|Bid||0.1400 x N/A|
|Ask||0.1450 x N/A|
|Day's Range||0.1350 - 0.1450|
|52 Week Range||0.0500 - 2.2300|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Earnings Date||Aug. 19, 2020 - Aug. 26, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||0.15|
TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange:Toronto Stock Exchange (15,262.73, down 9.30 points.)Sun Life Financial Inc. (TSX:SLF). Financials. Down 30 cents, or 0.62 per cent, to $48.09 on 24.6 million shares.Suncor Energy Inc. (TSX:SU). Energy. Down 26 cents, or 1.07 per cent, to $24.02 on 15 million shares. Great-West Lifeco Inc. (TSX:GWO). Financials. Up two cents, or 0.09 per cent, to $22.47 on 13.8 million shares.Zenabis Global Inc. (TSX:ZENA). Health care. Up two cents, or 16 per cent, to 14.5 cents on 12.8 million shares.Air Canada (TSX:AC). Industrials. Down 44 cents, or 2.68 per cent, to $16 on 11.5 million shares.Bombardier Inc. (TSX:BBD.B). Transport. Down four cents, or 7.69 per cent, to 48 cents on 11.2 million shares.Companies in the news:Sienna Senior Living Inc. (TSX:SIA). Down 72 cents or 6.8 per cent to $9.84. Shares in a company at the centre of a nursing home scandal in Ontario fell to new depths on the Toronto Stock Exchange. Shares in Sienna Senior Living Inc. plunged by as much as 8.3 per cent on Thursday to $9.68, a near 10-year low that's almost 50 per cent less than their $19.64 close on Feb. 18. The company is the operator of the Altamont Care Community in Scarborough, Ont., named in a Canadian Armed Forces report this week for inadequate care and feeding of residents due to insufficient staff during the COVID-19 pandemic. The virus is blamed for 52 deaths there.BRP Inc. (TSX:DOO). Down $1.84 or 3.6 per cent to $48.87. BRP Inc. posted a $226.1-million loss in its latest quarter and forecasted a rougher ride ahead for sales as the Ski-Doo and Sea-Doo maker navigates the COVID-19 pandemic. First-quarter sales fell in all regions except the United States as the virus prompted dealerships and plants to shut down. The company expects a 40 per cent revenue decline in the second quarter, propped up only by sustained demand among Americans. Chief executive Jose Boisjoli said "staycations and social distancing" will work to the advantage of the power sports vehicle producer. But he acknowledged that the fallout of an ongoing recession could weigh more heavily on sales, with revenue expected to drop between 10 and 20 per cent in the second half of its financial year.Air Canada — Air Canada has increased the size of a financing deal announced earlier this week to roughly $1.4 billion as it works to bolster its coffers to deal with the pandemic. The company says the shares in the offering have been priced at $16.25 apiece. It plans to issue 30.8 million shares to raise about $500.5 million. The airline will also issue US$650 million in convertible senior unsecured notes due in 2025, up from an initial plan for US$400 million. The convertible notes will have an annual interest rate of four per cent and be convertible into Air Canada shares at a price of approximately US$15.35 per share.Canadian Imperial Bank of Commerce (TSX:CM). Down $1.86 or two per cent to $89.94. CIBC took a nearly $1-billion hit to its second-quarter profit as its provisions for credit losses soared due to the pandemic and the plunge in oil prices. The Toronto-based bank said Thursday that it earned $392 million for the quarter ended April 30, down from a profit of $1.35 billion in the same quarter last year. Chief executive Victor Dodig warned analysts on a call that the conditions that created those decreases are unlikely to abate soon, but said the bank has the resources to cope with such troubles. TD Bank Group (TSX:TD). Down $2.41 or 3.8 per cent to $60.29. TD Bank Group reported its provisions for credit losses soared to nearly $3.22 billion in its second quarter as it booked a profit of nearly $1.52 billion. The bank's provisions for credit losses were up from $633 million in the same quarter last year as the COVID-19 pandemic tore through the economy. TD reported Thursday its profit for the quarter ended April 30 totalled 80 cents per diluted share, down from $3.17 billion or $1.70 per diluted share a year ago. On an adjusted basis, the bank says it earned 85 cents per share in its most recent quarter, down from $1.75 in the same quarter last year.This report by The Canadian Press was first published May 28, 2020.The Canadian Press
VANCOUVER, May 26, 2020 /CNW/ - Zenabis Global Inc. ("Zenabis" or the "Company") announces that, after careful consideration and in accordance with applicable corporate and securities laws and stock exchange rules, it has decided to hold its annual meeting of shareholders at a date in the second half of 2020. The Company is considering an appropriate time and format for its annual meeting of shareholders and will provide further information on its annual meeting of shareholders as soon as it is available. The Company is also relying on the exemption provided in BC Instrument 51-516 – Temporary Exemptions from Certain Requirements to File or Send Securityholder Materials (and similar exemptions provided by the other Canadian securities regulators) to postpone the filing of its executive compensation disclosure required under Section 9.3.1(2.2) of National Instrument 51-102 – Continuous Disclosure Obligations until such time as it is filed and delivered to shareholders as part of the Company's information circular relating to its 2020 annual meeting of shareholders.
