TORONTO: Media Central Corporation, a publicly held holding company of media assets that trades on the Canadian Securities Exchange, has appointed Greg Messinger to the company’s Advisory Board. Mr. Messinger has a 15-year track record of leading significant growth initiatives at media and technology organizations across three continents. He has a proven history of creating…
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Green Thumb acquire vertically integrated cannabis business in Rhode Island
VANCOUVER, BRITISH COLUMBIA: Green Thumb Industries Inc., a leading national cannabis consumer packaged goods company, has closed on the acquisition of Mobley Pain Management and Wellness Center (DE), LLC and Canwell Processing (Rhode Island), LLC, which both held contractual interests in Summit Medical Compassion Center, Inc., a non-profit corporation with vertically integrated cannabis operations in…
Nabati Foods patents new plant-based liquid egg
VANCOUVER, B.C.: Nabati Foods Global Inc. has patented its new plant-based liquid egg product, Nabati Plant Eggz, in Canada, the United States, and Australia, and is in the process of filing in Europe, and China as well. The healthy, liquid egg alternative is made from lupin and pea protein to mimic the consistency and texture…
IMC Holdings acquires medical cannabis network for $4.6mn
TORONTO, CANADA: IMC Holdings Ltd. has acquired the outstanding ordinary shares of R.A. Yarok Pharm Ltd., Rosen High Way Ltd. and High Way Shinua. Ltd. accelerating IMC’s execution of its vertical integration strategy within the Israeli retail market. On July 28, 2021, IMC Holdings concurrently executed definitive share purchase agreements to acquire all of the…
Blackwood Partners and Nicola Wealth acquire another industrial land
TORONTO, ONTARIO: Blackwood Partners and Nicola Wealth Real Estate (NWRE) acquired a 34-acre industrial development site located in Grimsby, southwest of Toronto. The acquisition, which closed July 26, 2021, marks the second co-venture deal by the partnership since Nicola Wealth acquired Blackwood Partners in late 2020. “This property is well-positioned with prominent frontage and exposure…
Nokia and EDC partner to advance Canada’s 5G contributions
OTTAWA: Nokia and Export Development Canada (EDC) today announced an expanded global partnership aimed at investments in 5G and the next generation network infrastructure for global deployment. EDC, a Crown corporation dedicated to helping Canadian companies of all sizes succeed on the world stage, will deploy a full suite of finance and insurance solutions to…
CCL Industries buys Plum Paper LLC for $26 million
TORONTO: CCL Industries Inc. has acquired Plum Paper LLC, a privately owned, direct-to-consumer ecommerce business based in Oceanside, California. Founded in 2014, Plum Paper is a leading supplier of personalized planners, journals and related stickers. Sales for 2021 are forecasted to be approximately $11.5 million with an estimated 44% EBITDA margin. The debt free, all…
Brookfield Infrastructure sells North American District Energy Business for $4.1 Billion
BROOKFIELD: Brookfield Infrastructure has completed the sale of 100% of its North American district energy business, Enwave. The business has been divested through two separate transactions for total consideration of $4.1 billion on an enterprise value basis. Enwave’s Canadian business was acquired by Ontario Teachers’ Pension Plan Board and IFM Investors on June 7, 2021,…
Armada Mercantile appoints Victor Cohen as CEO
VANCOUVER, B.C: Armada Mercantile Ltd. announced the appointment of Victor Cohen as Chief Executive Officer. Victor Cohen is a seasoned financier with excellent skills in evaluating business opportunities, risk, efficiency and profit potential. Mr. Cohen is a founder, funder and managing director who oversees a group of established finance companies such as Hardmoneymobile.com, a leader…
Cruz Cobalt acquires drill ready solar lithium project in Nevada
VANCOUVER, B.C: Cruz Cobalt Corp. has entered into a share purchase agreement to acquire a drill ready lithium project in Nevada consisting of 155 contiguous claims totaling 3,100 acres prospective for lithium. Cruz management plans to immediately apply for a drill permit and expects to be drilling this project as soon as possible. Nevada is…
PlantX adds vegan wines to its U.S. e-commerce platform
VANCOUVER, BRITISH COLUMBIA: PlantX Life Inc. announced the addition of vegan wine to its expanding product selection on its U.S. e-commerce platform. The Company will be enhancing its product offerings by adding a curated selection of high-quality vegan wines by brands such as Rare Earth, Veuve Clicquot, Pino Cellars and Gravel Bar Winery. The new…
BacTech seeks engineering consultant for independent feasibility study
TORONTO, CANADA: BacTech Environmental Corporation is now evaluating potential engineering companies to conduct an independent Feasibility Study (FS) for the company’s Ponce Enriquez Bioleaching Project. The FS will consider sample collection and final test work results to produce detailed plans and estimates that encompass plant design, constructability, and scheduling. The study will be used to…