Tag: cannabis
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CannTrust (TRST.T) cannabis sales license suspended by Health Canada, and the clock is ticking
Turns out running an illegal drug operation out of your legal, licensed drug operation isn’t such a good business model. Health Canada announced today what many had long assumed was coming, when they suspended CannTrust’s (TRST.T) license to sell and process cannabis in the wake of ongoing allegations of illegal behaviour. When TRST stock was…
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CannTrust (TRST.T) sacks workers, calls it ‘commitment to regulatory compliance’
There’s an old damage control routine that goes, instead of admitting you have a problem, you focus on how you’ve fixed the problem you had, so the interested observer focuses on your fix and not your initial incompetence. CannTrust is at that chapter in their Damage Control 101 textbook. In a news release titled, “Canntrust…
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Why legal cannabis in BC is completely fucked, and literally the worst system in Canada
I had an idea a few weeks ago, one that I hadn’t bothered with sooner because, truth be told, I’m not a weed guy. I like the investment opportunity, and I’ve lately taken to the wonderful effects of CBD, but I’m not much of a straight up weed dog. But hey, I thought, I keep…
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Former Zenabis (ZENA.T) CEO flushing stock hard: 1 million shares down, 23 million to go?
Zenabis (ZENA.C) has four cannabis grow facilities. And it has four licenses. And it says it’s building out 2.75 million square feet of grow space. Amazing. All of those things are things you’d like to see a cannabis company doing. So why is the stock chart this? Well, most cannabis companies are having at least…
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The cannabis bubble Canopy Growth (WEED.T) created is now the tsunami killing everyone
The cannabis bubble is not yet bursting, but the likelihood that it will go by the time you read this is high. The markets are wobbling hard for a multitude of reasons, but the cannabis sector is reeling because the bellwether cannabis stock, Canopy Growth Corp (WEED.T) is in freefall. Other companies that exist as…
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“We do not wish to comment further on the dead fish situation,” says HEXO (HEXO.T)
Earlier this month, a news blurb all of 184 words published by thecannabisstock.com ran with the headline, “HEXO is officially not responsible for the death of thousands of fish in Gatineau,” raising more questions than answers. HEXO (HEXO.T) tersely responded to an inquiry regarding the events which unfolded this August, saying only “We do not…
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![Fear and loathing in the cannabis space: Get off 48North’s (NRTH.V) dick already]()
Fear and loathing in the cannabis space: Get off 48North’s (NRTH.V) dick already
The most important phase of the life cycle of any ecosystem is where the inhabitants realize they can get sustenance and advantage from killing the lifeforms around them, rather than cohabiting. Monkeys turn cannibal when food supplies are low, ants go to war with other ants, ivy strangles the trees hosting it, influenza kills the…
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Vapen (VPN.C) drops financials showing another quarter of actual profits
I’ll say it. Vapes aren’t as fashionable on the cannabis investor markets as they once were. Right now you guys really like, well, nothing, but a few years back, if you went to Alibaba Express and got a shipping container of pink vapes sent over by the guy who usually does fidget spinners, the markets…
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Canopy Growth (WEED.T) gives GTEC Holdings (GTEC.V) time extension to finance growhouse acquisition
Their share price has never reflected it, but boy howdy do GTEC Holdings (GTEC.C) manage to nail milestones. “We’re going to get a cultivation license!” Nailed it. “We’re going to get a processing license” Nailed it. “We’re going to get a sales license!” Nailed it. “We’re going to get another cultivation license!” Nailed it. By…
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Most big LPs followed Canopy Growth’s (WEED.T) road to hell… Supreme (FIRE.T) is running the other way
Last week, after telling investors they weren’t going to release their quarterly financials until 8pm Eastern, Canopy Growth Corp (WEED.T) pulled a fast one and tossed them out early, likely expecting we weed investor types would be home asleep, stoned, trying to figure out which Indian joint could deliver a biryani to our laps,when their…
