Category: Growing
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Tilray (TLRY.Q) financials are nightmare fuel: Quarterly net loss down 16% to ‘just’ $184m
If Tilray (TLRY.Q) will leave any sort of legacy on the Canadian cannabis landscape, it will be that, for a short time and by virtue of a well-timed and paper-lined public listing, the CEO was the highest paid CEO in North America. For a hot minute, Americans bought in by the truckload and drove the…
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![Speakeasy (EASY.C) completes $2m loan with interest rate just 5% shy of what’s considered loan sharking]()
Speakeasy (EASY.C) completes $2m loan with interest rate just 5% shy of what’s considered loan sharking
I break laws sometimes. I speed on the highway. I possess more than the 30 gram legal limit of weed products. I sneak food into the cinema, or used to when the cinema was a thing we did in polite society. I’ve been drunk and disorderly, broken noise bylaws on a Saturday night, and I…
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![Ravenquest (RQB.V) CEO George Robinson resigns, company alleges he’s holding records hostage]()
Ravenquest (RQB.V) CEO George Robinson resigns, company alleges he’s holding records hostage
For a company that once upon a time figured a great business model in the cannabis sector would be to tattle on other license holders in an effort to be installed as replacement licensees, Ravenquest (RQB.V) sure was terrible at handling it’s own business when it got right down to it. The company lost access…
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Do not adjust your TV sets – Heritage Cannabis (CANN.C) is a real business
New licenses, deals, products – that’s all good – but it’s not the nitty gritty stuff investors are looking for now. By “nitty-gritty” we mean – numbers. Four weeks ago, Heritage released its Q1, 2020 financials.
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The case that Supreme Cannabis (FIRE.T) is about to shake its demons and go on a rip
Supreme Cannabis (FIRE.T) got a new President and CEO today in Beena Goldenberg, former chief executive officer of Hain-Celestial Canada, and a bona fide pro in the natural and plant-based consumer packaged goods business. This would appear to be a good hire for a company that already has a great reputation for quality products in…
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Isracann (IPOT.C) closes 3-year cannabis offtake deal in Israel
“We have achieved a partnership agreement with a farm operation that is constructed,” stated Isracann CEO, Darryl Jones, “it has already closed a major offtake agreement for the next three years. This accelerates our timeline to production and revenue.”
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Canopy Growth Corp (WEED.T) to detonate another $800m in assets in bid to find balance sheet harmony
There’s no doubt a lot of people invest in a sector by just plopping their dough behind whichever company is the biggest, or the one they’ve heard of most, without actually looking at the fundamentals of that company. This is as much a cemented belief for me as the belief that songs that get played…
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![European office supplies manufacturer takes Wayland Group (WAYL.C) weed grow for $12.3m]()
European office supplies manufacturer takes Wayland Group (WAYL.C) weed grow for $12.3m
The Wayland Group (WAYL.C) announced Thursday Austria-based Ring Holding International AG will purchase their Maricann assets, which essentially make up their entire business, for the bargain price of $12.3 million as part of ongoing bankruptcy proceedings. The purchaser of the Maricann assets is a family office with a core focus on the manufacturing of lever…
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Aurora (ACB.NYSE) rolls back, Gaia Grow (GAIA.V) rolls on
“The simple fact of the matter is ACB is getting around a THIRD of their product returned in real dollar terms,” wrote Equity Guru’s Chris Parry two months ago, “That means they either REALLY suck at growing weed, or they really sucked at figuring out what the market was going to look like when planning…
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![The Good, the Bad & the Ugly; Trulieve Cannabis (TRUL.C), KushCo Holdings (KSHB.OTC) and Hexo (HEXO.NYSE) release financials]()
The Good, the Bad & the Ugly; Trulieve Cannabis (TRUL.C), KushCo Holdings (KSHB.OTC) and Hexo (HEXO.NYSE) release financials
“Borrowing money and expanding hard in competition with MedMen (MMEN.C) is a two-edged sword,” explained Equity Guru’s Chris Parry, “In a strong market, you’re building far more value than you’re borrowing but, in a down market, you’re under extra pressure to keep things together when debts come due.”
