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A House Republican is pushing for Greenland to become the country’s 51st state as President Donald Trump publicly pushes for the Danish territory to come under U.S. rule.

Rep. Randy Fine, R-Fla., is introducing a bill on Monday aimed at authorizing Trump ‘to take such steps as may be necessary’ to acquire Greenland and set it on the pathway of becoming part of the United States.

‘I think it is in the world’s interest for the United States to exert sovereignty over Greenland,’ Fine told Fox News Digital in an interview. 

‘Congress would still have to choose to make it a state, but this would simply authorize the president to do what he’s doing and say the Congress stands behind him. And then it would expedite it into becoming a state, but it would still be up to Congress about whether to do that.’

Secretary of State Marco Rubio said Wednesday that he would be meeting with officials from Denmark this week to discuss Greenland.

Trump has publicly pushed for the idea of the U.S. buying the Arctic island territory since his first term in the White House.

He and other Republican officials have pointed out its strategic importance, including Greenland’s proximity to Russia and the critical minerals located within its borders.

Fine agreed with those points while also arguing U.S. rule would be better for those living in Greenland as well.

‘Their poverty rate is high. Denmark hasn’t treated them well,’ Fine said. ‘When war came to town, Denmark couldn’t protect them. Guess who protected Greenland during World War II? We did.’

And while a majority of Republicans have conceded they understand Trump’s argument for why owning Greenland would benefit the U.S., GOP lawmakers were somewhat rattled after White House press secretary Karoline Leavitt did not rule out using military force to acquire the island during a recent press conference this month.

Asked if he would support using military force, Fine said, ‘I think the best way to acquire Greenland is voluntarily.’

‘The poverty rate in Greenland is much, much higher than it is in Denmark. The country is run by socialists, and it is not in America’s interests to have a territory that large between the United States and Russia run by socialists,’ Fine said.

The U.S. Constitution grants Congress the power to admit new states into the Union.

It typically requires Congress to pass a bill authorizing the new state after a territory is formed, after which that territory must draft a state constitution approved by people who live there.

Congress must then vote again to admit that new state before it’s made final with the president’s signature.

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The next global energy war won’t just be fought over oil and gas – it will be decided by who can power artificial intelligence first, and the U.S. must win that race, the head of the nation’s largest oil and gas trade group told Fox News Digital.

American Petroleum Institute President Mike Sommers said surging AI-driven electricity demand has made energy infrastructure the decisive front in the next phase of U.S. economic and national security competition, as the Trump administration and Republicans in Congress moved aggressively in 2025 to deliver landmark domestic energy production wins.

Sommers, who will headline the 2026 State of American Energy forum at Washington’s wharf on Tuesday, told Fox News Digital that of the goals set out in API’s two-year plan, ‘we got 90% of it done in 2025,’ – while permitting reform remains unresolved and AI is both a growing energy demand and a tool the industry plans to deploy.

‘The [June 2024 plan] was all about how to reduce inflation and ensure that we have energy security here in the United States. And the Trump administration, along with their allies in Congress, allowed us to get historic victories in 2025.’

‘The Trump administration has done everything they can to get permitting done at the federal level, but there’s only so much they can do without congressional action. So our focus going into 2026 is how do we finally unlock permitting form that both Republicans and Democrats can get behind.’

That remaining frontier, Sommers said, is AI. Sommers said that not only must the U.S. win the battle to power AI the fastest and most efficient but also harness its power in a novel way to in turn increase the effectiveness of energy development itself.

‘We expect that energy demand is going to go up by 50% just in the next 15 years. What that means is, is that we’re really going need every energy source going forward. But primarily what that means is that, we’re going need a lot more natural gas,’ he said, calling it the ‘backbone’ of contemporary electricity and the power grid in the U.S.

The AI race is intertwined with a newly bipartisan push for permitting reform – slashing the red tape preventing major projects from getting off the ground.

Republicans and some top Democrats are onboard, and Sommers said all sides likely understand what’s at stake. At the 2025 meeting of the National Governor’s Association, both Republicans, like Oklahoma’s Kevin Stitt and Democrats, like Pennsylvania’s Josh Shapiro, spoke about the importance of reforming the permitting process to unleash their states’ energy potential.

‘It’s time for both sides to put their swords down and work together because we know that we’re going to need a lot more energy going into the future. And the only way that we are going to be able to get it built in this country is to get a comprehensive permanent bill through Congress that is durable and can survive the pendulum swings of American politics.’

On the AI front, Sommers said a lot of infrastructure must be developed to power the U.S. into the AI age.

‘We have to win the war for AI. But if we don’t win the War for Energy, we’re never going to even be able to get to the war for AI,’ he said.

‘So that’s just on what has to happen for artificial intelligence. There’s another side of this, which is how our industry is going to use AI into the future: What I’m optimistic about is that we’re going to be able to use AI in a way that allows us to find more resources than we can even find today.’

He added that the AI frontier can be the next fracking revolution in the U.S. – as fracking allowed energy companies to capture resources they never thought they could reach.

‘AI has that exact same potential. And I think 10 years from now, we’ll be talking about the incredible impact that AI has had on our ability to find more oil and more natural gas in the United States.’

Sommers said that even with the heightened technology in the energy exploration sector today, up to 80% of oil and gas resources get left underground.

Energy companies are developing ways to harness AI to better explore the subsurface of the Earth – helping them draw out more proverbial bang for their buck on what lies beneath.

‘So there’s kind of a two-pronged message here: One, we have to have permanent reform so that we can build out the infrastructure that’s going to power AI.’

‘And two, AI is really the path of future energy security for the United States,’ Sommers said.

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House Democratic Leader Hakeem Jeffries, D-N.Y., directed some heated remarks at a Trump administration Cabinet official whose department has been dominating headlines in recent weeks.

‘What is clear is that Kristi Noem is completely and totally unqualified. She should have never been confirmed by Senate Republicans,’ Jeffries said of the Department of Homeland Security (DHS) secretary during a Monday press conference. ‘It’s disgraceful that she’s there. She should be run out of town as soon as possible.’

Criticism against Noem, DHS, and Immigrations and Customs Enforcement (ICE) has intensified on the left in the wake of a deadly ICE-involved shooting in Minneapolis last week.

An ICE agent shot and killed a U.S. citizen, 37-year-old Renee Nicole Good, who allegedly presented a threat to ICE agents as they attempted to conduct enforcement operations. Partisan fissures have since erupted over which side was acting improperly when the deadly incident occurred.

‘Kristi Noem, the Department of Homeland Security and ICE, they’re totally out of control. And the American people want these extremists to be reined in,’ Jeffries said on Monday.

