Category: Cannabis
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![Experion (EXP.V) CEO Jay Garnett lays out a stunningly simple master plan]()
Experion (EXP.V) CEO Jay Garnett lays out a stunningly simple master plan
A scrappy pioneer industry like cannabis attracts CEOs with diverse backgrounds. Before becoming a weed titan, Bruce Linton, the CEO of Canopy Growth (WEED.T) was an IT executive. Adam Bierman, the CEO of MedMen (MMEN.C) was a health & wellness marketer. Brendan Kennedy, the CEO of Tilray (TLRY.Q) was the COO of an analytics co.…
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Plus Products’ (PLUS.C) Q2, 2019 financials reveal $34 million war chest and surging revenues
On August 30, 2019 Plus Products (PLUS.C) released its unaudited financial & operational results for the three and six months ended June 30, 2019, expressed in U.S. Dollars. Today, Tuesday September 3, 2019, by mid-morning, PLUS stock is up 3%. Plus Products’ Q2, 2019 revenues increased 125% Over Q2 2018 to $3.6 Million. The company’s cash…
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Former Zenabis (ZENA.T) CEO flushing stock hard: 1 million shares down, 23 million to go?
Zenabis (ZENA.C) has four cannabis grow facilities. And it has four licenses. And it says it’s building out 2.75 million square feet of grow space. Amazing. All of those things are things you’d like to see a cannabis company doing. So why is the stock chart this? Well, most cannabis companies are having at least…
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The cannabis bubble Canopy Growth (WEED.T) created is now the tsunami killing everyone
The cannabis bubble is not yet bursting, but the likelihood that it will go by the time you read this is high. The markets are wobbling hard for a multitude of reasons, but the cannabis sector is reeling because the bellwether cannabis stock, Canopy Growth Corp (WEED.T) is in freefall. Other companies that exist as…
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Innovative Industrial Properties (IIPR.NYSE): beautiful chart, beautiful biz model
“A journalist who has sworn to tell the good AND the bad – brings an extra level of legitimacy.” – Equity Guru principal Chris Parry. “The cannabis bubble is not yet bursting, but the likelihood that it will go by the time you read this is high,” stated Parry in an August 28, 2019 midnight…
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![How GTEC Holdings (GTEC.V) found itself down but not out]()
How GTEC Holdings (GTEC.V) found itself down but not out
GTEC Holdings (GTEC.V) is in a bind. In other words, it’s down. Its own management would, and did, say as much. An article posted last month by thedeepdive.ca titled “Is GTEC Holdings Essentially Bankrupt?” called into question the company’s cashflow issues and its declining share price. What was GTEC CEO Norton Singhavon’s response? “I thought the points they…
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“We do not wish to comment further on the dead fish situation,” says HEXO (HEXO.T)
Earlier this month, a news blurb all of 184 words published by thecannabisstock.com ran with the headline, “HEXO is officially not responsible for the death of thousands of fish in Gatineau,” raising more questions than answers. HEXO (HEXO.T) tersely responded to an inquiry regarding the events which unfolded this August, saying only “We do not…
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![Podcast: Black-market weed consumer: “I’d buy from the Hells Angels before I buy from the government”]()
Podcast: Black-market weed consumer: “I’d buy from the Hells Angels before I buy from the government”
On August 15, 2019 Statistics Canada released an avalanche of new data on the habits of the five million Canadians who consumed cannabis during Q1 and Q2, 2019. Home grown cannabis supplied 8% of the market. Thirty-seven percent of users said that they used cannabis that they got from friends and family. Women claimed to have…
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![Zenabis (ZENA.T) to pay through the nose for $50M loan and we’re just getting started]()
Zenabis (ZENA.T) to pay through the nose for $50M loan and we’re just getting started
Zenabis (ZENA.T) has taken on an additional $25M loan in secured debt financing, bringing their senior secured debt load to $50M. This new loan bears interest at a rate of 14% per annum, amounting to $7M annually, and will have a maturity date of June 30, 2020 according to the Zenabis press release. Additionally, Zenabis…
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![Fear and loathing in the cannabis space: Get off 48North’s (NRTH.V) dick already]()
Fear and loathing in the cannabis space: Get off 48North’s (NRTH.V) dick already
The most important phase of the life cycle of any ecosystem is where the inhabitants realize they can get sustenance and advantage from killing the lifeforms around them, rather than cohabiting. Monkeys turn cannibal when food supplies are low, ants go to war with other ants, ivy strangles the trees hosting it, influenza kills the…
