3 December 2024

Howe Street Reporter Title

Category: Cannabis

  • Lucy Loves Luchre: BC Bud Corp (BCBC.C) is in a solid growth phase

    Lucy Loves Luchre: BC Bud Corp (BCBC.C) is in a solid growth phase

    Welcome to my first article for Equity.Guru! I’m here to go through the numbers of companies EG is paying attention to and to give my honest opinion on the strict financial outlook of companies based on their real world performance. Not every firm is profitable, sure, but not every firm is TRYING to be profitable…

  • Private med reformulator SecureDose acquired by PharmaDrug Inc (PHRX.C)

    Private med reformulator SecureDose acquired by PharmaDrug Inc (PHRX.C)

    A few weeks back, in what has become a seminal Equity.Guru piece about the quickly legalizing safe supply drug space, I tore into PharmaDrug (PHRX.C), which was lurching into strategic alternatives land as it appeared to have run out of dough to push its drug trials forward. Pharmadrug (PHRX.C) would love to be in the cocaine…

  • Revive Therapeutics (RVV.C): Covid came, Covid went, but Revive is still fighting

    Revive Therapeutics (RVV.C): Covid came, Covid went, but Revive is still fighting

    Back at the dawn of Covid-19, a load of public companies started pumping out news releases that claimed they were going to be entering the medical space. In the best tradition of Howe Street, long dormant mining companies suddenly became med-tech deals, hawking everything from clear plastic checkout counter dividers to virus sniffing doorways to…

  • Multi-Company Wrap: Watching the watchlist so you don’t have to

    Multi-Company Wrap: Watching the watchlist so you don’t have to

    We have some 29 companies on our watchlist, all in a variety of sectors, that we’re covering at any one time. Some are clients, some not, some are on deaths door, some are skyrocketing, so we’ve decided to wrap them all up into one monthly wrap so you can keep track of everything at once.…

  • Pubco cocaine is here: What does it mean, who’s in, and who’s real?

    Pubco cocaine is here: What does it mean, who’s in, and who’s real?

    I recently listened to a podcast episode of Search Engine with PJ Vogt, and I REALLY got into it. The episode was titled, “Why are drug dealers putting fentanyl in everything?” I’d asked myself the same question many times – why kill your customers? I’d recommend you go listen because the answer is a lot…

  • Stately’s long road to public finally finds an onramp with Gold Flora/TCPO (GRAM.NEO)

    Stately’s long road to public finally finds an onramp with Gold Flora/TCPO (GRAM.NEO)

    Good things happen in sunny Costa Mesa, California and, today, one of those good things happened for a certain group of cannabis investors. Longtime readers may recall Trent Kitsch, who founded Doja Cannabis (which would be consumed by Canopy Growth Corp for $400m), had bounced to his next venture not long after that deal closed…

  • Tipping the Scale: Navigating the Turbulent Waters of the Canadian Legal Cannabis Market

    Tipping the Scale: Navigating the Turbulent Waters of the Canadian Legal Cannabis Market

    The legal cannabis industry in Canada, still in its infancy nearly five years post-legalization, is traversing a tumultuous terrain. As the initial euphoria fades, the market is grappling with mounting challenges. These include the continuous race to the bottom with pot prices, the persistent prevalence of the illicit market, and the looming uncertainties in the…

  • Canada’s Legal Cannabis Market: Progress, Challenges, and the Future

    Canada’s Legal Cannabis Market: Progress, Challenges, and the Future

    The legalization of the cannabis market in Canada marked a significant milestone in the country’s history. Four years after this groundbreaking event, the retail market has experienced remarkable growth, with a 122.3% annual increase in per capita stores and a 91.7% annual increase in per capita sales. There are now 3,305 cannabis stores across the…

  • BC Bud Co (BCBC.C) re-flowering legal cannabis

    BC Bud Co (BCBC.C) re-flowering legal cannabis

    The legal cannabis revolution was disruptive not dissimilar to the dot com boom. Tech was rapidly changing the way we lived, worked and entertained ourselves. Since the dot com era grew out the recession-ridden 1980s, investors were salivating for yield and the seemingly endless possibilities of tech became their preferred vehicle. Legal marijuana grew in…

  • Cannabis stocks set for a reversal?

    Cannabis stocks set for a reversal?

    I love to look for beat up sectors. From a fundamental perspective, perhaps there are deals out there waiting to be made. From a technical perspective, all markets move in cycles. Nothing moves in an uptrend forever or a downtrend forever. When I find beat up sectors that meet my technical criteria, I get excited.…