He said Good ‘should be alive today’ and accused both Noem and the ICE agent who shot Good of a ‘depraved indifference toward human life.’

Video of last week’s incident appears to show Good’s car making contact with the ICE agent who shot her before he opened fire. Arguments have since raged over whether she was deliberately getting in the way or even weaponizing her car, or whether she was trying to drive away.

Federal officials like Noem have defended the agent as acting in self-defense while accusing Good of trying to actively impede ICE activity in the Democrat-controlled city.

Democrats, including Minneapolis Mayor Jacob Frey and Minnesota Gov. Tim Walz, have accused ICE and Republican officials of stoking fear and tension in the city while demanding the federal government cease current operations there immediately.

Now Democrats in Congress have been threatening to withhold support from funding DHS unless significant reforms are made — a threat Jeffries alluded to during his press conference.

‘What’s in front of us right now is a spending bill that will go either one of two ways. Either Republicans will continue their my-way-or-the-highway approach as it relates to the Homeland Security bill — and if that happens, then it’s going to be on them to figure out a path forward,’ Jeffries began.

‘Alternatively, particularly in the face of the tragedy…there’s some commonsense measures that need to be put in place so that ICE can conduct itself in a manner that is at least consistent with every other law enforcement agency in the United States of America, at the state, local and federal level.’

The deadline to finish federal funding and avert a partial government shutdown is at the end of day on Jan. 30.

Fox News Digital reached out to DHS for a response.

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Former special counsel Jack Smith will testify in a hearing before the House Judiciary Committee next week, giving Republican and Democratic lawmakers on the panel a chance to grill him in a public setting on his prosecutions of President Donald Trump.

Smith will appear before the committee on Jan. 22, one month after he sat for a closed-door deposition with the committee and testified for eight hours about his special counsel work, a source familiar told Fox News Digital.

Smith had long said he wanted to speak to the committee publicly, and although Chairman Jim Jordan, R-Ohio, first demanded the deposition, the chairman also said an open hearing was on the table.

Smith investigated Trump and brought two indictments against him over the 2020 election and alleged retention of classified documents. Trump pleaded not guilty and aggressively fought the charges, and Smith dropped both cases when Trump won the 2024 election, citing a Department of Justice policy that discourages prosecuting sitting presidents.

In a public hearing, House lawmakers will be able to question Smith in five-minute increments, whereas in the deposition, each party questioned Smith in one-hour sessions. Politico first reported that Smith would appear for a hearing sometime this month.

Smith gave little new information during his initial meeting with the committee and defended his work.

‘I made my decisions in the investigation without regard to President Trump’s political association, activities, beliefs, or candidacy in the 2024 presidential election,’ Smith said, according to a transcript of the deposition. ‘We took actions based on what the facts, and the law required, the very lesson I learned early in my career as a prosecutor.’

Smith said he followed DOJ policy when his team made the controversial decision to subpoena numerous Republican senators’ and House members’ phone records as part of his 2020 election probe. Smith noted the subpoenas sought a narrow set of data.

‘If Donald Trump had chosen to call a number of Democratic senators [to delay the election certification proceedings], we would have gotten toll records for Democratic senators. So responsibility for why these records, why we collected them, that’s — that lies with Donald Trump,’ Smith said.

The Republicans have said the subpoenas were unconstitutional violations of the speech or debate clause, and they have broadly said the Biden DOJ abused its authority by bringing, in their view, politicized criminal charges against a former president and presidential candidate.

Trump, who has long decried Smith as a ‘thug’ and said he belongs in jail, has said he welcomes Smith at a public hearing.

Asked about Smith’s appearance next week, a representative for Smith provided a statement from one of his lawyers, Lanny Breuer.

‘Jack has been clear for months he is ready and willing to answer questions in a public hearing about his investigations into President Trump’s alleged unlawful efforts to overturn the 2020 election and his mishandling of classified documents,’ Breuer said.

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A bipartisan group of lawmakers is introducing a bill aimed at restricting any unauthorized military action by President Donald Trump, amid growing debate over his comments about acquiring Greenland ‘one way or the other.’

Rep. Bill Keating, D-Mass., is leading the legislation along with Reps. Steny Hoyer, D-Md., Brendan Boyle, D-Pa., and Don Bacon, R-Neb., according to POLITICO.

‘This is about our fundamental shared goals and our fundamental security, not just in Europe, but in the United States itself,’ Keating said in a statement to the outlet.

The group involved in the effort is soliciting broader support for the legislation and say they hope additional Republicans will back the effort to restrict funding for any unauthorized military action against U.S. allies.

In a letter to colleagues, Keating said ‘this legislation takes a clear stand against such action and further supports NATO allies and partners,’ according to POLITICO.

While the measure does not specifically name any specific countries, it is clearly in response to Trump’s repeated threats against Greenland.

Keating said the decision to omit Greenland’s name was meant to broaden the legislation’s focus. He said he met with the Danish Ambassador and the head of Greenland representation.

‘This isn’t just about Greenland. This is about our security,’ Keating said.

Keating also said he believes slashing funding is the most impactful way to disincentivize Trump administration officials from taking action.

‘War powers are important, but we’ve seen with Democratic and Republican presidents that that’s not as effective,’ he said. ‘It’s hard to get around having no funds or not allowing personnel to do it.’

This comes after the Senate advanced a bipartisan resolution last week that would limit Trump’s ability to conduct further attacks against Venezuela after the U.S. military’s recent move to strike the country and capture its president, Nicolás Maduro. The Upper Chamber could pass the measure later this week, although its future in the House remains uncertain despite some support from Republicans.

On Greenland, administration officials are openly weighing options such as military force to take the Danish territory, a move that would violate NATO’s Article V, which states that an attack on one member is an attack on all of them and could end the alliance of more than 75 years.

‘We are going to do something on Greenland, whether they like it or not,’ Trump said on Friday. ‘Because if we don’t do it, Russia or China will take over Greenland, and we’re not going to have Russia or China as a neighbor.’

Greenland Prime Minister Jens-Frederik Nielsen and four party leaders reaffirmed last week that the self-governing island has no interest in becoming part of the U.S.

‘We don’t want to be Americans, we don’t want to be Danes, we want to be Greenlanders,’ the leaders said, adding that Greenland’s ‘future must be decided by the Greenlandic people.’

Danish Prime Minister Mette Frederiksen, French President Emmanuel Macron, German Chancellor Friedrich Merz, British Prime Minister Keir Starmer, as well as the leaders of Italy, Spain and Poland, also signed a letter stating: ‘Greenland belongs to its people. It is for Denmark and Greenland, and them only, to decide on matters concerning Denmark and Greenland.’

