Tag: GTEC
-
The cannabis bubble Canopy Growth (WEED.T) created is now the tsunami killing everyone
The cannabis bubble is not yet bursting, but the likelihood that it will go by the time you read this is high. The markets are wobbling hard for a multitude of reasons, but the cannabis sector is reeling because the bellwether cannabis stock, Canopy Growth Corp (WEED.T) is in freefall. Other companies that exist as…
-
![How GTEC Holdings (GTEC.V) found itself down but not out]()
How GTEC Holdings (GTEC.V) found itself down but not out
GTEC Holdings (GTEC.V) is in a bind. In other words, it’s down. Its own management would, and did, say as much. An article posted last month by thedeepdive.ca titled “Is GTEC Holdings Essentially Bankrupt?” called into question the company’s cashflow issues and its declining share price. What was GTEC CEO Norton Singhavon’s response? “I thought the points they…
-
Canopy Growth (WEED.T) gives GTEC Holdings (GTEC.V) time extension to finance growhouse acquisition
Their share price has never reflected it, but boy howdy do GTEC Holdings (GTEC.C) manage to nail milestones. “We’re going to get a cultivation license!” Nailed it. “We’re going to get a processing license” Nailed it. “We’re going to get a sales license!” Nailed it. “We’re going to get another cultivation license!” Nailed it. By…
-
![GTEC Holdings (GTEC.C) puts Tumbleweed grow-op into production]()
GTEC Holdings (GTEC.C) puts Tumbleweed grow-op into production
On August 19, 2019 GTEC Holdings (GTEC.C) announced that its 100% owned Tumbleweed Farms has been granted a “Standard Cultivation, Processing and Medical Sales Licences, pursuant to the Cannabis Act and Regulations by Health Canada.” Tumbleweed is a purpose-built cultivation facility located in Chase, British Columbia – named after an American, Whitfield Chase, who worked…
-
GTEC Holdings (GTEC.C) subsidiary gets a sales license, makes product available nationwide
It’s like clockwork, every damn Friday afternoon. I think I’m getting out early to enjoy the weekend, anticipating the chance to get shittered on negronis, only for Health Canada to drop one of their usual Friday afternoon updates on their list of cannabis licenses. And, as per usual, it’s GTEC Holdings (GTEC.C) that’s getting another…
-
![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…
-
![GTEC Holdings (GTEC.C) subsidiary Grey Bruce Farms snares Health Canada cultivation license]()
GTEC Holdings (GTEC.C) subsidiary Grey Bruce Farms snares Health Canada cultivation license
GTEC Holdings (GTEC.C) joins the slender ranks of companies in the cannabis space with multiple licenses at hand, with the news Friday afternoon that it’s Grey Bruce Farms subsidiary has been granted a cultivation license by Health Canada. Run by long time cannabis advocate Deb Howlett, the newly license brings another woman into the cannabis…
-
Marijuana update: Speakeasy shuffle, Sproutly looming, Canopy CEO sell-off
Was just looking at a bunch of news releases, trying to figure out which to cover when I remembered, ‘didn’t you just use to do all of them?’ Why yes, self, I did. So let’s give ‘er to everyone, just like the old days. NOTHING EASY AT SPEAKEASY (EASY.C) I’ve had several nice discussions with…
-
Cannabis Life Sciences (CSE:CLSH.U): The US multi state operator value pick
I love it when the market is busy fighting over inflated market caps, because I’m a Moneyball guy. I like value, and while a lot of money has moved toward Canadian cannabis operators in recent years, the size of the market down south is only now starting to become clear. There’s still some value floating…
-
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.…
