Category: Cannabis
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![The numbers: Pure Extracts (PULL.C): Q3 sees net loss but books revenue for the first time.]()
The numbers: Pure Extracts (PULL.C): Q3 sees net loss but books revenue for the first time.
Ouch! This looks like it hurt. Pure Extracts has a market cap of $37.94 Million, is down -39.84% Year to Date, but up 24.19% in the last three months. Marketwatch has a “Buy” rating for the company. In terms of technicals, I favor the upside. Why? (Link to the full write up) – Vishal Toora…
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![Sixth Wave (SIXW.C) completes DFM and begins delivery of first Affinity System to AESI]()
Sixth Wave (SIXW.C) completes DFM and begins delivery of first Affinity System to AESI
Sixth Wave Innovations (SIXW.C) announced that they have completed the initial Design for Manufacturing (DFM) of their Affinity System. They also announced that they commissioned the delivery of the first system to Advanced Extraction Systems Inc. (AESI) in Charlottetown, PEI, and has given AESI approval of the design and bill of materials. The Affinity system…
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![Bruce is on the loose again after Red Light Holland (TRIP.CN) & Creso Pharma (CPH.AX) merger]()
Bruce is on the loose again after Red Light Holland (TRIP.CN) & Creso Pharma (CPH.AX) merger
Everyone who went near a cannabis stock has probably seen or heard of Bruce Linton. He was a charismatic guy who rarely wore more than a t-shirt and jeans. Linton led the Canopy (CGC.Q) through 16 rounds of financing, 31 acquisitions, and $6 billion of capital raises, including a $5 billion investment by Fortune 500…
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![Harborside (HBOR.C) finishes improvements on Salinas cannabis production facility]()
Harborside (HBOR.C) finishes improvements on Salinas cannabis production facility
Harborside (HBOR.C) announced they have completed substantial improvements on their Salinas production facility. Their facility, located in Salinas, California, is a 47-acre integrated production campus, and the upgrades being announced are to their 45,000 square foot greenhouse. The upgrades included, among other things, the installation of blackout curtains, supplemental LED grow lights, and the incorporation…
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![Pure Extracts Technologies (PULL.C) signs a new white labelling deal with FLO brands for vape products]()
Pure Extracts Technologies (PULL.C) signs a new white labelling deal with FLO brands for vape products
Pure Extracts Technologies (PULL.C) subsidiary Pure Manufacturing cut a custom manufacturing and white labelling deal with Richmond, B.C.-based FLO brands for the launch of a line of cannabis vape products earlier this week, according to a press release. FLO brands creates brands for cannabis-based products using B.C. finest genetics. The agreement requires the initial production…
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![Delic (DELC.C) acquisition target completes $3.43 million private placement]()
Delic (DELC.C) acquisition target completes $3.43 million private placement
Delic Holdings (DELC.C) announced that their acquisition target, Complex Biotech Discovery Venture (CBDV), has closed their previously-announced non-brokered private placement. The private placement consists of 11,441,189 CBDV Subscription Receipts sold at $0.30 each. Every subscription receipt will grant its holder one common share of CBDV and one warrant, exercisable at $0.40 for 24 months after…
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![Harborside (HBOR.C) receives approval for retail sales at San Leandro dispensary]()
Harborside (HBOR.C) receives approval for retail sales at San Leandro dispensary
Harborside (HBOR.C) announced it has received approval from the California Bureau of Cannabis Control to begin retail sales at San Leandro Wellness Solutions (SLWS) dispensary. This approval allows them to move forward with their previously announced plans for SLWS, when they decided to transition from a medical use to an adult-use dispensary. As they previously…
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![Pure Extracts Technologies (PULL.C) enlists Cannavolve to widen their distribution reach]()
Pure Extracts Technologies (PULL.C) enlists Cannavolve to widen their distribution reach
Pure Extracts Technologies (PULL.C) subsidiary Pure Extracts Manufacturing pulled in an agreement with adult recreational cannabis retail sales agency, Cannavolve, today, according to a press release. Cannavolve offers a cannabis sales solution and will take care of sales in the field, including in-store product training for Pure Pulls Vapes and Pure Chews. “With approximately 2,000…
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Revive Therapeutics (RVV.C) files for FDA Orphan Drug Designation for psilocybin in traumatic brain injury
“Psilocybin offers a potential solution to manage moderate to severe cases of TBI,” stated RVV, “Psilocybin has the potential with its neuroreparative effect to improve loss of cognitive function after TBI lessening disability”.
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Harborside (HBOR.C) books 2020 revenues of $63 million – 130% of its market cap
Harborside’s full year 2020 gross revenues expanded 29% year-over-year to $63.4 million.
