Category: CBDs
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Canopy Growth (WEED.T) financials are catastrophic, $74m loss, $32m in returned product/writedowns
Listen up, true believers – Canopy Growth Corp (WEED.T) will not be rewarding your love any time soon. This isn’t news, obviously. We’ve told you this several times. Hell, your CEO told you the company would need at least three years to fly right. And yet, even after the company released financials today that showed…
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Heritage Cannabis (CANN.C) is ready for Cannabis 2.0, but are you ready for Heritage?
Here at equity.guru, we see the way things are going. Weed stocks are trending down, so we want to highlight companies poised to succeed in the long-term (*cough Cannabis 2.0 *cough). Heritage Cannabis Holdings (CANN.C) is a company which hasn’t gotten the love it deserves lately, and that’s bad. Just look at some of the…
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Big Tobacco player Altria (MO.NYSE) lobbying hard for hemp, but is it the magic bullet Congress is counting on?
Tobacco giant, Altria Group (MO.NYSE), is lobbying in the United States for “matters pertaining to hemp and crop insurance,” among other things, seemingly aiming to pivot away from vaping amidst a national health emergency. A lobbying report filed by The Russell Group listed its income for the quarter on behalf of Altria as $60,000, a…
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OTC moves Access-Power (ACCR.OTC) off grey sheets, unwittingly makes mentally suspect CEO a millionaire
The penny stock game is often derided by men of letters as being a wild west scenario, a ‘cruel and shallow money trench, a long plastic hallway where thieves and pimps run free, and good men die like dogs.’ Reportedly, there’s also a negative side. Though Canadian microcap companies are oft-derided for being pump and dumps…
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Golden Leaf (GLH.C) hires an HR officer, which makes sense after hiring four CEOs this year
Of all the stupid, tin-eared, extended news releases I’ve seen posted on a Monday morning, I’ve rarely seen one as stupid, tin-eared and extended as that sent out by Golden Leaf Holdings (GLH.C) this morning. The big news out of a company whose share price has collapsed to a low it may soon be mathematically…
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Deals being reversed across the board as weed companies discover fiscal responsibility
Sometimes a deal broken is a good deal for shareholders, especially if you give a red rat’s behind about your favourite company having enough money to survive the year. Lately, we’re seeing a lot of deals that, at one time, were announced with much fanfare, being quietly dropkicked off the bridge as once high flying…