Tag: team pump
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MedMen (MMEN.C) yearly loss was $1m more than Supreme Cannabis’ (FIRE.T) entire market cap
“Fiscal 2019 was a transformative year for Medmen, with over two million completed retail transactions to date and revenues increasing 227% year-over-year,” said Adam Bierman, Medmen co-founder and chief executive officer in a news release that should see the company gutted on the markets Tuesday. Despite Bierman’s attempts at turd polishing, you don’t have to…
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Relevium (RLV.V) CEO lashes out against Equity.Guru in news release, ‘Streisands’ his own failings
The Streisand Effect is defined by Wikipedia as, “a phenomenon whereby an attempt to hide, remove, or censor a piece of information has the unintended consequence of publicizing the information more widely, usually facilitated by the Internet.” At Equity.Guru, we know about the Streisand Effect. We saw it in action when MedMen threatened to sue…
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Anatomy of a shit-show: Saint Jean Carbon (SJL.V) wants to be a fidget spinner
Over the last few years, we’ve shivved a lot of terrible companies trying to pull a fast one on investors and, almost always, when we do, we face a few weeks of abuse from that company’s faithful. When we said Imagination Park (IP.C) was a bullshit fantasy playing on most people’s ignorance of the virtual…
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Cannara Biotech (LOVE.C) makes MedMen look like a charitable institution
Cannara Biotech (LOVE.C) is a pig. I mean, okay. Pigs are actually kind of cool, they’re smart and bacon tastes good and they like a tummy rub, so Cannara is not actually a pig. But it is a trap for your money, and you should ideally not play with money traps because their sole purpose is,…
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Tepid Aphria (APHA.T) response to short report accusations sees stock hammered – again
It’s all gone pear-shaped over at Aphria (APHA.T) a day after a short report was filed by Quintessential Capital Management, following up on an earlier short report by Hindenburg Research. In the report, admitted short sellers claimed they’d traveled the globe looking for companies and properties Aphria purchased, sometimes from companies that board members owned…
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MedMen (MMEN.C) goes public Tuesday, but three executives will make most of the money on the deal
The risk, when allowing US weed deals to come up north to go public, is that they’ll bring their OTC way of doing things up here and soil our pretty little pubco kingdom. I mean, let’s be clear – the Canadian venture capital markets are a rank pit of vipers that live by sucking on…