SLANG Reports Solid Third Quarter SLANG Worldwide (CAN:SLNG / GER:84S / US: SLGWF) reported a profitable Q3, with solid quarter-over-quarter revenue growth. Concurrently, the Company announced a CAD$15 million dollar financing, with units priced at CAD$0.49. Highlights from the third quarter include: SLANG ended Q3 with cash and cash equivalents of CAD$10.6 million. This prompted management to seek to raise […]
Brigadier Receives Conditional Approval for its Change of Business Transaction Brigadier Gold Limited (TSXV: BRG.H) (the “Corporation“) is pleased to announce that it has received conditional approval from the Canadian Securities Exchange (the “CSE“) for its change of business transaction (the “Proposed COB“). Final acceptance will be subject to receipt of shareholder approval and completion of certain other conditions, including […]
Weak Results For Organigram In Fiscal Q4 There was more disappointing earnings news from the major Canadian LP’s on Monday. Organigram Holdings (US:OGI / CAN:OGI) released weak numbers in its results for fiscal Q4 2019. There were several points of concern for shareholders/investors. Margins on cultivation plummeted to near-zero in Q4. Gross margin (before “changes to biological assets and inventory”) […]
Tax-Loss Selling: One Last Bitter Pill For Cannabis Investors It’s always darkest before the dawn. This melodramatic tautology originated in the 17th century. It has been popularized as a cliché for its psychological value. It is just before the first rays of dawn when we have endured the darkness for the longest time. It’s a concept that has obvious relevance […]
The Economics of Cannabis The economics of cannabis could not be simpler. All it takes is to first spend a few moments thinking. Thanks to nearly a century of cannabis Prohibition, the legal cannabis industry is artificially beginning from scratch. Thanks to nearly a century of cannabis Prohibition, the cannabis black market is an efficient, well-established, multi-billion dollar enterprise. Everyone […]
Puration Inc. (OTCMKTS:PURA) Finalizes Acquisition To Bring Bottling of CBD Beverage to Europe Puration Inc. (OTCMKTS:PURA) has announced that it has finalized the acquisition of a Germany company. This will enable Puration to bottle its CBD drinks locally and supply them throughout Europe. Puration takes EVERx CBD Sports Water to Europe The acquisition comes at the back of Puration, entering […]
“The cannabis IP landscape may not be as dense as the tech industries, but there are still very fragile start-up companies and small farms that are easy [for a bigger firm] to crush with a patent lawsuit,” explains Dale Hunt, a well-respected cannabis IP attorney and founder of Plant & Planet Law Firm. Published at Mon, 18 Nov 2019 15:57:00 […]
Dixie Brands’ Aceso Hemp Expands National Distribution Footprint Partnering With Colorado’s Sunrise Beverage LLC Charlotte’s Web Holdings, Inc. a hemp CBD extract products company, has announced the appointment of Jacques Tortoroli to its Board of Directors. Tortoroli, who most recently served as Chief Administration Officer of Bacardi Limited in Bermuda, brings extensive global experience in finance and operations at both […]
Halo Labs Reports Q3 2019 Financial Results Halo Labs Inc. (NEO: HALO, OTCQX: AGEEF, Germany: A9KN) today announced its financial and operational results for the third quarter ended September 30, 2019. For the nine months ended September 30, 2019, revenues were $25.4 million, a 223% increase from the same period last year (nine months to September 30, 2018: $7.9 million). For […]
INSO Lands Agreement to Assist Alaska Cannabis Company With Aggressive Expansion Program BOULDER, CO, Nov. 14, 2019 /CNW/ – PRESS RELEASE – Charlotte’s Web Holdings, Inc. a hemp CBD extract products company, has announced the appointment of Jacques Tortoroli to its Board of Directors. Published at Fri, 15 Nov 2019 21:58:00 +0000
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