Tag: weed
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Canopy Growth (WEED.T) financials are catastrophic, $74m loss, $32m in returned product/writedowns
Listen up, true believers – Canopy Growth Corp (WEED.T) will not be rewarding your love any time soon. This isn’t news, obviously. We’ve told you this several times. Hell, your CEO told you the company would need at least three years to fly right. And yet, even after the company released financials today that showed…
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Navigating the cannapocalypse through value picks: Don’t be swayed by optimists or cynics
Yesterday, weed stocks were generally green. The day before too. This brought about a load of folks on social media talking about how ‘cannabis is back!’ and ‘the bear market is over!’ Ugh. Seriously, you guys. It’s not over. Not by a long shot. Currently, Canopy Growth Corp (WEED.T), the big bellwether of the cannabis…
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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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![Cambridge House’s XFuture event spearheads brave new world of psychedelic treatments]()
Cambridge House’s XFuture event spearheads brave new world of psychedelic treatments
Last minute attendees can register for Cambridge House’s Extraordinary Future event here and use promocode: FUTURE30 for 30% off. The Extraordinary Future Conference – running September 22-23, 2019 at the Vancouver Convention Center – helps investors find profitable positions in cutting edge science and tech companies. Sneek Peak: “Zen” Ken Kuiper earns his moniker with…
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Chemesis (CSI.C) adds 3 dispensaries and a hemp cultivation license
Some of our clients are too quiet. They’ll go months without putting out a press release. When we call to verify that there’s still someone in the office, we’ll receive a riveting impromptu verbal update. Other clients are too noisy. Yes – it’s good to keep the name of your company in the news. But…
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Jim Cramer likes Cronos (CRON.C) more than Canopy Growth (WEED.T), but should you?
In late August, Jim Cramer, host of CNBC’s Mad Money program, said he believes Cronos Group (CRON.C), and Aphria (APHA.T) are better investments than Canopy Growth (WEED.T). Cramer pointed to Canopy’s disappointing Q2 performance as evidence the largest Canadian cannabis player had lost a step. (On Canopy): “That was a terrible quarter. It was a terrible quarter, they still have…
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The cannabis bubble Canopy Growth (WEED.T) created is now the tsunami killing everyone
The cannabis bubble is not yet bursting, but the likelihood that it will go by the time you read this is high. The markets are wobbling hard for a multitude of reasons, but the cannabis sector is reeling because the bellwether cannabis stock, Canopy Growth Corp (WEED.T) is in freefall. Other companies that exist as…
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Vapen (VPN.C) drops financials showing another quarter of actual profits
I’ll say it. Vapes aren’t as fashionable on the cannabis investor markets as they once were. Right now you guys really like, well, nothing, but a few years back, if you went to Alibaba Express and got a shipping container of pink vapes sent over by the guy who usually does fidget spinners, the markets…
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Canopy Growth (WEED.T) gives GTEC Holdings (GTEC.V) time extension to finance growhouse acquisition
Their share price has never reflected it, but boy howdy do GTEC Holdings (GTEC.C) manage to nail milestones. “We’re going to get a cultivation license!” Nailed it. “We’re going to get a processing license” Nailed it. “We’re going to get a sales license!” Nailed it. “We’re going to get another cultivation license!” Nailed it. By…
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Most big LPs followed Canopy Growth’s (WEED.T) road to hell… Supreme (FIRE.T) is running the other way
Last week, after telling investors they weren’t going to release their quarterly financials until 8pm Eastern, Canopy Growth Corp (WEED.T) pulled a fast one and tossed them out early, likely expecting we weed investor types would be home asleep, stoned, trying to figure out which Indian joint could deliver a biryani to our laps,when their…
