Tag: California
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1933 Industries (TGIF.C) blows up, jumps 35% preceding California harvest announcement
You’ve gotta love it when a plan comes together: 1933 Industries (TGIF.C), which has been banging the same ‘we’re grownups, we’re doing it right, hang tight’ drum for several years now, dropped news this February 14 that will make any Valentine’s heart swell with joy. “Following the completion of a combined 20,000-square-foot expanded cultivation, extraction,…
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![MedMen (MMEN.C) CEO Adam Bierman resigns but his pockets continue to fill]()
MedMen (MMEN.C) CEO Adam Bierman resigns but his pockets continue to fill
From the day it landed on the stock market, MedMen (MMEN.C) was a company that drew derision and ire based almost entirely on the decision of its founders to lather themselves in hefty bonuses, hoard most of the voting shares, offer themselves enriching golden parachutes, and put themselves above the shareholders and the long term…
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This is an actual MedMen (MMEN.C) news release
When a cannabis company loses a lot of money every quarter, and has to sell real estate, cancel acquisitions, lay off staff, renegotiate existing financing to higher interest rates and offer stock to new financiers at a discount to the market price, all to stay afloat, one might expect their newsflow to show bold new…
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![MedMen (MMEN.C) lay offs reveal an even deeper sickness within]()
MedMen (MMEN.C) lay offs reveal an even deeper sickness within
So the braintrusts over at MedMen (MMEN.C) have devised a new and novel way to staunch their company’s steady and consistent bleeding: they’re going to lay enough people off that they reduce their overhead to a sustainable rate. Given that the company lost $277 Million in 2019, it’s not unexpected. Sometimes costs need to be…
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Plus Products (PLUS.C) sheds short-term gain for long-term profitability in CPG segment
Plus Products (PLUS.C) is a proponent of the hyper-specialization approach in a sector which, at least once upon a time, prided itself on vertical integration across a wide swathe of products. The company operates in California and Nevada, selling their consumer packaged goods (CPG) edible products which include gummies, mints and more. A respectable cash…
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MedMen (MMEN.C) yearly loss was $1m more than Supreme Cannabis’ (FIRE.T) entire market cap
“Fiscal 2019 was a transformative year for Medmen, with over two million completed retail transactions to date and revenues increasing 227% year-over-year,” said Adam Bierman, Medmen co-founder and chief executive officer in a news release that should see the company gutted on the markets Tuesday. Despite Bierman’s attempts at turd polishing, you don’t have to…
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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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![The Tinley Beverage Company (TNY.C), weed drinks and its plans for world domination]()
The Tinley Beverage Company (TNY.C), weed drinks and its plans for world domination
“California is North America’s largest beverage market. Plus it’s the continent’s largest cannabis market,” says the founder and CEO of The Tinley Beverage Company (TNY.C). Tinley knows drinks. Raspy and dry as a Manhattan, the CEO rattles off factoids about sticker placement and the importance of shelf height which would seem more at home in…
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Sol Global (SOL.C): The only weed company I know that lists ‘divestments’ on its website
Andy DeFrancesco is the devil. Just ask anyone. The worst guy in the weed business, the archangel of bad asset deals, the shell master of Florida. He’s got investigative journalists who write about nothing other than him, he’s got shareholders at various companies that have bought things from him screaming at him for taking their…
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![Chemesis (CSI.C) QuickStrip: the Puerto Rico opportunity]()
Chemesis (CSI.C) QuickStrip: the Puerto Rico opportunity
Chemesis International (CSI.C) announced today that they have started selling Rapid Dose Therapeutics’ (DOSE.C) QuickStrip oral thin strips across the United States and Puerto Rico. QuickStrips is a sublingual delivery system for THC, CBD and other compounds that sports a low onset time. You pop it under your tongue and it dissolves in seconds, like…