The chance of expanding U.S. control over Greenland has drawn mixed reactions from Congress. While most Democrats have opposed the idea, some Republicans have voiced support for pursuing closer ties with the territory.

Rep. Randy Fine, R-Fla., who introduced legislation to make it the 51st U.S. state, although he said the best way to acquire Greenland is voluntarily.

‘I think it is in the world’s interest for the United States to exert sovereignty over Greenland,’ Fine told Fox News Digital.

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Brixton Metals (TSXV:BBB,OTCQB:BBBXF,FRA:8BX1) is a Canadian mineral exploration company focused on the discovery and development of copper, gold, silver, and critical minerals across North America. Its flagship Thorn Project in British Columbia is a large, district-scale property hosting multiple high-priority porphyry and epithermal targets.

Beyond Thorn, Brixton Metals is advancing non-core assets through strategic partnerships and option agreements with industry leaders including Ivanhoe Electric (NYSE American:IE;TSX:IE) and Eldorado Gold (TSX:ELD,NYSE:EGO). These partner-funded programs preserve capital while retaining upside exposure, strengthening the balance sheet and allowing Brixton to focus on high-impact exploration opportunities with reduced risk.

The Thorn Project is Brixton Metals’ flagship asset, spanning approximately 2,945 square kilometres in northwestern British Columbia along the same mineralized trend as the province’s famed Golden Triangle, one of the world’s most prolific regions for porphyry and epithermal deposits. The district-scale property hosts widespread porphyry-style alteration with copper, gold, silver, and molybdenum mineralization, offering substantial exploration upside. The project is readily accessible via a 45-minute flight from Whitehorse, Yukon.

Company Highlights

  • Flagship Project: Thorn Project in BC, Canada – a fully owned, district scale copper-gold porphyry project on a 2,945 sq km claim block, on trend with BC’s prolific Golden Triangle.
  • Pipeline Projects: Includes Langis Project (Ontario, Canada), Hog Heaven (Montana, USA), Atlin Goldfields (BC, Canada), providing diversified exposure to copper, gold and silver
  • Partnerships: Strategic option agreements with tier-one companies such as Ivanhoe Electric and Eldorado Gold provide technical validation and fund exploration on non-core projects.
  • Shareholder Base: Strategic investors include, but are not limited to BHP (approx. 14.8 percent) and Crescat Capital
  • Management Expertise: Led by co-founder Gary Thompson, the management team has an average tenure of nearly 15 years, showing significant stability.
  • 2026 Outlook: With a recently closed $12.2 million financing, the company is fully funded for a 2026 program that includes a winter drill campaign at the Langis Silver Project (Ontario) to capitalize on record-high silver prices.

This Brixton Metals profile is part of a paid investor education campaign.*

Click here to connect with Brixton Metals (TSXV:BBB) to receive an Investor Presentation

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APA) has issued a Favourable Environmental Impact Declaration, subject to standard regulatory conditions (Declaração de Impacte Ambiental Favorável Condicionada – ‘DIA’) for its 100% owned Borralha Tungsten Project, located in the Municipality of Montalegre in northern Portugal.

The receipt of the DIA is in addition to the Company’s receipt of a formal Letter of Recognition from the idD Portugal Defense, the Portuguese public entity overseeing the nation’s Defense Industry, that acknowledges Allied’s leadership role in re-establishing tungsten production in Portugal. idD Portugal Defense has endorsed Allied’s Borralha Tungsen Product as a strategic initiative of national importance with direct impact on Portugal’s and Europe’s defense supply chains.

This key regulatory milestone clears a major hurdle in the Company’s path toward development and eventual production, strengthening Allied’s ability to advance the Borralha Project – one of Europe’s most significant tungsten assets – within a responsible environmental and social governance framework.

Highlights

  • Favourable Environmental Impact Declaration (DIA) has been formally issued by the Portuguese Environment Agency (the ‘APA’) for the Borralha Tungsten Project, subject to standard regulatory conditions.

  • Major permitting milestone achieved, enabling advancement to the Project of Execution and RECAPE (Environmental Compliance Report of the Execution Project) stage and subsequent licensing phases.

  • Strategic tungsten project within the European Union (EU), aligned with the EU Critical Raw Materials Act, supporting diversification of supply for critical industrial and defense-related applications.

  • Greenlights proposed modern underground mining development, incorporating closed-loop water management, filtered dry-stacked tailings and comprehensive environmental monitoring and mitigation measures.

  • Opportunity to contribute to regional economic development in the Municipality of Montalegre, northern Portugal, through employment, local procurement and long-term investment.

  • The Company is on pace with its project development aiming towards an industrial scale processing plant at Borralha, expected to be completed and in production by the end of 2027.

The DIA confirms the environmental acceptability of the Borralha Project and represents a significant regulatory milestone. The approval allows the Project to advance to the Project of Execution and Environmental Compliance Report stage (RECAPE) and to subsequent licensing phases, in accordance with Portuguese environmental and mining legislation.

Roy Bonnell, CEO and Director of Allied, commented: ‘The issuance of the Environmental Impact Declaration for the Borralha Project represents an important regulatory milestone for Allied. This approval reflects the quality of the technical and environmental work completed to date and allows the Company to advance the Borralha Project into the next stage of permitting and detailed engineering, subject to compliance with the conditions set out by the Portuguese authorities.’

João Barros, President, COO and Director of Allied, commented: ‘The Borralha Project is part of Portugal’s mining history, and this approval creates the conditions for a new chapter based on modern environmental standards, transparency and respect for local communities. The Borralha Project offers an opportunity to address historical environmental legacies while generating skilled employment and economic activity in the interior of the country. The Company is fully committed to working closely and constructively with local communities, the municipality and public authorities throughout all stages of the Borralha Project.’

Project Overview and Strategic Context

The Borralha Project is an underground mining development, targeting the production of tungsten, with by-products copper and tin concentrates. Tungsten is designated as a critical raw material under the European Union Critical Raw Materials Act (Regulation (EU) 2024/1252) and is used in a range of industrial, energy transition and defence-related applications.

The Company considers the Borralha Project to have the potential to contribute to European supply diversification of tungsten and to Portugal’s role in the development of strategic raw material supply chains within the European Union and allied markets.

Environmental Assessment and Project Design

The environmental approval was based on an Environmental Impact Assessment that evaluated the Borralha Project’s potential effects on environmental, social and cultural factors and identified mitigation, monitoring and compensation measures to be implemented during construction, operation and closure.

