Category: Cannabis
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Sold out: Which Canadian cannabis brands are winning on day one?
Recreational cannabis is legal in Canada, praise Jesus. But anyone who thought pre-rolls would be falling from the sky on day one is living in a fantasy world. Queues are long, stores are already running out of hot sellers, and online traffic is proving hot with looky-loos. Assuming you can find a store that is…
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Green Organic Dutchman (TGOD.T) must burn for a few days in order to regrow, bigger and better
A reader asked us a few days ago why The Green Organic Dutchman’s (TGOD.T) stock was plummeting over the last few weeks. It’s a fair question. While we were coming up with an answer, TGOD got its sales license. “We have been perfecting our organic grow methodology in Ancaster and are prepared for the Q1…
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MedMen (MMEN.C) blows out stock to buy 10 dispensaries, three weed farms in Pharmacann deal
In news that pushed MedMen’s (MMEN.C) share price to new highs, the red shirt crew have announced they’re buying US based Pharmacann LLC for $682 million… or, rather, $682 million of MMEN stock, as of October 9. Mind you, the news drove the company share price up significantly, meaning the actual price now being paid…
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Organic Wednesday: Rubicon Organics (ROMJ.C) debuts on market as Organigram (OGI.V) finally gets re-certified
If you’re the kind of investor who applies added value to a cannabis company that grows a premium product, that company growing an organic product is likely a big deal to you. And the company being actually certified as organic is likely an even bigger deal. If those two things are true for you, then…
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1933 Industries (TGIF.C) vs 1964 Supply Co (Rubicon): Will heritage/art branding land with consumers?
We’ve written a lot about branding as it pertains to the cannabis space, and the challenges that will face any licensed producer as it transitions from growing to marketing to retail. Those challenges are plentiful; chiefly among them, you’re not allowed to market your weed brand in Canada. Can’t do it. Against the law. Not…
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Tilray (TLRY.Q) plummets $9.76 after insano run, because shorters are animals
When a new listing goes on a $25 to $95 run in the space of nearly three weeks, the forces of gravity building up over the top of it are always going to collect to breaking point. Observe Tilray (TLRY.Q), which IPOed on the Nasdaq at US$17 per share, and then went on the rip…
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Canopy Growth Corp (WEED.T) has $5 billion to buy something: What’s on the list?
I’ve written this story three times in as many days, because every time I get to the bottom and am ready to post, the valuations of everything seem to have changed. So, to hell with it: I’m sticking the landing on this version. Time for Equity.Guru to veer off market news and into fantasy sports…
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Green Organic Dutchman (TGOD.T) organic CBD acquisition is a Euro ‘Hempco’ (HEMP.V)
The market has kinda shrugged at it, but The Green Organic Dutchman (TGOD.T) put out news yesterday they’re acquiring a significant European organic CBD oil brand, with associated licensed flower and seed production, consumer product lines, and multi-country distribution. It’s not a cheap deal, but they’re not buying a pipe dream. They’re buying legit players.…
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Maricann (MARI.C)’s CEO not letting OSC investigation and delayed prospectus get in his way
Ontario-based cannabis cultivator Maricann Group has big plans. Despite ongoing expansions at the company facilities in Ontario and Germany both being “fully funded,” a pubco can always use some cash. Maricann reports selling dope produced in their Ontario facility consistently to the medical market. With the rec market right around the corner, destined to soak…
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MedMen (MMEN.C) legal demands clearer: Half a billion dollars from EquityGuhahahahaha
The Streisand Effect is what happens when a person or company sends out legal threats to stop people from seeing something and, in turn, makes that thing they didn’t want seen go viral. MedMen’s lawyers probably should have talked to their clients about this before they started sending us weird legal demands because wow, you…