Category: Cannabis
-
![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…
-
![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…
-
Vapen (VPN.C) drops financials showing another quarter of actual profits
I’ll say it. Vapes aren’t as fashionable on the cannabis investor markets as they once were. Right now you guys really like, well, nothing, but a few years back, if you went to Alibaba Express and got a shipping container of pink vapes sent over by the guy who usually does fidget spinners, the markets…
-
Canopy Growth (WEED.T) gives GTEC Holdings (GTEC.V) time extension to finance growhouse acquisition
Their share price has never reflected it, but boy howdy do GTEC Holdings (GTEC.C) manage to nail milestones. “We’re going to get a cultivation license!” Nailed it. “We’re going to get a processing license” Nailed it. “We’re going to get a sales license!” Nailed it. “We’re going to get another cultivation license!” Nailed it. By…
-
Gaia Grow (GAIA.V): big hemp acreage, tiny market cap
Snap quiz: Name a hemp company with the following characteristics: Stumped? Meet Gaia Grow (GAIA.V) a little-known, new entry to the hemp space, with 1,494 acres growing in southern Alberta. If you believe in omens, GAIA received an early agricultural blessing when its first crop experienced warm intermittent rains, accelerating the growth rate of the…
-
![Isodiol International (ISOL.C) trims fat and shows upward trend but is it too late?]()
Isodiol International (ISOL.C) trims fat and shows upward trend but is it too late?
Full disclosure: Isodiol International (ISOL.C) was previously an equity.guru marketing client and we have no issue being honest about it. We politely told Isodiol it had some issues which needed to be addressed and we did not ask to renew our contract, though we have been watchful for any indication of potential turn in their business…
-
Most big LPs followed Canopy Growth’s (WEED.T) road to hell… Supreme (FIRE.T) is running the other way
Last week, after telling investors they weren’t going to release their quarterly financials until 8pm Eastern, Canopy Growth Corp (WEED.T) pulled a fast one and tossed them out early, likely expecting we weed investor types would be home asleep, stoned, trying to figure out which Indian joint could deliver a biryani to our laps,when their…
-
![GTEC Holdings (GTEC.C) puts Tumbleweed grow-op into production]()
GTEC Holdings (GTEC.C) puts Tumbleweed grow-op into production
On August 19, 2019 GTEC Holdings (GTEC.C) announced that its 100% owned Tumbleweed Farms has been granted a “Standard Cultivation, Processing and Medical Sales Licences, pursuant to the Cannabis Act and Regulations by Health Canada.” Tumbleweed is a purpose-built cultivation facility located in Chase, British Columbia – named after an American, Whitfield Chase, who worked…
-
![The Tinley Beverage Company’s (TNY.C) California distribution leaves 2018 woes in their rear-view mirror]()
The Tinley Beverage Company’s (TNY.C) California distribution leaves 2018 woes in their rear-view mirror
The Tinley Beverage Company (TNY.C) has shipped more than $200,000 worth of products to California distributors’ facilities in June and July. This latest batch completes the long saga that began with a production stoppage in the dying months of 2018 when they were forced to hold back orders of their cannabis-infused non-alcoholic beverages for repackaging…
-
Lexaria (LXX.C) recieves a…R&D license?
Earlier this week, a subsidiary of Lexaria Bioscience (LXX.C) received a R&D license from Health Canada, prompting the question, ‘we have those?’ “You were as surprised as we were,” said Alex Blanchard, communications manager for Lexaria. Lexaria isn’t your average grower. The company is much more of a tech-play, developing new delivery systems for nicotine, vitamins,…
