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”.
Well-known Vancouver media personality, Jody Vance, spoke with Plus Products co-founder and CEO, Jake Heinmark, for a closer look at the company’s edible portfolio, its
With HBOR’s track record of revenue-growth-per-location, the addition of FGW is likely to accelerate revenue growth.
The state of Nevada is in a bit of a bind. There isn’t much to do in quarantine if you’re unemployed and worried about if
If you believe the well founded rumours that US Multi State Operator (MSO) Verano will be going public in Canada this month, you’re probably keen
The S&P 600 & TSX20 are down by 2.3% and 0.74% respectively The Canadian 10-year bond down by 0.00% and the US 10-year bond down by 0.00% as
Fire & Flower Holdings (FAF.T) along with its Fire & Flower subsidiary signed on the dotted line to acquire Quad Nine Investments, the owner of
I can’t possibly be the only person who reads about a company engaged in a corporate social responsibility campaign and wonders immediately what they’re trying
During Q3 2020, Harborside generated total gross revenues of approximately $19.6 million, representing a 21.2% sequential growth over Q2, 2020
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.
Fire & Flower Holdings (FAF.T) bought Friendly Stranger Holdings in an all-share deal today, including 11 cannabis retail stores in Ontario with another four that
At a time when Hexo Cannabis (HEXO.T) has written off practically everything they’ve ever owned and will rollback 8 to 1 to maintain some chance
On October 19, 2020 Harborside (HBOR.C) announced that it has reached a definitive agreement to acquire 50.1% of FGW Haight – a California co. that has the “conditional-use approval” to operate a cannabis dispensary and related businesses in the iconic Haight Ashbury area of San Francisco, Calif.
The adults stumbled in from the garage reeking of booze and cannabis like they did every Friday night when I was a kid, and those
Last quarter’s gross revenue was 73% of the company’s current market cap.
Curaleaf Holding (CURA.C) intends on expanding their line of Select Oil products to better service the Ohio medical market with 11 million residents and presently
Let’s take a step back. Take a breath. Maybe meditate or toss back a tequila shot. Okay, we good for a chat? It’s been a
Sharples believes that Purefarma, Pura Vida, new contract manufacturing agreements, expansion of Canadian territories, the edibles product launch and the acquisition of Opticann expanding CANN’s U.S. presence will accelerate revenue going forward.
Acreage Holdings (ACRDF.U) opened its first dispensary in downtown Chicago, Illinois, and the second in the state earlier this week, according to a press release.
Meta Growth (META.V) opened a new Meta Cannabis Supply retail store at 2859 Pembina Highway in Winnipeg, Manitoba today. The Pembina South Store is META’s
Esteemed California cannabis gummies maker Plus Products (PLUS.C) issued quarterly financials Thursday showing a substantial turnaround as their Nevada and national CBD growth plans take
Radient Technologies (RTI.V) and Premium 5 received their first order from the British Columbia Liquor Distribution Branch, totaling 22 stock-keeping units (SKU), including their Live
HARV’s Arizona revenues would likely get turbo-charged when/if the state flips to legal recreational cannabis.
Medipharm Labs’ (LABS.C) has agreed to supply premium, pharma-grade cannabis products to with Ottawa region based Hybrid Pharm, but there’s a bit more to this
When shareholders gather, it’s rarely for good intentions, and thus we see a pitched battle breaking out at cannabis investment group Australis (AUSA.C) HQ where
Pharmadrug (BUZZ.C) and Eve & Co (EVE.C) subsidiary, Natural MedCo (NMC), entered into a supply agreement today for bulk and finished EU-GMP (European Union good
1933 Industries (TGIF.C) added flower and prerolls to their portfolio of brands today, according to a press release. The notion involved is that other cannabis
Vext Science (VEXT.C) acquired the occupancy certificate for a second dispensary in northern Phoenix today, which will be leased out to the Organica Patient Group
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
National cannabis retail chain Choom Holdings (CHOO.C) was embarrassed Monday after details of its 27-page appeal to the Vancouver Board of Variance asking that body
Trulieve Cannabis (TRUL.C) has partnered with Florida-based Heavendropt as part of their TruVet program. The program was launched earlier this year to teach vets about
Curaleaf Holdings (CURA.C) completed its acquisition of cannabis nonprofit and holder of one of the original six medical licenses in New Jersey, Curaleaf NJ, today.
“In a sector rife with terrible CEOs that have wasted company treasury and goodwill…none come close to Bierman in terms of self enrichment, entitlement, and outward facing douchery,” wrote Chris Parry on January 31, 2020.
