Close-ology is a mining term used to describe companies that are close to another company that is running red hot, and may justifiably make the case that they can be hot too. For some, like serial ring-staker Ryan Kalt, close-ology is a business model. The moment someone announces they've found something interesting in Dildo, Newfoundland or Punkydoodle Corners, Ontario, Kalt's crew hops on their laptops, busts out the credit card, and register claims all around it, sometimes without ever having walked the land.
One of the things that pisses a lot of investors off about the resource sector is, the confluence of events most investors are looking for - revenues in and a smaller amount of expenses out - you know, 'actually doing business' - rarely occurs, because so few resource deals ever move into actual production.
If you've been around this joint for a while, you'll have seen us arguing folks would be silly to invest in MedMen (MMEN.C) if hanging on to your money is a thing you aspire to do. That's not because we have a hate on for the dude-bros running the show, or because they're not a client, or because we're short sellers, or any of the other 50 or so reasons MedMen homers have thrown at us over the last few years as a rationale for us not seeing the company in the same rose-coloured way they do. It's because MedMen is, and has always been, shit.
Technology public markets newbie AMPD Ventures (AMPD.C) has had an interesting first 7 weeks on the market, initially doubling in value out of the gate, before profit taking and short selling drove it well down to 2/3 of its initial financing price in just as quick time.
50 years I’ve been bumbling around this planet, and the best damn weekend I’ve had on it to date occurred recently, under the influence of mushrooms.
Not sure what took them so long, but there’s a new CEO at Canopy Growth Corp (WEED.T), and he’s exactly what we thought he’d be; a finance guy, and a Constellation Brands (STZ.NYSE) guy.
Dionymed (DYME.C) gives investors a checklist for disaster, and Invictus (GENE.V) is ticking a lot of boxes
Dionymed Brands (DYME.C) is – sorry, was – the low hanging fruit of the cannabis bubble burst. It was always a goner for anyone who looked hard enough, but in a market where aspiration was rewarded more than perspiration, Dionymed sent out all the right news releases to keep the joke going longer than it should.
Isracann BioSciences (IPOT) is the first pure pot play growing in the Promised Land. You may not think this middle east nation state is a tactical choice when it comes to legal weed, but Israel leads the world in medical cannabis research with some researchers joking they are going to write the Torah of cannabis.
A tale of two factories: World Class Extractions (PUMP.C) and Naturally Splendid (NSP.V) might surprise you
Over the last month I’ve left the happy confines of Casa Guru a few times and headed out to the suburbs to catch up with old friends. Both trips turned out to be surprising and interesting experiences with a similar message; “The market doesn’t see us, but we’re doing the work and quietly confident we’re at the start of something great.”
The evolution of the web. Photo courtesy of Blockgeeks Web 3.0 is still being defined but experts believe it will create a deeply indexed information superhighway not only serving its users with a unique experience based on preference, but it will also support an army of artificially intelligent virtual agents capable of analyzing petabytes of unstructured data and returning actionable results. Sounds brilliant, but hard realities like the one-size-fits all cloud solutions offered by AWS and the relative immutability of the speed of light, our current system would crumble under the weight of Web 3.0. Companies like Ampd Ventures (AMPD.C) are positioning to facilitate Web 3.0 with their leading-edge last-mile high performance computing solutions.
The partnership between Emerald Health (EMH.V) and Village Farms (VFF.V) was never going to be smooth sailing, glittery rainbows, and under-taint kisses until the end of time. Let’s face it, brothers will always fight, especially when money is involved. However, a betting man might have thought the partnership between these two would make it through two Thanksgivings intact, especially as their ensuing brand of cannabis tops the sales charts.
Beleaguered Canadian cannabis company Beleave (BE.C) just posted financials after the close of trading on a Friday, which is, as we well know, ‘Friday news dump’ time.