Category: Dispensaries
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iAnthus Capital (IAN.C) bucks the downward weed trends with US dispensary plans
I missed it. Y’all can point and laugh, but when folks said to me a year ago, “Hey, what about iAnthus Capital?” (IAN.C), I shrugged and said, “I can’t keep an eye on everyone,” and went back to my toys because it was small and US focused and meh. iAnthus, to me, back then, was…
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C21 Investments (CXXI.C) makes big $25m+ acquisition of Nevada grower, dispensary pioneer
The market is enjoying news released by C21 Investments (CXXI.C) that it has agreed to acquire Silver State Relief LLC and Silver State Cultivation LLC, for a sum that dwarfs any previous Canada-buys-US-assets deal, and adds nicely to its growing portfolio of US cannabis assets. President and CEO of C21 Robert Cheney stated: “Our entire C21…
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MedMen (MMEN.C) employees outraged at dispensary tipping clawback.
Equity Guru has been approached by several employees of MedMen’s (MMEN.C) California dispensaries who are telling us colleagues are walking out, upset about a new and unexplained pay cheque deduction that hit this week. MedMen, a CSE-listed US cannabis dispensary chain, built around high-end retail outlets geared towards urban professionals, boasts that its stores are…
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Green Organic Dutchman (TGOD.C) closes $25m financing to finance acquisitions/expansion
I get calls sometimes from Green Organic Dutchman (TGOD.C) comms guy Danny Brody. They usually go like this: Brody: Have you seen the news we just put out? Me: No, you just put the news out. Brody: It’s great. Everything is coming together. Me: Okay, but I was hoping to get a little time off…
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Livestream: Chris Parry rants to MidasLetter’s James West about MedMen, as company pulls plug on bonuses
You get me on camera on a Friday afternoon and ask me about shitty market deals, you better make sure you have a lot of tape. I talked to James West of MidasLetter today about mostly the MedMen (MMEN.C) deal, but also Green Organic Dutchman (TGOD.T), Aurora (ACB.T), FSD Pharma (HUGE.C), Namaste (N.V), hookers and blow…
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It’s happening again: FSD Pharma (HUGE.C) is an insider loaded, overvalued, restrictive mess
What the hell is in the vodka on Howe Street that all of a sudden every new weed deal is coming out tied in knots that enrich the core crew at the expense of everyone else? We’ve spent three days shining a light on MedMen’s (MMEN.C) terrible go-public structure, which enriches execs at the expense…
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Turning it around: The lesson Lifestyle Delivery Systems (LDS.C) has for MedMen (MMEN.C)
To say there have been angry phone calls these past few days would be an understatement. Folks who helped take MedMen Enterprises Inc. Class B Subordinate Voting Shares (MMEN.C) (hey, that’s the CSE’s label, not mine) to the public markets and were looking at making a great amount of cash doing so, aren’t so pleased that our…
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Green Organic Dutchman (TGOD.T) & MedMen (MMEN.C) have big days, but only one is smiling
The Green Organic Dutchman (TGOD.T) is nearing being a billion dollar company, after its stock ran up 13.9% today on news that it would license soluble cannabinoid tech from Stillwater Foods. The Green Organic Dutchman Holdings Ltd. has entered into an exclusive agreement with Stillwater Brands to license Ripple SC (soluble cannabinoids) ingredient technology, and…
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MedMen (MMEN.C) goes public Tuesday, but three executives will make most of the money on the deal
The risk, when allowing US weed deals to come up north to go public, is that they’ll bring their OTC way of doing things up here and soil our pretty little pubco kingdom. I mean, let’s be clear – the Canadian venture capital markets are a rank pit of vipers that live by sucking on…
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Aurora Cannabis (ACB.T) is either smarter than everyone else with its Medreleaf (LEAF.T) deal, or…
I have a theory, and I’ll probably never know if it’s accurate, but it goes like this: Medreleaf’s (LEAF.T) executives and board looked at its valuation recently and said to themselves, “It’s never going to be higher than it is right now. We should find someone to buy us right now because farming is hard work…