Tag: canopy-growth
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![Nova Cannabis (NOVC.T) and Legal Cannabis in Canada, is the worst behind us?]()
Nova Cannabis (NOVC.T) and Legal Cannabis in Canada, is the worst behind us?
The road for Canadian legal cannabis operators has been littered with hardship since the industry took a header in 2019. Restrictive regulations, combined with bad business practices in a saturated market produced a blood bath of bankruptcy that caused investors to run for the hills. With little available capital and a staggering over capacity, private…
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![What’s Going On In Cannabis: A Mini Roundup]()
What’s Going On In Cannabis: A Mini Roundup
The overall health of the cannabis sector still isn’t good. Think crypto and blockchain in the winter of 2018 and you get an idea of what we’re looking at. Getting into the weeds on this one eliminated a few of my suspicions about what might be causing it—there isn’t an exorbitant amount of companies drowning…
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![Pure Extracts Technologies (PULL.C) pushes on and shows no pandemic fatigue]()
Pure Extracts Technologies (PULL.C) pushes on and shows no pandemic fatigue
In the times of yore before COVID-19 sent us scurrying back to our caves for self-reflection and Overlook Hotel style shenanigans, the brass here at Equity Guru sent me on a mission to the snowy wastes of Pemberton, British Columbia. The company I was visiting was Pure Extracts Technologies (PULL.C), a cannabis and hemp biomass…
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![Cambridge House’s XFuture event spearheads brave new world of psychedelic treatments]()
Cambridge House’s XFuture event spearheads brave new world of psychedelic treatments
Last minute attendees can register for Cambridge House’s Extraordinary Future event here and use promocode: FUTURE30 for 30% off. The Extraordinary Future Conference – running September 22-23, 2019 at the Vancouver Convention Center – helps investors find profitable positions in cutting edge science and tech companies. Sneek Peak: “Zen” Ken Kuiper earns his moniker with…
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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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![Canopy Growth (CGC.NYSE) is losing $41 per second – does that matter?]()
Canopy Growth (CGC.NYSE) is losing $41 per second – does that matter?
Canopy Growth’s (CGC.NYSE) Q4, 2019 results reported a net loss of $323 million Canadian dollars. That’s $41 loss per second. $2,500 per minute. $150,000 per hour. $3.6 million dollars a day. By any reasonable measure, that’s heavy bleeding. Yes – cannabis is a frontier market. It’s so new, it’s still bathed in amniotic fluid. Eighteen…
