Category: Cannabis
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Aurora Cannabis (ACB.T) is either smarter than everyone else with its Medreleaf (LEAF.T) deal, or…
I have a theory, and I’ll probably never know if it’s accurate, but it goes like this: Medreleaf’s (LEAF.T) executives and board looked at its valuation recently and said to themselves, “It’s never going to be higher than it is right now. We should find someone to buy us right now because farming is hard work…
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Running the numbers: Just what has Lifestyle Delivery Systems (LDS.C) got into here?
There’s been a lot of news coming out of Lifestyle Delivery Systems (LDS.C) these past few weeks, with the primary slot dedicated to a deal they’ve struck with Quality Resources Inc., which has “developed commercial scalability in the areas of extraction and distillation for cannabis oil.” Yawn, right? Every oil extractor would boast the same…
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Green Organic Dutchman (TGOD) IPO happens Wednesday: And hell is coming with it
It’s not always an indicator of future glory, but the upcoming IPO landing of cannabis growing/processing/products play The Green Organic Dutchman (TGOD.T) is generating enough buzz that it would appear competitors are seeing their shareholders cash out of their stocks in preparation for it landing May 2. Obvs. correlation doesn’t equal causation but, Aphria (APH.T): …and…
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ABcann (ABCN.V) founder sells 800,000 shares – then resigns
There are legitimate reasons to tell a delinquent off-spring, “I dislike you”. But it’s still something you should never do. We have the same opinion about company insiders off-loading high volumes of a micro-cap stock. It’s crappy behavior. Shareholders (like children) expect stronger leadership. ABcann Global (ABCN.V) is involved in the production of pharmaceutical-grade cannabis…
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Dumb places to put your weed dollars: Maple Leaf Green World (MGW.E)
My former boss used to say, “Horse racing? Why bother? I could just smash my head on a wall, throw red wine on my shirt, burn $500, and save myself a day.” I’ve stolen his line many times, and will do it again today. “Invest in Maple Leaf Green World (MGW.E)? Why bother? I could…
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Tinley (TNY.C) nails down distribution, investors display the patience of Job
Job was an amateur prophet who lost all his money and his children. Then his body was ravaged by herpes. Three friends dropped by and told him he was a loser. His wife refused to have sex with him. When he complained – she had a remedy: kill yourself. Throughout his trials, Job patiently endured.…
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Vinergy Resources (VIN.C) finally kills off long fruitless deal with MJ Biopharma
They won’t tell us why, but the long drawn out change of business deal with MJ Biopharma that was being engaged in by Vinergy Resources (VIN.C) is over as of today. Why did this happen? God, it could be any number of things. MJ Biopharma’s principals may not have passed due diligence, the business case…
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HIKU Brands (HIKU.C) and WeedMD (WMD.V) to merge, creating vertical integration beast
If there’s been a knock on HIKU Brands (HIKU.C), nee DOJA, by the critics over the last year, it’s been that they don’t grow enough actual weed. Sure, they’ve nailed the branding side and they did a big deal to grab the most recognizable retail brand in Canada in Tokyo Smoke, and they have retail…
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CROP Infrastructure (CROP.C) cashing in on Washington State’s $1.4 billion cannabis industry
Back in the day, when the cannabis craze was first dropping on the public markets, Canadians were forbidden from doing deals to buy Washington State cannabis growers. You had to be a local to get a license, and the method used to get one of those was comical. You had to fill out a form…
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Emblem Cannabis (EMC.V) announces cannabis supply deal with Shoppers Drug Mart (L.T)
Well that didn’t take long. Just a day after we wrote an article excoriating Emblem Canabis (EMC.V) for sitting on their hands with news for the last year, new CEO Nick Dean has dropped a big one. Emblem Corp. has entered into an agreement to become a medical cannabis supplier to Shoppers Drug Mart. Well…