Tag: James E Wagner Cultivation
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MedMen (MMEN.C): The Kings of Cannabis are dead but the stink remains
“In a sector rife with terrible CEOs that have wasted company treasury and goodwill…none come close to Bierman in terms of self enrichment, entitlement, and outward facing douchery,” wrote Chris Parry on January 31, 2020.
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Do not adjust your TV sets – Heritage Cannabis (CANN.C) is a real business
New licenses, deals, products – that’s all good – but it’s not the nitty gritty stuff investors are looking for now. By “nitty-gritty” we mean – numbers. Four weeks ago, Heritage released its Q1, 2020 financials.
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![European office supplies manufacturer takes Wayland Group (WAYL.C) weed grow for $12.3m]()
European office supplies manufacturer takes Wayland Group (WAYL.C) weed grow for $12.3m
The Wayland Group (WAYL.C) announced Thursday Austria-based Ring Holding International AG will purchase their Maricann assets, which essentially make up their entire business, for the bargain price of $12.3 million as part of ongoing bankruptcy proceedings. The purchaser of the Maricann assets is a family office with a core focus on the manufacturing of lever…
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James A. Wagner Cultivation (JWCA) goes into creditor protection, financier jumps 50%
It’s never been clearer that many Canadian cannabis companies were built, from the outset, poorly. As the economy creaks and groans and every sector takes a hit from COVID-19 effects, cannabis should be an exception to the rule because, if my circle is any indication, a lot of folks are at home, bored, and getting…
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If the cannabis industry is desperate for capital, time to bet on the guys with capital
With a little over and hour left in the year 2019, past 10PM on December 31, I saw a news release from James E. Wagner Cultivation (JWCA.V) about a small $2 million loan they’d taken out. The timing of the announcement of their loan was surely not coincidental. Actually, thinking about it, ‘payday loan’ might…
