
Harvest Announces Harvest Apple Enhanced High Income Shares ETF listing on the TSX
'Harvest is pleased to add this new offering to expand our suite of single-stock ETFs,' said Michael Kovacs, President and CEO of Harvest. 'The Harvest suite of single stock ETFs encompass widely held companies, and through our underlying covered call option strategies, can deliver high levels of monthly income for investors. For over 15 years, Harvest has been committed to bringing innovative growth and high-income investment opportunities to the Canadian market.'
Distribution Announcement
APLE will pay a variable monthly distribution and the first monthly distribution of $0.12 per Class A Unit will be paid on or about August 8, 2025 to unitholders of record on July 31, 2025 with an ex-dividend date of July 31, 2025.
Investment Objective
APLE will seek to provide Unitholders with (i) long-term capital appreciation by investing, directly or indirectly, on a levered basis, in the common stock of Apple Inc. ('Apple') and (ii) high monthly cash distributions.
For additional information: Please visit www.harvestportfolios.com, e-mail info@harvestetfs.com or call toll free 1-866-998-8298.
Harvest ETFs invites you to subscribe to our monthly commentary newsletter. By subscribing through the following link, you will receive timely insights, analyses and perspectives directly to your inbox: https://harvestportfolios.com/subscribe
Investment Dealers can access and download certain regulatory documents relating to APLE such as the ETF Facts and prospectus via the Harvest website at www.harvestetfs.com.
Founded in 2009, Harvest is an independent Canadian Investment Fund Manager managing $6.7 billion in assets for Canadian Investors. At Harvest ETFs, we believe that investors can build and preserve wealth through the long-term ownership of high-quality businesses. This fundamental philosophy is at the core of our investment approach across our range of ETFs. Our core offerings centre around covered call strategies, available in many variations: Equity, Enhanced, Fixed Income, Multi Asset, Specialty, Digital Assets and Single Stock ETFs.
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You will usually pay brokerage fees to your dealer if you purchase or sell shares of the investment fund on the TSX. If the shares are purchased or sold on the TSX, investors may pay more than the current net asset value when buying shares of the investment fund and may receive less than the current net asset value when selling them. There are ongoing fees and expenses associated with owning shares of an investment fund. Investment funds are not guaranteed, their values change frequently and past performance may not be repeated. An investment fund must prepare disclosure documents that contain key information about the investment fund. You can find more detailed information about the investment fund in these documents.
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Los Angeles Times
37 minutes ago
- Los Angeles Times
ICE raid at major pot operation clouds picture for legal cannabis in California
Camarillo — Ever since federal immigration agents raided one of the largest licensed cannabis operators in the state this month, the phones of cannabis industry insiders have been blazing with messages of fear, sadness and confusion. 'It sent shock waves through the community,' said Hirsh Jain, the founder of Ananda Strategy, which advises cannabis businesses. 'Everyone is on text threads.' Glass House Brands, whose cannabis operations have helped make Santa Barbara and Ventura counties the new cannabis capitals of California, has long been among the most prominent companies in the state's wild frontier of legal cannabis. Some call it the 'Walmart of Weed' for its streamlined, low-cost production methods, its gargantuan market share and its phalanx of wealthy investors and powerful lobbyists. But federal immigration agents stormed onto company property in Camarillo and Carpinteria on July 10 in a cloud of tear gas, as if they were busting a criminal enterprise. Agents in masks and riot gear marched for hours through the company's vast greenhouses as workers fled and hid in panic. One worker, Jaime Alanís Garcia, died after he fell three stories while trying to evade capture. For Glass House, the aftermath has been devastating. Its stock, which is traded on the Canadian stock exchange, dropped from more than $7.75 a share the day before the raid to $5.27 on Thursday. Some workers disappeared into Immigration and Customs Enforcement detention or bolted, too fearful to return. Others were so traumatized that Glass House brought in grief counselors, according to a source close to the company. Across the wider world of legal California cannabis — where many growers and entrepreneurs have hoped the Trump administration would legalize the drug — people were also shaken. Did the action against Glass House signal an end to federal law enforcement's ceasefire against legal cannabis in California and dozens of other states? And what did it mean for Glass House itself, among the largest cannabis companies in the world? How could this slick corporate entity, founded by an ex-cop and special education teacher and a former tech entrepreneur, be in a position in which federal agents claimed to have apprehended more than a dozen undocumented minors on site? 