Category: Parry
-
Aurora Cannabis (ACB.T) drops financials, shows declines all over while spending heavy on execs
The quarterly financials news release just put out by Aurora Cannabis (ACB.T) isn’t exactly hype. It reflects a company coming to grips with the fact that it planned for a market that hasn’t emerged, that it has been one of the slowest to figure that out, and that there’s pain to come. “Despite delivering modest…
-
Hold your FIRE: Supreme Cannabis (FIRE.T) lays off staff in bid for balance sheet superiority
Large Canadian cannabis licensed producer Supreme Cannabis (FIRE.T) told the markets they’re laying off around 30% of their staff today, days before their next quarterly financials are released and with the dust still settling after their recent CEO change. To the casual observer, this might appear to be a sign of desperation, that the sky…
-
AMPD Ventures (AMPD.C) high performance computing power attracts Artificial Intelligence contract
AMPD Ventures (AMPD.C), which recently topped up its bank account to bring in more sales folks, announced some sales today, with a news release pointing to a new contract with an artificial intelligence company. AMPD Ventures Inc. has signed a deal with Variational AI Inc. to supply machine-learning infrastructure hosted at AMPD’s DC1 sustainable data…
-
Aurora Cannabis (ACB.T) dumps founding CEO Terry Booth as $1 billion in assets and goodwill to be written off
Alberta-based Aurora Cannabis (ACB.T) took a long trade halt today as it prepared to announce what the online rumour mill had been surmising all day – that the founding CEO of the company, Terry Booth, was out. $acb trading halt 10 minutes ago… hmmm I wonder if Terry is out ♂️ — Jason Spatafora (@WolfOfWeedST)…
-
Nano One Materials (NNO.V) raising money at $1.15 while stock runs to $1.45
BC-based battery metals developer Nano One Materials (NNO.V) has long been a favourite at Equity.Guru – in fact, it’s been the stock we’ve held longest out of all the companies we hold. That’s been a wise decision, as we’ve watched it roll from $0.50 a few years back to $1.15 more recently, but the one…
-
OMG! Tesla (TSLA.Q) to the moon! Wait, what just happened, OMG!
If you guys can’t spot a bubble by now, what day in February did you start trading exactly? Tesla (TSLA.Q) stock has been on a nutty run lately, climbing from the $200 range in October to $969 yesterday. Or, rather ‘..to $969, 15 minutes before the end of trading today.’
-
Xphyto (XPHY.C) blowing the weed sector out of the water with true 2.0 plan
Xphyto (XPHY.C) is dominating the cannabis sector like Sean Kemp used to dominate the Seattle buffet scene. It’s a legit beast right now, jumping from fat new high to fat new high. We’ve sat with their team several times over the past year and on each occasion have been impressed with their plans, but perhaps…
-
MedMen (MMEN.C) CEO Adam Bierman resigns but his pockets continue to fill
From the day it landed on the stock market, MedMen (MMEN.C) was a company that drew derision and ire based almost entirely on the decision of its founders to lather themselves in hefty bonuses, hoard most of the voting shares, offer themselves enriching golden parachutes, and put themselves above the shareholders and the long term…
-
Maple Leaf Green World (MGW.NEO) pays $900 hemp license fee, gets $15m market cap jump because people are dumb
It never ceases to amaze me how folks prefer to get their trade order in before doing their research, even on companies dripping in debt, that have failed at every single thing they’ve attempted over several years. What’s up, Maple Leaf Green World (MGW.NEO), a company so deficient in every respect that it trades on…