Source: New Found Gold Corp.
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Most market reviews are throwing around the dreaded R-word, “recession” like it’s going out of style. Once again, news headlines indicate that the markets may be steering towards one. It turns out that a combination of trade wars and economic uncertainties don’t instill a lot of investor confidence.

And yet, while the markets in general tossed and turned with every update, a few companies weren’t to be swayed from their steadfast paths of profit (or loss), and they topped our most-viewed Bullboards. Users have been trying to break down which companies have been affected by the markets, which companies are safe and reliable, and which are, unfortunately, simply a lost cause.

Much of the discussion happens on the Bullboards, and our Buzz on the Bullboards articles help you review the companies and topics that are trending in the community. The summer months usually sees light investor discussion, but the Bullboards are alive and well, especially for the hottest sectors in the market: health care, technology, and mining.

In this edition we’re looking at those sectors, and a few companies that made some very big leaps. Did members think that these were temporary strides, or markers of continuous, and hopefully positive momentum?

This week, we focus on companies that haven’t had their fair share of the spotlight, from new chart toppers to new entrants altogether.

A new report released this week titled “Cannabis Legalization: 2021-2022 Observations” found that Fewer people in Canada are using cannabis, but young cannabis consumers are using more during the pandemic. Retail sales have more than doubled.

A top player in the field, Canopy Growth Corp. (TSX: WEEDForum) just reported its financial results for the first quarter ended June 30, 2022.


  • Q1 FY2023 net revenue was flat compared to Q4 fiscal year (FY) 2022
  • Company maintained number one share of combined premium flower and pre-rolled joint (PRJ) segment in Q1 FY2023
  • Increased share of the combined mainstream flower and PRJ segment by 35 basis points to four per cent in Q1 FY2023
  • International medical cannabis net revenue approximately doubled versus Q1 FY2022 driven primarily by strong sales in Israel and Australia
  • Net loss in Q1 FY2023 was $2,088 million, which is a $2,478 million increase in the net loss versus Q1 FY2022, driven primarily by the non-cash $1,725 million impairment in goodwill, and non-cash fair value change

Record BioSteel revenues in Q1 FY2023 increased 169 per cent versus Q1 FY2022. Secured retail agreement with Walmart Stores covering 2,200 stores in 39 states.

Technology stocks have had a solid run of late and COVID accelerated that, but so far this year the market has had a rough run, with concerns about inflation and US rate hikes weighing heavily.

Datametrex AI Ltd. (TSXV:DMForum) has seen its fair share of ups and down, but continues to innovate its business. Through its subsidiary, Datametrex Electric Vehicle Solutions (DM EVS) is introducing the mobile charging cart to commercial spaces in Vancouver.

This technology provides a way to expand EV charging services without the need for complex charger installations.

The mobile charging cart allows for an easy-to-move, mobile and fast-charging solution that can be installed anywhere EV charging is needed, without taking up large spaces in underground parking lots like the traditional EV charging station.

It is a convenient solution for when spaces don’t allow much room for charging facilities or when it’s impossible to build in a large-capacity electric extension, such as in an older building.

The global gold mining market is booming and this is especially true for New Found Gold (TSXV:NFGForum) who is making headway on its property in Newfoundland.

The Vancouver-based junior mineral explorer is releasing results from 17 diamond drill holes on its Queensway Project near Gander, Newfoundland.

Results from the drilling near the Appleton Fault Zone defined an extensive network of mineralized veins.

The new veins cover roughly 630-metre long by 150-metre wide. The veins start at the surface, are generally steeply dipping, and to date, have been drill tested to a maximum vertical depth of 125 metres.

To make sure you stay up-to-date on what’s going on at The Market Herald, a new Buzz on the Bullboards review will come to you every Thursday. Leave a comment telling us what sectors you want to see highlighted next, or what companies you’re interested in hearing about.

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