I have a list of companies that want me to write about them that, for the last few years, has never got to an end.
It’s never been clearer that many Canadian cannabis companies were built, from the outset, poorly. As the economy creaks and groans and every sector takes
March, 2020 PED revenues increased 265% from those in January, 2020 – as the company’s operations ramp up to satisfy growing demand.
Now that the first quarter of 2020 is in the rearview mirror, we can reflect on this recent history. Q1 2020 was THE worst first-quarter
Last week, Nevada Governor Steve Sisolak allowed the shops to continue at-home deliveries because marijuana is considered an “essential business”, reported The Reno Gazette, “Much like the grocery stores trying to fill orders for rice and potatoes, cannabis retailers cannot fill marijuana delivery orders fast enough.”
“Last Mile’s OJO chain is growing fast, and in a controlled, responsible, and municipally welcomed fashion,” stated Equity Guru’s Chris Parry on March 13, 2020, “It’s a half billion dollar company in the making, in a $9 million market cap package”.
“More than 4 million adults experience chronic daily migraine – with at least 15 migraine days per month,” states The Migraine Research Foundation, “It affects 39 million people in the U.S. and 1 billion worldwide.”
Though the U.S. Congress has yet to agree on a bailout package, it’s working on an unprecedented spending bill to prop up a dying economy.
Trust me, there’s nothing I’d like more, as the publisher of a financial markets-focused media outlet, than to tell you all it’s time to buy
We are currently primarily focused on wholesale, selling bulk products. Quickly, we will be pivoting to the $16 billion dollar industry which breaks out between nutraceuticals, beauty aids, food and beverages.
While the Noveau-riche cannabis bosses partied with company credit cards, Plus Products put its head down, did the researching, the strategizing, eventually building products that sold like hotcakes.
When new sectors emerge, as cannabis did in 2013 and psychedelics are doing right now, microcap companies that have struggled in other sectors will often pivot into new business. Miners become weed companies, then biotech companies, then shroom companies, as boards and management pursue new opportunities that might one day prove better than the last.
The across-the-board market volatility witnessed in recent sessions has been nothing short of astounding. Example: The lifeblood of a number of nations around the globe—Oil—did
On a March 18, 2020 call to NYC media, Zuckerberg confirmed that Facebook is experiencing “big surges” in usage. Voice and video-calls on WhatsApp (owned by FB) and Facebook Messenger are 200% higher than normal.
Some ask, “if gold is such a safe haven asset, why did it get sold so unrelentingly when the broader indices caught what-for?” Great question.
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, and ’17 years because they were late to get those licenses.
This means, they’ve experienced all the weed industry dives, but none of the runs. Their stock price: $0.09, good for a market cap of just $11 million.
“I’m practicing as much social distancing as I possibly can” stated Dr. Anthony Fauci, White House Director of Disease, “I’m working on getting the boss [Trump] to do this. I may not be successful, but we’re working on it.”
Last week, NMC admitted that it identified an additional $2.7 billion in debt, rounding the total debt to around $5 billion. NMC staff were not paid last month.
When the savings and loan crisis in the US hit in 1989, a lot of slow-moving investors lost their dough thinking the worst couldn’t possible
We’ll dispense with a recap of yesterday’s financial headlines, cept to say, it was an across-the-board bloodbath. Yesterday, in part one of a two-part roundup,
Recent general market disorder and mayhem has wreaked havoc on the junior exploration arena over the past few weeks. For those holding junior ExplorerCos, the
“It’s the financials that are really getting killed,” stated Schiff, “They have made all the loans that are not going to get repaid, so this is just like 2008, only it’s not just the banks that are going to need a bailout, it’s the hotels, it’s the airlines, it’s companies like Boeing, it’s the cruise lines.”
“The National Marriage Project dubbed the drop in divorce ‘a silver lining’ to the Great Recession,” stated The L.A. Times, “arguing that tough times were pulling many husbands and wives closer together.”
No company in the Canadian cannabis space polarizes people like Green Organic Dutchman (TGOD.T), which roared to the public markets on perhaps the biggest promote yet seen, raised nine-digit totals along the way, swept in more first time private placement participants than any company before them, and then did… well… nothing, for a long time. With top brass having been walked recently and plans to super-size the company grow facilities shelved in the wake of underwhelming need for more weed, TGOD has made no secret it is at a moment of recalibration, but investors will have expected to see more than this.
When a sector gets hot, small cap stocks can often get a bump by sidling up to the hot sector with a new product/idea/opportunity. When the dust clears, the intrinsic value of the new offering is typically deemed to be low. We saw it in 3D-printing, with Dung Beetle Treats. We saw it in weed with a $1 billion website that forgot to sell cannabis. We saw it in blockchain with a Cryptocoin for porno transactions.
