Tag: ACB
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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,…
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Fire in the hole: Supreme Cannabis (FIRE.T) drops rough financials as expected, transition afoot
Ontario-based Supreme Cannabis (FIRE.T) released its Q2 2020 financials today and there were few surprises contained in its pages, bar perhaps the size of the quarterly loss. At a $17.3 million net loss after taxes (and a $10.4 million loss in adjusted EBITDA terms), FIRE shares fell in value below the $0.40 mark it’s been…
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Aurora Cannabis (ACB.T) drops financials, shows declines all over while spending heavy on execs
The quarterly financials news release just put out by Aurora Cannabis (ACB.T) isn’t exactly hype. It reflects a company coming to grips with the fact that it planned for a market that hasn’t emerged, that it has been one of the slowest to figure that out, and that there’s pain to come. “Despite delivering modest…
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Aurora Cannabis (ACB.T) dumps founding CEO Terry Booth as $1 billion in assets and goodwill to be written off
Alberta-based Aurora Cannabis (ACB.T) took a long trade halt today as it prepared to announce what the online rumour mill had been surmising all day – that the founding CEO of the company, Terry Booth, was out. $acb trading halt 10 minutes ago… hmmm I wonder if Terry is out ♂️ — Jason Spatafora (@WolfOfWeedST)…
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![Hexo (HEXO.T) Aurora (ACB.T), Organigram (OGI.T) shareholders totally bewildered by this common colour]()
Hexo (HEXO.T) Aurora (ACB.T), Organigram (OGI.T) shareholders totally bewildered by this common colour
To be a shareholder in Hexo (HEXO.T) Aurora (ACB.T) or Organigram (OGI.T) over the last 8 months, is to gain intimacy with pain, humiliation and their kissing-cousin abject despair.
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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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![Aurora Cannabis (ACB.T): is Cam Battley really worth $280 million?]()
Aurora Cannabis (ACB.T): is Cam Battley really worth $280 million?
On December 23, 2019 Aurora Cannabis (ACB.T) share holders’ painful year (the stock is down 65%) got worse with the announcement that ACB Chief Corporate Officer (CCO), Cam Battley is leaving the company to explore other opportunities. “Cam has been an integral part of the development, growth and expansion of Aurora,” stated Aurora CEO Terry…
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Canopy Growth (WEED.T) financials are catastrophic, $74m loss, $32m in returned product/writedowns
Listen up, true believers – Canopy Growth Corp (WEED.T) will not be rewarding your love any time soon. This isn’t news, obviously. We’ve told you this several times. Hell, your CEO told you the company would need at least three years to fly right. And yet, even after the company released financials today that showed…
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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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Aurora Cannabis (ACB.NYSE) shareholders are true winners
“Show me a good loser, and I’ll show you a loser,” stated Vincent Lombardi (1913-1970), head coach of the NFL team, the Green Bay Packers. Inverting this logic, bad losers must be winners. Which means Aurora Cannabis (ACB.NYSE) shareholders are the biggest winners in the world. Because they are extremely ungracious in defeat. “Aurora is…