Key design features assessed as part of the EIA includes:

  • Underground mining with limited surface disturbance;

  • Closed-loop water management systems;

  • Filtered tailings with dry stacking;

  • Environmental monitoring and contingency plans;

  • Rehabilitation of historical mine waste and legacy environmental liabilities; and

  • Protection of water resources, ecosystems and cultural heritage.

The APA concluded that, subject to the implementation of prescribed conditions, the Project may proceed from an environmental perspective.

The APA’s favorable decision represents a significant de-risking milestone for the Borralha Project and reflects the extensive and rigorous work undertaken during the Environmental Impact Assessment process. The EIA was coordinated and led by João Barros, on behalf of the project partners, and delivered through the dedicated efforts of Allied’s technical team, supported by a range of specialized national and international consulting partners with expertise in mining engineering, geology, environmental sciences, ecology, water resources, social impact, cultural heritage and risk assessment. This collective technical effort underpinned the robust assessment framework that ultimately supported the positive environmental decision issued by the APA.

Regional and Socioeconomic Considerations

The Borralha Project is located in the Parish of Salto, including the village of Borralha, within the Municipality of Montalegre. The Borralha Project is expected, subject to further permitting and development decisions, to generate direct and indirect employment, support local and regional suppliers and contribute to economic activity in an interior region of Portugal.

As required under the DIA, the Company will develop and implement social development, community engagement and environmental monitoring programmes during the next phases of project development.

Next Steps

Following receipt of the DIA, the Company intends to:

  • Prepare the Borralha Project of Execution and RECAPE documentation;

  • Advance detailed engineering and technical studies;

  • Undertake additional environmental and social studies required by the approval conditions; and

  • Continue engagement with regulatory authorities and local stakeholders.

There can be no assurance that subsequent permits will be granted or that the Project will proceed to construction or operation.

About Allied Critical Metals Inc.

Allied Critical Metals Inc. (CSE: ACM,OTC:ACMIF) (OTCQB: ACMIF) (FSE: 0VJ0) is a Canadian-based mining company focused on the expansion and revitalization of its 100% owned past producing Borralha Tungsten Project and the Vila Verde Tungsten Project in northern Portugal. Tungsten has been designated a critical metal by the United States and other western countries, as they are aggressively seeking friendly sources of this unique metal. Currently, China, Russia and North Korea represent approximately 87% of the total global supply and reserves. The Tungsten market is estimated to be valued at approximately U.S.$5 to $6 billion, and it is used in a variety of industries such as defense, automotive, manufacturing, electronics, and energy.

ON BEHALF OF THE BOARD OF DIRECTORS
‘Roy Bonnell’

Roy Bonnell
CEO and Director

For further information or investor relations inquiries, please contact:

Dave Burwell
Vice President, Corporate Development
Email: daveb@alliedcritical.com
Tel: 403-410-7907
Toll Free: 1-888-221-0915

Please also visit our website at www.alliedcritical.com.

Also visit us at:

LinkedIn: https://www.linkedin.com/company/allied-critical-metals-inc/
X: https://x.com/@alliedcritical/
Facebook: https://www.facebook.com/alliedcriticalmetals/
Instagram: https://www.instagram.com/alliedcriticalmetals/

The Canadian Stock Exchange does not accept responsibility for the adequacy or accuracy of this release.

Cautionary Statement Regarding Forward-Looking Information

This news release contains ‘forward-looking statements’, including with respect to the use of proceeds. Wherever possible, words such as ‘may’, ‘would’, ‘could’, ‘should’, ‘will’, ‘anticipate’, ‘believe’, ‘plan’, ‘expect’, ‘intend’, ‘estimate’, ‘potential for’ and similar expressions have been used to identify these forward-looking statements. These forward-looking statements reflect the current expectations of the Company’s management for future growth, results of operations, performance and business prospects and opportunities, including the timing for an industrial scale process plant at Borralha, if at all, and involve significant known and unknown risks, uncertainties and assumptions, including, without limitation, those listed in the Company’s Listing Statement and other filings made by the Company with the Canadian securities regulatory authorities (which may be viewed under the Company’s profile at www.sedarplus.ca). Examples of forward-looking statements in this news release include, but are not limited to, statements regarding the proposed timeline and use of proceeds for exploration and development of the Company’s mineral projects as described in the Company’s news releases, and corporate presentations. Should one or more of these risks or uncertainties materialize or should assumptions underlying the forward-looking statements prove incorrect, actual results, performance or achievements may vary materially from those expressed or implied by the forward-looking statements contained in this news release. These factors should be considered carefully, and prospective investors should not place undue reliance on the forward-looking statements. This list is not exhaustive of the factors that may affect any of the Company’s forward-looking statements and reference should also be made to the Company’s most recently filed management’s discussion and analysis, all as filed under its SEDAR+ profile at www.sedarplus.ca for a description of additional risk factors. The Company disclaims any intention or obligation to revise forward-looking statements whether as a result of new information, future developments or otherwise, except as required by law.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/280076

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Syntheia Corp. (CSE: SYAI,OTC:SYAIF) (‘Syntheia’ or the ‘Company’) (Syntheia.ai), a leading provider of conversational AI solutions for inbound telephone call management, is pleased to announce that it has entered into a non-binding letter of intent (the ‘LOI’), dated January 12, 2026, with CX1 Capital Inc. to acquire Wunderlich Group LLC, dba Satcom (collectively, known as ‘Satcom’), and certain of its assets (the ‘Proposed Transaction’). The Proposed Transaction is expected to be structured as a share purchase of Satcom, but is subject to the receipt of tax, corporate and securities law advice by both parties.

Acquisitions Terms:

It is anticipated that Satcom will be acquired for consideration from Syntheia of US$5.5M in a combination of:

  • US$1,450,000 cash payment on closing pro rata to the Satcom shareholders;
  • Promissory notes to be issued pro rata to the shareholders of Satcom in the aggregate amount of US$2,220,000; and

The Company will also pay up to US$4,500,000 in a performance earn-out to Satcom to be satisfied through a combination of additional cash, promissory notes and issuance of common shares.

‘With the CCG acquisition now fully integrated and revenue producing, we are pleased to announce our second proposed acquisition, Satcom,’ commented Tony Di Benedetto, CEO of Syntheia.

The LOI contemplates that the parties will draft, finalize and execute a binding definitive agreement (a ‘Definitive Agreement‘) respecting the Proposed Transaction and the entering into of a Definitive Agreement are subject to mutual due diligence investigations. The Company expects to provide an update respecting the Proposed Transaction, any required shareholder and regulatory approvals, any related financings and the status of the Definitive Agreement in due course.

