Category: Growing
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Yeah we lost money, what’s it to you? 1933 Industries (TGIF.C) takes the transparent route and we love it
Regular readers will know I’ve been a little quiet of late on the cannabis space, which is by design. If I’m not going in full welly on a given sector or company, I’m certainly not going to suggest you should, and quite frankly the cannabis business was overdue for a reckoning, as I stated back…
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Why did Canopy (WEED.T) Aurora (ACB.T) and Aphria (APHA.T) gain $10 million per minute today?
U.S. cannabis stocks exploded today. Canadian Cannabis stocks also exploded. Almost every stock with the word “cannabis” mentioned in the “About Us” link – exploded. Even MedMen (MMEN.C) – a money hemorrhaging retailer run by ass-clowns – was up 1%. A rare counter example: iAnthus Capital (IAN.C) was down 2% by mid morning. iAnthus had…
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Canopy Growth (WEED.T) financials are catastrophic, $74m loss, $32m in returned product/writedowns
Listen up, true believers – Canopy Growth Corp (WEED.T) will not be rewarding your love any time soon. This isn’t news, obviously. We’ve told you this several times. Hell, your CEO told you the company would need at least three years to fly right. And yet, even after the company released financials today that showed…
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Cresco Labs (CL.C) reprices Origin House (OH.C) acquisition terms to match declining market
Cresco Labs (CL.C) and Origin House (OH.C) have updated the terms of their $1.1B acquisition, repricing the all-stock transaction to match declining share prices since the deal’s announcement in April. Pursuant to the Amendment, the consideration payable under the Arrangement will be reduced from 0.8428 of a subordinate voting share of Cresco Labs (a “Cresco…
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SpeakEasy Cannabis (EASY.C) still wants to be Canada’s biggest grow and retail investors are buying it
On the same day mega-grower Cronos Group (CRON.T) said it no longer sees square footage and production capacity as “key performance indicators,” and will cease disclosing them, SpeakEasy Cannabis (EASY.C) put out a surprisingly tone-deaf news release touting its aim to become one of the largest producers in Canada. $CRON basically signaling it isn’t in the…
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Experion Holdings’ (EXP.V) Master Grower nominated for hand-trimmed “Lemon Zkittle”
On October 28, 2019, Experion Holdings (EXP.V) announced that the Head Grower of Citizen Stash’s award-winning cannabis strain “Lemon Zkittle” has been nominated as Top Master Grower for the 2019 Cannabis Awards. The Master Grower’s name is Liam McKenzie. Street-level consumers have already cast their vote. Lemon Zkittle is “a hybrid strain that is a…
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Isracann (IPOT.C) spikes 36% as Snoop Dogg partners with an Israeli cannabis company
Being “original” in business is a double-edged sword. Yes – it’s good to stand out in the crowd. But – when you’re all alone – investors may fret that you are a mad zealot on a doomed solo mission. “Isracann (IPOT.C) is Israel’s first pure-play cannabis firm to list in Canada,” wrote Equity Guru’s Chris…
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Golden Leaf (GLH.C) hires an HR officer, which makes sense after hiring four CEOs this year
Of all the stupid, tin-eared, extended news releases I’ve seen posted on a Monday morning, I’ve rarely seen one as stupid, tin-eared and extended as that sent out by Golden Leaf Holdings (GLH.C) this morning. The big news out of a company whose share price has collapsed to a low it may soon be mathematically…
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New listing: Isracann (IPOT.C): 230k sq ft of weed from Israel? Yes we cann
As a general rule, I’m against any company with ‘cann’ or ‘canna’ in its title. You could make a drinking game out of reading the names of cannabis companies and taking a slug of tequila whenever you hit a canna, and you’d be drunktank-ready inside 25 syllables. But I’m going to give a pass to…