Category: Cannabis
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Canopy Growth Corp (WEED.T) makes $435m offer for Supreme Cannabis (FIRE.T)
In the annals of history, the concept of ‘win/win’ will be looked back on by future folk to be properly defined by today’s news Canopy Growth Corp (WEED.T) is making an offer for Supreme Cannabis (FIRE.T) at a $435m valuation. Admittedly, it’s not a win for those long underwater on FIRE stock, but acquisitions aren’t…
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Pure Extracts (PULL.C) to enter U.S. market through JV in Michigan
If the LOI becomes a binding contract, Pure Extracts will contribute “a mix of equipment and cash to the venture”, which will allow the partners to rapidly scale-up to meet the rising demand for recreation cannabis concentrates and edibles throughout Michigan.
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Discover Wellness (WLNS.C) enters the $3.5 billion global CBD market with a lean mean business model
“The contribution of this first 550,000 kg of high-CBD biomass from SG and the completion of the Strategic Alliance agreement is a significant first step in leveraging the combined resources under the Discover Wellness umbrella,” stated Peter Cheung, Interim CEO of WLNS,
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As Australia opens to cannabis, Canntab’s (PILL.C) tech might just claim the box seat
News this week that Canntab Therapeutics (PILL.C) received an Australian patent for their hard-pressed cannabis pill tech, to match those received earlier in North America, didn’t launch the stock into space. That’s understandable, to be honest, as North American investors have taken an eye off the island continent and its slow roll to weed legalization…
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Heritage Cannabis (CANN.C) Receives Health Canada Export License
Heritage Cannabis (CANN.C) has been granted an export license by Health Canada. The license will permit the Company to export cannabis products to Brazil marking the first-ever license granting the export of CBD products from Canada to Brazil. “We are very pleased to be the first cannabis company in Canada to be granted an export…
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My dumbest trade ever was during an IPO
As far back as I can remember, I always wanted to be a trader I remember when I first started buying stocks, I was 16 using a family member’s trading account with their permission. I didn’t have a cellphone, so I lived in the school library checking my stonks. My teachers thought I was burnout…
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Heritage Cannabis (CANN.C) Exceeds $1M in Weekly Revenue
Heritage Cannabis (CANN.C) achieved a weekly revenue exceeding $1 million during the second week of March, 2021. “This achievement is an exciting milestone for Heritage as we continue to develop and innovate new products within our already popular brands…while there is still much more work to be done to make this a consistent outcome, we…
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The simple elegant tale of Grown Rogue International (GRIN.C)
There’s a simple narrative to the cannabis market. It came, had its moment and went out in a bang, taking as many companies and investors out with it as it all came crashing down. Then it propped itself up for cannabis 2.0 but failed to have a repeat performance because all the circus performers had…
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Verano (VRNO.C): how a garbage-can of Arkansas flower led to racketeering charges against a $3 billion company
“Verano Holdings (VRNO.C), a Chicago weed firm worth roughly $3 billion, was sued Monday in federal court as part of a sweeping racketeering [RICO] complaint that accuses the company of illegally trafficking marijuana from Illinois to Arkansas,” declared the Chicago Sun Times on March 8, 2021.”
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Harborside (HBOR.C) invests $5-million in Loudpack – a CA cultivator with a deep portfolio of branded products
Loudpack is a California cannabis company with “a broad cultivation, manufacturing, processing, and distribution footprint and a strong portfolio of brands”.