Category: Cannabis
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Pasha Brands (CRFT.C) board of directors is a who’s who of cannabis stars
I can count on one finger the number of times I’ve looked at a board of directors announcement and thought ‘wow’. That count is currently at one. Pasha Brands (CRFT.C) has killed it out of the gate with a board consisting of Patrick Brauckmann, Rosy Mondin, Scott Walters, and Hugo Alves. You either know those names or you’re…
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CLS Holdings (CLSH.U) reports another record-setting month with 85% revenue surge
CLS Holdings USA (CSE:CLSH.U) just topped $1 million in monthly sales. On Wednesday, the Las Vegas-based holding company behind Cannabis Life Sciences and Oasis reported a record-setting month of May with revenues surging across all major business streams. Record-breaking month In an official press release, CLS Holdings reported system-wide revenue of $1,058,867 U.S. in May,…
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Experion Biotechnologies (VIR.V) starts telling its story, and you get the savings!
Jay Garnett from Experion Biotechnologies (VIR.V) has precisely zero f’s to give about building a million square feet of cannabis grow. He’s not buying a hemp farm in the Outer Hebrides, or a license application in Mongolia, or a mega greenhouse near the airport in Nunavut. He’s got a ten acre property in BC with…
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Namaste Technologies (N.V) finally posts financials, and they’re rife with bad scenes
If there’s anything good in the financial statements just posted by Namaste Technologies (N.V) – last thing on a Friday afternoon, naturally – it’s that they have a lot of cash, and we finally know just how badly the company was being run last year, before CEO Sean Dollinger was turfed out. The highlights aren’t…
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Vapen MJ (VAPN.C): What if you built a weed company that actually made money?
I know what you’re going through. Yet another cannabis company going public. Holy smokes, does it never end? What are we at now, 300+? That was certainly my feeling when I walked into the offices of the folks bringing Vapen MJ (VAPN.C) public. ‘Vapes?’ I wonderd. ‘Who’s doing vapes these days?’ “We are, and we’re…
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Biome Grow (BIO.C) Q1 financials shows benefits of even-handed management and sustainable growth
Biome Grow (BIO.C) has just released its Q1 financials and confirmed what we already knew about management: it’s preference of responsible growth at a defensible rate. The quick ratio is a good metric to apply to developing small-cap companies like Biome Grow. It measures a company’s short-term liquidity and gauges their ability to meet its…
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Millennial opioid-users are buying Aurora Cannabis (ACB.T) on a free app
According NEJM Journal Watch – a physician-focused website – “20% of deaths among U.S. adults aged 25 to 34 years are related to opioid use.” US millennials are dying so fast that life expectancy has declined for two years in a row, the first time that’s happened in 50 years. 12% of Millennials reported using opioids to…
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Cannabis One (CBIS.C) kicks shareholders in the nuts
The executive team at Cannabis One (CBIS.C) may want to invest in some damage control experts going forward because shareholders are raging at them right now on social media over their actions (and inactions) of the past week. Despite ongoing newsflow that showed the company acquiring properties and closing deals, the CBIS share price has…
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AgraFlora (AGRA.C) sells non-core assets to ICC Intl (WRLD.U), will focus on 2.2m sq ft greenhouse
Regular readers know I’ve been critical of ICC International (WRLD.U) for some time, but news today the company would purchase AgraFlora Organics’ (AGRA.C) Colombian pharmacy assets brings me a rare opportunity to applaud both players in the deal. ICC International Cannabis Corp. (CSE: WRLD.U) is pleased to announce that the Company has entered into a…
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Emerald Health (EMH.V) director stands down over security clearance issues
Buried in a news release discussing a shares-for-cash payment to an acquisition target, Emerald Health (EMH.V) stated Monday it is losing a board member over Health Canada security clearance concerns. Punit Dhillon is a self-described ‘life science thought leader‘ who likes to give TED Talks and has been involved with several biomedical companies on North…