Tag: cannabis
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Ascent Industries (ASNT.C) lands on the CSE Thursday: You’ll want to dig in on this
A few years back, when Health Canada wasn’t really handing out cannabis grow or sales licenses, I attended a meeting in a crappy chain restaurant by the highway in North Richmond. That meeting was packed. It was a collection of MMAR growers, folks who owned unused warehouses, rampant weed activists, accountants who were ready for…
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iAnthus Capital (IAN.C) bucks the downward weed trends with US dispensary plans
I missed it. Y’all can point and laugh, but when folks said to me a year ago, “Hey, what about iAnthus Capital?” (IAN.C), I shrugged and said, “I can’t keep an eye on everyone,” and went back to my toys because it was small and US focused and meh. iAnthus, to me, back then, was…
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Biome Grow (OAA.C) adds former Moosehead Brewery president as director
You can’t buy stock in it on the markets yet but the growing Sasha Jacob/Khurram Malik-steered cannabis play Biome Grow (soon to be RTOed into OAA.C) is adding to its roster with a name that announces some fairly serious intentions, according to news dropped Monday. Orca Touchscreen Technologies Ltd. target Biome Grow has appointed Steven…
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![C21 Investments (CXXI.C) makes big $25m+ acquisition of Nevada grower, dispensary pioneer]()
C21 Investments (CXXI.C) makes big $25m+ acquisition of Nevada grower, dispensary pioneer
The market is enjoying news released by C21 Investments (CXXI.C) that it has agreed to acquire Silver State Relief LLC and Silver State Cultivation LLC, for a sum that dwarfs any previous Canada-buys-US-assets deal, and adds nicely to its growing portfolio of US cannabis assets. President and CEO of C21 Robert Cheney stated: “Our entire C21…
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Green Organic Dutchman (TGOD.C) closes $25m financing to finance acquisitions/expansion
I get calls sometimes from Green Organic Dutchman (TGOD.C) comms guy Danny Brody. They usually go like this: Brody: Have you seen the news we just put out? Me: No, you just put the news out. Brody: It’s great. Everything is coming together. Me: Okay, but I was hoping to get a little time off…
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Sproutly: The cannabis monster in the making you’ve never heard of
I hated him. My head was pounding. Sick for a week. Struggled into the Sproutly boardroom convinced I looked like eighteen miles of bad road and my voice sounded like Jar Jar Binks in a wind tunnel. The view from the office was magnificent, but I couldn’t focus on it, or anything. I was in…
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Livewell (LVWL.V) and prosper: Undervalued cannabis play rips on the open
“Little Canopy” – that’s the two word slugline we came up with to describe Livewell Canada (LVWL.V), which hit the Canadian markets yesterday with a bang and ripped in early trading Friday, rewarding early private placement investors with a $0.95 to o$1.82 profit – so far. There’s a lot more to it than two words,…
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![Brands, brands, brands: You want ’em, we got ’em, but some aren’t what you think]()
Brands, brands, brands: You want ’em, we got ’em, but some aren’t what you think
In 2014, I said before a crowd at one of the first cannabis company conferences, ‘forget growing weed – nobody invested hard in barley and hops after prohibition ended – they wanted to invest in brands, the Seagrams and Canadian Clubs and Budweisers, that got the maximum margin out of every ingredient.’ I’ve said similar…
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CROP Infrastructure (CROP.C) buys 30% stake in US grow facility at bargain price
If you got a phone call from an exec at Cronos Group (CRON.T) and said exec offered to let you buy 30% of their entire grow, which we have down as 42k sq ft, on current market cap ($1.6 billion) they’d likely be looking for around $500m for it. If you got another call from…
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Turning it around: The lesson Lifestyle Delivery Systems (LDS.C) has for MedMen (MMEN.C)
To say there have been angry phone calls these past few days would be an understatement. Folks who helped take MedMen Enterprises Inc. Class B Subordinate Voting Shares (MMEN.C) (hey, that’s the CSE’s label, not mine) to the public markets and were looking at making a great amount of cash doing so, aren’t so pleased that our…
