Category: Cannabis
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![A tale of two factories: World Class Extractions (PUMP.C) and Naturally Splendid (NSP.V) might surprise you]()
A tale of two factories: World Class Extractions (PUMP.C) and Naturally Splendid (NSP.V) might surprise you
Over the last month I’ve left the happy confines of Casa Guru a few times and headed out to the suburbs to catch up with old friends. Both trips turned out to be surprising and interesting experiences with a similar message; “The market doesn’t see us, but we’re doing the work and quietly confident we’re…
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![CLS Holdings (CLSH.C) completes phase 1 of Las Vegas cannabis facility]()
CLS Holdings (CLSH.C) completes phase 1 of Las Vegas cannabis facility
On December 5, 2019 CLS Holdings (CLSH.C) announced that it has completed the buildout and licensing for phase 1 of its north Las Vegas processing facility. The CLS business model includes licensing, extraction, processing, sale of products, brand creation and consulting services. CLSH has developed a proprietary method of extracting cannabinoids from cannabis plants and…
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![Chemesis (CSI.C) Q1, 2020 cannabis revenue up 279% – official “survivor” status?]()
Chemesis (CSI.C) Q1, 2020 cannabis revenue up 279% – official “survivor” status?
On January 10, 2018 (almost two years ago), the Canadian Marijuana Index peaked just north of a 1,000. At that time, the valuation of almost every cannabis company looked rich. Today, the Canadian Marijuana Index is at 212 (down 80%). These days, the pom-poms are locked firmly in a drawer, but it is worth pointing…
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Emerald Health (EMH.V) shareholder call goes somewhat poorly, as JV death spiral looms
The partnership between Emerald Health (EMH.V) and Village Farms (VFF.V) was never going to be smooth sailing, glittery rainbows, and under-taint kisses until the end of time. Let’s face it, brothers will always fight, especially when money is involved. However, a betting man might have thought the partnership between these two would make it through…
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![SOL Global (SOL.C) revs up in Florida, financials dragged down by Verano investment]()
SOL Global (SOL.C) revs up in Florida, financials dragged down by Verano investment
On December 2, 2019 Sol Global (SOL.C) released its Q2, financial results for the three and six-month period ended September 30, 2019. SOL Global invests in cannabis related companies in legal U.S. states, hemp and CBD marketplaces and the emerging European cannabis and hemp territories. Its business activities encompass cultivation, distribution, retail – and an…
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Deathwatch: Beleave (BE.C) has less money than you do
Beleaguered Canadian cannabis company Beleave (BE.C) just posted financials after the close of trading on a Friday, which is, as we well know, ‘Friday news dump’ time. True to form for a company that’s never posted good news to my recollection, these financials are absolute toilet. As of September 30, 2019, Beleave had $133,000 to…
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![MedMen (MMEN.C): cannabis catastrophe – 5 red flags everyone should have seen]()
MedMen (MMEN.C): cannabis catastrophe – 5 red flags everyone should have seen
MedMen (MMEN.C) owns 33 cannabis retail stores across 9 states. The stores have attractive exteriors, but the business inside is ugly. “MedMen reported another quarter of heavy losses [In Q1, 2020] as the California-based cannabis company scrambles to right-size and avoid bankruptcy,” reported an excellent Grizzle article, “with $11 million of quarterly interest expense against…
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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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![Empower Clinics (CBDT.C) expands sales force to service California CBD market]()
Empower Clinics (CBDT.C) expands sales force to service California CBD market
Last week Empower Clinics (CBDT.C) announced that it has hired some young commissioned-based sales people to expand its Sollievo CBD line in Southern California. Empower is a multi-state CBD life sciences company, that operates a network of health & wellness clinics for its nine corporate locations and franchises in the United States. Empower manufactures and…
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![Slang Worldwide (SLNG.C) releases Q3, 2019 financials]()
Slang Worldwide (SLNG.C) releases Q3, 2019 financials
On November 26, 2019 Slang Worldwide (SLNG.C) announced that it has filed its financial results for the three and nine months ended Sept. 30, 2019. Slang also released details of a $15 million raise through a non-brokered private placement. SLANG is a cannabis consumer packaged goods company, focused on acquiring, developing and creating regional and…
