Friday's small-cap stocks to keep an eye on

Our rundown of Canadian small caps between $ 100 million and $ 2.5 billion of market capitalization is news and moves today.

Mattress dealer Sleep Country Canada Holdings Inc. (ZZZ-T) agreed to buy one of its biggest e-commerce competitors, Endy, up to $ 89 million.

Endy, which was founded in 2015 makes its mattresses in Canada and ships for free throughout the country, is one of over 100 "bed-in-a-box" dealers that sell mainly online, with other competitors such as Casper. These startups posed a significant threat to traditional mattress vendors such as Sleep Country.

The companies announced the agreement on Thursday after the closing of the markets. It is worth $ 64 million in advance cash and up to $ 25 million more by 2021 if Endy achieves growth and profitability goals. Endy has sold more than 80,000 mattresses to date, and is on track to reach $ 50 million in sales this year.

He will operate as a separate business and will maintain his leadership, including co-founding CEO Mike Gettis and Rajen Ruparell, chairman and majority shareholder. Companies have said that doing so will "encourage the same competitive spirit that has positioned both companies as leaders in their respective spaces".

– Josh O & # 39; Kane

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Real estate. Real Estate Investment Trust (APR-A-T) said it plans to purchase ownership of the Brimell Toyota automotive dealership in Scarborough, Ontario. from a third party for about $ 26 million. "In conjunction with REIT's acquisition of ownership, Drive Autogroup will acquire the operation of the Toyota dealership in Brimell and become a REIT tenant," the company said.

"We are looking forward to adding one of the main properties of the Toyota dealership in Toronto to our portfolio and welcoming Drive Autogroup as a new tenant," said Milton Lamb, CEO of Automotive Properties REIT.

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Emerald Health Therapeutics, Inc. (EMH-X) posted a third-quarter profit of $ 321,070 compared to $ 211,316 for the same quarter a year ago. Its net loss was $ 6.3 million or 5 cents per share against a loss of $ 1.9 million or 2 cents a year earlier.

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VIVO Cannabis Inc. (VIVO-X) reported third-quarter sales of $ 2.3 million compared to $ 200,000 a year ago. Its net loss was $ 9.1 million versus a loss of $ 3.7 million a year ago. Adjusted EBITDA was a loss of $ 4.7 million versus a loss of $ 3.7 million a year ago.

"The acquisition of Canna Farms represents a transformation transaction in the evolution of VIVO which led to a record quarter of $ 2.3 million [in] revenue, with $ 4.4 million of pro forma profits for the entire quarter. Not only has this acquisition produced a significant impact on revenue, it has tripled our production capacity, expanded our product range and substantially increased our medical patient base, "said CEO Barry Fishman.

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MedMen Enterprises Inc. (MMEN-CN) reported first-quarter sales of $ 21.5 million, compared to $ 1.8 million a year ago.

Its net loss amounted to 12.5 million US dollars for the quarter ended September 30 compared to a loss of 5 million dollars a year ago.

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Hive Blockchain Technologies Ltd. (HIVE-X) announced an increase in its bitcoin mining capability. Hive has announced the addition of 100 Petahashes (PH) mining capabilities based on ASIC cloud (application-specific integrated circuit) that brings total capacity to 300PH at a cost of 6 million US dollars. The company has declared that the transaction will be paid with 2.5 million US dollars in cash or Ethereum and a further 3.5 million dollars (Canadians) with about 8 million ordinary shares valued at about 55 cents (Canadians) per share, "a significant premium for the current Hive trading price." The stock closed at 32 cents on the TSX Venture Exchange on Thursday.

"The cost for Petahash is significantly reduced compared to previous ASIC implementations and the agreement also includes a six-month option, starting from January 1, 2019, for HIVE adding additional 100PH to the same economic today's announcement, "said the company. "The immediate 100PH's increase ASIC mining by 50% and position the company as one of the biggest miners of publicly listed cryptocurrencies".

The company also recorded income of 6.5 million US dollars in the second quarter and a net loss of 28.3 million dollars or 9 cents per share compared to income of 170.819 US dollars and a loss of 20.3 million dollars or 20 cents a year ago, according to documents filed on Sedar.com. The company said it had started earning income from digital currency mining in mid-September 2017.

"HIVE's second-quarter financial results filing marks the first full year of the company as a publicly traded company that has included numerous positive events but not without challenges.We have raised significant capital, implemented over 24 megawatts of capacity GPU extraction and recently launched 200 petahashes of ASIC mining capability, "said Frank Holmes, Hive's interim executive chairman, in one version.