Category: Kane
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![Podcast: Black-market weed consumer: “I’d buy from the Hells Angels before I buy from the government”]()
Podcast: Black-market weed consumer: “I’d buy from the Hells Angels before I buy from the government”
On August 15, 2019 Statistics Canada released an avalanche of new data on the habits of the five million Canadians who consumed cannabis during Q1 and Q2, 2019. Home grown cannabis supplied 8% of the market. Thirty-seven percent of users said that they used cannabis that they got from friends and family. Women claimed to have…
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Gaia Grow (GAIA.V): big hemp acreage, tiny market cap
Snap quiz: Name a hemp company with the following characteristics: Stumped? Meet Gaia Grow (GAIA.V) a little-known, new entry to the hemp space, with 1,494 acres growing in southern Alberta. If you believe in omens, GAIA received an early agricultural blessing when its first crop experienced warm intermittent rains, accelerating the growth rate of the…
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![GTEC Holdings (GTEC.C) puts Tumbleweed grow-op into production]()
GTEC Holdings (GTEC.C) puts Tumbleweed grow-op into production
On August 19, 2019 GTEC Holdings (GTEC.C) announced that its 100% owned Tumbleweed Farms has been granted a “Standard Cultivation, Processing and Medical Sales Licences, pursuant to the Cannabis Act and Regulations by Health Canada.” Tumbleweed is a purpose-built cultivation facility located in Chase, British Columbia – named after an American, Whitfield Chase, who worked…
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TSX.V, CSE: Canadian venture capital markets declare “Trudeau Ethics Scandal” weak sauce!
Reading this week’s political headlines, you’d think the media had just unearthed hidden-camera footage of Prime Minister Justin Trudeau in a Shanghai strip bar – pockets bulging with gold coins – giving a hand-job to the CEO of the China Petroleum Corporation (中国石油天然气集团公司). “Will Trudeau take responsibility for ethics breach?” – Ottawa Citizen. “Trudeau violated…
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![Patriot One (PAT.T) – “Thoughts & Prayers” ain’t cutting it – how about some tech?]()
Patriot One (PAT.T) – “Thoughts & Prayers” ain’t cutting it – how about some tech?
The Gun Violence Archive states that as of last week, the U.S. has experienced 253 mass shootings in 2019–an average of more than one a day. In a recent explosion of U.S. gun violence, three white gunmen used military-grade weapons to kill 34 people, mostly people of colour. On July 28, a right-wing teenager (19), opened fire on…
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![Vapen MJ (VAPN.C) – cannabis still a better biz than clothing (GOOS.T) (ANF.NYSE) (AEO.NYSE) (M.NYSE)]()
Vapen MJ (VAPN.C) – cannabis still a better biz than clothing (GOOS.T) (ANF.NYSE) (AEO.NYSE) (M.NYSE)
The fluorescent red kelp you see floating in today’s ocean of rouge (DJIA -774 points) is the plummeting share price of big-cap clothing companies. Shares of Canada Goose (GOOS.T) Abercrombie & Fitch (ANF.NYSE), American Eagle (AEO.NYSE) and Macy’s (M.NYSE) all tanked, shedding a combined $1.6 billion in market cap. Canada Goose warned shareholders about slowing…
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![MedMen’s (MMEN.C) pre-lim Q4, 2019 good news for the peepz suing them]()
MedMen’s (MMEN.C) pre-lim Q4, 2019 good news for the peepz suing them
If you’ve every tried suing someone who is insolvent, you know how frustrating that can be. U.S. cannabis retailer MedMen (MMEN.C) just announced its “unaudited systemwide revenue figures for Q4, 2019, which ended on June 29, 2019. Although there is an ominous black hole where news of the MMEN’s profitability might be, the August 13,…
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![Chemesis International (CSI.C) to market: “Chew on This”]()
Chemesis International (CSI.C) to market: “Chew on This”
On August 12, 2019 Chemesis International (CSI.C) announced that it will start manufacturing, packaging and distributing its own line of tobacco-free smokeless cannabis and hemp-derived chew in Puerto Rico and Canada and the U.S. A recent Equity Guru article described Chemesis as, “the Ichiro Suzuki of cannabis companies”. Suzuki seldom hit home runs, but was…
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![Bitcoin trader makes dumb greedy bet – loses $16 million – kills himself, triggering painful shotgun-in-mouth memory of even dumber, greedier Amazon (AMZN.Q) bet]()
Bitcoin trader makes dumb greedy bet – loses $16 million – kills himself, triggering painful shotgun-in-mouth memory of even dumber, greedier Amazon (AMZN.Q) bet
A few weeks ago, a Chinese Bitcoin trader, Hui Yi, embezzled 2,000 Bitcoins, used them as collateral to take a highly leveraged (100x) short position on the price of Bitcoin. The co-founder and CEO of a crypto market analysis platform, Hui got the timing and direction of his bet horrendously wrong. WeChat messages indicate that…
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![Bridgemark-linked Abattis (ATT.C) is getting booted off the CSE]()
Bridgemark-linked Abattis (ATT.C) is getting booted off the CSE
The Canadian Securities Exchange is not known for rigorous compliance protocols. However, it does have some standards, and cannabis health product company Abattis Bioceuticals (ATT.C) was unable to meet them. “The common shares of Abattis Bioceuticals Corp. will be delisted at the market close August 9, 2019,” stated the CSE. The CSE originally halted Abattis…
