Category: Dispensaries
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Ontario Cannabis Czar “retires” just before financial shit-show hits fan
The head of Ontario’s government cannabis agency, Patrick Ford, strategically retired just days prior to the revelation that the agency lost an astonishing $42 million on $64 million revenue this fiscal year. The “Ontario Cannabis Store” (OCS) oversees the provinces’ online and retail cannabis outlets. Ontario’s consolidated financial statements show the OCS racked up expenses…
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SOL Global’s (SOL.C) best defence against Curaleaf (CURA.C) and Trulieve (TRUL.C) in Florida is 3 Boys Farm
SOL Global (SOL.C) has a number of killer assets, but there’s one you need to know about called 3 Boys Farm. Based in Florida, 3 Boys Farm is an award-wining, USDA-certified, 100% organic cultivator of produce and, following the Village Farms (VFF.C) model, cannabis is a recent addition to the company’s list of offerings. SOL Global…
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Why legal cannabis in BC is completely fucked, and literally the worst system in Canada
I had an idea a few weeks ago, one that I hadn’t bothered with sooner because, truth be told, I’m not a weed guy. I like the investment opportunity, and I’ve lately taken to the wonderful effects of CBD, but I’m not much of a straight up weed dog. But hey, I thought, I keep…
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Podcast: Black-market weed consumer: “I’d buy from the Hells Angels before I buy from the government”
On August 15, 2019 Statistics Canada released an avalanche of new data on the habits of the five million Canadians who consumed cannabis during Q1 and Q2, 2019. Home grown cannabis supplied 8% of the market. Thirty-seven percent of users said that they used cannabis that they got from friends and family. Women claimed to have…
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Vapen (VPN.C) drops financials showing another quarter of actual profits
I’ll say it. Vapes aren’t as fashionable on the cannabis investor markets as they once were. Right now you guys really like, well, nothing, but a few years back, if you went to Alibaba Express and got a shipping container of pink vapes sent over by the guy who usually does fidget spinners, the markets…
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The Tinley Beverage Company’s (TNY.C) California distribution leaves 2018 woes in their rear-view mirror
The Tinley Beverage Company (TNY.C) has shipped more than $200,000 worth of products to California distributors’ facilities in June and July. This latest batch completes the long saga that began with a production stoppage in the dying months of 2018 when they were forced to hold back orders of their cannabis-infused non-alcoholic beverages for repackaging…
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Sol Global (SOL.C): The only weed company I know that lists ‘divestments’ on its website
Andy DeFrancesco is the devil. Just ask anyone. The worst guy in the weed business, the archangel of bad asset deals, the shell master of Florida. He’s got investigative journalists who write about nothing other than him, he’s got shareholders at various companies that have bought things from him screaming at him for taking their…
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Chemesis (CSI.C) smacks another double
Ichiro Suzuki – a recently retired major league baseball player – hit only 117 home runs in 9,934 career at bats. That’s a 1.2% home run success ratio. Yet Suzuki is considered one of the most effective batters ever to play the game. Why? Because he specialised in singles, doubles and triples (short, sharp, surgical…
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iAnthus’ (IAN.C) “Super Regional Footprint” just grew another toe
On August 1, 2019, iAnthus Capital (IAN.C) provided an operational update for GrowHealthy, the company’s Florida medical marijuana operation. GrowHealthy is about to open its 6th store in Florida. This 4,000 sq. foot location will serve the Miami-Dade County population of approximately 2.7 million. With operations in 11 states, including 23 dispensaries: Arizona (4), Maryland…