Category: Cannabis
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Ascent Industries (ASNT.C) lands on the CSE Thursday: You’ll want to dig in on this
A few years back, when Health Canada wasn’t really handing out cannabis grow or sales licenses, I attended a meeting in a crappy chain restaurant by the highway in North Richmond. That meeting was packed. It was a collection of MMAR growers, folks who owned unused warehouses, rampant weed activists, accountants who were ready for…
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iAnthus Capital (IAN.C) bucks the downward weed trends with US dispensary plans
I missed it. Y’all can point and laugh, but when folks said to me a year ago, “Hey, what about iAnthus Capital?” (IAN.C), I shrugged and said, “I can’t keep an eye on everyone,” and went back to my toys because it was small and US focused and meh. iAnthus, to me, back then, was…
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Aurora (ACB.T) breaks $7 support; ABcann (ABCN.V) acquires Canna Farms & launches sexy rec brand
Today Aurora Cannabis (ACB.T) closed at $6.81 CAD on 20.6 million shares traded. The is the first time Aurora has closed below the $7 support level since December 7th, 2017. It bounced off of that support level in February, April, and May, going on trough-to-peak runs of 59%, 29.3% and 46% respectively, each time it…
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Biome Grow (OAA.C) adds former Moosehead Brewery president as director
You can’t buy stock in it on the markets yet but the growing Sasha Jacob/Khurram Malik-steered cannabis play Biome Grow (soon to be RTOed into OAA.C) is adding to its roster with a name that announces some fairly serious intentions, according to news dropped Monday. Orca Touchscreen Technologies Ltd. target Biome Grow has appointed Steven…
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TGOD vs. NIMBYs; LP max size expansion amendment nixed by Hamilton City Council, Dutchman appeals
As has been widely reported, a zoning amendment proposal brought forward by The Green Organic Dutchman and recommended by the City of Hamilton’s Planning Committee was defeated by vote of Hamilton’s City Council this past Wednesday. The proposed amendment (PED18118) would have increased the maximum allowance of 24,000 sq/ft to 968,000 sq/ft of growth space for cannabis LP’s like…
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C21 Investments (CXXI.C) makes big $25m+ acquisition of Nevada grower, dispensary pioneer
The market is enjoying news released by C21 Investments (CXXI.C) that it has agreed to acquire Silver State Relief LLC and Silver State Cultivation LLC, for a sum that dwarfs any previous Canada-buys-US-assets deal, and adds nicely to its growing portfolio of US cannabis assets. President and CEO of C21 Robert Cheney stated: “Our entire C21…
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MedMen (MMEN.C) employees outraged at dispensary tipping clawback.
Equity Guru has been approached by several employees of MedMen’s (MMEN.C) California dispensaries who are telling us colleagues are walking out, upset about a new and unexplained pay cheque deduction that hit this week. MedMen, a CSE-listed US cannabis dispensary chain, built around high-end retail outlets geared towards urban professionals, boasts that its stores are…
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Green Organic Dutchman (TGOD.T) ex-CEO recovering, likely to return
Suffice to say, reports of Rob Anderson’s plan to slip away to Panama on a cigarette boat with a keel full of hundy’s and a trailing mist of martini mist and cocaine dust are greatly overstated. The Green Organic Dutchman (TGOD.T) put out a note yesterday that CEO Rob Anderson had stepped down unexpectedly due…
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Green Organic Dutchman (TGOD.C) closes $25m financing to finance acquisitions/expansion
I get calls sometimes from Green Organic Dutchman (TGOD.C) comms guy Danny Brody. They usually go like this: Brody: Have you seen the news we just put out? Me: No, you just put the news out. Brody: It’s great. Everything is coming together. Me: Okay, but I was hoping to get a little time off…
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Sproutly: The cannabis monster in the making you’ve never heard of
I hated him. My head was pounding. Sick for a week. Struggled into the Sproutly boardroom convinced I looked like eighteen miles of bad road and my voice sounded like Jar Jar Binks in a wind tunnel. The view from the office was magnificent, but I couldn’t focus on it, or anything. I was in…