Category: Parry
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AgraFlora (AGRA.C) sells non-core assets to ICC Intl (WRLD.U), will focus on 2.2m sq ft greenhouse
Regular readers know I’ve been critical of ICC International (WRLD.U) for some time, but news today the company would purchase AgraFlora Organics’ (AGRA.C) Colombian pharmacy assets brings me a rare opportunity to applaud both players in the deal. ICC International Cannabis Corp. (CSE: WRLD.U) is pleased to announce that the Company has entered into a…
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Emerald Health (EMH.V) director stands down over security clearance issues
Buried in a news release discussing a shares-for-cash payment to an acquisition target, Emerald Health (EMH.V) stated Monday it is losing a board member over Health Canada security clearance concerns. Punit Dhillon is a self-described ‘life science thought leader‘ who likes to give TED Talks and has been involved with several biomedical companies on North…
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Wayland Group (WAYL.C) and ICC Intl (WRLD.U.C) close huge asset deal wait no they don’t argh I’m dying
Investors in currently halted for not being able to put together last year’s financials like real grown up boys Wayland Group (WAYL.C) might have been celebrating today when it was announced their all-share deal to sell 49.9% of their international assets to ICC International (WRLD.U) had closed. One hopes the champagne they were popping wasn’t…
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Supreme Cannabis (FIRE.T): Enough screwing around, you guys, get behind quality
The old junior markets rule #1 is ‘buy rumour, sell the news’, and no company I’ve ever seen illustrates this in practice more than Supreme Cannabis (FIRE.T). For several years now, whenever it tiptoes upwards in share price, a news event happens and shareholders sell off. It happens like clockwork, and it’s infuriating. Don’t get…
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Pasha Brands (CRFT.C) takes a contrarian weed grow approach: Smaller, but plentiful
Ask anyone who has more experience growing cannabis than a sophomore college student whether they’d be keen to grow a million square feet of weed, and they’d likely point out the problems inherent in such a task. Automation is nice. Hordes of newly trained staff are fine. Hooking up to a nuclear power station and…
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Shell Game: How Wayland Group (WAYL.C) built a paper empire and the loan that may drag it under
PROLOGUE: Cannabis companies, as we know them in our minds, rarely exist. Oh sure, some have buildings and staff, some grow things and others might even have a license. But even those with big buildouts and massive market caps are, for the most part, a promise of what’s to come, maybe, some time, kinda. But…
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We told you so: Aphria (APHA.T) and Green Growth Brands (GGB) terminate bullshit takeover bid
In the days earlier this year, when it became clear from a short seller report that Aphria (APHA.T) had bought into foreign assets that were largely ‘early stage’ if you were being charitable, and ‘fake’ if you weren’t, the company went through four stages of denial. The takeover bid was bullshit from the outset, a…
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Aphria (APHA.T) puts out financial results, falls on face, walks into pole
Well, I guess we were right, huh? Big Canadian cannabis producer Aphria (APHA.T), fresh off a scandal involving allegations from the short sellers the company was overpaying for garbage assets their top execs part owned, released their first financials today since the scandal broke. It was so unpretty, interested observers had to get through the…