Category: CBDs
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![Vapen MJ (VAPN.C): What if you built a weed company that actually made money?]()
Vapen MJ (VAPN.C): What if you built a weed company that actually made money?
I know what you’re going through. Yet another cannabis company going public. Holy smokes, does it never end? What are we at now, 300+? That was certainly my feeling when I walked into the offices of the folks bringing Vapen MJ (VAPN.C) public. ‘Vapes?’ I wonderd. ‘Who’s doing vapes these days?’ “We are, and we’re…
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![1933 Industries (TGIF.C): how to raise money without stock dilution]()
1933 Industries (TGIF.C): how to raise money without stock dilution
Publicly-traded cannabis companies that are not run by nutbars, piglets or hype-merchants, currently have good access to capital. If you’re selling weed, hemp or vape pens – it’s just not that hard to find institutional money. A fast-growing cannabis company like 1933 Industries (TGIF.C) with 2018 revenues of $12.6 million – can snap its fingers…
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Supreme Cannabis (FIRE.T): Enough screwing around, you guys, get behind quality
The old junior markets rule #1 is ‘buy rumour, sell the news’, and no company I’ve ever seen illustrates this in practice more than Supreme Cannabis (FIRE.T). For several years now, whenever it tiptoes upwards in share price, a news event happens and shareholders sell off. It happens like clockwork, and it’s infuriating. Don’t get…
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![Hemptown USA raises $23 million and lays out plan for CBG global markets]()
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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![Heritage Cannabis (CANN.C) acquires a 30% stake in EndoCanna]()
Heritage Cannabis (CANN.C) acquires a 30% stake in EndoCanna
Heritage Cannabis (CANN.C) is back in the headlines Wednesday after announcing plans to acquire a minority stake in EndoCanna, one of California’s leading DNA-testing marijuana companies. The news comes about a week after Equity Guru identified extracts and their derivatives as one of the final frontiers of the cannabis boom – in an article covering…
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![TGOD (TGOD.T) gains access to 15,000 German pharmacies]()
TGOD (TGOD.T) gains access to 15,000 German pharmacies
Many Canadian cannabis companies natter on about “global expansion”. A select few have already done deals that are generating foreign revenue. The Green Organic Dutchman (TGOD.T) is one of those companies. On May 13, 2019 TGOD announced that its 100% owned subsidiary, HemPoland, has inked a deal with Mediakos to be the exclusive distributor of…
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Pasha Brands (CRFT.C) takes a contrarian weed grow approach: Smaller, but plentiful
Ask anyone who has more experience growing cannabis than a sophomore college student whether they’d be keen to grow a million square feet of weed, and they’d likely point out the problems inherent in such a task. Automation is nice. Hordes of newly trained staff are fine. Hooking up to a nuclear power station and…
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Aphria (APHA.T) puts out financial results, falls on face, walks into pole
Well, I guess we were right, huh? Big Canadian cannabis producer Aphria (APHA.T), fresh off a scandal involving allegations from the short sellers the company was overpaying for garbage assets their top execs part owned, released their first financials today since the scandal broke. It was so unpretty, interested observers had to get through the…
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Cresco Labs’ (CL.C) no-premium acquisition offer of Origin House (OH.C) is… alright
This morning, Chicago-based Cresco Labs (CL.C) announced it would be acquiring Origin House (OH.C) (formerly CannaRoyalty) in an all-stock deal worth CAN$1.1 billion. The offer comes in at CAN$12.68 per Origin House share. Origin House closed Friday at $12.05, which leaves the premium on the deal being less than amazing. In fact, the stock has…
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Cannabis Life Sciences (CSE:CLSH.U): The US multi state operator value pick
I love it when the market is busy fighting over inflated market caps, because I’m a Moneyball guy. I like value, and while a lot of money has moved toward Canadian cannabis operators in recent years, the size of the market down south is only now starting to become clear. There’s still some value floating…
