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This Week on The CSE – July 15 – 19, 2019

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By Amanda Graff


The Opening

Most of us are aware that 50 years ago (July 16), a huge rocket carrying three brave American astronauts blasted off from the Kennedy Space Centre on one of the most daring endeavors in human history. What is less well known is Canada’s prominent role in this amazing feat.


The two stage lunar module was conceived by a Canadian engineer working for NASA.

It was Canadian James Chamberlin who proposed the two-vessel concept of a lunar orbiting command module, and a second module that would land and later blast off from the surface to carry two astronauts back up to the command module. Canadian Owen Maynard became chief of systems engineering for the Apollo program, and it was he who laid out the design for the lunar lander and its two sections. Yet another Canadian helped design the heat shield for the returning command capsule. Although shields had been developed in the Mercury programme, Apollo 11 would be re-entering the Earth’s atmosphere at far greater speed and steeper angle which called for greater protection.


Canada Post released commemorative stamps honouring both Owen Maynard and James Chamberlin, as well as other Canadian contributors to NASA’s Apollo space program. 

New Listings

The CSE welcomes the following new listings this week:

GlobeX Data Ltd. (SWIS, SWIS.WT)

MGX Renewables Inc. (MGXR)

Revive Therapeutics Ltd. (RVV)


July 15

Stem Holdings, Inc. (CSE:STEM) (OTCQB: STMH) is pleased to announce that it has entered into a non-binding letter of intent dated July 8, 2019 with Seven Leaf Ventures Corp. a private Alberta corporation and the securityholders of 7LV. >>Learn more


Stem Holdings, Inc. (CSE: STEM) (OTCQB: STMH) is pleased to announce that it has entered into a licensing agreement with GCH, Inc. to produce and distribute WILLIE’S RESERVE™ a nationally recognized brand inspired by legendary musician and cannabis-rights activist, Willie Nelson. >>Learn more


Marret Asset Management Inc. today announced that Cline Mining Inc. (“Cline”) has entered into a conditional term sheet for the proposed sale by Cline to Allegiance Coal Limited of all the shares in New Elk Coal Company, LLC. >>Learn more


Chemesis International Inc. (CSE: CSI) (OTC: CADMF) (FRA: CWAA) announces a Partnership with U.S. based Happy Tea, a brand of CBD infused sachets and shots. >> Learn more


Triangle Plant Sciences a division of Verdesian Life Sciences of Cary, NC, has announced a partnership with MustGrow Biologics Corp. of Saskatoon, SK, to offer exclusive Canada and global access to TPS’s TP-1000, the first product in a suite of researched hydroponic technology offerings.  >> Learn more


Canada House Wellness Group Inc. Announces Partnership with Weedbox Inc. The Agreement leverages Canada House cultivation expertise with Weedbox’s extensive brand and retail experience.. >> Learn more


Carl Data Solutions Inc. (CSE:CRL) (FSE:7C5) (OTC:CDTAF) is excited to announce it has engaged with PRC Partners Ltd. to access their EU and Asian networks to support global expansion in both the distribution of products and services, and the growth of Carl Data’s investor base. >> Learn more


Canadian Metals Inc. (CSE: CME) announces its intention to seek the necessary approvals to consolidate its common shares. The benefit of the planned consolidation is to reduce further dilution at current price when future financing is required to advance the large Iron deposits optioned recently. >> Learn more


July 16


Mojave Jane Brands Inc. (CSE: JANE) (OTC: HHPHF) (FSE: OHCN), a California cannabis company, today announced that it has acquired 20.7% of the issued and outstanding shares of the 2083 Group (.  >> Learn more


Inner Spirit Holdings Ltd. (CSE:ISH), a Canadian company establishing a national network of retail cannabis stores under its Spiritleaf brand, today announced it has received six additional licences from Alberta Gaming, Liquor and Cannabis for retail cannabis stores in the province.  >> Learn more


Spearmint Resources Inc. (SPMT—CSE) ( SPMTF—OTCBB) (A2AHL5–FSE) wishes to announce that it has acquired the ‘Prickle’ claims package consisting of 4980 contiguous acres directly bordering Brixton Metals Corp.’s (TSX-V:BBB) Thorn project in the Golden Triangle of British Columbia.



Rapid Dose Therapeutics Corp. (CSE: DOSE), (“RDT”) and Ukraine Pharma announced today that they have signed a twelve month distribution agreement to export QuickStrip™ nutraceutical products to Ukraine and a number of other Eastern European countries.


