Category: Medical Marijuana Update
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BC Bud Corp (BCBC.C) breathes new life into the cannabis space, up 3x in two months
I told you. Then I told you again. I know it’s uncouth to say “I told you so,” but I did, didn’t I? BC Bud Corporation (BCBC.C) has jumped to $0.05, up from $0.015 two months ago, even while closing a raise priced at $0.02. BCBC boss Brayden Sutton, who has been a cannabis behind-the-scenes…
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Weed roll-up BZAM (BZAM.C) used stock to buy assets <60 days before asking for creditor protection
You’ve built a decent little company. You’ve grown some brands. You’re feeling okay about things when a bigger company comes along, offers you a bunch of their stock, making you a significant shareholder, and tells you there are other strong hands in the investor base, including the wealthy chairman who has been lending the company…
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![Cannabis memory lane: Who’s sticking it out, who’s dead and dying]()
Cannabis memory lane: Who’s sticking it out, who’s dead and dying
I was feeling every ounce of my chest cold, the thing everyone apparently has, the one that’s going around, the one that’s not covid but who could tell. I was also standing on a stage at the Richmond Chamber of Commerce awards gala, blinking at stage lights and peaking over the shoulders of some very…
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![Stately’s long road to public finally finds an onramp with Gold Flora/TCPO (GRAM.NEO)]()
Stately’s long road to public finally finds an onramp with Gold Flora/TCPO (GRAM.NEO)
Good things happen in sunny Costa Mesa, California and, today, one of those good things happened for a certain group of cannabis investors. Longtime readers may recall Trent Kitsch, who founded Doja Cannabis (which would be consumed by Canopy Growth Corp for $400m), had bounced to his next venture not long after that deal closed…
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![As Australia opens to cannabis, Canntab’s (PILL.C) tech might just claim the box seat]()
As Australia opens to cannabis, Canntab’s (PILL.C) tech might just claim the box seat
News this week that Canntab Therapeutics (PILL.C) received an Australian patent for their hard-pressed cannabis pill tech, to match those received earlier in North America, didn’t launch the stock into space. That’s understandable, to be honest, as North American investors have taken an eye off the island continent and its slow roll to weed legalization…
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Canntab (PILL.C) yeets another patent for hard-pressed, long release cannabis pills
I’ve made no secret of the fact that the Canadian cannabis market frequently annoys the hell out of me. What I want is for it to be a mature space that more and more adults are making use of, and that is free to innovate, free to be excellent, free to market itself properly, and…
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How World Class Extractions (PUMP.C) killed a $25m bailout for HydRx & took their $50m facility for $5m
A few days ago, World Class Extractions (PUMP.C) announced they’d done a deal with a ‘leading licensed producer’ (that we figured out is Aphria – APHA.T) to take over HydRx Farms’ $11.5 million debenture for $5 million. That deal brought WCE the potential to (should the debt not be paid, and it won’t be) take…
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World Class Extraction (PUMP) takes over $11.5 million HydRx debenture at 43% discount
In one of the most unlikely deals we’ve seen in some time, World Class Extractions (PUMP.C) boss Rosy Mondin has announced Cobra Ventures, a 50% owned subsidiary, has purchased an $11.5 million debenture with HydRx Farms from a ‘leading Canadian licensed producer’ – for $5 million. The deal shifts HydRx’s debt over to PUMP, which…
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The middlemen: Isracann (IPOT.C) and IM Cannabis (IMCC.C) set to capitalize on global weed need
Talking to Isracann (IPOT.C) COO Matt Chatterton Monday afternoon I asked a question I ask pretty much everyone in the cannabis world right now: Considering how the landscape has changed, how the market has evolved, how regulators have tweaked and pivoted rules, and how consumers have developed their preferences… “if you were starting your company…
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![iAnthus (IAN.C) shareholders all but wiped out by Gotham Green Partners in recapitalization deal]()
iAnthus (IAN.C) shareholders all but wiped out by Gotham Green Partners in recapitalization deal
For a large part of its early days, one of the main selling points of US multi state cannabis store operator iAnthus (IAN.C) was that it was seemingly run by adults. Unlike their colleagues at MedMen (MMEN.C), which revealed itself as a self-dealing executive wealth generator from day one, iAnthus painted a picture of experience,…
