Category: Cannabis
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Big Tobacco player Altria (MO.NYSE) lobbying hard for hemp, but is it the magic bullet Congress is counting on?
Tobacco giant, Altria Group (MO.NYSE), is lobbying in the United States for “matters pertaining to hemp and crop insurance,” among other things, seemingly aiming to pivot away from vaping amidst a national health emergency. A lobbying report filed by The Russell Group listed its income for the quarter on behalf of Altria as $60,000, a…
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Los Angeles politician claims cannabis system is grossly unfair
Los Angles City Councilman Herb Wesson roared into the news this week when he told the City of Los Angeles their cannabis licensing system was rigged against communities it was supposed to help. He has a point. Los Angeles has already approved 300 cannabis retailers and suppliers. The avalanche of first-round applicants buried city hall…
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Experion Holdings’ (EXP.V) Master Grower nominated for hand-trimmed “Lemon Zkittle”
On October 28, 2019, Experion Holdings (EXP.V) announced that the Head Grower of Citizen Stash’s award-winning cannabis strain “Lemon Zkittle” has been nominated as Top Master Grower for the 2019 Cannabis Awards. The Master Grower’s name is Liam McKenzie. Street-level consumers have already cast their vote. Lemon Zkittle is “a hybrid strain that is a…
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Yield Growth (BOSS.C): Forget the story – now we’ve got numbers
The story has always been good. “Cannabis will require an entirely new way of branding,” stated Yield Growth (BOSS.C) Penny Green in a 2018 Georgia Straight interview. “Cannabis lifestyle brands could be disruptive to several sectors, including the wellness industry, makeup, and leisure.” Green and her team set out to create cannabis-based products for lucrative…
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MedMen (MMEN.C) yearly loss was $1m more than Supreme Cannabis’ (FIRE.T) entire market cap
“Fiscal 2019 was a transformative year for Medmen, with over two million completed retail transactions to date and revenues increasing 227% year-over-year,” said Adam Bierman, Medmen co-founder and chief executive officer in a news release that should see the company gutted on the markets Tuesday. Despite Bierman’s attempts at turd polishing, you don’t have to…
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Isracann (IPOT.C) spikes 36% as Snoop Dogg partners with an Israeli cannabis company
Being “original” in business is a double-edged sword. Yes – it’s good to stand out in the crowd. But – when you’re all alone – investors may fret that you are a mad zealot on a doomed solo mission. “Isracann (IPOT.C) is Israel’s first pure-play cannabis firm to list in Canada,” wrote Equity Guru’s Chris…
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1933 Industries’ (TGIF.C) blonde cannabis ain’t dumb
On October 22, 2019, 1933 Industries (TGIF.C) issued a cocky update on the launch of its “luxury brand Blonde Cannabis.” 1933 already controls 100% of Canna Hemp CBD Relief Cream which was named “Best Topical” by Leafly in 2018, and 100% of Canna Hemp X, which was named “Best Topicals for Pain” by Herb’s Guide.…
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Tinley Beverage (TNY.C) adds non-cannabis SKUs as part of 150 store deal
A while back – quite a while back, if we’re honest, Tinley Beverage (TNY.C) boss Jeff Maser had a big decision to make that would take his company in a specific direction from that point forward. He could choose to ride or die – which would mean making hemp/cannabis drinks through third party facilities and…
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OTC moves Access-Power (ACCR.OTC) off grey sheets, unwittingly makes mentally suspect CEO a millionaire
The penny stock game is often derided by men of letters as being a wild west scenario, a ‘cruel and shallow money trench, a long plastic hallway where thieves and pimps run free, and good men die like dogs.’ Reportedly, there’s also a negative side. Though Canadian microcap companies are oft-derided for being pump and dumps…
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Golden Leaf (GLH.C) hires an HR officer, which makes sense after hiring four CEOs this year
Of all the stupid, tin-eared, extended news releases I’ve seen posted on a Monday morning, I’ve rarely seen one as stupid, tin-eared and extended as that sent out by Golden Leaf Holdings (GLH.C) this morning. The big news out of a company whose share price has collapsed to a low it may soon be mathematically…