Tag: growing
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Aurora Cannabis (ACB.T) drops financials, shows declines all over while spending heavy on execs
The quarterly financials news release just put out by Aurora Cannabis (ACB.T) isn’t exactly hype. It reflects a company coming to grips with the fact that it planned for a market that hasn’t emerged, that it has been one of the slowest to figure that out, and that there’s pain to come. “Despite delivering modest…
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Fundamental Hype: Vivo Cannabis (VIVO.V) doubles stock price in no time flat: But why?
Way way waaaay back, when Equity.Guru was a young pup and the cannabis industry was still being built on fumes of promise, Vivo Cannabis (VIVO.V) – formerly AbCann – was an industry darling. For a hot minute, anyway. The reasons why Vivo fell off the table and not only grew out of favour, but almost…
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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…
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![SpeakEasy Cannabis (EASY.C) still wants to be Canada’s biggest grow and retail investors are buying it]()
SpeakEasy Cannabis (EASY.C) still wants to be Canada’s biggest grow and retail investors are buying it
On the same day mega-grower Cronos Group (CRON.T) said it no longer sees square footage and production capacity as “key performance indicators,” and will cease disclosing them, SpeakEasy Cannabis (EASY.C) put out a surprisingly tone-deaf news release touting its aim to become one of the largest producers in Canada. $CRON basically signaling it isn’t in the…
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CannTrust (TRST.T) sacks workers, calls it ‘commitment to regulatory compliance’
There’s an old damage control routine that goes, instead of admitting you have a problem, you focus on how you’ve fixed the problem you had, so the interested observer focuses on your fix and not your initial incompetence. CannTrust is at that chapter in their Damage Control 101 textbook. In a news release titled, “Canntrust…
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Tilray (TLRY.Q), TGOD, Acreage (ACRG.U) post awful Q2 financials, but who doesn’t? Canadian system is built to underperform
We’re in the middle of financial season, and that’s proving to be a real rollercoaster. Among companies releasing financials today, Acreage Holdings (ACRG.U), Flower One Holdings (FONE.C), Green Organic Dutchman (TGOD.T) and Tilray. Tomorrow is Aleafia (ALEF.C), the hideous CannTrust (TRST.T), Charlotte’s Web (CWEB.T), Neptune Wellness (NEPT.T), Trulieve (TRUL.C), and the monster that is Canopy…
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![Experion Biotechnologies (VIR.V) starts telling its story, and you get the savings!]()
Experion Biotechnologies (VIR.V) starts telling its story, and you get the savings!
Jay Garnett from Experion Biotechnologies (VIR.V) has precisely zero f’s to give about building a million square feet of cannabis grow. He’s not buying a hemp farm in the Outer Hebrides, or a license application in Mongolia, or a mega greenhouse near the airport in Nunavut. He’s got a ten acre property in BC with…
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![Isracann Biosciences (IPOT.C): The TGOD of Israel gathers a large early retail investor base]()
Isracann Biosciences (IPOT.C): The TGOD of Israel gathers a large early retail investor base
A few days ago, I published a story about our friends from HIKU/Tokyo Smoke/Doja/Saxx who, having exited from their last company with a $400m+ acquisition by Canopy Growth Corp (WEED.T), were quietly gathering investors for their next deal, Stately. That deal had closed quickly, with way more money looking to get in than they had…
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Cresco Labs’ (CL.C) no-premium acquisition offer of Origin House (OH.C) is… alright
This morning, Chicago-based Cresco Labs (CL.C) announced it would be acquiring Origin House (OH.C) (formerly CannaRoyalty) in an all-stock deal worth CAN$1.1 billion. The offer comes in at CAN$12.68 per Origin House share. Origin House closed Friday at $12.05, which leaves the premium on the deal being less than amazing. In fact, the stock has…
