Tag: FIRE
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CannTrust (TRST.T): If you’re buying the bounce, you’re playing a dangerous game
Cannabis investors are a different breed. They’re amped way higher on positivity, cynicism, self belief, and sorrow, prone to the sort of mania that baseball card, Cabbage Patch Kid, and tulip enthusiasts know in their plums. When cannabis investors love a stock, there’s almost no amount of negative due diligence, blown up market cap, or…
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Jay-Z: what does a billionaire cigar-smoker know about selling weed?
Yesterday, San Jose based cannabis company Caliva announced that it has hired Jay-Z as a Chief Brand Strategist to help it penetrate California’s massive but ultra-competitive legal marijuana industry. Caliva is a private company that operates a weed farm and has two retail outlets in Northern California. It also sells flower, pre-rolled joints, vaporizers, edibles…
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Marijuana Update: Ravenquest (RQB.V), CROP (CROP.C), Lifestyle Delivery Systems (LDS.C), iAnthus (IAN.C), and trust
The ability to trust the people you put your money into is of utmost importance. ‘Management’ is oft cited as one of the pillars of a company’s success, but management in this instance could also be defined as ‘trust’. If I asked to borrow money from you in the street, your ability to trust me…
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Supreme (FIRE.T) preps for big shopping trip in Europe
On June 24, 2019 Supreme Cannabis (FIRE.T) announced the launch of Supreme Heights, an investment platform based in London, UK “focused on opportunities in the UK and Europe’s CBD health and wellness space.” Supreme Cannabis’ portfolio includes the kick-ass brand 7ACRES, plant genetics co. Cambium Plant Sciences, oil producer Medigrow Lesotho and a licensing deal…
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Supreme Cannabis (FIRE.T) is ready to lead the extracts boom ahead of final Health Canada approvals
Supreme Cannabis (FIRE.T) is clearing the final hurdles with Health Canada to make marijuana extracts a reality north of the border, setting the stage for a major production boost in a sub-industry worth billions. In a Tuesday press release, Supreme said it was on track to meet Health Canada’s amended cannabis regulations for edibles, extracts…
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Pasha Brands (CRFT.C) board of directors is a who’s who of cannabis stars
I can count on one finger the number of times I’ve looked at a board of directors announcement and thought ‘wow’. That count is currently at one. Pasha Brands (CRFT.C) has killed it out of the gate with a board consisting of Patrick Brauckmann, Rosy Mondin, Scott Walters, and Hugo Alves. You either know those names or you’re…
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Supreme Cannabis (FIRE.T): Enough screwing around, you guys, get behind quality
The old junior markets rule #1 is ‘buy rumour, sell the news’, and no company I’ve ever seen illustrates this in practice more than Supreme Cannabis (FIRE.T). For several years now, whenever it tiptoes upwards in share price, a news event happens and shareholders sell off. It happens like clockwork, and it’s infuriating. Don’t get…
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Shell Game: How Wayland Group (WAYL.C) built a paper empire and the loan that may drag it under
PROLOGUE: Cannabis companies, as we know them in our minds, rarely exist. Oh sure, some have buildings and staff, some grow things and others might even have a license. But even those with big buildouts and massive market caps are, for the most part, a promise of what’s to come, maybe, some time, kinda. But…
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Supreme Cannabis (FIRE.T) doubles production capacity
In Rock & Roll, the 3-chord song (tonic, subdominant, and dominant) – sometimes called the “I, IV and V” – is considered the most elegant structure. If Supreme Cannabis was a Rock & Roll song, here are its 3 chords: l – grow premium weed lV – brand premium weed V– sell premium weed On…
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TGOD vs Wildflower: Underplaying your hand as opposed to overplaying it
Two news releases wafted past me yesterday that caused me to dig deeper than the words written on the page. This sometimes happens out of necessity – a company has to release news about a topic but can’t go into detail yet, or has bad news they don’t particularly want to run a highlighter over.…