Category: Parry
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Extraordinary Future investor conference: Get your ass off the couch, Sparky
Investors like to complain. “This company sucks, they never talk to investors.” “Insiders know about early financings and we’re always left out.” “Does anybody know about this company? All I can find is the investor deck..” Well, obviously nobody talks to you about their deals, their financings, their news, because you’re sitting at home reading…
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Tilray (TLRY.Q) plummets $9.76 after insano run, because shorters are animals
When a new listing goes on a $25 to $95 run in the space of nearly three weeks, the forces of gravity building up over the top of it are always going to collect to breaking point. Observe Tilray (TLRY.Q), which IPOed on the Nasdaq at US$17 per share, and then went on the rip…
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Canopy Growth Corp (WEED.T) has $5 billion to buy something: What’s on the list?
I’ve written this story three times in as many days, because every time I get to the bottom and am ready to post, the valuations of everything seem to have changed. So, to hell with it: I’m sticking the landing on this version. Time for Equity.Guru to veer off market news and into fantasy sports…
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Green Organic Dutchman (TGOD.T) organic CBD acquisition is a Euro ‘Hempco’ (HEMP.V)
The market has kinda shrugged at it, but The Green Organic Dutchman (TGOD.T) put out news yesterday they’re acquiring a significant European organic CBD oil brand, with associated licensed flower and seed production, consumer product lines, and multi-country distribution. It’s not a cheap deal, but they’re not buying a pipe dream. They’re buying legit players.…
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Blockchain Foundry (BCFN.C): Sector be damned, work still needs to get done
If I walked into the Cactus Club on Burrard Street with two supermodels on my arm and an eight ball in my pocket and $5k sticking out of my mouth, and told the assembled Howe St crowd ‘this can all be yours, all you have to do is listen to me talk for five minutes…
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MedMen (MMEN.C) legal demands clearer: Half a billion dollars from EquityGuhahahahaha
The Streisand Effect is what happens when a person or company sends out legal threats to stop people from seeing something and, in turn, makes that thing they didn’t want seen go viral. MedMen’s lawyers probably should have talked to their clients about this before they started sending us weird legal demands because wow, you…
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Ascent Industries (ASNT.C) lands on the CSE Thursday: You’ll want to dig in on this
A few years back, when Health Canada wasn’t really handing out cannabis grow or sales licenses, I attended a meeting in a crappy chain restaurant by the highway in North Richmond. That meeting was packed. It was a collection of MMAR growers, folks who owned unused warehouses, rampant weed activists, accountants who were ready for…
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Galaxy Digital Holdings (GLXY.V) debuts on market, early investors willingly hooped
Pity the 346 investors who saw former Goldman Sachs (GS:NYSE) macro trader Michael Novogratz launching his ‘crypto merchant bank’ Galaxy Digital Holdings (GLXY.V) in November of last year and couldn’t wait to get into his pre-TSX listing $304m financing announced in January. Pity the GMP Securities clients who were sold into that financing, buying into 60.9m…
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iAnthus Capital (IAN.C) bucks the downward weed trends with US dispensary plans
I missed it. Y’all can point and laugh, but when folks said to me a year ago, “Hey, what about iAnthus Capital?” (IAN.C), I shrugged and said, “I can’t keep an eye on everyone,” and went back to my toys because it was small and US focused and meh. iAnthus, to me, back then, was…
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International Frontier Resources (IFR.V) slammed after drill hits sinkhole, but the climb back has begun
A 50% drop in stock value is a tough day for any resource company executive, but when that executive owns more stock in that company than anyone else, it’s a particularly forceful boot to the nards. Steve Hanson, President and CEO at International Frontier Resources (IFR.V), had been doing the work, drilling out a Mexican…