'This could not come at a worse time,' said Jain, the cannabis consultant, adding that the images and rhetoric that have whipped across social media in the wake of the raid 'impedes our ability to legitimize this industry in the eyes of California and the American public.' He added that 'a failure to legitimize a legal cannabis industry enables the proliferation of an illicit industry that is not accountable and engages in far more nefarious practices.' Working conditions in the cannabis industry are notoriously grim, as documented in a 2022 Times investigation that revealed workers who had their wages stolen, were forced to live in squalid and dangerous conditions and sometimes even died on the job. Glass House had no such reports of injuries or deaths before the raid and has long touted its working conditions. A source close to the company said it pays workers more than minimum wage, and internet job postings reflect that. Still, as with almost all farmwork in California, some of those who labored there were undocumented. The company employs some people directly and relies on farm labor contractors to supply the rest of its workforce. A source close to the company said labor contractors certify that the workers satisfy all laws and regulations, including being 21 or older as required to work in cannabis in California. In the days after the raid, federal officials announced they had detained 361 people, including 14 minors, who by California law cannot work in cannabis. It wasn't clear how many of those detained were undocumented or how many were even working at the operation or were just nearby. At least two American citizens were caught up in the dragnet — a security guard headed to work at Glass House and a philosophy professor at Cal State Channel Islands who was protesting the raid. Homeland Security Secretary Kristi Noem said this month that Glass House had been targeted because 'we knew, specifically from casework we had built for weeks and weeks and weeks, that there was children there that could be trafficked, being exploited, that there was individuals there involved in criminal activity.' Glass House officials declined to comment for this article, but in an earlier statement on X, the company said that it had never employed minors and that it followed all applicable employment laws. A source close to the company said the search warrant federal officials presented to Glass House the day of the raid alleged it was suspected of harboring and unlawfully employing undocumented immigrants — but did not mention child labor. In the last few years, the company — along with labor contractors — was named in lawsuits by workers alleging they had been sexually harassed, suffered discrimination, and been shorted overtime pay and required meal and rest breaks. One worker at Glass House — who asked not to be identified because he is undocumented and hid from immigration agents during the raid before escaping — said he was employed to work in Glass House's cannabis operation through one of its labor contractors and valued the job because it is year round, not seasonal like many agricultural jobs. But he complained that the contractor had repeatedly paid him late, forcing him to borrow money to make his rent. He also said supervisors put intense pressure on employees to work faster, screaming expletives at workers, refusing to allow breaks, or yelling at them to eat quickly and return to work before their rest periods were done. A source close to the company said the complaints involved people employed by labor contractors, regarding actions by those contractors and not Glass House directly. Many of the suits are pending, with Glass House named as a co-defendant. Company officials declined to comment publicly. A source close to the company said Glass House takes seriously its responsibilities under California labor law and is committed to ensuring that all labor practices within its operations meet the highest standards. The source added that the raid has shaken a company that has always tried to operate by the book and that, despite its exponential growth in recent years, has sought to maintain a close-knit feel. 'It's very sad,' the source said. In the wake of the raids at Glass House, the United Farm Workers union issued a bulletin in English and Spanish warning anyone who is not a U.S. citizen to 'avoid working in the cannabis industry, even at state-licensed operations.' The union noted that 'because cannabis remains criminalized under federal law, any contact with federal agencies could have serious consequences even for people with legal status.' TODEC Legal Center, a Coachella Valley-based group that supports immigrants and farmworkers, issued a similar message. TODEC warned noncitizens to avoid working in the marijuana industry and avoid discussing any marijuana use or possession — even if it is legal in California — with federal agents, because it could hurt their status. About half the farmworkers in California are undocumented, according to UC Merced researchers. Cannabis industry experts said it is too soon to know whether the raid on Glass House will affect the larger cannabis workforce — or whether more licensed cannabis operations will be raided. 'My best guest would be that this is going to be happening to a lot more cultivation farms,' said Meilad Rafiei, chief executive of the cannabis consulting group We Cann. Among the undocumented workers at Glass House on the day of the raids was Alanís, 56, who had been a farmworker in California for three decades. Over the last 10 years, Alanís worked in the Ventura area, first in a flower nursery and then, once Glass House converted the massive greenhouse complex there, in cannabis. On Monday night, his family held an emotional wake for him in Oxnard, where he lived. The Camino del Sol Funeral Home was filled, as many family members held one another tightly and cried. They remembered him as a hardworking, joyful man, who danced at parties and enjoyed every meal he shared with family. State Sen. Monique Limón (D-Goleta), who led the Senate in adjourning in Alanís' memory last week, told the chamber how he had climbed onto the roof of a greenhouse to escape federal officers. From 30 feet up, she said, he called his family to tell them what was happening, and to report 'how scared he was.' 'Jaime's life was dedicated to our lands, our crops, and to providing for his family,' Limón said, adding that he 'had had no criminal record, he was who our country and our state depended on to provide food on all of our tables.' She added that 'his last moments on Earth were filled with terror.'


