Category: Medical Marijuana Update
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Choom Holdings (CHOO.C) snared in forgery scandal as location appeal reportedly contained fake support letters
National cannabis retail chain Choom Holdings (CHOO.C) was embarrassed Monday after details of its 27-page appeal to the Vancouver Board of Variance asking that body to overturn a rejected dispensary location were revealed to be forgeries by the Vancouver Sun newspaper. When Postmedia News contacted the businesses whose names and logos appear on letters supporting…
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Folks are shocked – SHOCKED – that Canopy Growth (WEED.T) lost the money it told you it was going to lose
Far be it for me to stand up for Canopy Growth Corp (WEED.T), a company that has only succeeded in one thing in its entire existence; convincing folks to buy its stock despite never having done anything else right. In recent quarters, and through three CEOs, Canopy has been pretty darn forthright that it was…
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Cannabis beverages are here at last: So where the hell are they?
When the cannabis edibles space first became a potentially legal thing in Canada, my first thought was about how my life would change for the better when I could drink a beverage that would either hit me with a nice shot of CBD, or wipe me out with THC, or hey – maybe both. Fast…
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Cannabis companies take a leaf from the baseball playbook, but sacking CEOs at Supreme (FIRE.T) and Experion (EXP.V) won’t placate the masses
The bodies of cannabis company CEOs are starting float down river. Honey, the CEOs ain’t the problem. Name one weed company CEO any other company would hire… I’ll wait.
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2019 weed wrap: The end of the cannabis cycle of cannabis cycles
Like the old Twilight Zone episode where helpful aliens leave behind a book called ‘To Serve Man’, only for us to find out later it’s a cookbook, investors have been welcomed and fattened up nicely by alpha predators as they unwittingly await their slaughter, not realizing that, they’re at the predator’s table because they’re the…
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Deals being reversed across the board as weed companies discover fiscal responsibility
Sometimes a deal broken is a good deal for shareholders, especially if you give a red rat’s behind about your favourite company having enough money to survive the year. Lately, we’re seeing a lot of deals that, at one time, were announced with much fanfare, being quietly dropkicked off the bridge as once high flying…
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Navigating the cannapocalypse through value picks: Don’t be swayed by optimists or cynics
Yesterday, weed stocks were generally green. The day before too. This brought about a load of folks on social media talking about how ‘cannabis is back!’ and ‘the bear market is over!’ Ugh. Seriously, you guys. It’s not over. Not by a long shot. Currently, Canopy Growth Corp (WEED.T), the big bellwether of the cannabis…
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Why legal cannabis in BC is completely fucked, and literally the worst system in Canada
I had an idea a few weeks ago, one that I hadn’t bothered with sooner because, truth be told, I’m not a weed guy. I like the investment opportunity, and I’ve lately taken to the wonderful effects of CBD, but I’m not much of a straight up weed dog. But hey, I thought, I keep…
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The cannabis bubble Canopy Growth (WEED.T) created is now the tsunami killing everyone
The cannabis bubble is not yet bursting, but the likelihood that it will go by the time you read this is high. The markets are wobbling hard for a multitude of reasons, but the cannabis sector is reeling because the bellwether cannabis stock, Canopy Growth Corp (WEED.T) is in freefall. Other companies that exist as…