Skip to main content
The Globe and Mail
Get full access to globeandmail.com
Support quality journalism
Just $1.99 per week for the first 24 weeks
Just $1.99 per week for the first 24 weeks
The Globe and Mail
Support quality journalism
Get full access to globeandmail.com
Globe and Mail website displayed on various devices
Just$1.99
per week
for the first 24 weeks

var select={root:".js-sub-pencil",control:".js-sub-pencil-control",open:"o-sub-pencil--open",closed:"o-sub-pencil--closed"},dom={},allowExpand=!0;function pencilInit(o){var e=arguments.length>1&&void 0!==arguments[1]&&arguments[1];select.root=o,dom.root=document.querySelector(select.root),dom.root&&(dom.control=document.querySelector(select.control),dom.control.addEventListener("click",onToggleClicked),setPanelState(e),window.addEventListener("scroll",onWindowScroll),dom.root.removeAttribute("hidden"))}function isPanelOpen(){return dom.root.classList.contains(select.open)}function setPanelState(o){dom.root.classList[o?"add":"remove"](select.open),dom.root.classList[o?"remove":"add"](select.closed),dom.control.setAttribute("aria-expanded",o)}function onToggleClicked(){var l=!isPanelOpen();setPanelState(l)}function onWindowScroll(){console.log("scroll");var l=isPanelOpen(),n=0===(document.body.scrollTop||document.documentElement.scrollTop);n||l||!allowExpand?n&&l&&(allowExpand=!0,setPanelState(!1)):(allowExpand=!1,setPanelState(!0))}pencilInit(".js-sub-pencil",!1);

Our roundup of Canadian small-caps of between $100-million and $2.5-billion in market capitalization making news and on the move today.

Lightspeed POS Inc. (LSPD-T) announced the acquisition of Montreal-based Chronogolf, a cloud-based software offering “that facilitates management for golf course operators around the world,” and an existing Lightspeed partner. The price wasn’t disclosed in the release.

Lightspeed also reported total revenue of $21.3-million in the fourth quarter, an increase of 36 per cent from the same quarter last year and ahead of expectations of $20.4-million. Its net loss of $96.1-million or $2.21 per share compared to a net loss of $11.7-million or 40 cents a year ago. Analysts were expecting a loss of $104.9-million.

Story continues below advertisement

**

SLANG Worldwide Inc. (SLNG-C) reported a first-quarter net loss of $16.4-million or 9 cents per share versus a loss of $587,000 or a penny per share for the same quarter last year. Net operating revenue was $4-million up from $29,000 a year earlier.

**

iAnthus Capital Holdings, Inc. (IAN-C) reported revenue of US$9.6-million in the first quarter up from US$225,000 a year earlier and below expectations of US$14.9-million. Its net loss of US$18.3-million or 15 cents versus a loss of US$645,000 or a penny per share a year earlier.

**

Khiron Life Sciences Corp. (KHRN-X) reported a net loss of $8.7-million for the quarter ended March 31 compared to a loss of $2-million a year earlier. Revenues were $2.1-million versus nil the same quarter a year earlier.

**

Story continues below advertisement

Flower One Holdings Inc. (FONE-C) reported first-quarter revenue of $534,172 versus nil the prior year. Net income of $1.7-million for the quarter or a penny per share versus a loss of $470,000 or a penny per share a year ago.

**

Sunniva Inc. (SNN-C) reported revenue of $14.2-million in the first quarter ended March 31 up from $5.2-million a year earlier. Its net loss was $3.4million or 9 cents per share versus s a loss of $6.3-million or 23 cents a year earlier.

**

WeedMD Inc. (WMD-X) recorded revenue of $3.3-million in the quarter ended March 31 up from $1.1-million a year ago. Its net loss was $2.4-million or 2 cents per share versus a loss of $1.3-million or a penny per share a year ago.

**

Story continues below advertisement

1933 Industries Inc. (TGIF-C) announced the appointment of Chris Rebentisch to the role of CEO effective May 29. Brayden Sutton will remain chairman of the board. Steve Radusch has been named chief financial officer, taking over from Ryan Maarschalk.

**

Enthusiast Gaming Holdings Inc. (EGLX-X) announced a combination with J55 Capital Corp. (FIVE-X) and Aquilini GameCo Inc., a private Canadian company, “to form the leading publicly traded esports and gaming media organization in North America.”

The combined company will be renamed “Enthusiast Gaming Holdings Inc" and will trade under the ticker “EGLX” on the TSX Venture Exchange.

Related topics

Report an error Editorial code of conduct
Tickers mentioned in this story
Due to technical reasons, we have temporarily removed commenting from our articles. We hope to have this fixed soon. Thank you for your patience. If you are looking to give feedback on our new site, please send it along to feedback@globeandmail.com. If you want to write a letter to the editor, please forward to letters@globeandmail.com.

Welcome to The Globe and Mail’s comment community. This is a space where subscribers can engage with each other and Globe staff. Non-subscribers can read and sort comments but will not be able to engage with them in any way. Click here to subscribe.

If you would like to write a letter to the editor, please forward it to letters@globeandmail.com. Readers can also interact with The Globe on Facebook and Twitter .

Welcome to The Globe and Mail’s comment community. This is a space where subscribers can engage with each other and Globe staff. Non-subscribers can read and sort comments but will not be able to engage with them in any way. Click here to subscribe.

If you would like to write a letter to the editor, please forward it to letters@globeandmail.com. Readers can also interact with The Globe on Facebook and Twitter .

Welcome to The Globe and Mail’s comment community. This is a space where subscribers can engage with each other and Globe staff.

We aim to create a safe and valuable space for discussion and debate. That means:

  • Treat others as you wish to be treated
  • Criticize ideas, not people
  • Stay on topic
  • Avoid the use of toxic and offensive language
  • Flag bad behaviour

Comments that violate our community guidelines will be removed.

Read our community guidelines here

Discussion loading ...

To view this site properly, enable cookies in your browser. Read our privacy policy to learn more.
How to enable cookies