MariMed has price target chopped at Ventum

Can Tech - Thu, 03/06/2025 - 16:00
Following the release of the company’s fourth quarter results, Ventum Capital Markets analyst Andrew Semple has cut his price target on cannabis player MariMed (MariMed Stock Quote, Chart, News, Analysts, Financials OTCBB:MRMD). On March 5, MRMD reported its Q4 and fiscal 2024 results. In the fourth quarter, the company posted (Non-GAAP) Adjusted EBITDA of $5.9-million […]

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Facit and OBIO reveal first cohort of women founders working on health and cancer innovation with WeSEED

BetaKit - Thu, 03/06/2025 - 15:25

Program aims to help women-led life sciences startups advance healthcare and homegrown IP in Ontario.

The post Facit and OBIO reveal first cohort of women founders working on health and cancer innovation with WeSEED first appeared on BetaKit.

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Healthtech Connex snags $3.7 million from PacifiCan to help measure brain health  

BetaKit - Thu, 03/06/2025 - 15:09

Surrey, BC life sciences firm plans to expand sales in North America, Australia, Europe, and New Zealand.

The post Healthtech Connex snags $3.7 million from PacifiCan to help measure brain health   first appeared on BetaKit.

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Who's going to fill the U.S.-sized hole in climate diplomacy?

Technology news (CBC) - Thu, 03/06/2025 - 14:00

In this week's issue of our environmental newsletter, we get some opinions about which countries will lead on climate now that the U.S. has stepped back, look at a Montreal factory's plans to share its warmth, and check out a taste test of native seaweeds on the East Coast.

Categories: Technology news

Scientists brought to tears by huge loss of U.S. butterflies

Technology news (CBC) - Thu, 03/06/2025 - 14:00

Scientists calculated just how much U.S. butterfly populations have declined in the past 20 years. The results brought some scientists to tears, and have them warning about dire implications for other species – not just in the U.S.

Categories: Technology news

Is DRI Healthcare Trust a buy right now?

Can Tech - Thu, 03/06/2025 - 11:02
Its fourth quarter results are in the books and Raymond James analyst Michael W. Freeman still thinks there is money to be made on DRI Healthcare Trust (DRI Healthcare Trust Stock Quote, Chart, News, Analysts, Financials TSX:DHT.UN). On March 3, DHT reported its Q4 and fiscal 2024 results. In the fourth quarter, the company posted […]

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CareRx wins price target raise at Desjardins

Can Tech - Thu, 03/06/2025 - 10:32
Following the company’s fourth quarter results, Desjardins analyst Gary Ho has raised his price target on CareRx Corp (CareRx Stock Quote, Chart, News, Analysts, Financials TSX:CRRX). On March 5, CRRX reported its Q4 and fiscal 2024 results. In the fourth quarter, the company posted Adjusted EBITDA of $7.6-million on revenue of $92.2-million, up from $91.1-millionin […]

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Ireland is where Canadian tech lands in Europe

BetaKit - Thu, 03/06/2025 - 07:00

With a US trade war now in motion, Ireland is becoming a critical landing spot for Canadian tech companies.

The post Ireland is where Canadian tech lands in Europe first appeared on BetaKit.

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British neobank Revolut reportedly recruiting talent for a return to Canada

BetaKit - Thu, 03/06/2025 - 06:00

Revolut’s first attempt to crack Canada in 2019 never got out of beta.

The post British neobank Revolut reportedly recruiting talent for a return to Canada first appeared on BetaKit.

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The global race for critical minerals is on. Here's why they're the lifeblood of the new tech era

Technology news (CBC) - Thu, 03/06/2025 - 04:00

What does your smartphone have in common with a solar panel, or an EV battery, or a piece of military equipment? They're all made using critical minerals — an essential ingredient in powering the modern technology we use every day.

Categories: Technology news

Canada looking to help develop sensors for 'Golden Dome' missile defence, U.S. general tells conference

Technology news (CBC) - Thu, 03/06/2025 - 04:00

Canada's participation in U.S. President Donald Trump's planned "Golden Dome" missile defence system for North America is limited to research involving the detection of incoming threats, the U.S. commander for NORAD told a defence conference on Wednesday. 

Categories: Technology news

World's biggest iceberg appears to have run aground near remote British island

Technology news (CBC) - Wed, 03/05/2025 - 19:01

The world's largest iceberg appears to have run aground off the coast of a remote British island home to millions of penguins and seals — potentially threatening local wildlife, but also providing an opportunity for research into such rare "megabergs." 

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The ‘buy Canadian’ movement is fuelling growth for TruLOCAL’s food subscription

BetaKit - Wed, 03/05/2025 - 17:58

TruLOCAL says it's a US tariffs beneficiary with 193-percent subscription growth in February.

The post The ‘buy Canadian’ movement is fuelling growth for TruLOCAL’s food subscription first appeared on BetaKit.

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Toronto and Ottawa area companies receive $32 million in AI-focused FedDev funding

BetaKit - Wed, 03/05/2025 - 16:33

Ada, Mission Control, and Loop Financial among supported companies.

The post Toronto and Ottawa area companies receive $32 million in AI-focused FedDev funding first appeared on BetaKit.

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Graham Corporation is a Trump trade, analyst says

Can Tech - Wed, 03/05/2025 - 16:00
Trump admin 2.0 hasn’t exactly been a boon for the stock market, in fact the opposite is true. But one analyst has identified a stock he thinks will benefit from the administration. Beacon Securities analyst Russell Stanley thinks Graham Corporation (Graham Corporation Stock Quote, Chart, News, Analysts, Financials NYSE:GHM) will benefit from Trump’s plans for […]

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Canada will add PFAS, which are linked to cancer and other health problems, to toxic substances list

Technology news (CBC) - Wed, 03/05/2025 - 15:20

The federal government is moving to add PFAS, a class of thousands of chemicals used in a wide range of products from food containers to clothing, to the official list of toxic substances, in light of growing scientific and public concern about the substances in Canada and around the world.

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Winnipeg tech hubs merge to revitalize Manitoba’s startup ecosystem

BetaKit - Wed, 03/05/2025 - 14:03

New organization Manitoba Innovates to offer funding program for early-stage startups.

The post Winnipeg tech hubs merge to revitalize Manitoba’s startup ecosystem first appeared on BetaKit.

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Shopify merchants can now prompt AI to design a store theme

BetaKit - Wed, 03/05/2025 - 12:53

Merchants can generate up to three free personalized themes with a description of their business.

The post Shopify merchants can now prompt AI to design a store theme first appeared on BetaKit.

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Paradigm launches coverage of Cargojet with a “Buy” rating

Can Tech - Wed, 03/05/2025 - 12:16
“Clearer Skies Ahead”. That’s the overall assessment of Cargojet (Cargojet Stock Quote, Chart, News, Analysts, Financials TSX:CJT) from Paradigm Capital analyst Razi Hassan. In a research report to clients March 4, the analyst initiated coverage of CJT with a “Buy” rating and 12-month price target of $150.00, implying a return of 63%, including dividend. “While […]

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Beaten down Propel Holdings is a buy, Ventum says

Can Tech - Wed, 03/05/2025 - 11:05
The stock has taken it on the chin, but Ventum Capital Markets analyst Rob Goff says this is an opportunity for investors to make money on fintech player Propel Holdings (Propel Holdings Stock Quote, Chart, News, Analysts, Financials TSX:PRL). In a research update to clients March 3, Goff reiterated his “Buy” rating and 12-month price […]

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