Category: Moneyball Picks
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If the cannabis industry is desperate for capital, time to bet on the guys with capital
With a little over and hour left in the year 2019, past 10PM on December 31, I saw a news release from James E. Wagner Cultivation (JWCA.V) about a small $2 million loan they’d taken out. The timing of the announcement of their loan was surely not coincidental. Actually, thinking about it, ‘payday loan’ might…
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![Hold your FIRE: Supreme Cannabis (FIRE.T) lays off staff in bid for balance sheet superiority]()
Hold your FIRE: Supreme Cannabis (FIRE.T) lays off staff in bid for balance sheet superiority
Large Canadian cannabis licensed producer Supreme Cannabis (FIRE.T) told the markets they’re laying off around 30% of their staff today, days before their next quarterly financials are released and with the dust still settling after their recent CEO change. To the casual observer, this might appear to be a sign of desperation, that the sky…
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![Ceylon Graphite (CYL.V) up nearly double since shift to production]()
Ceylon Graphite (CYL.V) up nearly double since shift to production
No resource, no multi-million dollar raise, no problem. Ceylon Graphite (CYL.V), which has taken the unusual (in mining circles) decision to just freaking start digging, rather than go through eight years of behind-protection, triangulation, and capital raising first, is up 20% today as the first containers fill with graphite and execs chase down end user…
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Falcon Gold (FG.V) is a tiny little bet on a big fat gold region
Close-ology is a mining term used to describe companies that are close to another company that is running red hot, and may justifiably make the case that they can be hot too. For some, like serial ring-staker Ryan Kalt, close-ology is a business model. The moment someone announces they’ve found something interesting in Dildo, Newfoundland…
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AMPD Ventures (AMPD.C) jumps 31% after short attack falls away
Technology public markets newbie AMPD Ventures (AMPD.C) has had an interesting first 7 weeks on the market, initially doubling in value out of the gate, before profit taking and short selling drove it well down to 2/3 of its initial financing price in just as quick time. That downswing swung back hard today, with a…
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AMPD Ventures (AMPD.C) management pulls baller financing move, fights off shorters
AMPD Ventures (AMPD.C) CEO Anthony Brown told a reporter yesterday he was looking to raise money for acquisitions and growth, with a $2 million raise announced a few days ago. Nothing weird about that. What was maybe a little weird was the flex Brown was pulling in the announcing of that financing. With his stock heading…
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![Tinley Beverage (TNY.C) adds non-cannabis SKUs as part of 150 store deal]()
Tinley Beverage (TNY.C) adds non-cannabis SKUs as part of 150 store deal
A while back – quite a while back, if we’re honest, Tinley Beverage (TNY.C) boss Jeff Maser had a big decision to make that would take his company in a specific direction from that point forward. He could choose to ride or die – which would mean making hemp/cannabis drinks through third party facilities and…
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New listing: Isracann (IPOT.C): 230k sq ft of weed from Israel? Yes we cann
As a general rule, I’m against any company with ‘cann’ or ‘canna’ in its title. You could make a drinking game out of reading the names of cannabis companies and taking a slug of tequila whenever you hit a canna, and you’d be drunktank-ready inside 25 syllables. But I’m going to give a pass to…
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![GTEC Holdings (GTEC.C) playing it tight as cannabis financing dries up across sector]()
GTEC Holdings (GTEC.C) playing it tight as cannabis financing dries up across sector
For the last few years, if cannabis companies wanted money, there was a long line of folks happy to oblige. More recently, those financiers have dried up, causing raise-addicted cannabis pubco execs to reach for their ‘balance sheets for dummies’ text books and have urgent meetings with accountants regarding how they stay alive. GTEC Holdings…
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Beyond Boobs: Else Nutrition (BABY.V) is the plant-based baby formula alternative, and it’s a big deal
The scene: Late 2005, a run down pharmacy in East Vancouver. It’s early on a Sunday morning, raining heavily outside, and I haven’t slept for three days other than in half hour spurts, usually on the couch, or even on the floor. The reason? My newborn son is screaming. He’s hungry, but he’s chewed his…
