Category: Cannabis
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CannTrust (TRST.T) cannabis sales license suspended by Health Canada, and the clock is ticking
Turns out running an illegal drug operation out of your legal, licensed drug operation isn’t such a good business model. Health Canada announced today what many had long assumed was coming, when they suspended CannTrust’s (TRST.T) license to sell and process cannabis in the wake of ongoing allegations of illegal behaviour. When TRST stock was…
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![Ontario Cannabis Czar “retires” just before financial shit-show hits fan]()
Ontario Cannabis Czar “retires” just before financial shit-show hits fan
The head of Ontario’s government cannabis agency, Patrick Ford, strategically retired just days prior to the revelation that the agency lost an astonishing $42 million on $64 million revenue this fiscal year. The “Ontario Cannabis Store” (OCS) oversees the provinces’ online and retail cannabis outlets. Ontario’s consolidated financial statements show the OCS racked up expenses…
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Ben Ward of Wayland Group fame among trio named by OSC in first Canadian cannabis fraud case
The Ontario Securities Commission (OSC) has named Ben Ward, Peter Strang and Silvio Serrano in a fraud case relating to activities conducted at the helm of the Canada Cannabis Corporation. The statement of allegations released today purports the three men, CEO and VPs of CCC respectively, raised over CAD$11M from investors in Ontario and accuses…
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![1933 Industries (TGIF.C) guidance predicts Q4, 2019 rev. of $5.2 million]()
1933 Industries (TGIF.C) guidance predicts Q4, 2019 rev. of $5.2 million
On September 12, 2019, 1933 Industries (TGIF.C) provided guidance for Q4, 2019 – the quarter ended six weeks ago on July 31, 2019. 1933 Industries owns cannabis cultivation, extraction, processing and manufacturing assets, along with a portfolio of brands including: AMA flower and AMA concentrates, CBD-infused Canna Hemp, Canna Hemp X, and Canna Fused. “Guidance” refers to…
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![SOL Global’s (SOL.C) best defence against Curaleaf (CURA.C) and Trulieve (TRUL.C) in Florida is 3 Boys Farm]()
SOL Global’s (SOL.C) best defence against Curaleaf (CURA.C) and Trulieve (TRUL.C) in Florida is 3 Boys Farm
SOL Global (SOL.C) has a number of killer assets, but there’s one you need to know about called 3 Boys Farm. Based in Florida, 3 Boys Farm is an award-wining, USDA-certified, 100% organic cultivator of produce and, following the Village Farms (VFF.C) model, cannabis is a recent addition to the company’s list of offerings. SOL Global…
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![Globe & Mail’s cannabis edibles survey concludes writer has “unhealthy coping strategies”]()
Globe & Mail’s cannabis edibles survey concludes writer has “unhealthy coping strategies”
I smoke weed. I imbibe THC/CBD tincture. When I’m in Los Angeles, I eat cannabis infused mints made by Plus Products (PLUS.C). Although I’m no model of efficiency, I do manage to meet fiscal and emotional obligations to a variety of a business interests and family relationships. If 10 is “Superstar” and 1 is “Useless”…
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Chemesis (CSI.C) adds 3 dispensaries and a hemp cultivation license
Some of our clients are too quiet. They’ll go months without putting out a press release. When we call to verify that there’s still someone in the office, we’ll receive a riveting impromptu verbal update. Other clients are too noisy. Yes – it’s good to keep the name of your company in the news. But…
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Around the world in 80 J’s: A narrative guide to the best growers and showers across the globe
The following is very real, first-hand account of one explorer’s exploits around the world in pursuit of the finest cannabis flowers the Earth has to offer. Never before has such a journey been attempted…until now. Mr. Phineas Choom worked at 1201 West Georgia Street, Vancouver, a building in which some of the aptest and edgiest…
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CannTrust (TRST.T) sacks workers, calls it ‘commitment to regulatory compliance’
There’s an old damage control routine that goes, instead of admitting you have a problem, you focus on how you’ve fixed the problem you had, so the interested observer focuses on your fix and not your initial incompetence. CannTrust is at that chapter in their Damage Control 101 textbook. In a news release titled, “Canntrust…
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Why legal cannabis in BC is completely fucked, and literally the worst system in Canada
I had an idea a few weeks ago, one that I hadn’t bothered with sooner because, truth be told, I’m not a weed guy. I like the investment opportunity, and I’ve lately taken to the wonderful effects of CBD, but I’m not much of a straight up weed dog. But hey, I thought, I keep…
