Tag: cannabis revenues
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![HEXO (HEXO.T) surges 20% after it raises $57.5 million “to do stuff”.]()
HEXO (HEXO.T) surges 20% after it raises $57.5 million “to do stuff”.
To be blunt, Hexo is selling $15 pizzas with food-costs of $40. It’s not a great business model.
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![The Good, the Bad & the Ugly; Trulieve Cannabis (TRUL.C), KushCo Holdings (KSHB.OTC) and Hexo (HEXO.NYSE) release financials]()
The Good, the Bad & the Ugly; Trulieve Cannabis (TRUL.C), KushCo Holdings (KSHB.OTC) and Hexo (HEXO.NYSE) release financials
“Borrowing money and expanding hard in competition with MedMen (MMEN.C) is a two-edged sword,” explained Equity Guru’s Chris Parry, “In a strong market, you’re building far more value than you’re borrowing but, in a down market, you’re under extra pressure to keep things together when debts come due.”
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![Nextleaf (OILS.C) cuts a deal with an Ontario cannabis grower]()
Nextleaf (OILS.C) cuts a deal with an Ontario cannabis grower
OIL’s CEO, Paul Pedersen, believes the key to a strong sustainable cannabis extraction business is innovative technology protected by international patents.
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![World Class (PUMP.C) spikes 25% on agreement to purchase Pineapple Express]()
World Class (PUMP.C) spikes 25% on agreement to purchase Pineapple Express
March, 2020 PED revenues increased 265% from those in January, 2020 – as the company’s operations ramp up to satisfy growing demand.
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![World Class (PUMP.C)/Canntab JV receives cannabis extraction licences]()
World Class (PUMP.C)/Canntab JV receives cannabis extraction licences
World Class has begun to deliver the BOSS C02 Extraction Systems along with peripheral equipment to Canntab’s Markham facility. The facility is fully scalable – further BOSS systems are expected to be deployed as demand increases.
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![Gaia Grow (GAIA.V) sells hemp, buys cannabis stores]()
Gaia Grow (GAIA.V) sells hemp, buys cannabis stores
The deal proposes that Gaia will acquire “all of the share capital of 1202465 B.C. (Nelson store) and Patriot Cannabis Brands (2 Powell River stores) from Blackhawk.
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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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![World Class Extractions (PUMP.C) releases financials]()
World Class Extractions (PUMP.C) releases financials
On December 23, 2019 World Class Extractions (PUMP.C) reported its operating and financial results for Q2, 2019 ended October 31, 2019. Earlier this month, Equity Guru principal Chris Parry toured the WCE extractor factory in BC’s lower mainland. “Rosy Mondin, CEO of WCE, is an industry expert in hot demand, from legislators looking for information…
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Aurora (ACB.T) predicts Q4 $100 million revenue – then the calculator jams
On Aug. 6, 2019 Aurora Cannabis (ACB.T) released “selected financial metrics” for Q4 2019 – which ended June 30, 2019. This gives investors a sneak peek, prior to official audited earnings, at some of the numbers. ACB’s Q4, 2019 Financial Projections: Last quarter Aurora reported $65.1 million net revenue, so the Q4 number is up…
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Heritage Cannabis (CANN.C) signs monster deal with Cronos (CRON.T)
On July 25, 2019 Heritage Cannabis (CANN.C) announced a vape-device deal with the $6.6 billion Cronos Group (CRON.T). Heritage will fill and package vaporizer devices for the Canadian rec and medical markets. Specifically, vape fulfillment for the Spinach and PEACE NATURALS brands, “utilizing multiple unique and proprietary formulations provided by Cronos Group.” The deal has…
