Category: Cannabis
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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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![Vext Science (VEXT.C) ramps up Hemp/CBD operation in Kentucky]()
Vext Science (VEXT.C) ramps up Hemp/CBD operation in Kentucky
In VEXT’s latest financials we learned that “Gross Revenues increased 36% to USD $18.8 million for the nine months ended September 30, 2019 from USD $13.8 million for the nine months ended September 30, 2018.”
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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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![World Class Extractions (PUMP.C) CEO Rosy Mondin lays out her 2020 plans]()
World Class Extractions (PUMP.C) CEO Rosy Mondin lays out her 2020 plans
The merger of World-Class Extractions Inc. and Quadron Cannatech Corporation in 2019 was a significant milestone, as the combination of capital, experience, and technology has laid the foundation for our plans in 2020 and beyond.
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![Xphyto (XPHY.C) blowing the weed sector out of the water with true 2.0 plan]()
Xphyto (XPHY.C) blowing the weed sector out of the water with true 2.0 plan
Xphyto (XPHY.C) is dominating the cannabis sector like Sean Kemp used to dominate the Seattle buffet scene. It’s a legit beast right now, jumping from fat new high to fat new high. We’ve sat with their team several times over the past year and on each occasion have been impressed with their plans, but perhaps…
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![MedMen (MMEN.C) CEO Adam Bierman resigns but his pockets continue to fill]()
MedMen (MMEN.C) CEO Adam Bierman resigns but his pockets continue to fill
From the day it landed on the stock market, MedMen (MMEN.C) was a company that drew derision and ire based almost entirely on the decision of its founders to lather themselves in hefty bonuses, hoard most of the voting shares, offer themselves enriching golden parachutes, and put themselves above the shareholders and the long term…
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Maple Leaf Green World (MGW.NEO) pays $900 hemp license fee, gets $15m market cap jump because people are dumb
It never ceases to amaze me how folks prefer to get their trade order in before doing their research, even on companies dripping in debt, that have failed at every single thing they’ve attempted over several years. What’s up, Maple Leaf Green World (MGW.NEO), a company so deficient in every respect that it trades on…
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![Equity.Guru podcast: pt. 2 Yield Growth (BOSS.C) CEO Penny White talks about Urban Juve, topicals, mushrooms and more….]()
Equity.Guru podcast: pt. 2 Yield Growth (BOSS.C) CEO Penny White talks about Urban Juve, topicals, mushrooms and more….
In this, part 2 of a two-part interview, Penny White, CEO of Yield Growth, spoke with Equity.Guru’s Guy Bennett about the target market for Urban Juve, branding, packaging, South America, regulation, topicals, Wright & Well, mushrooms and the potential end game.
