Category: Cannabis
-
Wayland Group (WAYL.C) crumbles, to RTO with illiquid crypto company, CEO Ben Ward dumped
Canadian licensed cannabis producer The Wayland Group (WAYL.C), formerly Maricann, currently halted for not being able to get their financials through three different audit teams, has succumbed. Long halted at $0.74 in Canada, though still trading on the US OTC at C$0.26, Wayland announced late Friday night, when most people were either asleep or into…
-
![Chemesis (CSI.C) smacks another double]()
Chemesis (CSI.C) smacks another double
Ichiro Suzuki – a recently retired major league baseball player – hit only 117 home runs in 9,934 career at bats. That’s a 1.2% home run success ratio. Yet Suzuki is considered one of the most effective batters ever to play the game. Why? Because he specialised in singles, doubles and triples (short, sharp, surgical…
-
![iAnthus’ (IAN.C) “Super Regional Footprint” just grew another toe]()
iAnthus’ (IAN.C) “Super Regional Footprint” just grew another toe
On August 1, 2019, iAnthus Capital (IAN.C) provided an operational update for GrowHealthy, the company’s Florida medical marijuana operation. GrowHealthy is about to open its 6th store in Florida. This 4,000 sq. foot location will serve the Miami-Dade County population of approximately 2.7 million. With operations in 11 states, including 23 dispensaries: Arizona (4), Maryland…
-
Aphria (APHA.T) stuns cannabis sector, runs a quarterly profit – up 35%
Just 48 hrs after I posted my ‘can we get some freaking adults into this weed space‘ screed, Aphria (APHA.T) has responded with a quarterly profit. An actual quarterly profit. Let’s be clear: I had nothing to do with that, other than maybe sensing a sector change in thinking that the Aphria folks have embraced,…
-
![New hemp listing Gaia Grow (GAIA.V) plants 1,494 acres in Canada]()
New hemp listing Gaia Grow (GAIA.V) plants 1,494 acres in Canada
Gaia Grow Corp. (GAIA.V) (formerly Spirit Bear Capital) announced that effective August 1, its shares will be trading on the TSX Venture Exchange. Gaia Grow has 200.2 million shares outstanding. A July, 2019 capital raise was completed at $0.10, bringing its market cap to $20.2 million (about 124.7 million, or approximately 62%, of outstanding shares are locked up in various escrow…
-
![Vapen MJ Ventures (VAPN.C) CBD inhalers offer an alternative]()
Vapen MJ Ventures (VAPN.C) CBD inhalers offer an alternative
Vapen MJ Ventures (VAPN.C) knows that inhalers are a perfect alternative to ingesting cannabis for people who cannot stand smoking weed, and that’s why they’ve released their line of CBD-inhalers this week. Traditionally, inhalers are associated with asthma and other respiratory ailments, but Vapen has taken the technology and bent it to their will. And…
-
Marijuana update: No, the market isn’t getting killed… we’re just not rewarding bullshit anymore
Top tip: You guys out there whining about ‘the market’ being down are finding excuses for the wrong problem. Folks be running about with their hair on fire right now, pointing to a sky that for sure is falling because a few of their favourite weed stocks have come off absurd highs and what if…
-
GTEC Holdings (GTEC.C) subsidiary gets a sales license, makes product available nationwide
It’s like clockwork, every damn Friday afternoon. I think I’m getting out early to enjoy the weekend, anticipating the chance to get shittered on negronis, only for Health Canada to drop one of their usual Friday afternoon updates on their list of cannabis licenses. And, as per usual, it’s GTEC Holdings (GTEC.C) that’s getting another…
-
![Hemptown Organics opens financing to non-accredited investors]()
Hemptown Organics opens financing to non-accredited investors
A few years ago, we wrote one of our defining pieces at Equity.Guru, an article that opened a new world up for a variety of investors, and introduced them to a pre-public listing deal that, for a change, was opening up to the little guy. So you missed Canopy/Tweed coming to the market. You stood…
-
Heritage Cannabis (CANN.C) signs monster deal with Cronos (CRON.T)
On July 25, 2019 Heritage Cannabis (CANN.C) announced a vape-device deal with the $6.6 billion Cronos Group (CRON.T). Heritage will fill and package vaporizer devices for the Canadian rec and medical markets. Specifically, vape fulfillment for the Spinach and PEACE NATURALS brands, “utilizing multiple unique and proprietary formulations provided by Cronos Group.” The deal has…
