Category: Hemp
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Berz-Erka: Livewell unhalts after 8 months as Eureka 93 (ERKA.C), rolls back 15:1, loses 90% of its value
We talked to the folks behind Livewell a lot, back in the day. Seemed a good deal, certainly a team that talked a good game. Even bought a little personally. But there was always a coda attached. The projections and plans were big. Maybe too big. Here’s me, the first time I covered them. Little…
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Hemptown buys FDA-approved plant with $6 mil/year existing revenue
I once consulted with a veteran CEO (potash, lithium, tech, gold) who told me, “Before I take a company public, I’ve got 60 press releases written in my head”. Since the man had created over $1 billion in enterprise value, I wasn’t going to argue with his roll-out template. His idea: you don’t take a…
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Marijuana update: Where the blood runs hard, look for the guys with swords
“There are times […] when even being right feels wrong. What do you say, for instance, about a generation that has been taught that rain is poison and sex is death? If making love might be fatal and if a cool spring breeze on any summer afternoon can turn a crystal blue lake into a…
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Reading between the lines: Nutritional High’s (EAT.C) misplaced weed, and 1933’s (TGIF.C) respectable loss
Back in mid-2018, when everyone was talking about how MedMen (MMEN.C) was going to be the biggest weed debut ever, one of my guys looked at their listing docs, specifically under the section relating to executive compensation. What they found was egregious; the founders had all the shareholder votes, giant compensation packages, insane retention bonuses,…
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Marijuana Update: Ravenquest (RQB.V), CROP (CROP.C), Lifestyle Delivery Systems (LDS.C), iAnthus (IAN.C), and trust
The ability to trust the people you put your money into is of utmost importance. ‘Management’ is oft cited as one of the pillars of a company’s success, but management in this instance could also be defined as ‘trust’. If I asked to borrow money from you in the street, your ability to trust me…
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Marijuana update: Speakeasy shuffle, Sproutly looming, Canopy CEO sell-off
Was just looking at a bunch of news releases, trying to figure out which to cover when I remembered, ‘didn’t you just use to do all of them?’ Why yes, self, I did. So let’s give ‘er to everyone, just like the old days. NOTHING EASY AT SPEAKEASY (EASY.C) I’ve had several nice discussions with…
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Chemesis (CSI.C) can now grow & process hemp in the USA
If you’ve been a parent of a teenager, you’ve watched in amazement as the gangly youngster grows new limbs overnight. So it is with Chemesis International (CSI.C). “Little Puerto Rico?” asked Chris Parry rhetorically in Equity Guru’s 1st article, “Who cares?” The company – born a year ago – hit puberty while it was still…
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Supreme Cannabis (FIRE.T) is ready to lead the extracts boom ahead of final Health Canada approvals
Supreme Cannabis (FIRE.T) is clearing the final hurdles with Health Canada to make marijuana extracts a reality north of the border, setting the stage for a major production boost in a sub-industry worth billions. In a Tuesday press release, Supreme said it was on track to meet Health Canada’s amended cannabis regulations for edibles, extracts…
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Chemesis (CSI.C) QuickStrip: the Puerto Rico opportunity
Chemesis International (CSI.C) announced today that they have started selling Rapid Dose Therapeutics’ (DOSE.C) QuickStrip oral thin strips across the United States and Puerto Rico. QuickStrips is a sublingual delivery system for THC, CBD and other compounds that sports a low onset time. You pop it under your tongue and it dissolves in seconds, like…
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Emerald Health (EMH.V) director stands down over security clearance issues
Buried in a news release discussing a shares-for-cash payment to an acquisition target, Emerald Health (EMH.V) stated Monday it is losing a board member over Health Canada security clearance concerns. Punit Dhillon is a self-described ‘life science thought leader‘ who likes to give TED Talks and has been involved with several biomedical companies on North…