Category: Cannabis
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Fair trade: Green Organic Dutchman (TGOD.T) does the hard, sensible things required to reset
Because this story is about The Green Organic Dutchman (TGOD.T) and cannabis investors bear grudges, the vast majority of people reading it will already be saying the words, “Fuck Parry, you’ll pump anything for money.” So let’s get some things out of the way before we start. 1) TGOD isn’t paying for this story, and…
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Heritage Cannabis (CANN.C) launches branded products
Growing cannabis revenues, shrinking losses, a healthy balance sheet – and now a pathway to selling branded extraction products into the Canadian market.
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HEXO (HEXO.T) surges 20% after it raises $57.5 million “to do stuff”.
To be blunt, Hexo is selling $15 pizzas with food-costs of $40. It’s not a great business model.
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The Inflection Point: It’s now or never for Plus Products (PLUS.C)
When weed legalized in Canada, I wasn’t a consumer participant. Smoking up has never been my jam. I know some like the ritual of it all, but I see having to prep and grind and smoke as being similar to driving stick – I mean, why not also stop your car by cutting two holes…
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World Class Extractions (PUMP.C) trades 18.9 million shares as it streamlines
“This is a challenging time around the world and here at home in Canada,” confirmed CEO Rosy Mondin, “The operational adjustments announced today are an important step in streamlining our direction and preserving resources to be utilized in more focused priorities.
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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
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
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.