VANCOUVER , May 20, 2020 /CNW/ - Zenabis Global Inc. (TSX:ZENA) ("Zenabis" or the "Company") is pleased to announce that it has successfully received EU-GMP approval for its Atholville facility and expects to commence commercial export to the European Union in the third quarter of 2020. In addition, the Company is announcing Health Canada approval of additional growing and processing areas at Zenabis Langley.
Q1 2020 Adjusted EBITDA of $2.3 million compares to an EBITDA loss of $10.4 million in the prior quarter Q1 2020 net cannabis revenue increased 18% to $12.6 million from $10.6 million in Q4 2019 Q1 2020 ...
VANCOUVER, April 30, 2020 /CNW/ - Zenabis Global Inc. (TSX:ZENA) ("Zenabis" or the "Company") today provided a corporate update on its recent activities and the impact of COVID-19 on the market and operations. With respect to COVID-19, we are very pleased that to date there have been no COVID-19 cases in any of the Company's locations and that Company operations have thus far been unaffected.
VANCOUVER , Feb. 19, 2020 /CNW/ - Zenabis Global Inc. (TSX:ZENA) ("Zenabis" or the "Company") today announced details of its cannabis derivative product ("Cannabis 2.0") strategy and execution, including entering into an agreement with a Canadian beverage manufacturer to produce a range of cannabis-infused beverages. In December 2019 , Zenabis signed a definitive agreement (the "Agreement") with HYTN Beverages Inc. ("HYTN") to produce a range of cannabis-infused beverages at Zenabis Stellarton. The initial launch of cannabis-infused sparkling water beverages under the HYTN brand are listed with all Zenabis' Provincial counterparties, with strong indicative demand.
VANCOUVER , Feb. 5, 2020 /CNW/ - Zenabis Global Inc. ( TSX: ZENA ) (" Zenabis " or the " Company ") is pleased to provide an update on its recent facility construction and licensing ...
VANCOUVER , Jan. 16, 2020 /CNW/ - Zenabis Global Inc. (TSX:ZENA) ("Zenabis" or the "Company") is pleased to announce that the holders (the "Noteholders") of the subordinated secured convertible notes of the Company (the "Convertible Notes") have agreed to convert, at a conversion price of $0.155 per common share of the Company (each, a "Common Share"), an aggregate $6,040,176 of the principal amount of the Convertible Notes (the "Immediate Conversion"). An aggregate of 38,968,874 Common Shares will be issued to the Noteholders pursuant to the Immediate Conversion.
Zenabis Global (TSX: ZENA) (OTCQB:ZBISF) has appointed Eric Rasmussen as chief financial officer. Rasmussen replaces Mike Smyth, who is retiring. Rasmussen has vast senior management experience in publicly-listed companies, both in North America and Europe, according to a company statement. Rasmussen has experience in corporate and operations finance, internal audit, M&A, and strategic investment. More recently, he […]The post Zenabis Global Appoints New CFO appeared first on Market Exclusive.
VANCOUVER, Jan. 2, 2020 /CNW/ - Zenabis Global Inc. (TSX:ZENA) ("Zenabis" or the "Company") today announced the appointment of Eric Rasmussen as Chief Financial Officer ("CFO"), replacing Mike Smyth, who is retiring. Mr. Rasmussen joins Zenabis with extensive senior management experience in publicly-listed companies, both in North America and Europe. More recently, Mr. Rasmussen has been a strategic consultant for Canadian large- and mid-size clients, advising on corporate strategic and financial planning, post-merger integration and business process optimization.
Health Canada has issued a recall of incorrectly labelled cannabis gel capsules manufactured by New Brunswick-based producer Zenabis Global.
