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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 expansion, CEO Sebastien St-Louis told analysts. “A few years ago, Hexo set a course to become one o...

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, there's 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 7. The rest of us can then thrill to the videos of the local finalists.

Analysts cast cold water following Aurora's disappointing Q3 results Analysts didn't 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 adjusted EBITDA loss of $24 million, wider than the expected $10 million loss.   MKM Partners Exe...

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