Okay, so the world is burning, the Russians and Saudis are pouring low-cost fuel over it, the Americans are shocked that a reality TV show
MILE now has the broadest product profile in the micro-mobility space, featuring a pedal bike, e-bike, standup scooter, seated scooter and trike,” stated Max Smith, CEO of MILE. “Offering multi-modal solutions is key to expanding our network.”
With all of the carnage in the broader markets of late—S&P 500 futures are currently off 5%, Crude Oil (WTI) is off a whopping 30%—there
On March 9, 2020 Patriot One (PAT.T) announced that it has been awarded a contract for the PATSCAN Multi-Sensor Covert Threat Detection Platform by Innovation
Heritage is now installing extraction and post-production equipment units at Empower’s existing licensed hemp processing facility in Sandy, Oregon, to begin performing “hemp-based product manufacturing for proprietary formulations, tolling services, and third-party white labelling services for other distributors throughout the United States”.
After an emergency 50 BPS rate cut, and U.S. 10-year money hovering on both sides of 1% for the first time since forever, gold is
Today was a day that daytraders have been looking forward to for some time; the day that shroom stocks finally gripped the road and took off. Mind Medicine (MMED.E) ripped 90% to $0.77 on the back of 15m shares traded, reminding anyone who’d listen that ex-Canopy CEO Bruce Linton and pretend billionaire Kevin O’Leary were on board. Champignon Brands (SHRM.C) zoomed 40% to $0.33 on a lot smaller market awareness spend byt a handy ticker, Roadman Investments (LITT.V) was up 30% to $0.065 being sucked along in the other two companies’ wake, and Revive Therapeutics (RVV.C) was up 81% to $0.10 on ripples caused by the rest.
Investors have legitimate reason to want four more years of Trump. Ignoring the recent coronavirus-catalysed carnage, the markets have performed well during the Trump presidency.
“This was the shortest correction in market history…” is the first thing that crossed my screen when I woke up this morning (Tuesday, March 3),
World Class has begun to deliver the BOSS C02 Extraction Systems along with peripheral equipment to Canntab’s Markham facility. The facility is fully scalable – further BOSS systems are expected to be deployed as demand increases.
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.
Tristar Gold (TSG.V) is on a roll, it has money in the till and a pre-feasibility study heading for completion by Q4 2020 at its
Altamira Gold (ALTA.V) set itself apart from your average junior when the explorer went to development in a New York minute at the company’s flagship
If one was to stand in the middle of the tiny aldea surrounding Impact Silver’s (IPT.V) Guadalupe Production Center and lob a stone in any
The recent blood-bath in blue-chip stocks was catalysed by the spread of the coronavirus, but there are 5 underlying causes that have made it so dramatic and ugly.
A quick scan of headlines today would tell a harrowing story that Heritage Cannabis (CANN.C) was in big trouble and had lost $13 million and pandemonium had broken loose, and dogs and cats were going to be living together any time now. That’s because the company led their Q4 financials news release today with their yearly metrics filling the headlines, while their not-so-rough quarterly numbers were largely and inexplicably hidden from view.
As happens whenever a global crisis hits, there are plenty of investors currently watching the global Coronavirus outbreak and looking to panic sell. There are also a few looking to capitalize on the opportunities found in potential doom. Like folks who buy gun stocks whenever a military conflict breaks out, or those who buy gold as a safe haven when the world’s leaders engage in a game of ‘Armageddon chicken.’ a pandemic brings about macroeconomic changes that can be utilised to make money.
Analysts have tied the retreat by gold in part to positioning, noting that data had shown extremely high net long speculative positions in gold futures. Still, the degree of the pullback in light of the continued selloff in equities was widely described as a surprise.
We’ll take a wild guess that precisely NONE of the retail investors who just drove up the price of the MRNA would recognise a “stabilized form of S protein” if they met it on a beach, made sand castles with it – then took it home to play Spin-The-Bottle.
Granted, it may not be intuitively obvious why a toaster-oven needs to converse with a rectal thermometer – but trust me IoT is a gigantic thing that will require the 5G network to run efficiently.
NIO took a leaf out of Apple’s (AAPL.Q) playbook and outsourced production to a to a purpose-built factory run by JAC Motors (江淮汽车) a Chinese state-owned automobile manufacturer.
In a recent offering, we suggested that Defense Metals is advancing its 1,708-hectare Wicheeda Rare Earth Element (REE) Project at a pace that should begin
Invictus MD Strategies (GENE.V) announced tonight that, in accordance with its efforts to work through creditor protection proceedings, it has been kicked off the Venture Exchange. On the upside, if Invictus’ history of going back on news releases is anything to go by, we’ll receive another release inside ten days that the bankruptcy proceedings have been cancelled and they’ll continue on as usual. Because that’s how it’s always been for Invictus, which has the worst track record in Canada’s cannabis space for announcing things, only to un-announce them very shortly after.