VANCOUVER, Dec. 16, 2019 /CNW/ - Zenabis Global Inc. (TSX:ZENA) ("Zenabis" or the "Company") is pleased to announce the receipt of the license amendment for Zenabis Langley Part 2A, representing an additional 39,400 kg of licensed annual cultivation capacity. Zenabis has reached substantial completion on Zenabis Langley Part 2B (14,800 kg of annual cultivation capacity) and intends to submit a license amendment for this phase before the end of 2019.
VANCOUVER, Dec. 11, 2019 /CNW/ - Zenabis Global Inc. (TSX: ZENA) ("Zenabis" or the "Company") announced today the appointment of Kevin Coft as interim Chief Executive Officer ("CEO"), effective immediately. Mr. Coft will replace Andrew Grieve as CEO, whose contract was set to expire shortly. While Mr. Grieve will be returning to his investment business, he has agreed to continue to provide Zenabis with his knowledge, expertise and guidance as a continuing member of Zenabis' board.
VANCOUVER, Dec. 9, 2019 /CNW/ - Zenabis Global Inc (TSX: ZENA) ("Zenabis" or the "Company") is pleased to announce that, further to its press release dated November 28, 2019 with respect to the completion of the Company's rights offering (the "Rights Offering") on November 27, 2019 (the "Closing Date"), the Company has issued 139,086,624 common shares of the Company ("Common Shares") at a price of $0.15 per Common Share for gross proceeds of $20,862,993.60. As of the Closing Date and after taking into account the Rights Offering, the Company has a total of 347,716,561 Common Shares issued and outstanding.
VANCOUVER , Dec. 4, 2019 /CNW/ - Zenabis Global Inc. ( TSX:ZENA ) (" Zenabis " or the " Company ") is pleased to provide an update on its recent facility construction and licensing ...
VANCOUVER , Nov. 28, 2019 /CNW/ - Zenabis Global Inc. (TSX:ZENA) ("Zenabis" or the "Company") is pleased to announce that it has closed its previously announced rights offering (the "Rights Offering"), which expired at 5:00 p.m. (EST) on November 27, 2019 . The Rights Offering was over-subscribed and will result in the issuance of the maximum of 139,086,624 common shares of the Company ("Common Shares") at a price of $0.15 per Common Share for gross proceeds of approximately $20.8 million . Zenabis is working with its transfer agent to calculate the amounts exercised under the basic subscription privilege and the additional subscription privilege in connection with the Rights Offering and will provide further details, including information required by National Instrument 45-106 – Prospectus Exemptions, once available.
VANCOUVER , Nov. 21, 2019 /CNW/ - Zenabis Global Inc. (TSX:ZENA) ("Zenabis" or the "Company") today announced the appointment of Vincent Quan as the newest member of its Board of Directors, effective November 21, 2019 . Working previously for Farm Credit Canada, Canada's largest agriculture lender, he oversaw a team of lending professionals across British Columbia managing a portfolio in excess of $1 billion . In conjunction with joining the Board of Directors of Zenabis, Mr. Quan has committed to exercise 258,000 rights under the current rights offering.
VANCOUVER , Nov. 14, 2019 /CNW/ - Zenabis Global Inc. (TSX:ZENA) (" Zenabis " or the " Company ") today announced its financial results for the third quarter ended September 30, 2019 ...
VANCOUVER, Oct. 28, 2019 /CNW/ - Zenabis Global Inc. (TSX:ZENA.TO - News) ("Zenabis" or the "Company") announces that it will hold an investor conference call in listen-only mode on Tuesday October 29, 2019 at 1:30 p.m. (PDT) to discuss the recently announced offering of rights to holders of Zenabis common shares. During the call, Zenabis' Chief Executive Officer (Andrew Grieve), Chief Financial Officer (Mike Smyth), Chief Growing Officer (Leo Benne) and Chief Revenue Officer (David Lluncor) will discuss the recently announced offering of rights to holders of Zenabis common shares. Zenabis is further buttressing its cash position through a $20.8 million Rights Offering to existing shareholders.
Flower One Holdings (CSE: FONE) (OTCQX: FLOOF) has announced that its brand partner has become the top-performing cannabis flower brand in Nevada. According to Headset, a cannabis industry analytics services provider, Old Pal is now the top-performing cannabis flower brand in Nevada. Flower One is licensed to produce and distribute the entire Old Pal product line. MYM […]The post Cannabis Stock News Weekend Roundup October 27 appeared first on Market Exclusive.