Category: Kane
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Aurora (ACB.T) predicts Q4 $100 million revenue – then the calculator jams
On Aug. 6, 2019 Aurora Cannabis (ACB.T) released “selected financial metrics” for Q4 2019 – which ended June 30, 2019. This gives investors a sneak peek, prior to official audited earnings, at some of the numbers. ACB’s Q4, 2019 Financial Projections: Last quarter Aurora reported $65.1 million net revenue, so the Q4 number is up…
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![Chemesis (CSI.C) smacks another double]()
Chemesis (CSI.C) smacks another double
Ichiro Suzuki – a recently retired major league baseball player – hit only 117 home runs in 9,934 career at bats. That’s a 1.2% home run success ratio. Yet Suzuki is considered one of the most effective batters ever to play the game. Why? Because he specialised in singles, doubles and triples (short, sharp, surgical…
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![iAnthus’ (IAN.C) “Super Regional Footprint” just grew another toe]()
iAnthus’ (IAN.C) “Super Regional Footprint” just grew another toe
On August 1, 2019, iAnthus Capital (IAN.C) provided an operational update for GrowHealthy, the company’s Florida medical marijuana operation. GrowHealthy is about to open its 6th store in Florida. This 4,000 sq. foot location will serve the Miami-Dade County population of approximately 2.7 million. With operations in 11 states, including 23 dispensaries: Arizona (4), Maryland…
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![E3 Metals (ETMC.V) on track, on budget, on trend – up 100% in 2019]()
E3 Metals (ETMC.V) on track, on budget, on trend – up 100% in 2019
On July 31, E3 Metals (ETMC.V) announced that it has completed the design and assembly of a lab scale ion exchange flow system for lithium extraction. Lithium is a key battery ingredient. Thanks to electric vehicles (EVs) and all things mobile, lithium demand is expected to double in the next 7 years. One of the challenges…
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Heritage Cannabis (CANN.C) signs monster deal with Cronos (CRON.T)
On July 25, 2019 Heritage Cannabis (CANN.C) announced a vape-device deal with the $6.6 billion Cronos Group (CRON.T). Heritage will fill and package vaporizer devices for the Canadian rec and medical markets. Specifically, vape fulfillment for the Spinach and PEACE NATURALS brands, “utilizing multiple unique and proprietary formulations provided by Cronos Group.” The deal has…
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![Indignation over indigenous weed sellers: Biome Grow (BIO.C), Westleaf (WL.V)]()
Indignation over indigenous weed sellers: Biome Grow (BIO.C), Westleaf (WL.V)
Years ago, I worked on Vancouver’s skid row as a para-professional social worker. Thirty percent of my clients were indigenous peoples. I remember one stoic Haida man dying from AIDS who told me that four of his siblings had already died from alcoholism and misadventure. Being forcibly removed from your home, forbidden to speak to…
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Gold gave me $65,000 this week – but I still don’t trust her
One summer, vocationally and emotionally adrift, I fell in love with a tall older woman who wore metallic sparkles in her hair. She liked to tell stories. Her favorite one was about how we were going to get rich together. Not embarrassing rich. Just rich-enough-not-to-give-a-fuck. I believed in her. I gave her everything I had.…
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Plus Products (PLUS.C) dominates California edibles market
On July 17, 2019 PLUS Products (PLUS.C) announced “a new look” for its line of low dose cannabis infused edibles. It’s not intuitively obvious what was wrong with “the old look”. During Q4, 2018 Plus had three of the best-selling branded cannabis products in all categories including flower, vaporizers and edibles. According to BDS Analytics…
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![VitalHub (VHI.V) sells patient-flow technology to Sudbury hospital]()
VitalHub (VHI.V) sells patient-flow technology to Sudbury hospital
“I will love the day when nobody talks about blockchain and they just talk about the value creation,” stated IBM Blockchain GM Marie Wieck at the Brainstorm Finance conference in Montauk, N.Y. last week. Well said, Ms. Wieck. Let’s talk about value creation. On July 17, 2019, VitalHub (VHI.V) – a company that utilises blockchain…
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![Supreme Cannabis (FIRE.T) gets serious about weed 2.0 with Truverra acquisition]()
Supreme Cannabis (FIRE.T) gets serious about weed 2.0 with Truverra acquisition
On July 17, 2019 Supreme Cannabis (FIRE.T) announced that it has signed an “acquisition agreement” to gobble up all the shares of a privately-held Truverra Inc. Supreme will be handing over 14.7 million FIRE shares, giving the deal a dollar value of $20 million based on FIRE’s “closing price on July 16, 2019”. Editor’s note:…
