Tag: marijuana
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Aurora Cannabis (ACB.T) is either smarter than everyone else with its Medreleaf (LEAF.T) deal, or…
I have a theory, and I’ll probably never know if it’s accurate, but it goes like this: Medreleaf’s (LEAF.T) executives and board looked at its valuation recently and said to themselves, “It’s never going to be higher than it is right now. We should find someone to buy us right now because farming is hard work…
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Dumb places to put your weed dollars: Maple Leaf Green World (MGW.E)
My former boss used to say, “Horse racing? Why bother? I could just smash my head on a wall, throw red wine on my shirt, burn $500, and save myself a day.” I’ve stolen his line many times, and will do it again today. “Invest in Maple Leaf Green World (MGW.E)? Why bother? I could…
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Vinergy Resources (VIN.C) finally kills off long fruitless deal with MJ Biopharma
They won’t tell us why, but the long drawn out change of business deal with MJ Biopharma that was being engaged in by Vinergy Resources (VIN.C) is over as of today. Why did this happen? God, it could be any number of things. MJ Biopharma’s principals may not have passed due diligence, the business case…
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Stop saying ‘this is a good time to buy’.. it’s not. It’s a crash. Back away from the keyboard.
Jesus crap on a pogo stick, you people never learn. So last week, right when we said it would, the weed market began to prolapse. And on social media all I heard was, “This is a great time to buy on dips.” Early this week, it kept rolling downhill, and on social media all I…
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Called it: Invictus MD Strategies (IMH.V), Abcann (ABCN.V) and DOJA (DOJA.C) defy weed market gravity
Invictus MD Strategies (IMH.V) announced today that it has delivered 120kg of cannabis to Canopy Growth Corp (WEED.T), its first B2B delivery of flower, to be sold through that company’s CraftGrow line alongside PEI’s Island Garden. “On behalf of the Canopy Growth team, I want to congratulate the AB Labs team for achieving this milestone,”…
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Weed stocks: Time for a dad talk
Scene in a casino: Two men at a roulette table, beers in hand. You: I love roulette! Me: Yeah, me too. How much are you putting down? You: $10k on red! Spin it! [red comes up] Me: Hey, nice going! What are you going to do now? You: Double down! Let it roll! [red comes…
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Quadron Cannatech Corp. (QCC.C) sends the Boss to U.S., stock soars 58% in one day.
Quadron Cannatech made the first sale of their shiny and cool Boss CO2 extraction system to a U.S. Client today. The name of the client wasn’t disclosed, but Quadron did note this was the third sale of their rig in two weeks. This marks the latest in a series of moves where QCC has really…
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Weed, The Final Frontier – Lifestyle’s (LDS.C) brush with the law reminds us how new the market is
On Friday, Chris wrote about Lifestyle Delivery System’s (LDS.C) facility being raided by the local sherriff. In response LDS released a statement explaining their facility did in fact have a license and was fully supported by the local city and chamber of commerce, titans of industry, your aunt Marge, etc. It seems law enforcement is…
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I hate to say I told you so – Golden Leaf Holdings (GLH.C) zooms 22% in one day
I knew it. Today, Golden Leaf Holdings’ (GLH.C) announced its subsidiary Medical Marijuana Group (MMG) received the cultivation license for its massive grow operation in Ontario. The news sparked a big spike in GLH stock today, with a rise of over 25% by close of trading. (source: Google) Today’s run is the latest in a…
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Financial heavyweights hand $25 million cheque to Invictus MD (IMH.V)
There are 54 publicly-traded companies in the Cannabis Stock Index – a virtual portfolio managed by 420 Investor. How much bandwidth do you have? You need a big brain to differentiate the business objectives of 54 different companies. But a few of these cannabis companies do stand out. One of those is Invictus MD (IMH.V). In…
