Category: Dispensaries
-
Fundamental hype: As US MSO’s struggle, is National Access Cannabis (META.V) building the Canadian alternative?
About eighteen months ago, National Access Cannabis (META.V) emerged as part II of the Chuck Rifici master plan of Canadian weed v2.0 domination. His v1.0 domination plan was a company called Tweed, which later became Canopy Growth Corp (WEED.T). At a current $19.5 billion market cap, I guess you’d call that one a win, but…
-
Supreme Cannabis (FIRE.T) is ready to lead the extracts boom ahead of final Health Canada approvals
Supreme Cannabis (FIRE.T) is clearing the final hurdles with Health Canada to make marijuana extracts a reality north of the border, setting the stage for a major production boost in a sub-industry worth billions. In a Tuesday press release, Supreme said it was on track to meet Health Canada’s amended cannabis regulations for edibles, extracts…
-
iAnthus (IAN.C) retools stock option plan: Pitchforks and torches lowered as shorts bail
Sunlight is the best disinfectant, or so the old saying goes, meaning it’s only when bad things are exposed that bad things are corrected. US multi-state dispensary operator iAnthus (IAN.C), it seems, is soaking up the rays today. Hadley Ford, chief executive officer of iAnthus, stated: “We have cancelled recent option grants to members of…
-
![Chemesis (CSI.C) QuickStrip: the Puerto Rico opportunity]()
Chemesis (CSI.C) QuickStrip: the Puerto Rico opportunity
Chemesis International (CSI.C) announced today that they have started selling Rapid Dose Therapeutics’ (DOSE.C) QuickStrip oral thin strips across the United States and Puerto Rico. QuickStrips is a sublingual delivery system for THC, CBD and other compounds that sports a low onset time. You pop it under your tongue and it dissolves in seconds, like…
-
![C21 Investments (CXXI.C): Now the clown car has emptied, C21 trades at 2.5x sales]()
C21 Investments (CXXI.C): Now the clown car has emptied, C21 trades at 2.5x sales
Back in December, I wrote a few stories about C21 Investments (CXXI.C), and how, at a $50 million market cap and $0.71 share price, and with $35m in revenues coming in from US assets, it was a bit of a steal. Someone, somewhere, agreed, and the share price of CXXI went on a tear from…
-
![MedMen (MMEN.C) execs get real fricken nasty (again)]()
MedMen (MMEN.C) execs get real fricken nasty (again)
If you owned a 5% share in a 300-foot yacht, and the captain refused to let you sell your interest – then ran the ship aground – you’d have an idea how early MedMen (MMEN.C) investors, Brent Cox and Omar Mangalji feel. Collectively, Cox and Mangalji own about 19 million shares of MedMen – a…
-
CLS Holdings (CLSH.U) reports another record-setting month with 85% revenue surge
CLS Holdings USA (CSE:CLSH.U) just topped $1 million in monthly sales. On Wednesday, the Las Vegas-based holding company behind Cannabis Life Sciences and Oasis reported a record-setting month of May with revenues surging across all major business streams. Record-breaking month In an official press release, CLS Holdings reported system-wide revenue of $1,058,867 U.S. in May,…
-
Namaste Technologies (N.V) finally posts financials, and they’re rife with bad scenes
If there’s anything good in the financial statements just posted by Namaste Technologies (N.V) – last thing on a Friday afternoon, naturally – it’s that they have a lot of cash, and we finally know just how badly the company was being run last year, before CEO Sean Dollinger was turfed out. The highlights aren’t…
-
![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…
-
Cannabis One (CBIS.C) kicks shareholders in the nuts
The executive team at Cannabis One (CBIS.C) may want to invest in some damage control experts going forward because shareholders are raging at them right now on social media over their actions (and inactions) of the past week. Despite ongoing newsflow that showed the company acquiring properties and closing deals, the CBIS share price has…