The common shares of the Company issuable in the Proposed Transaction will be issued subject to applicable securities laws, the policies of the CSE and such escrow, pooling, voluntary stock restriction, earn-out or similar agreements as the parties may agree upon. No finder’s fees are payable by either party in connection with the Proposed Transaction. The Proposed Transaction is subject to a number of conditions, including but not limited to, the parties successfully entering into the Definitive Agreement; the receipt of all necessary approvals, including the approval of the CSE; and certain other closing conditions, including the completion of satisfactory due diligence by both the Company and Satcom.

About Satcom

For more than two decades, SatCom has been a trusted partner in delivering customer engagement solutions. Today, as SatCom CX, we are reinvented — powered by a new leadership team, modern technology, and an expanded global footprint. With operational hubs in San Salvador (El Salvador) and Port of Spain (Trinidad) alongside our U.S. headquarters in Fort Myers, Florida and our Canadian headquarters in Toronto, Canada — we are uniquely positioned to serve clients across the Americas and beyond.

About Syntheia

Syntheia is an artificial intelligence technology company which is developing and commercializing proprietary algorithms to deliver human-like conversations. Syntheia is deploying our technology to call centers to enhance customer satisfaction while dramatically reducing turnover and traditional staffing issues.

For further information, please contact:

Tony Di Benedetto
Chief Executive Officer
Tel: (844) 796-8434

Cautionary Statement

Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this news release.

This news release contains certain ‘forward-looking information’ within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as ‘plan’, ‘expect’, ‘project’, ‘intend’, ‘believe’, ‘anticipate’, ‘estimate’, ‘may’, ‘will’, ‘would’, ‘potential’, ‘proposed’ and other similar words, or statements that certain events or conditions ‘may’ or ‘will’ occur. These statements are only predictions. Forward-looking information is based on the opinions and estimates of management at the date the information is provided and is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. Forward-looking statements in this news release includes, but are not limited to, the synergies derived from the acquisition of BTC. Readers are cautioned that forward‐looking information is not based on historical facts but instead reflects the Company’s management’s expectations, estimates or projections concerning the business of the Company’s future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made.

Although the Company believes that the expectations reflected in such forward‐looking information are reasonable, such information involves risks and uncertainties, and undue reliance should not be placed on such information, as unknown or unpredictable factors could have material adverse effects on future results, performance or achievements. Please refer to the Company’s listing statement available on SEDAR+ for a list of risks and key factors that could cause actual results to differ materially from those projected in the forward‐looking information. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward‐looking information prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected.

Although the Company has attempted to identify important risks, uncertainties and factors which could cause actual results to differ materially, there may be others that cause results not to be as anticipated, estimated or intended. The Company undertakes no obligation to update forward-looking information if circumstances or management’s estimates or opinions should change unless required by law. The reader is cautioned not to place undue reliance on forward-looking information.

The securities of the Company have not been and will not be registered under the United States Securities Act of 1933, as amended and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirement. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/280139

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Questcorp Mining Inc. (CSE: QQQ,OTC:QQCMF) (OTCQB: QQCMF) (FSE: D910) (the ‘Company’ or ‘Questcorp’) along with its partner Riverside Resources Inc. (TSXV: RRI) (OTCQB: RVSDF) (FSE: 5YY0) (‘Riverside’), is pleased to announce a new discovery of potential Carlin-like gold mineralization at the Luis Hill target within the La Union Project in Sonora, Mexico.

Initial drilling in the Luis Hill target returned a 42m @ 0.3 g/t gold drill-width intersection of sediment-hosted gold mineralization in black shales and carbonate strata—a style not previously recognized at the Union Project. This was the only hole drilled into the Luis Hill target during the initial H2 2025 drill program.

Highlights of the Drill Program:

  • Target Reporting: This release reports results from Luis Hill, Famosa, and Famosa Mag targets.
  • New Discovery: Discovery of previously unknown Carlin-like gold mineralization in black shales and carbonate strata at Luis Hill, returning 0.3 g/t gold over 42m. Results to date show sulfides, mineralization types, and intrusions aligned with a carbonate-hosted metal system.
  • Program Scale: Completed 12 core holes totaling >1,600 m across six targets: the past-producing Union, Union Norte, and Famosa Mine, as well as Cobre, Luis Hill, and Famosa EM.
  • Assays Pending: Over 700 half-core samples have been shipped; further assays are pending for Union, Union North and Cobre targets.
  • Strategic Orientation: Holes were oriented at angled and near-vertical positions to cut stratigraphy and structures typical of Carbonate Replacement Deposit (CRD) systems, focusing beneath oxidized horizons generally <150 m in depth.

Questcorp President & CEO, Saf Dhillon stated, ‘We are incredibly pleased with the work from the team at Riverside Resources. This story is starting to evolve quite efficiently, especially considering a first phase of drilling is more of a data gathering process that is utilized primarily to hone future work programs. Hitting a number of gold anomalies in the early stages is very promising as we continue to work towards making a new potential discovery in the rich Sonora Gold Belt. I believe 2026 could be an inflection point for the success and growth of both Questcorp and Riverside!’

Figure 1- Luis Hill cross section with drill hole 9.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10197/280127_3a05f3b904909978_001full.jpg

Target Hole_ID Starting at Length (m) Au_ppm Comments
Luis Hill UND25-009 198.25 42.70 0.286 Shale hosted, silicification, CRD style alteration
   
Famosa Targets
Famosa Mine UND25-004 19.10 14.90 Test CRD mineralization (Manto)
     
UND25-005 39.10 1.85 0.345
UND25-011 11.50 11.85 Test CRD Mineralization (Manto) at Famosa Mine
UND25-012 9.65 17.45
Including 14.90 2.00 0.162
Famosa EM UND25-010 146.40 1.65 0.134 Test EM Geophysics anomaly
 

 

Table 1- Assay results table with gold for Luis Hill hole 9, Famosa Area holes 4, 5, 10, 11, 12.

Riverside CEO, John-Mark Staude, states,

‘Riverside is pleased to be working with Questcorp on the Union Project and these first 6 drill holes, representing half of the program so far is exciting and sets up for the next news release of the next 6 holes of the overall 12-hole program. Hole 9 into the Luis Hill exploration target is an exciting start finding a new western area that has scale and could be a great step for the program. Drilling at Famosa was positive for the structure and further drilling is warranted along strike north and south for over 1 km is wide open for discovery there and past assay results in earlier news releases of high-grade gold and past mining, make the Famosa area a priority as well. We are excited for a good 2026 and next exploration phase at Union.’

