Category: Reyes
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Cresco Labs (CL.C) reprices Origin House (OH.C) acquisition terms to match declining market
Cresco Labs (CL.C) and Origin House (OH.C) have updated the terms of their $1.1B acquisition, repricing the all-stock transaction to match declining share prices since the deal’s announcement in April. Pursuant to the Amendment, the consideration payable under the Arrangement will be reduced from 0.8428 of a subordinate voting share of Cresco Labs (a “Cresco…
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SpeakEasy Cannabis (EASY.C) still wants to be Canada’s biggest grow and retail investors are buying it
On the same day mega-grower Cronos Group (CRON.T) said it no longer sees square footage and production capacity as “key performance indicators,” and will cease disclosing them, SpeakEasy Cannabis (EASY.C) put out a surprisingly tone-deaf news release touting its aim to become one of the largest producers in Canada. $CRON basically signaling it isn’t in the…
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Plus Products (PLUS.C) sheds short-term gain for long-term profitability in CPG segment
Plus Products (PLUS.C) is a proponent of the hyper-specialization approach in a sector which, at least once upon a time, prided itself on vertical integration across a wide swathe of products. The company operates in California and Nevada, selling their consumer packaged goods (CPG) edible products which include gummies, mints and more. A respectable cash…
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Heritage Cannabis (CANN.C) is ready for Cannabis 2.0, but are you ready for Heritage?
Here at equity.guru, we see the way things are going. Weed stocks are trending down, so we want to highlight companies poised to succeed in the long-term (*cough Cannabis 2.0 *cough). Heritage Cannabis Holdings (CANN.C) is a company which hasn’t gotten the love it deserves lately, and that’s bad. Just look at some of the…
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Big Tobacco player Altria (MO.NYSE) lobbying hard for hemp, but is it the magic bullet Congress is counting on?
Tobacco giant, Altria Group (MO.NYSE), is lobbying in the United States for “matters pertaining to hemp and crop insurance,” among other things, seemingly aiming to pivot away from vaping amidst a national health emergency. A lobbying report filed by The Russell Group listed its income for the quarter on behalf of Altria as $60,000, a…
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AMPD Ventures (AMPD.C) begins trading on the CSE today – here’s why it matters for internet users
The year is 2029. A rogue and non-copyright protected artificial intelligence system has gained sentience and launches an Oedipal war against humanity, its creators. Our best hopes for survival lie in the child-prodigy gamers of yester-year, trained for maximum lethality in combat, vehicle operations and strategy thanks to high-performance computing servers which cuts latency to…
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Crosspost: RethinkX, the end of beef and how to eat our way out of climate change
RethinkX, a think tank which analyzes industry-disrupting technologies, has published a report about new sources of protein at a time when hamburgers may be costlier than advertised. Methane from livestock, estimated at 34 times more detrimental than carbon dioxide, is a significant contributing factor to global warming: A single dairy cow produces as much greenhouse…
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A Closer Look: ThinkMyco pushes the button on magic mushroom market
Psilocybin and other psychedelics are forcing their way out of prohibition as potentially viable treatments for not only depression and anxiety but also Alzheimer’s and other neurodegenerative diseases plaguing millions in North America alone. In the end, psilocybin solutions address a $300 billion dollar psychotherapy and wellness global market. Shroom Stocks’ own Ethan Reyes spoke…
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Ben Ward of Wayland Group fame among trio named by OSC in first Canadian cannabis fraud case
The Ontario Securities Commission (OSC) has named Ben Ward, Peter Strang and Silvio Serrano in a fraud case relating to activities conducted at the helm of the Canada Cannabis Corporation. The statement of allegations released today purports the three men, CEO and VPs of CCC respectively, raised over CAD$11M from investors in Ontario and accuses…