Category: Edibles
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It’s Weed Wednesday: Canadian cannabis is legal, but what does it all mean?
If you thought weed stocks were going to run when the new Canadian cannabis laws came in, guess again. Those had been baked into share price for over a year so, if anything, we at Equity.guru expected today to be the stock price yawner it has so far been. But that’s not always going to…
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Sold out: Which Canadian cannabis brands are winning on day one?
Recreational cannabis is legal in Canada, praise Jesus. But anyone who thought pre-rolls would be falling from the sky on day one is living in a fantasy world. Queues are long, stores are already running out of hot sellers, and online traffic is proving hot with looky-loos. Assuming you can find a store that is…
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Canopy Growth Corp (WEED.T) has $5 billion to buy something: What’s on the list?
I’ve written this story three times in as many days, because every time I get to the bottom and am ready to post, the valuations of everything seem to have changed. So, to hell with it: I’m sticking the landing on this version. Time for Equity.Guru to veer off market news and into fantasy sports…
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Ascent Industries (ASNT.C) lands on the CSE Thursday: You’ll want to dig in on this
A few years back, when Health Canada wasn’t really handing out cannabis grow or sales licenses, I attended a meeting in a crappy chain restaurant by the highway in North Richmond. That meeting was packed. It was a collection of MMAR growers, folks who owned unused warehouses, rampant weed activists, accountants who were ready for…
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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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Biome Grow (OAA.C) adds former Moosehead Brewery president as director
You can’t buy stock in it on the markets yet but the growing Sasha Jacob/Khurram Malik-steered cannabis play Biome Grow (soon to be RTOed into OAA.C) is adding to its roster with a name that announces some fairly serious intentions, according to news dropped Monday. Orca Touchscreen Technologies Ltd. target Biome Grow has appointed Steven…
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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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Brands, brands, brands: You want ’em, we got ’em, but some aren’t what you think
In 2014, I said before a crowd at one of the first cannabis company conferences, ‘forget growing weed – nobody invested hard in barley and hops after prohibition ended – they wanted to invest in brands, the Seagrams and Canadian Clubs and Budweisers, that got the maximum margin out of every ingredient.’ I’ve said similar…
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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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Green Organic Dutchman (TGOD.T) locks down product development tech in CBx partnership
Book it as yet another step on the march to a revenue-licious consumer products division, as The Green Organic Dutchman (TGOD.T) has announced a deal with Colorado-based CBx Enterprises to license extraction and vaporization technology for Canadian and international (non-US) markets. The deal involves Evolab and CBx Sciences products, which TGOD says positions it for…