Category: Parry
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SUPREME DAY: Absurdly under-valued Supreme Cannabis (FIRE.T) takes over Equity.Guru
Since I’ve known and been covering former Supreme Cannabis (FIRE.T) CEO and current President John Fowler, I’ve referred to him as the T-1000. The name, initially anyway, was just a throw away line. But it stuck over the years, because I wasn’t the only one who saw him as part man, part machine, all unstoppable.…
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CannTrust (TRST.T): If you’re buying the bounce, you’re playing a dangerous game
Cannabis investors are a different breed. They’re amped way higher on positivity, cynicism, self belief, and sorrow, prone to the sort of mania that baseball card, Cabbage Patch Kid, and tulip enthusiasts know in their plums. When cannabis investors love a stock, there’s almost no amount of negative due diligence, blown up market cap, or…
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UPDATE: CannTrust (TRST.T) should lose license over illegal pot growing/shipping scandal
The precedent has been set. When Ascent Industries (ASNT.C) lost its Canadian LP licensing over product that had allegedly found its way into the grey market, the regulators at Health Canada – rightly – didn’t hold back. They investigated publicly, loudly, and ultimately de-licensed the company, running the brains trust out of town on a…
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GTEC Holdings (GTEC.C) subsidiary Grey Bruce Farms snares Health Canada cultivation license
GTEC Holdings (GTEC.C) joins the slender ranks of companies in the cannabis space with multiple licenses at hand, with the news Friday afternoon that it’s Grey Bruce Farms subsidiary has been granted a cultivation license by Health Canada. Run by long time cannabis advocate Deb Howlett, the newly license brings another woman into the cannabis…
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Marijuana update: Where the blood runs hard, look for the guys with swords
“There are times […] when even being right feels wrong. What do you say, for instance, about a generation that has been taught that rain is poison and sex is death? If making love might be fatal and if a cool spring breeze on any summer afternoon can turn a crystal blue lake into a…
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Reading between the lines: Nutritional High’s (EAT.C) misplaced weed, and 1933’s (TGIF.C) respectable loss
Back in mid-2018, when everyone was talking about how MedMen (MMEN.C) was going to be the biggest weed debut ever, one of my guys looked at their listing docs, specifically under the section relating to executive compensation. What they found was egregious; the founders had all the shareholder votes, giant compensation packages, insane retention bonuses,…
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Relevium (RLV.V) CEO lashes out against Equity.Guru in news release, ‘Streisands’ his own failings
The Streisand Effect is defined by Wikipedia as, “a phenomenon whereby an attempt to hide, remove, or censor a piece of information has the unintended consequence of publicizing the information more widely, usually facilitated by the Internet.” At Equity.Guru, we know about the Streisand Effect. We saw it in action when MedMen threatened to sue…
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Anatomy of a shit-show: Saint Jean Carbon (SJL.V) wants to be a fidget spinner
Over the last few years, we’ve shivved a lot of terrible companies trying to pull a fast one on investors and, almost always, when we do, we face a few weeks of abuse from that company’s faithful. When we said Imagination Park (IP.C) was a bullshit fantasy playing on most people’s ignorance of the virtual…
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Marijuana Update: Ravenquest (RQB.V), CROP (CROP.C), Lifestyle Delivery Systems (LDS.C), iAnthus (IAN.C), and trust
The ability to trust the people you put your money into is of utmost importance. ‘Management’ is oft cited as one of the pillars of a company’s success, but management in this instance could also be defined as ‘trust’. If I asked to borrow money from you in the street, your ability to trust me…
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Relevium (RLV.V) hit by OTC promo request, reveals worst disclosure ever
We’re in the business of marketing companies to people who like to invest in stocks with a high risk/high reward mindset. Sometimes folks call us ‘pump and dumpers’, usually if they haven’t read our work, but we ultimately only write what we believe to be true and we have a track record of writing negative…