Tag: weed
-
![iAnthus (IAN.C) shareholders all but wiped out by Gotham Green Partners in recapitalization deal]()
iAnthus (IAN.C) shareholders all but wiped out by Gotham Green Partners in recapitalization deal
For a large part of its early days, one of the main selling points of US multi state cannabis store operator iAnthus (IAN.C) was that it was seemingly run by adults. Unlike their colleagues at MedMen (MMEN.C), which revealed itself as a self-dealing executive wealth generator from day one, iAnthus painted a picture of experience,…
-
Folks are shocked – SHOCKED – that Canopy Growth (WEED.T) lost the money it told you it was going to lose
Far be it for me to stand up for Canopy Growth Corp (WEED.T), a company that has only succeeded in one thing in its entire existence; convincing folks to buy its stock despite never having done anything else right. In recent quarters, and through three CEOs, Canopy has been pretty darn forthright that it was…
-
![Fair trade: Green Organic Dutchman (TGOD.T) does the hard, sensible things required to reset]()
Fair trade: Green Organic Dutchman (TGOD.T) does the hard, sensible things required to reset
Because this story is about The Green Organic Dutchman (TGOD.T) and cannabis investors bear grudges, the vast majority of people reading it will already be saying the words, “Fuck Parry, you’ll pump anything for money.” So let’s get some things out of the way before we start. 1) TGOD isn’t paying for this story, and…
-
Canopy Growth Corp (WEED.T) to detonate another $800m in assets in bid to find balance sheet harmony
There’s no doubt a lot of people invest in a sector by just plopping their dough behind whichever company is the biggest, or the one they’ve heard of most, without actually looking at the fundamentals of that company. This is as much a cemented belief for me as the belief that songs that get played…
-
Aurora (ACB.NYSE) rolls back, Gaia Grow (GAIA.V) rolls on
“The simple fact of the matter is ACB is getting around a THIRD of their product returned in real dollar terms,” wrote Equity Guru’s Chris Parry two months ago, “That means they either REALLY suck at growing weed, or they really sucked at figuring out what the market was going to look like when planning…
-
Cannabis beverages are here at last: So where the hell are they?
When the cannabis edibles space first became a potentially legal thing in Canada, my first thought was about how my life would change for the better when I could drink a beverage that would either hit me with a nice shot of CBD, or wipe me out with THC, or hey – maybe both. Fast…
-
![GTEC Holdings (GTEC.C) CEO locks down the future, thumps chest on Twitter]()
GTEC Holdings (GTEC.C) CEO locks down the future, thumps chest on Twitter
GTEC Holdings (GTEC.C) is a company we’ve written about a lot, a BC-based cannabis grower that laid out a business model of multiple small licensed grow facilities, hitting the premium artisan weed market. Their products are great, their costs are low, and they’ve never yet benefited from the irrational weed booms of the ’15, ’16,…
-
3 Sixty Secure (SAFE.C) goes on bonkers one-day run, halted by regulators
When a stock that couldn’t get arrested for most of the last year suddenly nearly doubles in a single day, you’d expect to find some sort of paper trail that would point to why. But after 3 Sixty Secure (SAFE.C) went from $0.055 to $0.095 in just a few hours toward the end of today’s…
-
Cannabis companies take a leaf from the baseball playbook, but sacking CEOs at Supreme (FIRE.T) and Experion (EXP.V) won’t placate the masses
The bodies of cannabis company CEOs are starting float down river. Honey, the CEOs ain’t the problem. Name one weed company CEO any other company would hire… I’ll wait.
-
2019 weed wrap: The end of the cannabis cycle of cannabis cycles
Like the old Twilight Zone episode where helpful aliens leave behind a book called ‘To Serve Man’, only for us to find out later it’s a cookbook, investors have been welcomed and fattened up nicely by alpha predators as they unwittingly await their slaughter, not realizing that, they’re at the predator’s table because they’re the…
