Winnipeg Free Press By: The Canadian Press
TORONTO - Some of the most active companies traded Monday on the Toronto Stock Exchange:
Toronto Stock Exchange (18,330.26, up 194.36 points.)
Zenabis Global Inc. (TSX:ZENA). Health care. Up four cents, or 33.33 per cent, to 16 cents on 35.7 million shares.
Enbridge Inc. (TSX:ENB). Energy. Up 70 cents, or 1.56 per cent, to $45.61 on 31.4 million shares.
NextSource Materials Inc. (TSX:NEXT). Materials. Up 13.5 cents, or 93.1 per cent, to 28 cents on 29.9 million shares.
The Supreme Cannabis Co. Inc. (TSX:FIRE). Health care. Up half a cent, or 1.67 per cent, to 30.5 cents on 17.7 million shares.
The Green Organic Dutchman Holdings (TSX:TGOD). Health care. Up 10.5 cents, or 28.38 per cent, to 47.5 cents on 17 million shares.
Zenabis Global Inc. (TSX:ZENA). Health care. Up four cents, or 33.33 per cent, to 16 cents on 35.7 million shares.
Enbridge Inc. (TSX:ENB). Energy. Up 70 cents, or 1.56 per cent, to $45.61 on 31.4 million shares.
NextSource Materials Inc. (TSX:NEXT). Materials. Up 13.5 cents, or 93.1 per cent, to 28 cents on 29.9 million shares.
The Supreme Cannabis Co. Inc. (TSX:FIRE). Health care. Up half a cent, or 1.67 per cent, to 30.5 cents on 17.7 million shares.
The Green Organic Dutchman Holdings (TSX:TGOD). Health care. Up 10.5 cents, or 28.38 per cent, to 47.5 cents on 17 million shares.
Suncor Energy Inc. (TSX:SU). Energy. Up 42 cents, or 1.9 per cent, to $22.48 on 16.5 million shares.
Selling Canadian coffee shop Second Cup Coffee Co. will give Aegis Brands Inc. a stronger balance sheet to pursue future M&A in the cannabis retail sector, the head of the company said.
Aegis said in a release on Monday that it will sell Second Cup to Quebec-based Foodtastic Inc. for $14 million, plus a post-closing earn-out. There are 231 Second Cup outlets in Canada, according to the company s most recent quarterly report, 31 of which are corporate-owned.
The sale will mark the end of Second Cup s four-decade-long run as one of Canada s biggest independent coffee shop franchises. Second Cup has seen its market share dwindle in recent years amid the emergence of stronger competitors like Starbucks Inc., McDonalds Corp, and Restaurant Brands International Inc. s Tim Hortons.
Quebec-based food franchising business Foodtastic Inc. announced a deal Monday to buy troubled coffee chain Second Cup Coffee Co. and has big plans for the brand, including opening more than 100 new . . .
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