Fincanna Capital (CALI.C) has restructured the previously agreed upon royalty agreement with its portfolio company QVI, located in Sonoma county, California, to account for some
Loblaws’ (L.T) big ass 1300-store pharmacy chain, Shoppers Drug Mart, announced this morning they’re now offering same day delivery of medical cannabis products in the
If you stop and think about it, the fact that Vext Science (VEXT.C) only lost USD$1 million in Q1 of 2020 is fantastic. Today’s news,
Cannabis is dead. In an industry which used to boast of so much life and promise, we have only surviving companies hunting and scrounging for
Inner Spirit Holdings (ISH.C) announced that five of their franchise partners have secured retail store authorizations (RSA) for Spiritleaf cannabis stores in Toronto, Ottawa and
Flu season has come and gone and with it went COVID-19, and now spring has sprung and there’s uncertainty in the air. Stores are opening
Farmako GmbH, a subsidiary of Agraflora Organics International (AGRA.C), and ZenPharm, subsidiary of Zenabis Global (ZENA.T), joined into a binding supply term sheet, which serves
Choom Holdings (CHOO.C) entered into an agreement to acquire Phivida Holdings (VIDA.C) for in an arm’s-length all-share deal for $7.3 million yesterday. For the longest
Trulieve Cannabis (TRUL.C) has partnered with several Florida-based non-profits in support of Pride Month. Throughout June, a portion of the proceeds from the TruProd in
You will grow through what you go through. It sounds like one of those motivational platitudes spouted at high speed on whatever social networking platform
On Friday, May 22, 2020, the Province of Manitoba joined the growing list of provinces easing up on cannabis restrictions this weekend in their bid
Pineapple Express, a subsidiary of World Class Extractions (PUMP.C) has pulled in total revenue of $819,931. Recognizing the need to expand their distribution web, World
Isracann Biosciences (IPOT.C) is accelerating efforts to service an anticipated increase in demand for both domestic and EU markets. Isracanna is Israel’s only pure pot
May you live in interesting times. When you want to quietly and subtly insult someone and wish them serious harm, you gotta go Chinese. There’s
Inner Spirit Holdings (ISH.C) secured a retail operator license (ROL) for their Spiritleaf retail cannabis stores, and has met the eligibility criteria for Ontario for
Having already capitalized on Ontario cannabis-shops misfortune at having their essential status revoked by Doug Ford, World Class Extractions (PUMP.C) subsidiary, Pineapple Express Delivery, has
Hollister Biosciences (HOLL.C) is normally a cannabis company. They have products in 220 dispensaries throughout California, and now they have caught wind that mushrooms might
Body and Mind (BAMM.C) and Comprehensive Care Group LLC have opened a dispensary in West Memphis, Arkansas, near the border with Tennessee, but with the
World-Class Extractions (PUMP.C) subsidiary, Pineapple Express Delivery Inc., entered into an agreement with CannaLogic Solutions today, to provide Canadian dispensaries access to their e-commerce and
“Medical marijuana dispensary owners who opted to expand into the adult-use market largely would do so in their existing physical locations,” stated The Phoenix New Times, “adding new staff and providing separate sales counters for medical and retail customers.”
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
Cresco Labs’ (CL.C) is hiring and training restaurant industry and hospitality service workers who have recently lost their jobs to fill 250 retail positions for
“Borrowing money and expanding hard in competition with MedMen (MMEN.C) is a two-edged sword,” explained Equity Guru’s Chris Parry, “In a strong market, you’re building far more value than you’re borrowing but, in a down market, you’re under extra pressure to keep things together when debts come due.”
Curaleaf Holdings (CURA.C) added three new dispensaries to its growing cannabis empire today. These three dispensaries come from the Alternative Arrow Care (AAC) line of
It’s time for your quarantine-inspired COVID-19 weed stock rundown, so grab a coffee and follow along because really what else do you have to do?
Long time readers know, a year or two back, we wrote a lot about a US multi-state operator (MSO) in the cannabis dispensary space, iAnthus (IAN.C). We liked the company as it accelerated its dispensary acquisition program but stopped coverage in early 2019, with the shareprice in the $5 range, as it began to overpay for assets in a land grab with competitors we believed would ultimately have few winners. Today, iAnthus has put out some uncomfortable news announcing that, because it is involved in a lawsuit with creditors, it has chosen to default on debenture interest payments.
Inner Spirit Holdings (ISH.C) and a subsidiary of Atlantic Cultivation signed a master agreement that will take Spiritleaf cannabis stores into Newfoundland and Labrador today.
When the Nazis were conducting nightly bombing raids on London and the surrounding territories during the second world war, the citizens would wake up everyday
The deal proposes that Gaia will acquire “all of the share capital of 1202465 B.C. (Nelson store) and Patriot Cannabis Brands (2 Powell River stores) from Blackhawk.
