Category: Cannabis
-
The Curious Case of Maple Leaf Green World (MGW.C)
Long time readers will remember the weird ass name of Maple Leaf Green World (MGW.C) from several years back in the cannabis space, when a group arrived from China determined to make their riches in the North American weed fields, only to end up in a small, dank, broken down greenhouse in Nevada, under a…
-
BC Bud Corp (BCBC.C) breathes new life into the cannabis space, up 3x in two months
I told you. Then I told you again. I know it’s uncouth to say “I told you so,” but I did, didn’t I? BC Bud Corporation (BCBC.C) has jumped to $0.05, up from $0.015 two months ago, even while closing a raise priced at $0.02. BCBC boss Brayden Sutton, who has been a cannabis behind-the-scenes…
-
Weed roll-up BZAM (BZAM.C) used stock to buy assets <60 days before asking for creditor protection
You’ve built a decent little company. You’ve grown some brands. You’re feeling okay about things when a bigger company comes along, offers you a bunch of their stock, making you a significant shareholder, and tells you there are other strong hands in the investor base, including the wealthy chairman who has been lending the company…
-
LQR House (LQR.Q) puts involuntary hold on 1/3 of float, calls it a ‘dividend’
Liquor e-commerce platform LQR House (LQR.Q) made a bold but carefully worded announcement in January of this year that seemed like one of the greatest deals ever. A $1 per share dividend. LQR House Inc., a niche e-commerce platform specializing in the spirits and beverage industry, is pleased to announce that the Company’s Board of…
-
Markets mostly positive as 2024 kicks into gear 01-08-24
The TSX continued its ascent in morning trading, climbing 57.03 to 20994.58. TSX Venture followed suit but in a more slight fashion, edging up 0.16 to 551.5 while the CSE Composite slipped 0.75 to 175.55. In the world of beef, April live cattle futures contracts are down considerably since September 2023 as fed cattle available…
-
Nova Cannabis (NOVC.T) and Legal Cannabis in Canada, is the worst behind us?
The road for Canadian legal cannabis operators has been littered with hardship since the industry took a header in 2019. Restrictive regulations, combined with bad business practices in a saturated market produced a blood bath of bankruptcy that caused investors to run for the hills. With little available capital and a staggering over capacity, private…
-
Bionxt Solutions (BNXT.C) shows how pivots don’t have to mean resets
Several years back, Hugh Rogers was in my office talking about his cannabis company. Way back then, the plan was to grow in Germany and be first on the continent, using an old wartime bunker as a ‘safe growing facility’. Those plans morphed quickly as the reality of the cannabis space became clear. The cannabis…
-
Revive Therapeutics (RVV.C) finds multiple research options moving forward
In Canada, if you look backwards over the timeline, you’ll often find public companies have been other things back in the day. Risen, fallen, tapped out, rolled back, reemerged as a whole new thing. Sometimes this happens several times before a business model catches. Revive Therapeutics (RVV.C) is that rare Canadian smallcap that, while it…
-
Cannabis memory lane: Who’s sticking it out, who’s dead and dying
I was feeling every ounce of my chest cold, the thing everyone apparently has, the one that’s going around, the one that’s not covid but who could tell. I was also standing on a stage at the Richmond Chamber of Commerce awards gala, blinking at stage lights and peaking over the shoulders of some very…