Category: Cannabis
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![GTEC Holdings (GTEC.C) snares Canopy Growth (WEED.T) grow facility in BC for $13m]()
GTEC Holdings (GTEC.C) snares Canopy Growth (WEED.T) grow facility in BC for $13m
As Canopy Growth Corp (WEED.T) retools in the wake of CEO Bruce Linton’s firing earlier this month, buzz on Cannabis Street was that there’d be assets flipped to help get the weedzilla back to its core business. Today we saw the first volley as GTEC Holdings (GTEC.C) bought a Kelowna, B.C. expansion site from Canopy…
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Pasha Brands (CRFT.C) targets Ontario for craft cannabis expansion
Craft cannabis aggregator Pasha Brands (CRFT.C) is planning to enter Canada’s largest consumer market. On Monday, Pasha Brands announced it has submitted a formal application to the Ontario Cannabis Store (OCS) to bring its collection of isolates, cannabis oils, vape pens, craft cannabis flower and CBD-infused skin care products to the province. The OCS claims…
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Berz-Erka: Livewell unhalts after 8 months as Eureka 93 (ERKA.C), rolls back 15:1, loses 90% of its value
We talked to the folks behind Livewell a lot, back in the day. Seemed a good deal, certainly a team that talked a good game. Even bought a little personally. But there was always a coda attached. The projections and plans were big. Maybe too big. Here’s me, the first time I covered them. Little…
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Namaste (N.C) drops 2x financials, and they’re trash: Also, duh
Namaste Technologies (N.C) has been working hard to get Q1 financials together for some time, a task made harder by the fact their previous CEO, a sentient man-bun with arms and legs by the name of Sean Dollinger, ran the company in the manner of a Kowloon brothel. Namaste, was at one point announcing new…
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Plus Products (PLUS.C) dominates California edibles market
On July 17, 2019 PLUS Products (PLUS.C) announced “a new look” for its line of low dose cannabis infused edibles. It’s not intuitively obvious what was wrong with “the old look”. During Q4, 2018 Plus had three of the best-selling branded cannabis products in all categories including flower, vaporizers and edibles. According to BDS Analytics…
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![Aurora Cannabis (ACB.T) comes out on top in Italian tender, but debt looms heavy]()
Aurora Cannabis (ACB.T) comes out on top in Italian tender, but debt looms heavy
Aurora Cannabis (ACB.T) has been named as the sole winner in the Italian medical cannabis tender process, an announcement tempered by worries over the company’s mounting debt and disappointing revenue. On July 18, Aurora fell 1.2% after Bank of America (BAC.NYSE) downgraded the stock’s rating to “neutral” from “buy.” Bank of America analyst, Chris Carey, described Aurora…
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![Supreme Cannabis (FIRE.T) gets serious about weed 2.0 with Truverra acquisition]()
Supreme Cannabis (FIRE.T) gets serious about weed 2.0 with Truverra acquisition
On July 17, 2019 Supreme Cannabis (FIRE.T) announced that it has signed an “acquisition agreement” to gobble up all the shares of a privately-held Truverra Inc. Supreme will be handing over 14.7 million FIRE shares, giving the deal a dollar value of $20 million based on FIRE’s “closing price on July 16, 2019”. Editor’s note:…
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SUPREME DAY: Absurdly under-valued Supreme Cannabis (FIRE.T) takes over Equity.Guru
Since I’ve known and been covering former Supreme Cannabis (FIRE.T) CEO and current President John Fowler, I’ve referred to him as the T-1000. The name, initially anyway, was just a throw away line. But it stuck over the years, because I wasn’t the only one who saw him as part man, part machine, all unstoppable.…
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Balance sheet breakdown: Supreme Cannabis’ (FIRE.T) fundamental supremacy
Supreme (FIRE.T) is an office darling for a few reasons, but none more so than the fact it’s a company you can be proud recommending to friends and family. I know I am. The company’s mission statement is sustaining disciplined growth while delivering high-quality products. Disciplined growth. The wingbeats of cherubs never sounded so sweet. Listen, I…
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5 reasons I’m NOT selling my Supreme Cannabis (FIRE.T) shares
Some days I wish I was a “pure numbers guy”, so I could dispassionately analyze financial data – and base my investment decisions solely on that. But I’m not that guy. I invest in companies that I admire. On August 28, 2018 I wrote an article about Supreme Cannabis (FIRE.T) in which I pointed out…
