Category: Cannabis
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Sproutly (SPR.C) doubles on revelations of beverage partner negotiations/license granting
Oh, how you laughed. “Sproutly?” you exclaimed. “A cannabis beverage company? Right. Okay. Sure.” Then you chuckled as you turned your back. Who’s laughing today? Sproutly (SPRT.C) has sat churning since late November, down a half from where it opened its life on the Canadian public markets, with no amount of news about good people…
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Cresco Labs’ (CL.C) no-premium acquisition offer of Origin House (OH.C) is… alright
This morning, Chicago-based Cresco Labs (CL.C) announced it would be acquiring Origin House (OH.C) (formerly CannaRoyalty) in an all-stock deal worth CAN$1.1 billion. The offer comes in at CAN$12.68 per Origin House share. Origin House closed Friday at $12.05, which leaves the premium on the deal being less than amazing. In fact, the stock has…
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Cannabis Life Sciences (CSE:CLSH.U): The US multi state operator value pick
I love it when the market is busy fighting over inflated market caps, because I’m a Moneyball guy. I like value, and while a lot of money has moved toward Canadian cannabis operators in recent years, the size of the market down south is only now starting to become clear. There’s still some value floating…
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Supreme Cannabis (FIRE.T) doubles production capacity
In Rock & Roll, the 3-chord song (tonic, subdominant, and dominant) – sometimes called the “I, IV and V” – is considered the most elegant structure. If Supreme Cannabis was a Rock & Roll song, here are its 3 chords: l – grow premium weed lV – brand premium weed V– sell premium weed On…
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![Westleaf (WL.V) cannabis concept is music to the ears]()
Westleaf (WL.V) cannabis concept is music to the ears
In his influential 1949 book: The Organization of Behavior, Canadian psychologist Donald Hebb theorized that “one thought is more likely to trigger another thought” if those two thoughts are linked together multiple times in the past. This concept has been employed to good effect in the world of branding. When a Bronx, NY ice-cream manufacturer…
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iAnthus (IAN.C) in pole position as New Jersey green-lights legal rec weed
On March 12, 2019 New Jersey legislators joined Democratic Governor Phil Murphy to announce a bill legalising adult-use marijuana in the Garden State. Murphy spent 23 years clawing his way up the corporate ladder at Goldman Sachs (GS.NYSE), eventually becoming global co-head of the $370 billion Investment Management Division. The legislation permits municipalities to collect…
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Yield Growth Corp (BOSS.C) secures hemp/oil facility, pays cash for it like a boss
In this era of companies looking to buy low value/high priced assets as expensively as possible to ensure ponzi-like market cap bumps, I can appreciate when a company finds a reasonably priced asset with real world revenues and functionality, that one can see for ones self if one takes a drive down Highway 1. I…
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![Westleaf (WL.V) brings prairie focus, first nations connections, novel ideas]()
Westleaf (WL.V) brings prairie focus, first nations connections, novel ideas
I first heard about the Prairie Records cannabis retail business model mid last year. And my first thought upon seeing it was, this will never be allowed. Basically, instead of keeping everything behind glass and having consumers guess as to what weed they’re looking at and what it will do, Westleaf’s retail model is to…
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Cannara Biotech (LOVE.C) makes MedMen look like a charitable institution
Cannara Biotech (LOVE.C) is a pig. I mean, okay. Pigs are actually kind of cool, they’re smart and bacon tastes good and they like a tummy rub, so Cannara is not actually a pig. But it is a trap for your money, and you should ideally not play with money traps because their sole purpose is,…
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Aphria (APHA.T) ‘Special Committee’ confirms short seller conflict of interest allegations
Several months ago, Aphria (APHA.T) lost a good chunk of its worth when short sellers accused the company executive and board of (in a nutshell) feathering their own nests by agreeing to acquire properties from themselves, for much inflated prices. Today, after a ridiculously long wait which involved the CEO stepping sideways from his position…
