Category: Cannabis
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![Why did Canopy (WEED.T) Aurora (ACB.T) and Aphria (APHA.T) gain $10 million per minute today?]()
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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![MedMen (MMEN.C) lay offs reveal an even deeper sickness within]()
MedMen (MMEN.C) lay offs reveal an even deeper sickness within
So the braintrusts over at MedMen (MMEN.C) have devised a new and novel way to staunch their company’s steady and consistent bleeding: they’re going to lay enough people off that they reduce their overhead to a sustainable rate. Given that the company lost $277 Million in 2019, it’s not unexpected. Sometimes costs need to be…
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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]()
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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Plus Products (PLUS.C) sheds short-term gain for long-term profitability in CPG segment
Plus Products (PLUS.C) is a proponent of the hyper-specialization approach in a sector which, at least once upon a time, prided itself on vertical integration across a wide swathe of products. The company operates in California and Nevada, selling their consumer packaged goods (CPG) edible products which include gummies, mints and more. A respectable cash…
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![CLS Holdings (CLSH.C) is now a multi-state “adult use” cannabis operator]()
CLS Holdings (CLSH.C) is now a multi-state “adult use” cannabis operator
On November 05, 2019 CLS Holdings (CLSH.C) announced that “In Good Health”, a licensed medical dispensary, will begin the sale of recreational cannabis from its retail location in Brockton, Massachusetts. CLS Holdings is executing a “seed to sale” growth strategy that involves buying cannabis dispensaries, cultivators and producers. Brockton, MA Brockton has been named one…
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Heritage Cannabis (CANN.C) is ready for Cannabis 2.0, but are you ready for Heritage?
Here at equity.guru, we see the way things are going. Weed stocks are trending down, so we want to highlight companies poised to succeed in the long-term (*cough Cannabis 2.0 *cough). Heritage Cannabis Holdings (CANN.C) is a company which hasn’t gotten the love it deserves lately, and that’s bad. Just look at some of the…
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![SOL Global (SOL.C) is no superman, but prevailing wisdom says smart investment will have its day in the sun]()
SOL Global (SOL.C) is no superman, but prevailing wisdom says smart investment will have its day in the sun
Nobody is very happy with SOL Global (SOL.C) at the moment. $HARV can’t seem to close their financing which was announced in July. How will $SOL monetize shares of $HARV? The soap opera continues….hand job city. — Teddy Gambino (@TeddyGambino) November 5, 2019 Hand-job City or not, SOL Global closed at $0.49, down 14% on the…
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![Westleaf (WL.V) receives a $740,000 white label order for 3-month supply of vape pens]()
Westleaf (WL.V) receives a $740,000 white label order for 3-month supply of vape pens
On November 4, 2019, Westleaf (WL.V) announced that Westleaf Labs has received an initial “white label” order from Delta 9 for a three-month supply of vape pens and cartridges, representing anticipated revenue of about $740,000, “starting as early as January 2020”. The deal carries a minimum total commitment of $4 million – about 10% of…
