Golden Leaf Holdings (GLH.C) sold two of its Canadian subsidiaries, Medical Marihuana Group (MMG) and Medical Marijuana Consulting (MMC), to global cannabis consumer packaged goods company, Sensi Brands, today.
Golden Leaf Holdings (GLH.C) received a 30% share price bump when their subsidiary, Medical Marijuana Group Corporation, got their medical processing and sale license from Health Canada today.
This past Wednesday, Emblem (EMC.V) released its second quarter financials with some impressive numbers. Emblem has been on a tear since last week which proves that this sector still values strong numbers and not just hype.
The market is enjoying news released by C21 Investments (CXXI.C) that it has agreed to acquire Silver State Relief LLC and Silver State Cultivation LLC, for a sum that dwarfs any previous Canada-buys-US-assets deal, and adds nicely to its growing portfolio of US cannabis assets.
Client Quickies: Metalla (MTA.C) TSX promotion. Golden Leaf (GLH.C) placement,DOJA (HIKU) and Calyx (CYX.C) get new names.
Good afternoon! Today I’m being a good boy and highlighting some moves our clients are making. I like to be the cheerleader for good companies that see value in what we do. I also like to knock our clients down a peg if they screw up. My prose is for sale…. not my integrity. You can only lease that.
On a normal day, the S&P/TSX composite index trades about 300 million shares. On December 27, 2017, in the traditional post-Christmas lull – with many brokers still stumbling home from Mexico – a mere 129 million shares exchanged hands. But Canadian weed is red-hot.
With all the hype in the crypto and cannabis sectors, it’s natural they will attract the short position players. The smell of hype is like blood in the water for these sharks, and the scent is strong.
If one thing has been certain on the markets in 2017, it’s that you couldn’t go wrong moving with the pack. Watch the merry go round.
Golden Leaf (GLH.C) up 55%, Matica (MMJ.C) up 30%: We’re into the ‘what’s cheap’ phase of the weed bull market
Remember back a few weeks ago when ‘the big three’ were making their big moves in weed and HIVE Blockchain (HIVE.V) was making multiples every day in crypto / blockchain and the whole world was jumping all over them and making down payments on Rolls Royces?
I knew it. Today, Golden Leaf Holdings’ (GLH.C) announced its subsidiary Medical Marijuana Group (MMG) received the cultivation license for its massive grow operation in Ontario. The news sparked a big spike in GLH stock today, with a rise of over 25% by close of trading.