22 November 2024

Tag: financials

Psyched for this weeks news from CYBN.NE, PSYC.C, MNMD.Q, MSET.C, FTRP.Q, MYCO.NE, RVV.C, FH.NE, CMND.C, ATAI.Q

This week, news from the psychedelic sector has been dominated by patent applications and earnings being released. Here’s the run down of this week’s news. Cybin (CYBN.NE) It’s been a busy week for Cybin. Last week, after market close, they released their financials for the quarter ending on June 30, 2021, which showed they had…

21 August 2021
Filament Health (FH.NE) releases financials for Q2 of 2021, Tom Kineshanko transitioning from President to Founding Advisor

Filament Health (FH.NE) to release their unaudited financial results for the second quarter of 2021, a period that ended June 30, 2021. As of June 30, Filament had $7.8 million in cash and cash equivalents. This includes $5 million which was raised through a private placement that closed on June 21. That private placement included…

17 August 2021
Heritage Cannabis (CANN.C) launches new consumer product as global cannabis stocks rally 61% in Q4, 2020

CANN focuses on extraction and the creation of derivative products for recreational and medical consumers.

12 January 2021
Heritage Cannabis (CANN.C) granted oil sales licence – CannaCure’s Fort Erie facility in focus

CannaCure’s goal is “to transform the global marijuana landscape through innovative growth strategies and strategic partnerships with manufacturers of cannabis products.”

14 October 2020
Heritage Cannabis (CANN.C) is so close profitability, it’s breaking social distancing rules

Sharples believes that Purefarma, Pura Vida, new contract manufacturing agreements, expansion of Canadian territories, the edibles product launch and the acquisition of Opticann expanding CANN’s U.S. presence will accelerate revenue going forward.

1 October 2020
GTEC Holdings (GTEC.C) CEO locks down the future, thumps chest on Twitter

GTEC Holdings (GTEC.C) is a company we’ve written about a lot, a BC-based cannabis grower that laid out a business model of multiple small licensed grow facilities, hitting the premium artisan weed market. Their products are great, their costs are low, and they’ve never yet benefited from the irrational weed booms of the ’15, ’16,…

18 March 2020
Green Organic Dutchman (TGOD.T) drops fat quarterly loss, underwhelming revenues

No company in the Canadian cannabis space polarizes people like Green Organic Dutchman (TGOD.T), which roared to the public markets on perhaps the biggest promote yet seen, raised nine-digit totals along the way, swept in more first time private placement participants than any company before them, and then did… well… nothing, for a long time.…

11 March 2020
Yeah we lost money, what’s it to you? 1933 Industries (TGIF.C) takes the transparent route and we love it

Regular readers will know I’ve been a little quiet of late on the cannabis space, which is by design. If I’m not going in full welly on a given sector or company, I’m certainly not going to suggest you should, and quite frankly the cannabis business was overdue for a reckoning, as I stated back…

29 November 2019
GTEC Holdings (GTEC.C) playing it tight as cannabis financing dries up across sector

For the last few years, if cannabis companies wanted money, there was a long line of folks happy to oblige. More recently, those financiers have dried up, causing raise-addicted cannabis pubco execs to reach for their ‘balance sheets for dummies’ text books and have urgent meetings with accountants regarding how they stay alive. GTEC Holdings…

10 October 2019
Isodiol International (ISOL.C) trims fat and shows upward trend but is it too late?

Full disclosure: Isodiol International (ISOL.C) was previously an equity.guru marketing client and we have no issue being honest about it. We politely told Isodiol it had some issues which needed to be addressed and we did not ask to renew our contract, though we have been watchful for any indication of potential turn in their business…

20 August 2019