Luis Hill Target Detail

Hole 9 was drilled vertically in the southern area of a large, 1,500m by 500m magnetic high Luis Hill target. While Hole 9 did not hit an obvious large magnetic source, however several magnetic dioritic dikes which may be emanating from a deeper, larger magnetic source likely intermediate composition intrusion were intersected. The discovery interval consists of gold in siliceously replaced jasperoid-like dolomite and silica flooded black shale, which is similar to some sediment hosted gold deposits in Nevada (USGS Prof Paper 1267, 1985). The discovery, a new finding for this part of Sonora, is important for both the property and in the region as it shows the potential for previously unknown sediment hosted gold inside of one of the most prolific gold belts in Mexico, the Sonora Gold Belt – also referred to as the Megashear Gold Belt in past scientific studies. Folding and Basin and Range block faulting is expected to bring the mineralized formations closer to surface for 2026 H1 drilling within the magnetic target area. The Companies feel Luis Hill has the potential to become a major new discovery in Mexico.

The discovery interval of 0.3 g/t gold over 42 metres included 23 assay intervals ranging in width from 0.45m to 2m, with assays ranging from 0.005 g/t to 1.31 g/t gold. Fifteen intervals returned gold values in excess of 0.1 g/t, with three in excess of 0.5 g/t.

Sample ID m From m To Interval Au_ppm Sample ID m From m To Interval Au_ppm
RRI-U545 198.25 200.25 2 0.38 RRI-U557 219.5 221.5 2 0.014
RRI-U546 200.25 202.25 2 0.678 RRI-U558 221.5 223.5 2 0.012
RRI-U547 202.25 203.8 1.55 0.393 RRI-U559 223.5 225.5 2 0.187
RRI-U548 203.8 205.8 2 0.007 RRI-U561 225.5 226.9 1.4 0.011
RRI-U549 205.8 207.8 2 -0.005 RRI-U562 226.9 228.3 1.4 0.114
RRI-U550 207.8 209.8 2 0.059 RRI-U563 228.3 228.9 0.6 pending
RRI-U551 209.8 211.8 2 0.012 RRI-U564 228.9 230.9 2 0.158
RRI-U552 211.8 213.8 2 0.849 RRI-U565 230.9 232.9 2 0.724
RRI-U553 213.8 215.5 1.7 0.316 RRI-U566 232.9 234.2 1.3 0.135
RRI-U554 215.8 217.8 2 1.31 RRI-U567 234.2 235.55 1.35 0.083
RRI-U555 217.8 218.9 1.1 0.319 RRI-U568 235.55 236 0.45 0.131
RRI-U556 218.9 219.5 0.6 0.321 All intervals are down hole widths.

 

Table 2- Full Assay Interval for UND25-009 Discovery Intersection.

Figure 2- Cross section Famosa Mine area with 4 holes intersecting mineralized horizon that is the downdip projection from the Famosa mine and remains open for further drilling along strike north-south and further down dip to the west. Note the map shows how drill holes are projected onto a simplified single plane for schematic purposes.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10197/280127_3a05f3b904909978_002full.jpg

Famosa Mine and Famosa EM Target

This release is also reporting results from the 5 holes drilled at the Famosa Mine and the Famosa Electro-Magnetic (‘EM’) target. Drilling at the Famosa mine focussed on extensions of the CRD mineralization, where past mining and the geology and structure indicate a manto horizon. One hole tested the EM Target located 500 m west of the Famosa Mine workings.

Four core holes tested a west-dipping dolomite manto target and adjacent structures in the Famosa Mine Area, where historical small-scale mining left surface dumps. Dump sampling reported highlight gold grades in excess 0.5 oz/t (>15 g/t) gold as detailed in the May 7, 2025, technical report found under Questcorp’s profile on SEDARplus. Holes were drilled at angles toward the east to intersect the target as close to perpendicular as practical and to evaluate continuity of alteration and mineralization with intrusive dikes and breccias noted in the core logging. A drill width intersection of 1.85m @ 0.345 gold, starting at 39m, on the down dip projection from the horizon at the Famosa Mine 70o CRD shaft was recorded in Hole 5.

Hole 10 tested the Famosa EM target, intersecting the favorable dolomitic stratigraphy. The Famosa drilling results will be followed up.

The summary collar and drilling information for all 12 holes and 1625m drilled in Phase 1 is provided in the table below.

Table for Phase 1 Drilling Union Project H2, 2025 All Holes, 1625m total
Hole_lD Easting Northing Elevation Azimuth Dip Total Depth Target
UND25-001 376043 3347225 358.66 131 -50 198.25 Union Mine
UND25-002 375606 3347813 381.37 65 -50 201.30 El Cobre
UND25-003 376048 3347598 378.34 65 -50 25.90 Union Norte
UND25-004 375137 3344629 360.47 110 -70 129.35 Famosa Mine
UND25-005 375146 3344578 362.35 92 -70 104.80 Famosa Mine
UND25-006 376099 3347627 389.13 100 -80 118.45 Union Norte
UND25-007 376199 3347156 355.46 280 -80 166.20 Union Mine
UND25-008 376111 3347136 369.34 125 -80 128.10 Union Mine
UND25-009 375261 3347551 400.64 0 -90 292.80 Luis Hill
UND25-010 374941 3344765 363.95 90 -70 161.60 Famosa EM
UND25-011 375171 3344608 362.45 90 -85 51.00 Famosa Mine
UND25-012 375171 3344608 362.45 90 -90 47.25 Famosa Mine

 

Table 3- Drill collar information with the bolded and italicized holes are in this news release.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10197/280127_3a05f3b904909978_003full.jpg

Figure 3- Map of the location of the Luis Hill and Famosa areas among the other areas that were drilled and results will be coming next from the other target areas when available.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10197/280127_3a05f3b904909978_004full.jpg

Geological Model and Strategy

The H2 2025 Phase I program was designed to test primary areas of historical mining and key magnetic targets. The program followed the geological model of the South 32 Taylor deposit in southern Arizona. Drilling intersected gold, zinc, and silver indications consistent with vectors toward a major discovery.

Furthermore, the sediment-hosted gold style found at Luis Hill is comparable to Nevada’s carbonate platform geology, making it an intriguing new development area for the Union Project.

Sampling Procedures and QA/QC

Core was logged, saw-cut, and half-core samples were shipped for analysis. Samples from the first eight holes were delivered to Bureau Veritas (Hermosillo, Sonora) for gold fire assay, with pulps forwarded to Vancouver, Canada for Inductively Coupled Plasma-Mass Spectrometry (‘ICP-MS’) following four-acid digestion to determine silver, base metals, and pathfinders. Samples from the final four holes were shipped to ACT Labs Zacatecas, where preparation, gold assay, and multi-element ICP are completed in Mexico. The final 4 holes of the program were shipped to ACT Labs where they were similarly assayed using the same processing methods but with their initial preparation and assaying completed in Zacatecas, Mexico using the same ICP and gold fire assay methods. The change in lab halfway through the program was due to assay turn around issues. Samples were maintained in chain of custody being delivered to the laboratory in sealed bags. Remaining half-cores are retained for reference.

