Tag: Lukas Kane
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![Merck (MRK.NASDAQ), Sanofi (SNY.NASDQ) – is Big Pharma a cancer?]()
Merck (MRK.NASDAQ), Sanofi (SNY.NASDQ) – is Big Pharma a cancer?
December 9, 2019 – “Merger Monday” – a couple of Big Pharma companies announced plans to acquire two cancer-focused biotechs – in separate deals worth a combined $5.2 billion. Merck (MRK.NASDAQ) agreed to buy ArQule (ARQL.NASDAQ) for $2.7 billion, while French drug giant Sanofi (SNY.NASDAQ) agreed to purchase Synthorx (THOR.NASDAQ) for $2.5 billion. MRK has…
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![MedMen (MMEN.C): cannabis catastrophe – 5 red flags everyone should have seen]()
MedMen (MMEN.C): cannabis catastrophe – 5 red flags everyone should have seen
MedMen (MMEN.C) owns 33 cannabis retail stores across 9 states. The stores have attractive exteriors, but the business inside is ugly. “MedMen reported another quarter of heavy losses [In Q1, 2020] as the California-based cannabis company scrambles to right-size and avoid bankruptcy,” reported an excellent Grizzle article, “with $11 million of quarterly interest expense against…
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![Triggered: Trump Jr. is right: liberals are full of hatred – here’s how to invest in it]()
Triggered: Trump Jr. is right: liberals are full of hatred – here’s how to invest in it
U.S President Donald Trump has five children. One of them, Donald Trump Jr., just wrote a book called “Triggered: How the Left Thrives on Hate.” Trump Jr. was a frequent guest-judge on his father’s reality TV show, The Apprentice, and he’s now V.P of the Trump Organization, alongside his siblings Ivanka and Eric. The thesis…
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![Why did Canopy (WEED.T) Aurora (ACB.T) and Aphria (APHA.T) gain $10 million per minute today?]()
Why did Canopy (WEED.T) Aurora (ACB.T) and Aphria (APHA.T) gain $10 million per minute today?
U.S. cannabis stocks exploded today. Canadian Cannabis stocks also exploded. Almost every stock with the word “cannabis” mentioned in the “About Us” link – exploded. Even MedMen (MMEN.C) – a money hemorrhaging retailer run by ass-clowns – was up 1%. A rare counter example: iAnthus Capital (IAN.C) was down 2% by mid morning. iAnthus had…
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![Los Angeles politician claims cannabis system is grossly unfair]()
Los Angeles politician claims cannabis system is grossly unfair
Los Angles City Councilman Herb Wesson roared into the news this week when he told the City of Los Angeles their cannabis licensing system was rigged against communities it was supposed to help. He has a point. Los Angeles has already approved 300 cannabis retailers and suppliers. The avalanche of first-round applicants buried city hall…
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Isracann (IPOT.C) spikes 36% as Snoop Dogg partners with an Israeli cannabis company
Being “original” in business is a double-edged sword. Yes – it’s good to stand out in the crowd. But – when you’re all alone – investors may fret that you are a mad zealot on a doomed solo mission. “Isracann (IPOT.C) is Israel’s first pure-play cannabis firm to list in Canada,” wrote Equity Guru’s Chris…
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![Busted Bitcoin pedophiles have started killing themselves]()
Busted Bitcoin pedophiles have started killing themselves
Two child-rape perverts killed themselves after the darknet’s “largest-known site of child exploitation videos” was busted. The South Korean website operator is in prison and 337 villains have been arrested after the U.S Department of Justice (DOJ) discovered their identities by following a trail of Bitcoin transactions. The scope of this issue is hard to…
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![Investor Alert: here’s what a regular Chinese communist thinks about the trade war]()
Investor Alert: here’s what a regular Chinese communist thinks about the trade war
I recently met an electrical engineer in Chengdu China I’ll call “Mr. Kin”. He’s 53 years old, works for a private utility company. He’s been a member of the Communist Party of China since he was 18 years old. Mr. Kin is not rich, but he’s not poverty-stricken either. His daughter is studying psychology at…
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CIBC’s (CM.T) cannabis coverage: is this Canadian bank a hot mess?
The Canadian Imperial Bank of Commerce CIBC (CM.T) – a $48 billion company with 11 million clients and 40,000 employees – just released a statement declaring that other cannabis industry analysts are lying or deluded about how much weed it is going to sell in the next two years. “Sales estimates for the legal cannabis…
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![Ontario Cannabis Czar “retires” just before financial shit-show hits fan]()
Ontario Cannabis Czar “retires” just before financial shit-show hits fan
The head of Ontario’s government cannabis agency, Patrick Ford, strategically retired just days prior to the revelation that the agency lost an astonishing $42 million on $64 million revenue this fiscal year. The “Ontario Cannabis Store” (OCS) oversees the provinces’ online and retail cannabis outlets. Ontario’s consolidated financial statements show the OCS racked up expenses…
