Category: Parry
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Deathwatch: MedMen (MMEN.C) is cutting out everything but the cancer that is killing it
If you’ve been around this joint for a while, you’ll have seen us arguing folks would be silly to invest in MedMen (MMEN.C) if hanging on to your money is a thing you aspire to do. That’s not because we have a hate on for the dude-bros running the show, or because they’re not a…
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AMPD Ventures (AMPD.C) jumps 31% after short attack falls away
Technology public markets newbie AMPD Ventures (AMPD.C) has had an interesting first 7 weeks on the market, initially doubling in value out of the gate, before profit taking and short selling drove it well down to 2/3 of its initial financing price in just as quick time. That downswing swung back hard today, with a…
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OK boomer: In which I come to Jesus over mushrooms and put my dollars into Absolem
50 years I’ve been bumbling around this planet, and the best damn weekend I’ve had on it to date occurred recently, under the influence of mushrooms. The carpet didn’t talk to me and the walls weren’t bleeding, and the sunrise wasn’t the incarnation of Shiva. That ain’t it, kids. No, what happened is my head…
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Dionymed (DYME.C) gives investors a checklist for disaster, and Invictus (GENE.V) is ticking a lot of boxes
Dionymed Brands (DYME.C) is – sorry, was – the low hanging fruit of the cannabis bubble burst. It was always a goner for anyone who looked hard enough, but in a market where aspiration was rewarded more than perspiration, Dionymed sent out all the right news releases to keep the joke going longer than it…
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A tale of two factories: World Class Extractions (PUMP.C) and Naturally Splendid (NSP.V) might surprise you
Over the last month I’ve left the happy confines of Casa Guru a few times and headed out to the suburbs to catch up with old friends. Both trips turned out to be surprising and interesting experiences with a similar message; “The market doesn’t see us, but we’re doing the work and quietly confident we’re…
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Emerald Health (EMH.V) shareholder call goes somewhat poorly, as JV death spiral looms
The partnership between Emerald Health (EMH.V) and Village Farms (VFF.V) was never going to be smooth sailing, glittery rainbows, and under-taint kisses until the end of time. Let’s face it, brothers will always fight, especially when money is involved. However, a betting man might have thought the partnership between these two would make it through…
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Deathwatch: Beleave (BE.C) has less money than you do
Beleaguered Canadian cannabis company Beleave (BE.C) just posted financials after the close of trading on a Friday, which is, as we well know, ‘Friday news dump’ time. True to form for a company that’s never posted good news to my recollection, these financials are absolute toilet. As of September 30, 2019, Beleave had $133,000 to…
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AMPD Ventures (AMPD.C) management pulls baller financing move, fights off shorters
AMPD Ventures (AMPD.C) CEO Anthony Brown told a reporter yesterday he was looking to raise money for acquisitions and growth, with a $2 million raise announced a few days ago. Nothing weird about that. What was maybe a little weird was the flex Brown was pulling in the announcing of that financing. With his stock heading…
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Yeah we lost money, what’s it to you? 1933 Industries (TGIF.C) takes the transparent route and we love it
Regular readers will know I’ve been a little quiet of late on the cannabis space, which is by design. If I’m not going in full welly on a given sector or company, I’m certainly not going to suggest you should, and quite frankly the cannabis business was overdue for a reckoning, as I stated back…
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AMPD Ventures (AMPD.C) CEO to ring the bell Thursday, but execs are too busy to join him
Ringing the bell to signal the start of trading at the stock exchange is a time honoured tradition for executives at newly-listed public companies. It announces to the market, “We’ve arrived,” and is usually a time to be shared with executives, deal guys, board members, advisors, family members, hangers on, posses, minions, and that guy…