5 November 2024

Tag: best-canadian-cannabis-companies

1933 Industries (TGIF.C) scrambles to keep up with increased Nevada cannabis demand

Last week, Nevada Governor Steve Sisolak allowed the shops to continue at-home deliveries because marijuana is considered an “essential business”, reported The Reno Gazette, “Much like the grocery stores trying to fill orders for rice and potatoes, cannabis retailers cannot fill marijuana delivery orders fast enough.”

1 April 2020
Vext Science (VEXT.C) ramps up Hemp/CBD operation in Kentucky

In VEXT’s latest financials we learned that “Gross Revenues increased 36% to USD $18.8 million for the nine months ended September 30, 2019 from USD $13.8 million for the nine months ended September 30, 2018.”

14 February 2020
1933 Industries (TGIF.C) is getting bigger, bolder, more badass

On January 22, 2020 1933 Industries (TGIF.C) gave the market an update on its bulk hemp processing facility in Las Vegas, USA. The facility will be capable of producing isolated cannabinoids such as CBD, CBG, CBC and CBN, as well as full spectrum and broad-spectrum oils without THC. The proprietary extraction system will reduce industry-standard…

24 January 2020
1933 Industries (TGIF.C) 2019 sales were 20% of its current market cap

Cannabis investors exhibit the same psychological characteristics as Dutch teenagers, a “volatile mix of anxiety, irritability, exuberance and despair.” With teenagers, the irrational mood swings are due to “stress points around the uneasy transition toward adulthood.” Cannabis investors don’t have this excuse.

10 January 2020
SLANG Worldwide (SLNG.C) enters a new US market

This deal gives Standard Wellness an exclusive license to produce and distribute the SLANG product suite in Ohio. SLANG will derive revenue for each branded product sold in the state, with sales expected to begin in 2020.

7 January 2020
Yield Growth (BOSS.C) looks into 2020 crystal ball and sees a shroom boom

Through its subsidiaries, Yield Growth has over 200 proprietary beauty, wellness, edibles and beverage formulas for commercialization. It has filed 13 patents to protect its extraction method and IP. Yield Growth earns revenue through multiple streams including licensing, services and product sales.

20 December 2019
Chemesis (CSI.C) Q1, 2020 cannabis revenue up 279% – official “survivor” status?

On January 10, 2018 (almost two years ago), the Canadian Marijuana Index peaked just north of a 1,000. At that time, the valuation of almost every cannabis company looked rich. Today, the Canadian Marijuana Index is at 212 (down 80%). These days, the pom-poms are locked firmly in a drawer, but it is worth pointing…

4 December 2019
SOL Global (SOL.C) revs up in Florida, financials dragged down by Verano investment

On December 2, 2019 Sol Global (SOL.C) released its Q2, financial results for the three and six-month period ended September 30, 2019. SOL Global invests in cannabis related companies in legal U.S. states, hemp and CBD marketplaces and the emerging European cannabis and hemp territories. Its business activities encompass cultivation, distribution, retail – and an…

3 December 2019
Empower Clinics (CBDT.C) expands sales force to service California CBD market

Last week Empower Clinics (CBDT.C) announced that it has hired some young commissioned-based sales people to expand its Sollievo CBD line in Southern California. Empower is a multi-state CBD life sciences company, that operates a network of health & wellness clinics for its nine corporate locations and franchises in the United States. Empower manufactures and…

29 November 2019
Slang Worldwide (SLNG.C) releases Q3, 2019 financials

On November 26, 2019 Slang Worldwide (SLNG.C) announced that it has filed its financial results for the three and nine months ended Sept. 30, 2019. Slang also released details of a $15 million raise through a non-brokered private placement. SLANG is a cannabis consumer packaged goods company, focused on acquiring, developing and creating regional and…

27 November 2019