Category: Cannabis
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Five distressed weed companies fired their CEOs – did it help? (OGI.T, ASNT.C, APHA.T, N.V, WEED.T)
Winning sports teams rarely fire their managers. Losing ones always do. Sometimes a new manager can reverse the fortunes of a losing team. Example: When $3.1 billion Manchester United fired its pompous toxic manager, Jose Mourinho, in December 2018, the club was in a woeful 6th place – having lost 45% of its games that season. After…
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CannTrust (TRST.T): If you’re buying the bounce, you’re playing a dangerous game
Cannabis investors are a different breed. They’re amped way higher on positivity, cynicism, self belief, and sorrow, prone to the sort of mania that baseball card, Cabbage Patch Kid, and tulip enthusiasts know in their plums. When cannabis investors love a stock, there’s almost no amount of negative due diligence, blown up market cap, or…
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Khiron Life Sciences (KHRN.V) is still the only Colombian company with revenue from legal cannabis
Khiron Life Sciences (KHRN.C) is the only Colombian cannabis company generating revenue from legal production. We checked. After the acquisition of ILANS and the launch of the cosmeceutical brand, Kuida, Khiron is in a league of its own. There is an endless stream of cannabis companies trying to establish market share in Latin America, including…
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UPDATE: CannTrust (TRST.T) should lose license over illegal pot growing/shipping scandal
The precedent has been set. When Ascent Industries (ASNT.C) lost its Canadian LP licensing over product that had allegedly found its way into the grey market, the regulators at Health Canada – rightly – didn’t hold back. They investigated publicly, loudly, and ultimately de-licensed the company, running the brains trust out of town on a…
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![Hemptown buys FDA-approved plant with $6 mil/year existing revenue]()
Hemptown buys FDA-approved plant with $6 mil/year existing revenue
I once consulted with a veteran CEO (potash, lithium, tech, gold) who told me, “Before I take a company public, I’ve got 60 press releases written in my head”. Since the man had created over $1 billion in enterprise value, I wasn’t going to argue with his roll-out template. His idea: you don’t take a…
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![Jay-Z: what does a billionaire cigar-smoker know about selling weed?]()
Jay-Z: what does a billionaire cigar-smoker know about selling weed?
Yesterday, San Jose based cannabis company Caliva announced that it has hired Jay-Z as a Chief Brand Strategist to help it penetrate California’s massive but ultra-competitive legal marijuana industry. Caliva is a private company that operates a weed farm and has two retail outlets in Northern California. It also sells flower, pre-rolled joints, vaporizers, edibles…
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![Khiron (KHRN.V) expands medical cannabis network in Latin America]()
Khiron (KHRN.V) expands medical cannabis network in Latin America
Client companies come to us in a number of different ways. Sometimes because they’ve read our articles. Sometimes because they respect the journalistic chops of our boss Chris Parry. Sometimes, they’ve been referred to us by another client. Occasionally, we go to them. This is what happened late last year, when Equity Guru’s own Ethan…
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![Growing Gurus: ESG, ethical investing and shareholder activism]()
Growing Gurus: ESG, ethical investing and shareholder activism
So you want to be an ethical investor, but soulless multinationals like Exxon Mobil and Walmart have you put off from the capital markets. If this is you, know you’re not alone. But, dear investor, herein lies a problem: large successful companies, the safest stocks to invest in, are the most, for lack of a…
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![GTEC Holdings (GTEC.C) subsidiary Grey Bruce Farms snares Health Canada cultivation license]()
GTEC Holdings (GTEC.C) subsidiary Grey Bruce Farms snares Health Canada cultivation license
GTEC Holdings (GTEC.C) joins the slender ranks of companies in the cannabis space with multiple licenses at hand, with the news Friday afternoon that it’s Grey Bruce Farms subsidiary has been granted a cultivation license by Health Canada. Run by long time cannabis advocate Deb Howlett, the newly license brings another woman into the cannabis…
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Marijuana update: Where the blood runs hard, look for the guys with swords
“There are times […] when even being right feels wrong. What do you say, for instance, about a generation that has been taught that rain is poison and sex is death? If making love might be fatal and if a cool spring breeze on any summer afternoon can turn a crystal blue lake into a…
