Tag: California
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AgraFlora (AGRA.C) sells non-core assets to ICC Intl (WRLD.U), will focus on 2.2m sq ft greenhouse
Regular readers know I’ve been critical of ICC International (WRLD.U) for some time, but news today the company would purchase AgraFlora Organics’ (AGRA.C) Colombian pharmacy assets brings me a rare opportunity to applaud both players in the deal. ICC International Cannabis Corp. (CSE: WRLD.U) is pleased to announce that the Company has entered into a…
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Wildflower Brands (SUN.C) fires stock out of a cannon to be first movers in BC dispensary scene
You’ve got to hand it to Wildflower Brands (SUN.C) boss William Maclean, he’s a sucker for an opportunity. Back in the day, Wildflower’s origin story was they were going to grow weed on Vancouver Island. But the residents went all NIMBY, so he looked to Washington State. Then he locked in on vapes, then CBDs,…
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The HIKU crowd are getting the band back together: Stately is now a thing
There’s a really important graphic in the investor presentation from the guys behind Stately, who were previously the guys behind HIKU/Tokyo Smoke, and before that were the guys behind DOJA, and before that were the guys who started the premium underwear line, Saxx. DOJA wasn’t a big play. It was a nice little facility in…
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Sproutly (SPR.C) doubles on revelations of beverage partner negotiations/license granting
Oh, how you laughed. “Sproutly?” you exclaimed. “A cannabis beverage company? Right. Okay. Sure.” Then you chuckled as you turned your back. Who’s laughing today? Sproutly (SPRT.C) has sat churning since late November, down a half from where it opened its life on the Canadian public markets, with no amount of news about good people…
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Cresco Labs’ (CL.C) no-premium acquisition offer of Origin House (OH.C) is… alright
This morning, Chicago-based Cresco Labs (CL.C) announced it would be acquiring Origin House (OH.C) (formerly CannaRoyalty) in an all-stock deal worth CAN$1.1 billion. The offer comes in at CAN$12.68 per Origin House share. Origin House closed Friday at $12.05, which leaves the premium on the deal being less than amazing. In fact, the stock has…
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SLANG Worldwide (SLNG.C): I have seen the future of cannabis, and this is it
That’s a pretty salesy headline, huh? I mean, I couldn’t have given a higher five to a company in an ultra competitive space with billions in valuations flying around the world than to say, ‘this is the future.’ What I’m suggesting is, one company is on the ultra right path, and not many others are.…
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Chemesis (CSI.C): The hard moving global cannabis venture that gets it, even if you don’t
In talking to Chemesis (CSI.C) CEO Edgar Montero, one thing becomes abundantly clear: You can go ahead and grow all the marijuana you want, and he won’t begrudge you your opportunities. He just doesn’t think that’s going to change the world, nor be bait for a bigger player looking for acquisitions, nor be a means…
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Plus Products (PLUS.C) California edibles deal goes public as TGOD spins off US asset
When I call up a CEO and hear their pitch, I mentally rank where that pitch sits in terms of intelligence, opportunity, trustworthiness, alongside all the pitches I’ve heard before. Like a Top Gear leaderboard, it’s hard to crack that list alongside such all-time greats as CannaRoyalty (CRZ.C), iAnthus (IAN.C), and Green Organic Dutchman (TGOD.T).…
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MedMen (MMEN.C) employees outraged at dispensary tipping clawback.
Equity Guru has been approached by several employees of MedMen’s (MMEN.C) California dispensaries who are telling us colleagues are walking out, upset about a new and unexplained pay cheque deduction that hit this week. MedMen, a CSE-listed US cannabis dispensary chain, built around high-end retail outlets geared towards urban professionals, boasts that its stores are…
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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…