Standards were inserted every 20 samples and blanks every 100 samples. The laboratory also did duplicates every 20 samples as additional check on the quality control. The QA/QC was analyzed with a check for any variations in the standards beyond 2 standard deviations and the standards passed.

Next Steps

After all assays are interpreted and released, the Companies will work together on organizing the H1 2026 Phase 2 exploration program, building from the Phase I exploration results. Along with follow-up drilling, Phase 2 will likely include geophysics, geochemistry and mapping. The results announced here are exciting for the western Luis Hill area, which has never seen prior drilling, although small scale mines indicate potential locations. Based on these drill results, a focused follow-up is strongly warranted at Union for this target, as well as other targets.

The Companies are diligently working toward an expanded drill program for H1 2026, as all permits and access are in good standing. With the new data, targets will be ready to explore, with the potential to immediately begin field work portions early this year.

The Company will release the next set of drill results once a QA/QC review is completed.

Qualified Person:

The technical content of the new release has been reviewed and approved by R. Tim Henneberry, P.Geo (British Columbia), a director of the company and a qualified person under National Instrument 43-101.

The Union Agreement

Questcorp currently holds an option to earn a 100% interest in the Union Project with business terms announced May 6, 2025, and align Questcorp and Riverside through Riverside being a share owner initially 9.9% of Questcorp and upon earn-in Riverside will become a 19.9% share owner and retain a 2.5% NSR.

About Questcorp Mining Inc.

Questcorp Mining is engaged in the business of the acquisition and exploration of mineral properties in North America, with the objective of locating and developing economic precious and base metals properties of merit. The company holds an option to acquire an undivided 100-per-cent interest in and to mineral claims totalling 1,168.09 hectares comprising the North Island copper property, on Vancouver Island, B.C., subject to a royalty obligation. The company also holds an option to acquire an undivided 100-per-cent interest in and to mineral claims totalling 2,520.2 hectares comprising the La Union project located in Sonora, Mexico, subject to a royalty obligation.

ON BEHALF OF THE BOARD OF DIRECTORS,

Saf Dhillon
President & CEO

Questcorp Mining Inc.
saf@questcorpmining.ca
Tel. (604-484-3031)

Suite 550, 800 West Pender Street
Vancouver, British Columbia
V6C 2V6.

Certain statements in this news release are forward-looking statements, which reflect the expectations of management regarding completion of survey work at the North Island Copper project. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. Except as required by the securities disclosure laws and regulations applicable to the Company, the Company undertakes no obligation to update these forward-looking statements if management’s beliefs, estimates or opinions, or other factors, should change.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/280127

News Provided by Newsfile via QuoteMedia

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After a year of stop‑start policy signals, the US cannabis market ended 2025 with a new wave of attention as US President Donald Trump moved to accelerate federal cannabis rescheduling efforts.

His December executive order directing the attorney general to complete the process of shifting marijuana from Schedule I to Schedule III has energized the sector. At the same time, companies are reshaping product portfolios around changing consumer behavior, with rapid growth in edibles and rising interest in cannabis‑infused beverages as smoke‑free formats gain traction.

With policy catalysts still unfolding and demand trends evolving, many investors are revisiting the space. For those looking to get exposure, starting with the key US and Canadian names held by major cannabis exchange‑traded funds (ETFs) offers a practical way to focus on the largest, most established public operators.

This list of the biggest publicly traded cannabis companies was put together based on the top-weighted cannabis stocks included in the AdvisorShares Pure US Cannabis ETF (ARCA:MSOS) and the Global X Marijuana Life Sciences Index ETF (TSX: HMMJ) as of January 2, 2026. Share price information for the companies was accurate as of that time.

US cannabis market

Cannabis is federally illegal in the US, but state market openings have allowed some operators to thrive. Typically these firms set up vertically integrated businesses with a focus on branded products, retail networks and licenses.

While these companies have adapted to regulatory challenges, they have much to gain from country-level reform in the US, and are eager to see more welcoming federal laws that will allow their businesses to develop further.

Top cannabis stocks in the AdvisorShares Pure US Cannabis ETF

The AdvisorShares Pure US Cannabis ETF provides exposure to public companies exclusively operating within the US cannabis industry. By investing in companies that are working in states with clear guidelines, MSOS gives investors a way to be more selective about the types of cannabis companies they’re investing in.

1. Trulieve Cannabis (CSE:TRUL,OTCQX:TCNNF)

ETF weight: 24.53 percent
Market cap: C$2.28 billion
Share price: C$11.91

Trulieve is a major player in the cannabis industry, with a strong focus on medical cannabis. The company offers a diverse selection of cannabis products, including flower, pre-rolls, concentrates, edibles, topicals and more.

Vertically integrated, Trulieve Cannabis has over 200 dispensaries across the US. It holds a dominant market share in its home state of Florida, and also has a significant presence in Arizona and Pennsylvania.

2. Curaleaf Holdings (CSE:CURA)

ETF weight: 22.25 percent
Market cap: C$2.76 billion
Share price: C$3.58

Cureleaf Holdings also has a significant presence in the US cannabis market, with 158 dispensaries and several cultivation centers across 17 states. The company is also continuing its expansion into the European cannabis sector, with a July 2025 buyout of its minority partner for full control and a partnership with Australia Natural Therapeutics Group to supply medical cannabis to the UK.

Curaleaf has a wide range of brands covering a variety of cannabis product types, including flower, vapes, edibles and hemp-derived THC beverages.

3. Green Thumb Industries (CSE:GTII,OTCQX:GTBIF)

ETF weight: 20.93 percent
Market cap: C$2.57 billion
Share price: C$11.10

Green Thumb Industries is a multi-state operator (MSO) with headquarters in Chicago, Illinois. The company is involved in the entire process of the industry, from cultivating and producing cannabis products to selling them in its own retail stores across the US.

Green Thumb Industries produces and distributes a portfolio of well-known cannabis brands like Rythm, Beboe, Dogwalkers, Incredibles and Doctor Solomon’s.

The company previously owned the intellectual property for these brands. However, following a 2025 strategic transaction, Green Thumb now manufactures them under a long-term licensing agreement with RYTHM (NASDAQ:RYM), which changed its name from Agrify following the deal.

4. Cresco Labs (CSE:CL,OTCQX:CRLBF)

ETF weight: 7.01 percent
Market cap: C$774.16 million
Share price: C$1.74

Cresco Labs is a vertically integrated multi-state cannabis operator in the US. Founded in 2013, it is known for its strong brands like Cresco, High Supply and Good News.

