Category: Growing
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1933 Industries (TGIF.C) blows up, jumps 35% preceding California harvest announcement
You’ve gotta love it when a plan comes together: 1933 Industries (TGIF.C), which has been banging the same ‘we’re grownups, we’re doing it right, hang tight’ drum for several years now, dropped news this February 14 that will make any Valentine’s heart swell with joy. “Following the completion of a combined 20,000-square-foot expanded cultivation, extraction,…
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Fire in the hole: Supreme Cannabis (FIRE.T) drops rough financials as expected, transition afoot
Ontario-based Supreme Cannabis (FIRE.T) released its Q2 2020 financials today and there were few surprises contained in its pages, bar perhaps the size of the quarterly loss. At a $17.3 million net loss after taxes (and a $10.4 million loss in adjusted EBITDA terms), FIRE shares fell in value below the $0.40 mark it’s been…
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Aurora Cannabis (ACB.T) drops financials, shows declines all over while spending heavy on execs
The quarterly financials news release just put out by Aurora Cannabis (ACB.T) isn’t exactly hype. It reflects a company coming to grips with the fact that it planned for a market that hasn’t emerged, that it has been one of the slowest to figure that out, and that there’s pain to come. “Despite delivering modest…
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![Hold your FIRE: Supreme Cannabis (FIRE.T) lays off staff in bid for balance sheet superiority]()
Hold your FIRE: Supreme Cannabis (FIRE.T) lays off staff in bid for balance sheet superiority
Large Canadian cannabis licensed producer Supreme Cannabis (FIRE.T) told the markets they’re laying off around 30% of their staff today, days before their next quarterly financials are released and with the dust still settling after their recent CEO change. To the casual observer, this might appear to be a sign of desperation, that the sky…
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Aurora Cannabis (ACB.T) dumps founding CEO Terry Booth as $1 billion in assets and goodwill to be written off
Alberta-based Aurora Cannabis (ACB.T) took a long trade halt today as it prepared to announce what the online rumour mill had been surmising all day – that the founding CEO of the company, Terry Booth, was out. $acb trading halt 10 minutes ago… hmmm I wonder if Terry is out ♂️ — Jason Spatafora (@WolfOfWeedST)…
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1933 Industries (TGIF.C) is getting bigger, bolder, more badass
On January 22, 2020 1933 Industries (TGIF.C) gave the market an update on its bulk hemp processing facility in Las Vegas, USA. The facility will be capable of producing isolated cannabinoids such as CBD, CBG, CBC and CBN, as well as full spectrum and broad-spectrum oils without THC. The proprietary extraction system will reduce industry-standard…
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Fundamental Hype: Vivo Cannabis (VIVO.V) doubles stock price in no time flat: But why?
Way way waaaay back, when Equity.Guru was a young pup and the cannabis industry was still being built on fumes of promise, Vivo Cannabis (VIVO.V) – formerly AbCann – was an industry darling. For a hot minute, anyway. The reasons why Vivo fell off the table and not only grew out of favour, but almost…
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![Hexo (HEXO.T) Aurora (ACB.T), Organigram (OGI.T) shareholders totally bewildered by this common colour]()
Hexo (HEXO.T) Aurora (ACB.T), Organigram (OGI.T) shareholders totally bewildered by this common colour
To be a shareholder in Hexo (HEXO.T) Aurora (ACB.T) or Organigram (OGI.T) over the last 8 months, is to gain intimacy with pain, humiliation and their kissing-cousin abject despair.
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Vext Science (VEXT.C) cannabis chart defies gravity
“The core business, which is derived from an Arizona licensed vertically integrated model, generated USD $13 million in revenues during the first two quarters of 2019,” confirmed Equity Guru’s Sam Bourgi last October. Ironically, VEXT is a healthy cannabis business, and investors are quickly gaining confidence in it.
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![1933 Industries (TGIF.C) 2019 sales were 20% of its current market cap]()
1933 Industries (TGIF.C) 2019 sales were 20% of its current market cap
Cannabis investors exhibit the same psychological characteristics as Dutch teenagers, a “volatile mix of anxiety, irritability, exuberance and despair.” With teenagers, the irrational mood swings are due to “stress points around the uneasy transition toward adulthood.” Cannabis investors don’t have this excuse.
