, and then processes it into CBD-based consumer products for the end consumer. So what exactly is different about the firm relative to the numerous other CBD-focused operations? Largely, that comes down to its sales and marketing strategy.

Typically, the struggle for many new consumer products is getting their product onto retail store shelves. This is a struggle for two reasons: first, is the problem of getting retailers interested in your product enough to place it on store shelves. Second, is the issue of various fees that can be charged to manufacturers once products have passed the review stage.

Market Movers: Champignon Brands Tags $2; Up Over 35%

This morning Champignon Brands (CSE: SHRM) continued to gain momentum as the stock increased to $2, rising over 35% from yesterday’s close of $1.46. Although there hasn’t been any material news today indicating the reason for the increase, the company has released a series of strong news releases over the last month.

Kingman Minerals Reports First Sampling Results For Rosebud Mine

The first sampling results from Kingman Minerals’ (TSXV: KGS) Rosebud Mine were released by the company this morning. The sampling, which was conducted by Burgex Mining Consultants, had chip sample highlights of 252 grams per ton gold and 341 grams per ton silver over an interval of 0.46 metres.

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