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.
On December 23, 2019 Aurora Cannabis (ACB.T) share holders’ painful year (the stock is down 65%) got worse with the announcement that ACB Chief Corporate Officer (CCO), Cam Battley is leaving the company to explore other opportunities.
Fake News. You’ve heard about it, we’ve written about it. But while it’s one thing to read about the Clinton Crime Family and their bodycount, it’s another thing entirely to try and make a clear-headed and rational financial investment with so much noise in financial media.
Namaste Technologies (N.V), cannabis’ favourite red-headed stepchild, hasn’t been having the best run lately, and being ordered to pay nearly USD$5M in cross-border settlements is just the chef’s kiss.
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.
In the days earlier this year, when it became clear from a short seller report that Aphria (APHA.T) had bought into foreign assets that were largely ‘early stage’ if you were being charitable, and ‘fake’ if you weren’t, the company went through four stages of denial.