Category: Reyes
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SOL Global’s (SOL.C) best defence against Curaleaf (CURA.C) and Trulieve (TRUL.C) in Florida is 3 Boys Farm
SOL Global (SOL.C) has a number of killer assets, but there’s one you need to know about called 3 Boys Farm. Based in Florida, 3 Boys Farm is an award-wining, USDA-certified, 100% organic cultivator of produce and, following the Village Farms (VFF.C) model, cannabis is a recent addition to the company’s list of offerings. SOL Global…
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Jim Cramer likes Cronos (CRON.C) more than Canopy Growth (WEED.T), but should you?
In late August, Jim Cramer, host of CNBC’s Mad Money program, said he believes Cronos Group (CRON.C), and Aphria (APHA.T) are better investments than Canopy Growth (WEED.T). Cramer pointed to Canopy’s disappointing Q2 performance as evidence the largest Canadian cannabis player had lost a step. (On Canopy): “That was a terrible quarter. It was a terrible quarter, they still have…
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How GTEC Holdings (GTEC.V) found itself down but not out
GTEC Holdings (GTEC.V) is in a bind. In other words, it’s down. Its own management would, and did, say as much. An article posted last month by thedeepdive.ca titled “Is GTEC Holdings Essentially Bankrupt?” called into question the company’s cashflow issues and its declining share price. What was GTEC CEO Norton Singhavon’s response? “I thought the points they…
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“We do not wish to comment further on the dead fish situation,” says HEXO (HEXO.T)
Earlier this month, a news blurb all of 184 words published by thecannabisstock.com ran with the headline, “HEXO is officially not responsible for the death of thousands of fish in Gatineau,” raising more questions than answers. HEXO (HEXO.T) tersely responded to an inquiry regarding the events which unfolded this August, saying only “We do not…
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Zenabis (ZENA.T) to pay through the nose for $50M loan and we’re just getting started
Zenabis (ZENA.T) has taken on an additional $25M loan in secured debt financing, bringing their senior secured debt load to $50M. This new loan bears interest at a rate of 14% per annum, amounting to $7M annually, and will have a maturity date of June 30, 2020 according to the Zenabis press release. Additionally, Zenabis…
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Lexaria (LXX.C) recieves a…R&D license?
Earlier this week, a subsidiary of Lexaria Bioscience (LXX.C) received a R&D license from Health Canada, prompting the question, ‘we have those?’ “You were as surprised as we were,” said Alex Blanchard, communications manager for Lexaria. Lexaria isn’t your average grower. The company is much more of a tech-play, developing new delivery systems for nicotine, vitamins,…
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Maple Leaf Green World (MGW.E) couldn’t afford a 2010 Jeep Wrangler according to latest financials
Maple Leaf Green World (MGW.E) has just posted its latest financials for Q2 2019, showing a drastic decrease in cash assets and a looming equity deficit sure to concern investors. The company reported cash and cash equivalents totaling $16,920, a significant decrease from the $109,000 in cash Maple Leaf reported at the end of Q1 2019…
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Hot grill summer: Is Beyond Meat (BYND.Q) a Tilray (TLRY.Q) in the making?
Beyond Meat (BYND.Q), the vegan burger maker we all know and love, has partnered with Dunkin’ Brands’ Group (DNKN.Q) to add its plant-based sausages to Dunkin’ Donuts menus in Manhattan, but the plant-fed party may be coming to a close come October. The Beyond Sausage Breakfast Sandwich is just BYND’s latest offering. Despite only going public in…
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What the FDA thinks of Curaleaf (CURA.C), the ‘world’s largest cannabis co.’
On July 22, 2019, the U.S. Food and Drug Administration (FDA) sent a warning letter to Curaleaf Holdings (CURA.C) via overnight delivery. The message was plain: Four of the company’s CBD-infused products are “in violation of sections 505(a) and 301(d) of the Federal Food, Drug, and Cosmetic Act,” and Curaleaf’s CBD products for pets are “unapproved new…