Category: Growing
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BC Bud Corp (BCBC.C) breathes new life into the cannabis space, up 3x in two months
I told you. Then I told you again. I know it’s uncouth to say “I told you so,” but I did, didn’t I? BC Bud Corporation (BCBC.C) has jumped to $0.05, up from $0.015 two months ago, even while closing a raise priced at $0.02. BCBC boss Brayden Sutton, who has been a cannabis behind-the-scenes…
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Weed roll-up BZAM (BZAM.C) used stock to buy assets <60 days before asking for creditor protection
You’ve built a decent little company. You’ve grown some brands. You’re feeling okay about things when a bigger company comes along, offers you a bunch of their stock, making you a significant shareholder, and tells you there are other strong hands in the investor base, including the wealthy chairman who has been lending the company…
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Nova Cannabis (NOVC.T) and Legal Cannabis in Canada, is the worst behind us?
The road for Canadian legal cannabis operators has been littered with hardship since the industry took a header in 2019. Restrictive regulations, combined with bad business practices in a saturated market produced a blood bath of bankruptcy that caused investors to run for the hills. With little available capital and a staggering over capacity, private…
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Cannabis memory lane: Who’s sticking it out, who’s dead and dying
I was feeling every ounce of my chest cold, the thing everyone apparently has, the one that’s going around, the one that’s not covid but who could tell. I was also standing on a stage at the Richmond Chamber of Commerce awards gala, blinking at stage lights and peaking over the shoulders of some very…
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Stately’s long road to public finally finds an onramp with Gold Flora/TCPO (GRAM.NEO)
Good things happen in sunny Costa Mesa, California and, today, one of those good things happened for a certain group of cannabis investors. Longtime readers may recall Trent Kitsch, who founded Doja Cannabis (which would be consumed by Canopy Growth Corp for $400m), had bounced to his next venture not long after that deal closed…
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Tipping the Scale: Navigating the Turbulent Waters of the Canadian Legal Cannabis Market
The legal cannabis industry in Canada, still in its infancy nearly five years post-legalization, is traversing a tumultuous terrain. As the initial euphoria fades, the market is grappling with mounting challenges. These include the continuous race to the bottom with pot prices, the persistent prevalence of the illicit market, and the looming uncertainties in the…
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Canada’s Legal Cannabis Market: Progress, Challenges, and the Future
The legalization of the cannabis market in Canada marked a significant milestone in the country’s history. Four years after this groundbreaking event, the retail market has experienced remarkable growth, with a 122.3% annual increase in per capita stores and a 91.7% annual increase in per capita sales. There are now 3,305 cannabis stores across the…
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BC Bud Co (BCBC.C) re-flowering legal cannabis
The legal cannabis revolution was disruptive not dissimilar to the dot com boom. Tech was rapidly changing the way we lived, worked and entertained ourselves. Since the dot com era grew out the recession-ridden 1980s, investors were salivating for yield and the seemingly endless possibilities of tech became their preferred vehicle. Legal marijuana grew in…
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If I had a billion dollars: the cannabis edition, Chris Parry’s Infamous Dad Talk, Hexo (HEXO.T), GrowGeneration (GRWG.NASDAQ), Sundial (SNDL.NASDAQ)
In early 2018, Equity Guru had 30 cannabis clients. At the time, it was our specialty, our niche. Equity Guru owner Chris Parry was the one of the first journalists to take the sector seriously. Later, we signed a bioscience accelerator (XPhyto Therapeutics (XPHY.C), a concealed weapon detector co. (Patriot One (PAT.T) and a grocery…
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Heritage Cannabis (CANN.C) has a bulk resin output deal with Canopy Growth (WEED.T)
Asking: did your cannabis stocks go up this year, is like asking – do I look sexy in yellow clogs? We don’t need to look. The answer is no. In 2021, cannabis stocks have been mutilated across the board. Big girls like the Canopy Growth (WEED.T), fell from a high from of $71 to its…