Fire & Flower (FAF.T) announced their Ontario expansion plans, including acquisitions of stores in Ottawa and Kingston, today. Part of the company’s Ontario expansion plans
Last week Hollister Biosciences (HOLL.C) signed a letter of intent to acquire Arizona-based award-winning medical cannabis distillate and related product extraction brand, Venom Extracts, in
Harvest Health and Recreation (HARV.C) acquired Arizona Natural Selections and their four vertical medical licenses in an undisclosed all stock deal today. The acquisition brings
1933 Industries (TGIF.C) has kept their January 7th promise to get the first harvest of their California operation in full swing, while getting their Canna
In 2017, the going logic of legalization was that everyone would be either smoking, vaping or ingesting cannabis in some way once it became legal,
Australis Capital (AUSA.C) has entered into a non-binding letter of intent to acquire omnichannel payment services provider Paytron, LLC. Paytron’s been around since 2015, and
From the day it landed on the stock market, MedMen (MMEN.C) was a company that drew derision and ire based almost entirely on the decision
AgraFlora Organics International’s (AGRA.C) European subsidiary Farmako GmbH has received the go-ahead from the Home Office in the U.K. for a controlled drug licence. This
“The core business, which is derived from an Arizona licensed vertically integrated model, generated USD $13 million in revenues during the first two quarters of 2019,” confirmed Equity Guru’s Sam Bourgi last October.
Ironically, VEXT is a healthy cannabis business, and investors are quickly gaining confidence in it.
1933 Industries (TGIF.C) announced that they’re ready to begin manufacturing their line of CBD wellness products, and debuted their subsidiary, Alternative Medicine Association’s, branded THC
AgraFlora Organics International (AGRA.C) closed its deal to acquire the Good Company GmbH, the parent of the German EU medical cannabis distributor, Farmako GmbH. Farmako
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 main course.
Famous Brandz, one of High Tide’s (HITI.C) subsidiaries, signed into a royalty-based merchandising license with FFFB Media LLC to use The Fabulous Furry Freak Brothers
Agraflora Organics International (AGRA.C) is opening farm-gate stores in a high population density area with hopes of attracting new customers, while taking greater control of
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.
On December 5, 2019 CLS Holdings (CLSH.C) announced that it has completed the buildout and licensing for phase 1 of its north Las Vegas processing
On January 10, 2018 (almost two years ago), the Canadian Marijuana Index peaked just north of a 1,000. At that time, the valuation of almost
On December 2, 2019 Sol Global (SOL.C) released its Q2, financial results for the three and six-month period ended September 30, 2019. SOL Global invests
MedMen (MMEN.C) owns 33 cannabis retail stores across 9 states. The stores have attractive exteriors, but the business inside is ugly. “MedMen reported another quarter
Regular readers will know I’ve been a little quiet of late on the cannabis space, which is by design. If I’m not going in full
Canopy Growth (WEED.T) received its operating and secure storage license from Health Canada for its 150,000 square foot beverage facility located at company headquarters in
Acreage Holdings (ACRG.U) hopes to leverage their newest acquisition, the medical cannabis non-profit Compassionate Care Foundation (CCF) to get access to the New Jersey cannabis
So the braintrusts over at MedMen (MMEN.C) have devised a new and novel way to staunch their company’s steady and consistent bleeding: they’re going to
Curaleaf Holdings (CURA.C) partnered with nonprofit cancer fighter Badges of Courage Foundation throughout the month of October to raise money for low-income women recently diagnosed
On November 05, 2019 CLS Holdings (CLSH.C) announced that “In Good Health”, a licensed medical dispensary, will begin the sale of recreational cannabis from its
When cannabis companies first appeared on Canadian public markets, it was all about cultivation, the bigger the land package, the higher the market cap. Didn’t
Nobody is very happy with SOL Global (SOL.C) at the moment. $HARV can’t seem to close their financing which was announced in July. How will $SOL
Los Angles City Councilman Herb Wesson roared into the news this week when he told the City of Los Angeles their cannabis licensing system was
Curaleaf (CURA.C) closed their amended acquisition of the Cura Partners, owner of the Select brand, in an all-stock transaction. The company originally signed a definitive
“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,
1933 Industries’ (TGIF.C) subsidiary Canna Hemp X will introduce the Birdhouse CBD balm on November 4, 2019. The CBD balm is part of the partnership
Choom Holdings (CHOO.C) has been granted a development permit to open a retail cannabis store at 191 W. 2nd Avenue, in Vancouver, B.C. The location
Of all the stupid, tin-eared, extended news releases I’ve seen posted on a Monday morning, I’ve rarely seen one as stupid, tin-eared and extended as
When a gentleman or mademoiselle makes a decision to honour the dark arts of predatory investing, occasions such as these times, when the black clouds