“While the comparison to SARS may provide some guidance, important changes have been experienced in China and the Chinese gold market since the 2003 outbreak,” stated the WGC.
Respect where it’s due, I haven’t been to an investor conference in a long time where I came away interested in most of what I saw, let alone *everything* I saw, but this year’s Gravitas Securities Growth Conference lineup absolutely hit it out of the park. The GSGC isn’t the biggest show around, but they know how to turn out the playahs, and the only way you keep big money showing up is to be a little bit picky with what you offer them. Don’t waste anyone’s time and they’ll know it’s cool to return.
(Once again… I’m currently in Mexico looking at a production/development company. Internet access is limited. In lieu of fresh content, a few recent articles from
(Note: I’m currently touring a silver production/development scenario in Mexico. Internet access is limited. In lieu of fresh content, a few recent articles from my
As part of an ongoing process to deal with its bankruptcy, Wayland Group (WAYL.C) is dispensing with several foreign assets that were once touted as being amazing international opportunities, and it’s doing so at prices you can afford. The courts have granted approval for WAYL to get rid of its Colombian subsidiary, Colmed Pharmaceuticals, which was purchased in an all paper deal for 11 million shares a little over a year ago. Who’s buying it? It turns out, one of the companies that originally sold it to them, RG5 Investments.
“Samples of Wicheeda flotation concentrate used in a hydrometallurgical test program led to the successful development of a flowsheet capable of processing the concentrate to a high grade mixed REE hydroxide precipitate,” stated Defense Metals.
Falcon Gold (FG.V), an ExplorerCo with a modest $2.7 market cap, has its sights set on a quintet of high-grade projects in NW Ontario. Central
If you’re looking for exposure to gold, you have the Producers both large and small, you have the Developers, you have the Explorers, you have
With a little over and hour left in the year 2019, past 10PM on December 31, I saw a news release from James E. Wagner Cultivation (JWCA.V) about a small $2 million loan they’d taken out. The timing of the announcement of their loan was surely not coincidental. Actually, thinking about it, ‘payday loan’ might be the more appropriate term to have used. JVCA took out a debenture financing of $2 million at an interest rate of 25% annually. That’s just the first tranche of the deal; there’s another $8 million out there if they want it. My credit card, abused as it has been, costs me less interest to maintain than JWCA’s loan.
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.”
Ontario-based Supreme Cannabis (FIRE.T) released its Q2 2020 financials today and there were few surprises contained in its pages, bar perhaps the size of the quarterly loss. At a $17.3 million net loss after taxes (and a $10.4 million loss in adjusted EBITDA terms), FIRE shares fell in value below the $0.40 mark it’s been hovering around for some time, a 5% drop in real terms. Previous quarters had seen smaller losses, even come close to break even. But even the rosiest-eyed fanboy would have expected these numbers to be rough, considering the CEO change and staff layoffs announced earlier in the year. We predicted as much a week ago.
The quarterly financials news release just put out by Aurora Cannabis (ACB.T) isn’t exactly hype. It reflects a company coming to grips with the fact
In VEXT’s latest financials we learned that “Gross Revenues increased 36% to USD $18.8 million for the nine months ended September 30, 2019 from USD $13.8 million for the nine months ended September 30, 2018.”
Federal Reserve Chairman Jerome Powell said that the Fed is keeping a close eye on the possible fallout and impact of the coronavirus outbreak in China. Powell hasn’t made any claims yet as to what this means either in terms of possible liquidity injections or a rate cut. Let’s examine that.
In 2019, Shopify spent $1 billion to build fulfillment centers in the U.S., trying to compete with Amazon by deliver packages in less than 48 hours. This effort was described by Shopify CFO Amy Shapero as “energizing the flywheel.”
Due to the number of companies I have in mind for this one, I’ll dispense with the usual preamble, except to say, gold is looking
Large Canadian cannabis licensed producer Supreme Cannabis (FIRE.T) told the markets they’re laying off around 30% of their staff today, days before their next quarterly financials are released and with the dust still settling after their recent CEO change. To the casual observer, this might appear to be a sign of desperation, that the sky is falling in Kincardine, Ontario, and the owner of the esteemed 7 Acres brand was making some sort of last ditch effort to stave off Armageddon. It ain’t that.
Judge Marrero said that opposing states “failed to persuade him that a merger of the No. 3 and 4 carriers would harm consumers”.
“A once-a-day pill that reduces HbA1c and improves time in range with continuous glucose monitoring, without increasing hypoglycemia or any signal for adverse events, is a big win for the future care of type 1 diabetes,” stated clinical researcher Dr. John Buse.
