Tag: weed
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Cannabis stocks set for a reversal?
I love to look for beat up sectors. From a fundamental perspective, perhaps there are deals out there waiting to be made. From a technical perspective, all markets move in cycles. Nothing moves in an uptrend forever or a downtrend forever. When I find beat up sectors that meet my technical criteria, I get excited.…
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Harborside (HBOR.C) books 2020 revenues of $63 million – 130% of its market cap
Harborside’s full year 2020 gross revenues expanded 29% year-over-year to $63.4 million.
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Canopy Growth Corp (WEED.T) makes $435m offer for Supreme Cannabis (FIRE.T)
In the annals of history, the concept of ‘win/win’ will be looked back on by future folk to be properly defined by today’s news Canopy Growth Corp (WEED.T) is making an offer for Supreme Cannabis (FIRE.T) at a $435m valuation. Admittedly, it’s not a win for those long underwater on FIRE stock, but acquisitions aren’t…
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Harborside (HBOR.C) invests $5-million in Loudpack – a CA cultivator with a deep portfolio of branded products
Loudpack is a California cannabis company with “a broad cultivation, manufacturing, processing, and distribution footprint and a strong portfolio of brands”.
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Canntab (PILL.C) yeets another patent for hard-pressed, long release cannabis pills
I’ve made no secret of the fact that the Canadian cannabis market frequently annoys the hell out of me. What I want is for it to be a mature space that more and more adults are making use of, and that is free to innovate, free to be excellent, free to market itself properly, and…
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Harborside (HBOR.C) raises $20 million, narrows focus on California, projects 2021 cannabis revenues equal to its current market cap
The January 20, 2021 press release declared that HBOR is “expecting gross revenues in line with previously issued guidance of approximately $61 – 63 million, and positive EBITDA”.
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Harborside (HBOR.C) buys another California dispensary
With HBOR’s track record of revenue-growth-per-location, the addition of FGW is likely to accelerate revenue growth.
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Heritage Cannabis (CANN.C) up hard on Alberta sales news
No cannabis companies splits investors squarely down the middle like Heritage Cannabis (CANN.C). Despite ongoing good news and deals with larger players, a sizable section of the legacy cannabis investing community has just never been able to get on board with the Canadian weedco – until this week. Our Joseph Morton blew the trumpet on…
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Harborside (HBOR.C) reports good Q3, 2020 financial results
During Q3 2020, Harborside generated total gross revenues of approximately $19.6 million, representing a 21.2% sequential growth over Q2, 2020
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Harborside (HBOR.C) upgrades California grow-op, launches clone sales, pushes rev. projections higher
The company’s in-house brand, Harborside Farms will begin sales of clones grown at its Salinas facility at all Harborside branded locations, including Desert Hot Springs.