Tag: cannabis
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![Hemptown Organics opens financing to non-accredited investors]()
Hemptown Organics opens financing to non-accredited investors
A few years ago, we wrote one of our defining pieces at Equity.Guru, an article that opened a new world up for a variety of investors, and introduced them to a pre-public listing deal that, for a change, was opening up to the little guy. So you missed Canopy/Tweed coming to the market. You stood…
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GONE: CannTrust (TRST.V) execs bounced by board after 3 Stooges-like revelations of stupidity
We may never know whether it was the brazen hubris of doing a promotional video in front of an unlicensed grow room filled with illegal plants, or if it was the email trail the Globe and Mail discovered yesterday that showed top brass at CannTrust (TRST.V) were not only aware the company was growing illegal…
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CannTrust (TRST.T) executives should go to jail: Emails show deliberate criminality
There’s a difference between incompetence and criminality. Incompetence is “What? That’s weed? I thought those were tomato seeds!” Criminality is “1) RG8 is not licenced but has plants in it; 2) RG9 is not licenced but we are intending to put plants in it on Monday; 3) PA2A-E are not licenced but we have moved…
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‘The Plant’ by Westleaf (WL.V) gets first cannabis derivatives contract, and it’s huge
Three weeks after we introduced The Plant by Westleaf (WL.V), the state-of-the-art production facility located in Calgary, the company secured its first major contract to supply cannabis derivatives products. Under the contract, Westleafw will supply approximately CAD$4 million worth of the good stuff to Delta 9 (NINE.V), a vertically-integrated cannabis company located in Winnipeg, Manitoba. Delta…
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Flowr (FLWR.V) tries again after canceled high priced financing kills stock, walks into same pole
We’re seeing a lot of cannabis companies inflicting friendly fire on themselves these past few months, as companies dependent on big financings find the market isn’t as enamored with growth at all costs as they are. We’ve seen big write downs based on assets purchased with debentures that later convert to shares at unhelpful prices,…
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![GTEC Holdings (GTEC.C) snares Canopy Growth (WEED.T) grow facility in BC for $13m]()
GTEC Holdings (GTEC.C) snares Canopy Growth (WEED.T) grow facility in BC for $13m
As Canopy Growth Corp (WEED.T) retools in the wake of CEO Bruce Linton’s firing earlier this month, buzz on Cannabis Street was that there’d be assets flipped to help get the weedzilla back to its core business. Today we saw the first volley as GTEC Holdings (GTEC.C) bought a Kelowna, B.C. expansion site from Canopy…
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Berz-Erka: Livewell unhalts after 8 months as Eureka 93 (ERKA.C), rolls back 15:1, loses 90% of its value
We talked to the folks behind Livewell a lot, back in the day. Seemed a good deal, certainly a team that talked a good game. Even bought a little personally. But there was always a coda attached. The projections and plans were big. Maybe too big. Here’s me, the first time I covered them. Little…
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Namaste (N.C) drops 2x financials, and they’re trash: Also, duh
Namaste Technologies (N.C) has been working hard to get Q1 financials together for some time, a task made harder by the fact their previous CEO, a sentient man-bun with arms and legs by the name of Sean Dollinger, ran the company in the manner of a Kowloon brothel. Namaste, was at one point announcing new…
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![Supreme Cannabis (FIRE.T) gets serious about weed 2.0 with Truverra acquisition]()
Supreme Cannabis (FIRE.T) gets serious about weed 2.0 with Truverra acquisition
On July 17, 2019 Supreme Cannabis (FIRE.T) announced that it has signed an “acquisition agreement” to gobble up all the shares of a privately-held Truverra Inc. Supreme will be handing over 14.7 million FIRE shares, giving the deal a dollar value of $20 million based on FIRE’s “closing price on July 16, 2019”. Editor’s note:…
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SUPREME DAY: Absurdly under-valued Supreme Cannabis (FIRE.T) takes over Equity.Guru
Since I’ve known and been covering former Supreme Cannabis (FIRE.T) CEO and current President John Fowler, I’ve referred to him as the T-1000. The name, initially anyway, was just a throw away line. But it stuck over the years, because I wasn’t the only one who saw him as part man, part machine, all unstoppable.…