Business Upturn
5 hours ago
- Business Upturn
Faircourt Asset Management Inc. Announces July Distribution
By GlobeNewswire Published on July 26, 2025, 05:00 IST Toronto, July 25, 2025 (GLOBE NEWSWIRE) — Faircourt Asset Management Inc., as Manager of the Faircourt Fund (CBOE:FGX), is pleased to announce the monthly distribution payable on the Shares of the below listed Fund. Faircourt Funds Trading Symbol Distribution Amount (per share/unit) Ex-Dividend Date Record Date Payable Date Faircourt Gold Income Corp. FGX $0.024 July 31, 2025 July 31, 2025 August 15, 2025 Faircourt Asset Management Inc. is the Investment Advisor for Faircourt Gold Income Corp. This press release is not for distribution in the United States or over United States wire services. For further information on the Faircourt Funds, please visit s or please contact 1-800-831-0304. You will usually pay brokerage fees to your dealer if you purchase or sell Shares of the Fund on the CBOE Canada Exchange or other alternative Canadian trading system (an 'exchange'). If the Shares are purchased or sold on an exchange, investors may pay more than the current net asset value when buying Shares of the Fund and may receive less than the current net asset value when selling them. There are ongoing fees and expenses associated with owning units of an investment fund. An investment fund must prepare disclosure documents that contain key information about the fund. You can find more detailed information about the fund in the public filings available at Investment funds are not guaranteed, their values change frequently and past performance may not be repeated. Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. Ahmedabad Plane Crash GlobeNewswire provides press release distribution services globally, with substantial operations in North America and Europe.
Yahoo
8 hours ago
- Yahoo
Why Nano Nuclear Energy Stock Zoomed Almost 6% Higher Today
Key Points The company has been formally admitted to a key industry grouping in Canada. This positions the American company for future expansion in the neighboring country. 10 stocks we like better than Nano Nuclear Energy › Hardly for the first time in recent weeks and months, shares of next-generation power company Nano Nuclear Energy (NASDAQ: NNE) jumped skyward on Thursday. Investors pushed the shares almost 6% higher in value, on news that it is now part of an important industry association north of our border. That nearly 6% leap crushed the S&P 500 index, which was basically flat that trading session. Energized by Canadian news Before market open, Nano announced that it has become a member of the Canadian Nuclear Association (CNA). That makes the U.S.-based company part of an influential industry grouping in the country, one that has been advocating for the use of nuclear power since 1960. In the press release trumpeting the news, Nano wrote that according to CNA data, nuclear energy effectively avoids 80 million tons of carbon dioxide emissions, serving as a clean alternative to traditional fossil fuel generation methods. Although Canadian citizens have been as critical and wary of nuclear energy as their American counterparts, Nano clearly sees a solid chance for winning business in our neighboring nation, and advancing the technology as it does so. It wrote, "With the introduction of next-generation technologies in the form of small or micro nuclear reactors, like those being developed by NANO Nuclear, there is a significant opportunity for Canada to solidify a leading position in the global nuclear industry." Walking the walk Nano did not provide any estimates for how an increased Canadian presence might affect its fundamentals. However, this feels like a low-impact way to strengthen its presence on the market. The proof will be in the doing, however, so investors should watch how -- and if -- the company's Canadian business develops following its CNA ascension. Should you buy stock in Nano Nuclear Energy right now? Before you buy stock in Nano Nuclear Energy, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Nano Nuclear Energy wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $634,627!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,046,799!* Now, it's worth noting Stock Advisor's total average return is 1,037% — a market-crushing outperformance compared to 182% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 21, 2025 Eric Volkman has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Why Nano Nuclear Energy Stock Zoomed Almost 6% Higher Today was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data