You hate to see it, but such is life in the mining game; little Hawkeye Gold and Diamond (HAWK.V), which may be a misnomer because it doesn’t appear they have much gold or diamond at hand, announced today their latest drill results will be a little late.
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 of its founders to lather themselves in hefty bonuses, hoard most of the voting shares, offer themselves enriching golden parachutes, and put themselves above the shareholders and the long term success of the business.
Maple Leaf Green World (MGW.NEO) pays $900 hemp license fee, gets $15m market cap jump because people are dumb
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, that have failed at every single thing they’ve attempted over several years. What’s up, Maple Leaf Green World (MGW.NEO), a company so deficient in every respect that it trades on an exchange nobody else is interested in being listed on, has failed in every task it has announced since 2014, and can’t get its BC grow facility finished or sold because it is subject to liens from local contractors.
When a cannabis company loses a lot of money every quarter, and has to sell real estate, cancel acquisitions, lay off staff, renegotiate existing financing to higher interest rates and offer stock to new financiers at a discount to the market price, all to stay afloat, one might expect their newsflow to show bold new moves, innovation, maybe some hard austerity decisions.
The Father Daughter Dance at West Vancouver country club Hollyburn is usually a fairly tame affair, where the city’s well-to-do dress up, eat steak, and dance with their little girls in a tony family friendly setting where everyone is home by bed time.
Maple Leaf Green World (MGW.E) has just posted its latest financials for Q2 2019, showing a drastic decrease in cash assets and a looming equity deficit sure to concern investors.
Over the last few years, we’ve shivved a lot of terrible companies trying to pull a fast one on investors and, almost always, when we do, we face a few weeks of abuse from that company’s faithful.
Execs at Namaste Technologies (N.C) employed the Friday afternoon news dump strategy this afternoon when advising that an employee had been found to have used their patient data base to try to sell weed through a third party.
If there’s anything good in the financial statements just posted by Namaste Technologies (N.V) – last thing on a Friday afternoon, naturally – it’s that they have a lot of cash, and we finally know just how badly the company was being run last year, before CEO Sean Dollinger was turfed out.
Wayland Group (WAYL.C) and ICC Intl (WRLD.U.C) close huge asset deal wait no they don’t argh I’m dying
Investors in currently halted for not being able to put together last year’s financials like real grown up boys Wayland Group (WAYL.C) might have been celebrating today when it was announced their all-share deal to sell 49.9% of their international assets to ICC International (WRLD.U) had closed.
[UPDATE]: The article below is one that we have stood behind from the day we posted it, and do to this day. What it shows is how a young company, one without the oversight of a more mature outfit, can make rash decisions and overpromise in a way that they hope will allow them to make a splash, without realizing that splash could fly in the wrong direction.
This Aphria (APHA.T) story just keeps getting richer, and the unbelievable lack of respect this company is giving the market and regulators is a sight to behold.