Category: Parry
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Former Zenabis (ZENA.T) CEO flushing stock hard: 1 million shares down, 23 million to go?
Zenabis (ZENA.C) has four cannabis grow facilities. And it has four licenses. And it says it’s building out 2.75 million square feet of grow space. Amazing. All of those things are things you’d like to see a cannabis company doing. So why is the stock chart this? Well, most cannabis companies are having at least…
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The cannabis bubble Canopy Growth (WEED.T) created is now the tsunami killing everyone
The cannabis bubble is not yet bursting, but the likelihood that it will go by the time you read this is high. The markets are wobbling hard for a multitude of reasons, but the cannabis sector is reeling because the bellwether cannabis stock, Canopy Growth Corp (WEED.T) is in freefall. Other companies that exist as…
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Fear and loathing in the cannabis space: Get off 48North’s (NRTH.V) dick already
The most important phase of the life cycle of any ecosystem is where the inhabitants realize they can get sustenance and advantage from killing the lifeforms around them, rather than cohabiting. Monkeys turn cannibal when food supplies are low, ants go to war with other ants, ivy strangles the trees hosting it, influenza kills the…
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Vapen (VPN.C) drops financials showing another quarter of actual profits
I’ll say it. Vapes aren’t as fashionable on the cannabis investor markets as they once were. Right now you guys really like, well, nothing, but a few years back, if you went to Alibaba Express and got a shipping container of pink vapes sent over by the guy who usually does fidget spinners, the markets…
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Canopy Growth (WEED.T) gives GTEC Holdings (GTEC.V) time extension to finance growhouse acquisition
Their share price has never reflected it, but boy howdy do GTEC Holdings (GTEC.C) manage to nail milestones. “We’re going to get a cultivation license!” Nailed it. “We’re going to get a processing license” Nailed it. “We’re going to get a sales license!” Nailed it. “We’re going to get another cultivation license!” Nailed it. By…
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E-sports is starting to run, but let’s use some common sense here
Over the last few days, as cannabis took another face plant into the toilet bowl, a ton of money has been looking for somewhere else to go. That should have been great news for the resource sector, though they haven’t yet figured out how to get cannabis investors interested in what they do. And it…
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Most big LPs followed Canopy Growth’s (WEED.T) road to hell… Supreme (FIRE.T) is running the other way
Last week, after telling investors they weren’t going to release their quarterly financials until 8pm Eastern, Canopy Growth Corp (WEED.T) pulled a fast one and tossed them out early, likely expecting we weed investor types would be home asleep, stoned, trying to figure out which Indian joint could deliver a biryani to our laps,when their…
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Tilray (TLRY.Q), TGOD, Acreage (ACRG.U) post awful Q2 financials, but who doesn’t? Canadian system is built to underperform
We’re in the middle of financial season, and that’s proving to be a real rollercoaster. Among companies releasing financials today, Acreage Holdings (ACRG.U), Flower One Holdings (FONE.C), Green Organic Dutchman (TGOD.T) and Tilray. Tomorrow is Aleafia (ALEF.C), the hideous CannTrust (TRST.T), Charlotte’s Web (CWEB.T), Neptune Wellness (NEPT.T), Trulieve (TRUL.C), and the monster that is Canopy…
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Invictus MD Strategies (GENE.V) parts ways from KISS’ Gene Simmons, because duh
In news that will shock nobody who has been paying even the smallest sliver of attention, rock n’roll legend, KISS guitarist, and reality show nimrod Gene Simmons has stepped down from his position as Invictus MD Strategies’ (GENE.V) Chief Evangelist Officer, wishing the company whose stock he has probably finished selling off, a fond farewell.…
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Sol Global (SOL.C): The only weed company I know that lists ‘divestments’ on its website
Andy DeFrancesco is the devil. Just ask anyone. The worst guy in the weed business, the archangel of bad asset deals, the shell master of Florida. He’s got investigative journalists who write about nothing other than him, he’s got shareholders at various companies that have bought things from him screaming at him for taking their…