Page 17 - John Chu News Today

CGC earnings call for the period ending March 31, 2021.

In a move that’s expected to catapult it into top spot among Canadian recreational cannabis producers, Ottawa’s Hexo Corp. has agreed to acquire Toronto-based Redecan for $925 million. Hexo said Friday that it will pay $400 million in cash and $525 million in Hexo shares valued at $7.53 per share. The deal for the southern Ontario company, the country’s largest privately held pot producer, will increase Hexo’s share in the competitive cannabis market and lay the groundwork for global ex...

WMFE Tiny Desk Contest For local musicians and public radio fans, one of the most coveted stages in the country is the "tiny desk" of NPR host Bob Boilen and his NPR music crew. Every year, theres a nationwide open call for musicians to submit a desk-based performance to their local public radio outlet, where a panel of local experts determines the most worthy area entrant to be sent on to the national judging. The Sh-Booms almost took it all one year! Submissions are currently open until June ...

Analysts cast cold water following Auroras disappointing Q3 results Analysts didnt mince words when it came to Aurora Cannabis Inc.s latest quarterly results.   The Edmonton-based cannabis producer reported disappointing third-quarter results​ late Thursday, missing analyst expectations on both the top line and bottom line.   Aurora generated just $55.1 million in revenue – its lowest amount in six quarters – and short of the $68 million analyst expectation. It also posted an a...

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ENCINITAS, CA - Tower 16 Capital Partners has sold Hillside Village Apartments, an 80-unit multifamily project in San Bernardino, for $16.5 million. The property was purchased in January 2019 for $11 million in an off-market transaction. Tower 16 recently sold another Inland Empire property, The District at Grand Terrace, for $88 million. “We made major improvements to the Hillside Village project during our ownership,” said Tower 16 Co-Founder Tyler Pruett. “That allowed us to achieve ou...

Photo by Chris Pizzello-Pool/Getty Images The 2021 Oscars could have been a disaster. Maybe they should have been a disaster. Even at the tail end of the Covid-19 pandemic and its associated quarantines, much of the world remains locked down. Holding an awards show in a Los Angeles train station, even at limited capacity and with socially distanced stars, could have come off as tasteless at best. Yet the awards were actually pretty darn memorable — at least until a last-second upset in a m...

Everything to Know About Lin-Manuel Mirandas In the Heights Movie Who else wants a dance lesson after watching the trailer? �� Apr 26, 2021 �� Lights up on Washington Heights! ��... or rather, on our movie and TV screens. It feels like its been an eternity y’all, but we’re finally getting the first genuine taste of summer courtesy of the highly anticipated movie In the Heights, which is coming to theaters June 11! While there’s still time before you can put on your...

David George-Cosh, BNN Bloomberg 420 sales continue to boost retailer coffers despite muted industry response It turns out a pandemic cant keep Canadians from enjoying 420 after all.    Sales on cannabis unofficial holiday - the origins of which are rooted in an inside joke among a group of Californians in the early 1970s - remained heady despite a wave of lockdown restrictions that forced many Canadians to stay inside and avoid gathering to celebrate.    Several industry data providers pro...

Weve Got Hollywood Covered A Journal of the Weirdest Awards Season Ever, From Streams to Vaccines and Everything in Between TheWrap magazine: The COVID-19 pandemic and the recognition of systemic racism transformed this awards season into a marathon like no other By Steve Pond | April 14, 2021 @ 10:32 AM Last Updated: April 14, 2021 @ 12:54 PM Illustrated by Chris Morris A version of this story first appeared in the Down to the Wire issue of TheWrap’s awards magazine. T...