Category: Growing
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GTEC Holdings (GTEC.C) snares Canopy Growth (WEED.T) grow facility in BC for $13m
As Canopy Growth Corp (WEED.T) retools in the wake of CEO Bruce Linton’s firing earlier this month, buzz on Cannabis Street was that there’d be assets flipped to help get the weedzilla back to its core business. Today we saw the first volley as GTEC Holdings (GTEC.C) bought a Kelowna, B.C. expansion site from Canopy…
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Berz-Erka: Livewell unhalts after 8 months as Eureka 93 (ERKA.C), rolls back 15:1, loses 90% of its value
We talked to the folks behind Livewell a lot, back in the day. Seemed a good deal, certainly a team that talked a good game. Even bought a little personally. But there was always a coda attached. The projections and plans were big. Maybe too big. Here’s me, the first time I covered them. Little…
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SUPREME DAY: Absurdly under-valued Supreme Cannabis (FIRE.T) takes over Equity.Guru
Since I’ve known and been covering former Supreme Cannabis (FIRE.T) CEO and current President John Fowler, I’ve referred to him as the T-1000. The name, initially anyway, was just a throw away line. But it stuck over the years, because I wasn’t the only one who saw him as part man, part machine, all unstoppable.…
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5 reasons I’m NOT selling my Supreme Cannabis (FIRE.T) shares
Some days I wish I was a “pure numbers guy”, so I could dispassionately analyze financial data – and base my investment decisions solely on that. But I’m not that guy. I invest in companies that I admire. On August 28, 2018 I wrote an article about Supreme Cannabis (FIRE.T) in which I pointed out…
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CannTrust (TRST.T): If you’re buying the bounce, you’re playing a dangerous game
Cannabis investors are a different breed. They’re amped way higher on positivity, cynicism, self belief, and sorrow, prone to the sort of mania that baseball card, Cabbage Patch Kid, and tulip enthusiasts know in their plums. When cannabis investors love a stock, there’s almost no amount of negative due diligence, blown up market cap, or…
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Khiron Life Sciences (KHRN.V) is still the only Colombian company with revenue from legal cannabis
Khiron Life Sciences (KHRN.C) is the only Colombian cannabis company generating revenue from legal production. We checked. After the acquisition of ILANS and the launch of the cosmeceutical brand, Kuida, Khiron is in a league of its own. There is an endless stream of cannabis companies trying to establish market share in Latin America, including…
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UPDATE: CannTrust (TRST.T) should lose license over illegal pot growing/shipping scandal
The precedent has been set. When Ascent Industries (ASNT.C) lost its Canadian LP licensing over product that had allegedly found its way into the grey market, the regulators at Health Canada – rightly – didn’t hold back. They investigated publicly, loudly, and ultimately de-licensed the company, running the brains trust out of town on a…
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Jay-Z: what does a billionaire cigar-smoker know about selling weed?
Yesterday, San Jose based cannabis company Caliva announced that it has hired Jay-Z as a Chief Brand Strategist to help it penetrate California’s massive but ultra-competitive legal marijuana industry. Caliva is a private company that operates a weed farm and has two retail outlets in Northern California. It also sells flower, pre-rolled joints, vaporizers, edibles…
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Khiron (KHRN.V) expands medical cannabis network in Latin America
Client companies come to us in a number of different ways. Sometimes because they’ve read our articles. Sometimes because they respect the journalistic chops of our boss Chris Parry. Sometimes, they’ve been referred to us by another client. Occasionally, we go to them. This is what happened late last year, when Equity Guru’s own Ethan…
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GTEC Holdings (GTEC.C) subsidiary Grey Bruce Farms snares Health Canada cultivation license
GTEC Holdings (GTEC.C) joins the slender ranks of companies in the cannabis space with multiple licenses at hand, with the news Friday afternoon that it’s Grey Bruce Farms subsidiary has been granted a cultivation license by Health Canada. Run by long time cannabis advocate Deb Howlett, the newly license brings another woman into the cannabis…