Category: Cannabis
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New listing: Isracann (IPOT.C): 230k sq ft of weed from Israel? Yes we cann
As a general rule, I’m against any company with ‘cann’ or ‘canna’ in its title. You could make a drinking game out of reading the names of cannabis companies and taking a slug of tequila whenever you hit a canna, and you’d be drunktank-ready inside 25 syllables. But I’m going to give a pass to…
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![WestLeaf (WL.V) a perfect robber baron target: Cheap, steady, and turning the corner]()
WestLeaf (WL.V) a perfect robber baron target: Cheap, steady, and turning the corner
When a gentleman or mademoiselle makes a decision to honour the dark arts of predatory investing, occasions such as these times, when the black clouds of doom envelope the otherwise pleasant meadow that is the public markets, require one to seek out not the healthiest of companies, for they have already ascended to the heavens.…
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![CannTrust (TRST.T) burns $77 million of illegal weed]()
CannTrust (TRST.T) burns $77 million of illegal weed
While Canadian investors digested their Thanksgiving turkey, CannTrust (TRST.T) announced that it has “destroyed approximately $12 million of biological assets and approximately $65 million worth of inventory that was not authorized by CannTrust’s licence,” bring the total value of the torched product to $77 million”. Although the Toronto Stock Exchange was closed for the Canadian…
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![GTEC Holdings (GTEC.C) playing it tight as cannabis financing dries up across sector]()
GTEC Holdings (GTEC.C) playing it tight as cannabis financing dries up across sector
For the last few years, if cannabis companies wanted money, there was a long line of folks happy to oblige. More recently, those financiers have dried up, causing raise-addicted cannabis pubco execs to reach for their ‘balance sheets for dummies’ text books and have urgent meetings with accountants regarding how they stay alive. GTEC Holdings…
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Pivot Pharma (PVOT.C): can a new CEO turn a cannabis science co. into a profit machine?
Perusing Pivot Pharmaceuticals’ (PVOT.C) website you might think you’ve stumbled onto Pfizer’s (PFE.NYSE) “Proprietary IP” link. “RTIC infused substrates”? “Supercritical extraction”? “Phospholipid bilayers”? Anyone? In fact, if you strip away the tech-talk – Pivot’s business model is not that hard to wrap your head around. Pivot is a “science-based medical wellness company” that has developed…
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Deals being reversed across the board as weed companies discover fiscal responsibility
Sometimes a deal broken is a good deal for shareholders, especially if you give a red rat’s behind about your favourite company having enough money to survive the year. Lately, we’re seeing a lot of deals that, at one time, were announced with much fanfare, being quietly dropkicked off the bridge as once high flying…
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![Pasha Brands (CRFT.C) expands its galaxy of craft cannabis brands]()
Pasha Brands (CRFT.C) expands its galaxy of craft cannabis brands
The stock market assigns no intrinsic value to the “small beautifully-constructed thing”. You run an innovative music school? You build yurts out of corrugated cardboard? You grow the world’s best marijuana? Who gives a shit? How can we scale it? Clone its DNA? License the IP? Move the factory to Bangladesh? Stock markets are cold…
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Navigating the cannapocalypse through value picks: Don’t be swayed by optimists or cynics
Yesterday, weed stocks were generally green. The day before too. This brought about a load of folks on social media talking about how ‘cannabis is back!’ and ‘the bear market is over!’ Ugh. Seriously, you guys. It’s not over. Not by a long shot. Currently, Canopy Growth Corp (WEED.T), the big bellwether of the cannabis…
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![The Tinley Beverage Company (TNY.C), weed drinks and its plans for world domination]()
The Tinley Beverage Company (TNY.C), weed drinks and its plans for world domination
“California is North America’s largest beverage market. Plus it’s the continent’s largest cannabis market,” says the founder and CEO of The Tinley Beverage Company (TNY.C). Tinley knows drinks. Raspy and dry as a Manhattan, the CEO rattles off factoids about sticker placement and the importance of shelf height which would seem more at home in…
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![1933 Industries (TGIF.C) is flowering in the mother of all cannabis markets]()
1933 Industries (TGIF.C) is flowering in the mother of all cannabis markets
Growing cannabis in Nevada is like brewing beer in Labrador. There is a ravenous local market for the product. Cannabis demand in Nevada is powered by the state’s 46 million annual tourists. Some tourists may come to visit the Nevada Museum of Art – but many come to party their asses off. The first year…
