Category: Team Pump
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Galaxy Digital Holdings (GLXY.V) debuts on market, early investors willingly hooped
Pity the 346 investors who saw former Goldman Sachs (GS:NYSE) macro trader Michael Novogratz launching his ‘crypto merchant bank’ Galaxy Digital Holdings (GLXY.V) in November of last year and couldn’t wait to get into his pre-TSX listing $304m financing announced in January. Pity the GMP Securities clients who were sold into that financing, buying into 60.9m…
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Green Organic Dutchman (TGOD.T) & MedMen (MMEN.C) have big days, but only one is smiling
The Green Organic Dutchman (TGOD.T) is nearing being a billion dollar company, after its stock ran up 13.9% today on news that it would license soluble cannabinoid tech from Stillwater Foods. The Green Organic Dutchman Holdings Ltd. has entered into an exclusive agreement with Stillwater Brands to license Ripple SC (soluble cannabinoids) ingredient technology, and…
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MedMen (MMEN.C) goes public Tuesday, but three executives will make most of the money on the deal
The risk, when allowing US weed deals to come up north to go public, is that they’ll bring their OTC way of doing things up here and soil our pretty little pubco kingdom. I mean, let’s be clear – the Canadian venture capital markets are a rank pit of vipers that live by sucking on…
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Namaste Technologies (N.V) will buy you a beer if you don’t sell their stock while it’s being blown out
I’m serious. That’s the pledge from Namaste Technologies (N.V); they’ll throw a party for anyone who doesn’t sell their stock over the next three months. Namaste Technologies Inc., the owner of online stores that sell vaporizers and bongs, is taking unusual steps to stabilize its share price and thwart an attack on its business by…
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Dumb places to put your weed dollars: Maple Leaf Green World (MGW.E)
My former boss used to say, “Horse racing? Why bother? I could just smash my head on a wall, throw red wine on my shirt, burn $500, and save myself a day.” I’ve stolen his line many times, and will do it again today. “Invest in Maple Leaf Green World (MGW.E)? Why bother? I could…
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Alright blockchain deals, enough of this bullshit: Ether Capital (ETHC.E) buys Ethereum with its financing $
Every now and then a company comes along that wants to raise a whole whack of cash from you so they can do what you could just do yourself if you weren’t so freaking lazy. “We’re going to invest in cryptocurrencies!” is a new one, and it’s as dumb an ideas it sounds. Mostly because…
