Tag: California cannabis
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Plus Products (PLUS.C): good deeds, good products, good numbers
“This will be the third year we have had the opportunity to partner with a local organization during pride month,” stated Mr. Heimark. “Last year we sold over 60,000 units and are looking forward to giving that record a run for its money this year.”
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How Plus Products’ (PLUS.C) CEO Jake Heimark conquered California – and what he’s gonna do next
While the Noveau-riche cannabis bosses partied with company credit cards, Plus Products put its head down, did the researching, the strategizing, eventually building products that sold like hotcakes.
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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.
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1933 Industries (TGIF.C) guidance predicts Q4, 2019 rev. of $5.2 million
On September 12, 2019, 1933 Industries (TGIF.C) provided guidance for Q4, 2019 – the quarter ended six weeks ago on July 31, 2019. 1933 Industries owns cannabis cultivation, extraction, processing and manufacturing assets, along with a portfolio of brands including: AMA flower and AMA concentrates, CBD-infused Canna Hemp, Canna Hemp X, and Canna Fused. “Guidance” refers to…
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Plus Products’ (PLUS.C) Q2, 2019 financials reveal $34 million war chest and surging revenues
On August 30, 2019 Plus Products (PLUS.C) released its unaudited financial & operational results for the three and six months ended June 30, 2019, expressed in U.S. Dollars. Today, Tuesday September 3, 2019, by mid-morning, PLUS stock is up 3%. Plus Products’ Q2, 2019 revenues increased 125% Over Q2 2018 to $3.6 Million. The company’s cash…
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The Tinley Beverage Company’s (TNY.C) California distribution leaves 2018 woes in their rear-view mirror
The Tinley Beverage Company (TNY.C) has shipped more than $200,000 worth of products to California distributors’ facilities in June and July. This latest batch completes the long saga that began with a production stoppage in the dying months of 2018 when they were forced to hold back orders of their cannabis-infused non-alcoholic beverages for repackaging…
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Plus Products (PLUS.C) dominates California edibles market
On July 17, 2019 PLUS Products (PLUS.C) announced “a new look” for its line of low dose cannabis infused edibles. It’s not intuitively obvious what was wrong with “the old look”. During Q4, 2018 Plus had three of the best-selling branded cannabis products in all categories including flower, vaporizers and edibles. According to BDS Analytics…
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Jay-Z: what does a billionaire cigar-smoker know about selling weed?
Yesterday, San Jose based cannabis company Caliva announced that it has hired Jay-Z as a Chief Brand Strategist to help it penetrate California’s massive but ultra-competitive legal marijuana industry. Caliva is a private company that operates a weed farm and has two retail outlets in Northern California. It also sells flower, pre-rolled joints, vaporizers, edibles…
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TransCanna (TCAN.C) and Lifestyle Delivery (LDS.C) plan to get married
When two people live on the same street, speak the same language, are in the same business and share the same lineage, it’s no surprise when they decide to hitch their wagons. So it is, with TransCanna (TCAN.C) and Lifestyle Delivery Systems (LDS.C) who, on June 29, 2019 entered into an exclusive agreement “to negotiate…