Is this the end of summer? Some say yes, some say the heat and calendar indicate otherwise … but the upcoming Labour Day long weekend marks the return to school for some, and the return to business for others.
The Bullboards remain a place where users, readers, and potential investors can gather to see what companies the community is discussing. Who is on the way up? Who is on the way down? Who is in the perfect place to buy?
This week, our review looks at some old favourites and new faces as the most-viewed Bullboards charts gets a shake up.
Cannabis sales have slowed down on both sides of the border, but producer HEXO Corp. (TSX:HEXO, Forum) has a move to boost business in its partnership with TYSON 2.0, Mike Tyson’s recently formed cannabis company.
Under the agreement, HEXO will produce TYSON 2.0’s products in Canada, including TYSON 2.0’s full range of flower, pre-rolls, edibles and vapes. The HEXO-produced lines will launch across Canada in fall 2022.
TYSON 2.0 is a premier cannabis company formed with boxer and entrepreneur Mike Tyson.
Charlie Bowman, CEO of HEXO Corp, commented that the exclusive Canadian partnership showcases the company’s boutique cultivation capabilities and product offerings, which enable HEXO to elevate the consumer’s cannabis experience.
“With their broad product range from flower to straight edge pre-rolls to edibles, the TYSON 2.0 brand fits perfectly into HEXO’s market leading portfolio.”
Crude prices have fallen this week on concern an economic slowdown will crimp energy demand. In the face of this movement, Trillion Energy International Inc. (CSE:TCF, Forum) provided an update on the status of the Uranus rig mobilization to the SASB gas field.
The company previously announced the rig was expected to be approved for departure on August 26, after a thorough inspection and permitting process.
However, the rig inspection identified deficiencies with the top drive and ballast tank and as such requiring repairs before departure. These repairs are expected to be completed this week upon which time mobilization is expected to commence.
When the rig arrives, it will be positioned at the Akcakoca offshore production platform. Positioning and jack up of the rig should take a day, weather permitting. Other preparations will take 2 more days before the first well is spud on or about September 1 this year.
CEO Arthur Halleran commented that the team is satisfied with the rig inspection process.
“The repairs and maintenance currently being completed is preventative in nature which ensures the safety of the drilling rig personnel. All workers have the right to work in a safe environment and return home safely after a job. We look forward to the upcoming commencement of our planned drilling program”.
PyroGenesis Canada Inc. (TSXV:PYR, Forum) announced an upcoming audit of its metal powder production facility in Montreal.
The audit will be conducted in September by a tier-one North American global aerospace company as part of an existing qualification agreement.
Once production is determined to be reliable, PyroGenesis will provide final powder samples to test specific mechanical and chemical properties.
When all of these steps are complete, which is expcted by year end, the client will certify the metal powders for use and PyroGenesis’ production process will be ready for commercial orders.
PyroGenesis believes its production process puts it in a position to capture a significant share of the overall titanium powder market. It is currently in discussions to build and operate a metal powder manufacturing facility in Europe to meet expected demand.
CEO and Chair of PyroGenesis, P. Peter Pascali, stated that after many months of document review and process improvements, the company can finally showcase its facility, staff, and unique process to this major international corporation. ” – a legendary company who continues to be a world leader in design, engineering, and manufacturing of airplanes and aerospace technology.”
Next week is a shorter trading week, so it might be a bit quieter. At the same time, the discussions on the Bullboards will be alive and kicking, especially if some companies try to tuck some bad news into a long weekend, so come back next week to find out what the community is talking about.
