You've gotta love it when a plan comes together: 1933 Industries (TGIF.C), which has been banging the same 'we're grownups, we're doing it right, hang tight' drum for several years now, dropped news this February 14 that will make any Valentine's heart swell with joy. "Following the completion of a combined 20,000-square-foot expanded cultivation, extraction, manufacturing and distribution facility in the Los Angeles area, the company began harvesting its first cannabis crop this week to be utilized for both its proprietary brand Alternative Medicine Association (AMA), as well as for its licensing partner luxury brand Blonde cannabis, with products earmarked for dispensaries for the first time outside of Nevada."
Xphyto (XPHY.C) is dominating the cannabis sector like Sean Kemp used to dominate the Seattle buffet scene. It’s a legit beast right now, jumping from fat new high to fat new high. We’ve sat with their team several times over the past year and on each occasion have been impressed with their plans, but perhaps the greatest plan they’ve executed has been achieved over the past month, when their share price has elevated from $1.00 to $1.85.
High Tide’s (HITI.C) brand tries to get its freak on with 20th century counterculture icon, but younger crowds left cold
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 trademarks, names, logos and artwork.
Amyris (AMRS.Q) develops and produces ingredients for the health and wellness, clean beauty and flavors and fragrances markets, but it’s actually a bit more complicated than that. What they do is actually convert plant sugars into hydrocarbon molecules and produce specialty ingredients and consumer products.
So October 17th came and went and if you didn’t notice any new edibles (or beverages, etc) at your local dispensary, that’s by design. Back in June, we wrote a little story about cannabis edibles on the eve of Health Canada’s pontifications regarding the industry and how will be regulated. The first anniversary of legalization day inaugurated cannabis 2.0, in which cannabis companies could start sending their proposed formulations to regulator to given the official nod or denial. Accompanying this was a 60 day hold before companies could start putting products on shelves.
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.
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.”
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 facility.
Yeah we lost money, what’s it to you? 1933 Industries (TGIF.C) takes the transparent route and we love it
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 welly on a given sector or company, I’m certainly not going to suggest you should, and quite frankly the cannabis business was overdue for a reckoning, as I stated back in February.
On November 26, 2019 Slang Worldwide (SLNG.C) announced that it has filed its financial results for the three and nine months ended Sept. 30, 2019.
Tilt Holdings’ (TILT.C) closed $35 million private placement from a syndicate consisting of existing shareholders and new investors to pay their debt today.