Grand Peak Capital Corp. (CSE: GPK) announces it will conduct a non-brokered private placement to raise up to $2,000,000 by the issuance of $100,000 increments of unsecured convertible debentures of the Company (>> Learn more


Cannvas MedTech Inc. (CSE: MTEC) (Frankfurt: 3CM) (OTCPK: CANVF), a leading digital cannabis education and analytics company, is pleased to announce that it has closed the first tranche of a non‑brokered private placement issuing a total of 5,007,500 units issued at a price of $0.20 per Unit, raising gross proceeds of CDN$1,001,500. >> Learn more


MLI Marble Lending Inc. (CSE: MRBL) (OTCQB: MRBLF) is pleased to announce that it has entered into a definitive agreement to acquire Score-Up Inc. a market leading personal finance and credit management proprietary technology platform, and Credit Meds Corp. an Ontario-based credit coaching, company that offers debt restructuring alternatives by utilizing its proprietary  financial wellness diagnostic process.



July 17


SOL Global Investments Corp. (CSE:SOL)  (OTCPK:SOLCF) ) (Frankfurt:9SB) is pleased to announce a US$6.5 million capital infusion in its portfolio company CannCure Investments Inc. an investment that is intended to fuel the growth of its position throughout the cannabis markets of Florida, Michigan, and California. >> Learn more


MJardin Group, Inc. (CSE: MJAR) (OTCQX: MJARF), a leader in premium cannabis production, today announced it has closed a sale-leaseback agreement with Innovative Industrial Properties (NYSE:IIPR) worth an estimated value of US$9.6 million (of its Cheyenne Ave., Las Vegas, Nevada production facility. >> Learn more


Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF) a leading vertically integrated cannabis operator in the United States, today announced it has signed a definitive agreement to acquire GR Companies, Inc. the largest private vertically-integrated multistate operator, in a cash and stock deal valued at approximately $875 million. >> Learn more



Glance Technologies Inc. (CSE:GET) (OTCQB:GLNNF) (FKT:GJT) is pleased to announce that we have entered into a mutual referral agreement with Squirrel Systems, a leading North American point of sale provider to the restaurant and hospitality industry. >> Learn more


TerrAscend Corp. (CSE: TER) (OTCQX: TRSSF) is pleased to announce that it has finalized the previously announced US$75 million credit facility with certain funds managed by JW Asset Management LLC, where Jason Wild, Chairman of the Board of TerrAscend, is the President and Chief Investment Officer. >>Learn more


TerrAscend Corp. (CSE:TER;OTCQX:TRSSF) has completed its previously announced upsized nonbrokered private placement (the “Private Placement”) with orders totaling approximately $69 million. >> Learn more


July 18


Sunniva Inc. (CSE:SNN) (OTCQB:SNNVF), a North American provider of cannabis products and services, announced that it has received a non-refundable payment of deposit in the amount of CAD $1,000,000 under the share purchase agreement dated June 11, 2019, pursuant to which Sunniva has agreed to sell Sunniva Medical Inc. to CannaPharmaRx, Inc. The closing of the transaction is now anticipated to occur in August.  >> Learn more


Bunker Hill Mining Corporation (CSE:BNKR) wishes to provide an update on the Company’s June 24, 2019 news release announcing a non-brokered private placement of units of the Company at $0.05 per Unit for gross proceeds of C$1,500,000 subject to the Company’s option to offer additional 4,665,800 Units, making the total maximum number of Units issuable under the Unit Offering 34,665,800.  >>Learn more



July 19


Premier Health Group Inc. (CSE: PHGI, OTCQB: PHGRF, Frankfurt: 6PH) a Company focused on developing innovative approaches that combine human skill-based expertise with emerging technologies for the healthcare industry, is pleased to announce that it has closed the acquisition of two Metro Vancouver based pharmacies. The Pharmacies were cash flow positive and had a combined annual revenue of approximately $6 million for the fiscal year ended August 31, 2018.  >> Learn more


Blue Lagoon Resources Inc. (CSE:BLLG) (announces that it has executed on its right to purchase 100% interest in the Golden Wonder property by making its final cash payment and issuing 200,000 shares to the vendor. >> Learn more


HyperBlock Inc. (CSE: HYPR) confirmed today that the first batch of a US $1.1M shipment of Bitmain’s new 7nm Bitcoin mining servers has arrived on North American shores. HyperBlock expects to fully deploy the new servers this month, boosting its Bitcoin computational power and better positioning the Company for future growth and improved profitability. >> Learn more


The Overall


The CSE opened at 611.48 on Monday and continued on a downward trend before rising dramatically on Wednesday and up to its peak of 622.80 on Thursday. The rest of the week trended downward, landing at 608.02 on Friday.


Always be closing


After a rough couple of quarters, the Canadian economy is now back in the saddle thanks to a rebound in trade, the stabilization of the housing market, and the return of oil production after earlier mandated cuts. Whether or not momentum can carry into the second half of 2019 will depend on the ability of the global economy to weather any escalation of the U.S.-China trade war. For now, The National Bank of Canada is sticking to its forecast of 1.4% for 2019 GDP growth.

Posted July 22, 2019

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