Canada more than doubles the Indian subcontinent in terms of land mass, but its population of 37.59 million is a 2.8% sliver of India’s 1.3 billion – that’s 4 people per square kilometre compared to 420. Interestingly, both India and Canada are in the middle of a serious housing crisis that threatens to break the spine of India’s economic miracle and stab at the heart of Canada’s social stability. Will anyone be able to save us from this fate before it’s too late?
AMPD Ventures (AMPD.C), which recently topped up its bank account to bring in more sales folks, announced some sales today, with a news release pointing
Alberta-based Aurora Cannabis (ACB.T) took a long trade halt today as it prepared to announce what the online rumour mill had been surmising all day
The merger of World-Class Extractions Inc. and Quadron Cannatech Corporation in 2019 was a significant milestone, as the combination of capital, experience, and technology has laid the foundation for our plans in 2020 and beyond.
The PATSCAN Multi-Sensor Covert Threat Detection Platform is a layered multi-sensor platform – integrated with A.I Managed security system to detect and combat active threats before they occur.
Nexus (NXS.V) has been in Burkina Faso for years. With a new acquisition announced just yesterday, the company now controls over 750-square kilometers of highly
A Harvard University Study calculates the economic burden from diabetes at about $1.3 trillion, or 1.8% of global GDP.
BC-based battery metals developer Nano One Materials (NNO.V) has long been a favourite at Equity.Guru – in fact, it’s been the stock we’ve held longest
If you guys can’t spot a bubble by now, what day in February did you start trading exactly? Tesla (TSLA.Q) stock has been on a nutty run lately, climbing from the $200 range in October to $969 yesterday. Or, rather ‘..to $969, 15 minutes before the end of trading today.’
A year ago, if you’d told me a rare earths explorer was going to be a three-bagger through tax loss season, I’d have called you
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
Elizabeth Warren’s Accountable Capitalism Act (ACA) threatens to level the corporate playing field in America by bringing labor into the boardroom. Understandably, industrial lobbyists have
Tucked away in the Unuk and Iskut River region along the rugged north coastal mountains of big, beautiful British Columbia lies a legendary mine called Eskay Creek.
A prospector named Tom Mackay was the first to recognize the area’s unique geological setting after spotting an alluring rock outcrop from his single-engine bush plane. The year was 1932.
On February 3, 2020 Tesla (TSLA.Q) short-sellers (investors who bet against the stock) are losing their minds and their shirts. The electric car maker’s stock
A translation of this article is available in Chinese at our content partner NAI500 here. With this entry, I’m two-thirds of the way into
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
It never ceases to amaze me how folks prefer to get their trade order in before doing their research, even on companies dripping in debt,
“We’ve been working with Canada’s ISC division and Canadian Department of National Defense (DND) over the past year on this critical program for personnel and asset protection while at port around the world,” stated Martin Cronin, CEO and President of Patriot One
“This merger will create one of the world’s largest gold companies operating entirely in the Americas,” confirmed Beaty, “This is the kind of gold company investors want today.”
All the signs were there: A long awaited move to production, a long period of silence broken with news, a financing near the 52-week low
I love it when a plan comes together. I especially love it when so-called ‘analysts’ who move furniture for a living and buy stock in
A Wuhan market price list offers 112 types of wild critters including peacocks, foxes, giant salamanders, snakes, rats, porcupines and camel meat.
Acceleron is finding solutions for serious and rare diseases. It has a pipeline of products moving towards commercialisation, including a co-promotion with the $152 billion Bristol-Myers Squibb (BMY.NYSE)
A translation of this article is available in Chinese at our content partner NAI500 here. The junior exploration arena promises to be a mosh pit
$1.2 trillion worth of corporate junk bond debt will mature in the next few years, leaving investors in a world of pain, as many of
In this, part 2 of a two-part interview, Penny White, CEO of Yield Growth, spoke with Equity.Guru’s Guy Bennett about the target market for Urban Juve, branding, packaging, South America, regulation, topicals, Wright & Well, mushrooms and the potential end game.
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
Earlier this month, the Mining Court of Salta granted Millennial Lithium’s (TSX-V: ML) / (OTCQX: MLNLF) Argentine subsidiary four mining licenses on its 100%-owned Pastos
On January 22, 2020 1933 Industries (TGIF.C) gave the market an update on its bulk hemp processing facility in Las Vegas, USA. The facility will
Way way waaaay back, when Equity.Guru was a young pup and the cannabis industry was still being built on fumes of promise, Vivo Cannabis (VIVO.V)
There are two ways to trigger a nuclear reaction: Fission and Fusion. If you’re already aware of the distinction between the two—if you don’t need
If Equity.Guru had a wall of shame in our fine sea foam blue offices, Namaste would be on it, along with Wayland Group (WAYL.C), CEN
On January 22, 2020 Gaia Grow (GAIA.V) announced that “one of the largest hemp processors in Canada” has initiated a purchase order for “a truck
