Category: Hemp
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Hemptown USA raises $23 million and lays out plan for CBG global markets
On May 14, 2019 Hemptown USA announced the completion of $23 million financing, led by Canaccord Genuity. The company is growing 1,500 acres of high-grade “feminized hemp” in Oregon, on the northern tip of the famous weed-growers Emerald Triangle. Feminised hemp comes from genetically altered seeds. Typically, they produce more medically active substances such CBD…
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Shell Game: How Wayland Group (WAYL.C) built a paper empire and the loan that may drag it under
PROLOGUE: Cannabis companies, as we know them in our minds, rarely exist. Oh sure, some have buildings and staff, some grow things and others might even have a license. But even those with big buildouts and massive market caps are, for the most part, a promise of what’s to come, maybe, some time, kinda. But…
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Market extracts pure joy from merger of Quadron (QCC.C) and World Class (PUMP.C)
Like Romeo & Juliet, like Justin & Hailey, like Pete Buttigieg & his adorable husband – Quadron Cannatech (QCC.C) and World Class Extractions (PUMP.C) were destined to be together. On April 16, 2019, the two companies announced that they have entered into an agreement to merge. Quadron’s core business is the design and production of…
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Yield Growth (BOSS.C) enters China’s hemp market
On April 11, 2019 Yield Growth (BOSS.C) engaged Pontier Services to “set up Urban Juve hemp beauty products” for sale through China’s most popular messaging app, WeChat. “Yield Growth has developed a portfolio of cannabis-based “wellness formulas” – under the Urban Juve brand – with a dedicated range of skin and body care formulations.” If…
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Canadian LPs rush to supply Germany’s constrained marijuana market (TGOD.T) (ASNT.T) (CXXI.C) (CROP.C)
Germany’s medical marijuana market is lucrative, and Canadian LPs want in. Thankfully, Germany also wants Canadian companies to show them what’s up. Germany’s Shortage While Germany, the hottest cannabis market in the EU, has legalized medical marijuana, the country is in a nation-wide shortage of cannabis for a number of bureaucratic reasons. As a result, Germany’s…
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The hemp shift: Livewell (LVWL.V), Heritage (CANN.C), Ascent (ASNT.C), Isodiol (ISOL.C) lead the CBD chase
If you want CBD, which is the stuff in cannabis that makes you healthier but that doesn’t get you stoned, hemp has as much of the stuff as commercial cannabis does. But hemp doesn’t attract mind boggling valuations on the public markets. On the TSX, 20k sq ft of licensed cannabis in a greenhouse in…