Category: Dispensaries
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![MedMen (MMEN.C) lay offs reveal an even deeper sickness within]()
MedMen (MMEN.C) lay offs reveal an even deeper sickness within
So the braintrusts over at MedMen (MMEN.C) have devised a new and novel way to staunch their company’s steady and consistent bleeding: they’re going to lay enough people off that they reduce their overhead to a sustainable rate. Given that the company lost $277 Million in 2019, it’s not unexpected. Sometimes costs need to be…
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![CLS Holdings (CLSH.C) is now a multi-state “adult use” cannabis operator]()
CLS Holdings (CLSH.C) is now a multi-state “adult use” cannabis operator
On November 05, 2019 CLS Holdings (CLSH.C) announced that “In Good Health”, a licensed medical dispensary, will begin the sale of recreational cannabis from its retail location in Brockton, Massachusetts. CLS Holdings is executing a “seed to sale” growth strategy that involves buying cannabis dispensaries, cultivators and producers. Brockton, MA Brockton has been named one…
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![SOL Global (SOL.C) is no superman, but prevailing wisdom says smart investment will have its day in the sun]()
SOL Global (SOL.C) is no superman, but prevailing wisdom says smart investment will have its day in the sun
Nobody is very happy with SOL Global (SOL.C) at the moment. $HARV can’t seem to close their financing which was announced in July. How will $SOL monetize shares of $HARV? The soap opera continues….hand job city. — Teddy Gambino (@TeddyGambino) November 5, 2019 Hand-job City or not, SOL Global closed at $0.49, down 14% on the…
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![Los Angeles politician claims cannabis system is grossly unfair]()
Los Angeles politician claims cannabis system is grossly unfair
Los Angles City Councilman Herb Wesson roared into the news this week when he told the City of Los Angeles their cannabis licensing system was rigged against communities it was supposed to help. He has a point. Los Angeles has already approved 300 cannabis retailers and suppliers. The avalanche of first-round applicants buried city hall…
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MedMen (MMEN.C) yearly loss was $1m more than Supreme Cannabis’ (FIRE.T) entire market cap
“Fiscal 2019 was a transformative year for Medmen, with over two million completed retail transactions to date and revenues increasing 227% year-over-year,” said Adam Bierman, Medmen co-founder and chief executive officer in a news release that should see the company gutted on the markets Tuesday. Despite Bierman’s attempts at turd polishing, you don’t have to…
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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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![WestLeaf (WL.V) a perfect robber baron target: Cheap, steady, and turning the corner]()
WestLeaf (WL.V) a perfect robber baron target: Cheap, steady, and turning the corner
When a gentleman or mademoiselle makes a decision to honour the dark arts of predatory investing, occasions such as these times, when the black clouds of doom envelope the otherwise pleasant meadow that is the public markets, require one to seek out not the healthiest of companies, for they have already ascended to the heavens.…
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![GTEC Holdings (GTEC.C) playing it tight as cannabis financing dries up across sector]()
GTEC Holdings (GTEC.C) playing it tight as cannabis financing dries up across sector
For the last few years, if cannabis companies wanted money, there was a long line of folks happy to oblige. More recently, those financiers have dried up, causing raise-addicted cannabis pubco execs to reach for their ‘balance sheets for dummies’ text books and have urgent meetings with accountants regarding how they stay alive. GTEC Holdings…
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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…
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![Equity.Guru podcast: Andrea Dobbs – a Vancouver rec weed-seller spills the beans]()
Equity.Guru podcast: Andrea Dobbs – a Vancouver rec weed-seller spills the beans
In 2014, Andrea Dobbs walked into a Vancouver cannabis dispensary and tried to talk to a 21-year-old male “budtender” about treating her peri-menopausal symptoms. The conversation was not illuminating. She saw a business opportunity. A year later, Dobbs opened a retail cannabis store in Kitsilano, catering to people…like her. The Village Bloomery offered “a boutique…