Cresco Labs controls its supply chain from cultivation to retail, offering a wide range of products. While it has its own stores, it focuses heavily on wholesale, getting its products into dispensaries across the country.

5. Glass House Brands (CBOE:GLAS.A.U,OTC:GLASF)

ETF weight: 6.79 percent
Market cap: C$481.48 million
Share price: C$8.97

Glass House Brands is a vertically integrated cannabis company focused on the California market and founded in 2015. The company emphasizes sustainable, low-cost production. Glass House controls its products’ full supply chain, cultivating cannabis in large facilities such as its flagship 5.5 million square foot site in Southern California.

Following a federal immigration raid in July 2025 that significantly disrupted operations and impacted Q3 revenue, Glass House says it has overhauled its labor model and expects to reach full production capacity in Q1 2026.

Canadian cannabis market

In 2018, Canada became the first G7 nation to legalize adult-use cannabis and create its own streamlined program regulated by both federal and provincial powers. Since then, companies working in the country have faced ups and downs in dealing with tight marketing rules, high tax rates and ongoing competition with the unregulated market.

Top cannabis stocks in the Global X Marijuana Life Sciences Index ETF

The Global X Marijuana Life Sciences Index ETF was the first cannabis ETF available in Canada, and it holds a variety of publicly traded companies involved in cannabis, along with several non-flower companies.

While HMMJ does not invest in US-based multi-state operators, it does have exposure to the US market through Canadian companies that have interests in the US cannabis industry. Overall, HMMJ is designed to give investors broad exposure to the cannabis industry, with a particular focus on North American companies.

1. Jazz Pharmaceuticals (NASDAQ:JAZZ)

ETF weight: 10.75 percent
Market cap: US$8.3 billion
Share price: US$136.90

Jazz Pharmaceuticals is a global biopharmaceutical company focused on developing and commercializing medicines for people with serious diseases, often with limited or no other options. It has a diverse portfolio of products in areas like sleep disorders, cancer and epilepsy.

Jazz Pharmaceuticals’ cannabis business stems from its 2021 acquisition of GW Pharmaceuticals and its epilepsy medicine Epidiolex for a whopping US$7.2 billion.

At the American Epilepsy Society 2025 meeting in December, Jazz presented four abstracts on Epidiolex’s non-seizure outcomes and real-world effectiveness in treating rare forms of epilepsies like Dravet syndrome, Lennox-Gastaut syndrome and tuberous sclerosis complex associated epilepsy.

2. Innovative Industrial Properties (NYSE:IIPR)

ETF weight: 10.06 percent
Market cap: US$1.5 billion
Share price: US$24.56

Innovative Industrial Properties is a real estate investment trust that provides specialized real estate opportunities for cannabis companies in 19 states. Its properties mostly consist of processing plants, greenhouses and warehouses, with retail spaces making up a small percentage of its portfolio.

The firm has provided long-term absolute net lease agreements to some of the cannabis industry’s biggest names, including Green Thumb, TILT Holdings (NEO:TILT,OTCQB:TLLTF), Ascend Wellness (CSE:AAWH.U,OTCQX:AAWH) and Curaleaf. The company’s sale-leaseback program has helped cannabis companies access a source of capital, a much-needed workaround in the US where there are fewer traditional financing options.

3. Cronos Group (NASDAQ:CRON,TSX:CRON)

ETF weight: 9.84 percent
Market cap: US$1.02 billion
Share price: US$2.66

Cronos Group is the Canada-based company behind the Spinach, Peace Naturals and Lord Jones cannabis brands. Founded in 2012, its portfolio spans a wide range of affordable products. In Canada, Cronos’ Spinach brand is in the top three for retail sales in the flower and edible categories.

The company also has a presence in Israel and Germany with its brand Peace Naturals. In late 2023, the company re-entered the German medical cannabis market through its partnership with a German medical cannabis company called Cansativa Group. Cronos serves the Israeli market through its subsidiary Cronos Israel.

4. Tilray Brands (NASDAQ:TLRY)

ETF weight: 9.56 percent
Market cap: US$1.84 billion
Share price: US$1.66

Tilray Brands is a pharmaceutical cannabis company headquartered in New York City, with operations spanning Canada, Australia, New Zealand, Latin America, Germany and Portugal. Established in 2013, it was among Canada’s first licensed cannabis producers and has evolved into a global leader in medical and recreational cannabis products. Some of its cannabis brands include Good Supply, Broken Coast and Soleil.

The company operates through several segments, including cannabis cultivation and distribution, and it also owns multiple craft breweries. In 2023, it acquired eight beverage brands and breweries from Anheuser-Busch for US$85 million, expanding into cannabis-infused beverages alongside traditional craft beer.

Recent highlights include a 1:10 reverse stock split in November 2025 and premium vape launches under its Redecan brand.

5. SNDL (NASDAQ:SNDL)

ETF weight: 9.36 percent
Market cap: US$653.8 million
Share price: US$2.54

SNDL, formerly known as Sundial Growers, is the largest private-sector liquor and cannabis retailer on the Canadian market. It cultivates and sells cannabis products under various brands, including Top Leaf, Palmetto, Versus, No Future and more. It focuses on premium indoor cultivation and have a strong presence in the Canadian market.

SNDL has faced financial challenges in the past, but in Q3, the company’s cannabis business revenue grew year-on-year for the 15th consecutive quarter. The company has continued to make strategic investments in 2025, including a deal to acquire 32 cannabis retail stores in two stages.

FAQs for investing in cannabis

Are cannabis stocks worth investing in?

Each investor will have to think and act for themselves to manage their own risk exposure, but it’s no secret that cannabis stocks have taken a beating for some time now. While financial experts point to the long-term upside of US operators as more state markets expand, the stock market has not been kind to these names lately.

Are cannabis stocks considered a high- or low-risk investment?

Cannabis investments are extremely young in the grand scheme of the investment universe. There is an exciting and refreshing element to these stocks, but the market has always been characterized by volatility and unpredictability.

While wild, spontaneous swings in the open market have become less common, cannabis stocks are often moved — both positively and negatively — by big pieces of market news or legalization updates.

Why do people buy cannabis stocks?

Investors may choose to get exposure to the cannabis market as a way to participate in the development of a new drug market with consumer packaged goods capabilities. Some participants are bullish on the industry’s long-term outlook and expect more welcoming laws in the US and across the world to provide upward momentum.

Securities Disclosure: I, Meagen Seatter, hold no direct investment interest in any company mentioned in this article.

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