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HYTN Is Setting The Industry Standard For Cannabis Beverages In Canada
https://technical420.com/cannabis-article/hytn-cannabis-beverages-are-looking-to-set-the-industry-standard-in-canada/#
Watermelon Mint with 10mg THC sounds like a winner to me :) Yummy!!!
Next Green Wave Provides Corporate Update
https://technical420.com/cannabis-article/next-green-wave-provides-corporate-update-2/#
NGW making good progress on all fronts. Botticelli begins garden testing in April. Like :)
https://orders.newsfilecorp.com/files/6127/52887_new6.jpg
Correction 3.5 grams Cherry Punch available at Spiritleaf.
They have the 1.0 grams at BCCS now.
Glad to see the Cherry Punch 3.5 gram packs are back at BCCS. Hopefully they are near the beginning of a continuous supply. It's their flagship strain that should always be growing at multiple facilities. They can experiment with other strains later. Keep the punch flowing Norton :)
Another MAC1 rave review.
MAC 1 by Citizen Stash 25.6% - Vancouver BC - Muse Cannabis
https://www.reddit.com/r/RecPics/comments/fa8kcj/mac_1_by_citizen_stash_256_vancouver_bc_muse/
EXP may be taking a beating in the market, but the product is unbeatable :)
Thinking this next quarterly report will be a real eye opener. Possibly get them up to the tier 2 cannabis company category like Delta 9. Hopefully that would be a impetus for the SP to rise to their level. Bought a few more today just in case it does :) gl
Really didn't have much interest until the merger with We Grow. Those guys know how to cultivate premium craft cannabis, and were already EBITDA positive before the merger.
My thinking is they will right the ship pretty quickly with the measures they are taking to cut costs and increase production. Crazy that the premium craft growers nearing profitability are getting dragged down by the big brand names that are not even close.
Expecting to see multiple craft LP's hit profits in 2020 with higher than average margins. Investing in cannabis companies years from legitimate profits is not my cup of tea. Maybe one of my micro's will grow up to be the Grey Goose of cannabis :)
They all are selling well, highly sought after, and the reviews are good. Like this one :)
Gelato #33 by Qwest Reserve
https://www.reddit.com/r/RecPics/comments/fa42r0/gelato_33_by_qwest_reserve/
Zenabis To Produce Sparkling Beverages
https://www.greenmarketreport.com/zenabis-to-produce-sparkling-beverages/
Hoping ZENA is first to market with beverages. They could make a real splash:) Lots of good PR being first.
Namaste has the highest thc vape cart on the ocs & bcs for Pax Era pods. Like :)
Coming Back:) Liking the numbers:)
GTEC Provides Updates on Production and Sales
https://www.globenewswire.com/news-release/2020/02/12/1983818/0/en/GTEC-Provides-Updates-on-Production-and-Sales.html
Hopefully less Saskatoon Berry & more Cherry Punch:) If you've got a winner, stick with it...
Really hoping EXP can hit their target of 200KG per month by Q3. With the new packaging assets it's just a matter of finding the right suppliers. Plenty of growers out their with wholesale only licenses needing distributors. Experion can now fill that need. Liking the direction they are heading. Capital light expansion :)
Some people like to buy Citizen Stash MAC1 in bulk:)
— Overgrown Empire (@OvergrownEmpire) February 21, 2020
**NEWS** Westleaf Inc. Announces Rebrand, Corporate and Operations Update
https://www.prnewswire.com/news-releases/westleaf-inc-announces-rebrand-corporate-and-operations-update-301006543.html
Good to hear that Prairie Records is already EBITDA positive, on top of We Grow announcing it was EBITDA positive last month. Plus capital projects are fully funded with existing capital. Best part is they are pulling in close to $1M per month in retail sales with just four stores, with three more under construction. The last piece of the puzzle will be the QWEST concentrates when they receive their sales license.
Lots of newsworthy milestones coming up in the next few months, the completion of the Thunderchild cultivation facility using QWEST's proven craft grown expertise, more new stores before summer, licensing for QWEST concentrate sales into the provinces, new unique strains from We Grow's genetic library. plus the upcoming quarterly report, which I expect to be a record for revenues.
Finally the name change "sounds" good to me. New management is turning up the decibels :) glta
https://finance.yahoo.com/news/westleaf-inc-announces-third-quarter-135000726.html
**NEWS** Q1 2020 Strategic Update
https://finance.yahoo.com/news/q1-2020-strategic-140500687.html
Liking Experion's progress so far under the new CEO. Smart to buy from suppliers when premium quality flower is selling for less than $2.00 wholesale. With Experion's new packaging ability they could curate only the best to release under the Citizen Stash brand, like Biome Grow does with its suppliers in the Atlantic provinces. Wholesale prices are expected to remain low for some time, so it's time to make hay while the sun shines :)
Oooops sorry for the Westleaf post on this thread. Another of my favorite craft growers. Experion should price out their extraction services. Get some Citizen Stash concentrates on the market :)
**NEWS** Westleaf Inc. Announces Rebrand, Corporate and Operations Update
https://www.prnewswire.com/news-releases/westleaf-inc-announces-rebrand-corporate-and-operations-update-301006543.html
Good to hear that Prairie Records is already EBITDA positive, on top of We Grow announcing it was EBITDA positive last month. Plus capital projects are fully funded with existing capital. Best part is they are pulling in close to $1M per month in retail sales with just four stores, with three more under construction. The last piece of the puzzle will be the QWEST concentrates when they receive their sales license.
Lots of newsworthy milestones coming up in the next few months, the completion of the Thunderchild cultivation facility using QWEST's proven craft grown expertise, more new stores before summer, licensing for QWEST concentrate sales into the provinces, new unique strains from We Grow's genetic library. plus the upcoming quarterly report, which I expect to be a record for revenues.
Finally the name change "sounds" good to me. New management is turning up the decibels :) glta
https://finance.yahoo.com/news/westleaf-inc-announces-third-quarter-135000726.html
CP Aurora's new Daily Special brand is available at BC Cannabis Stores website. They call it Sativa Blend with no strain reference. Selling price $69.99 for 15 grams with a THC range of 15-21%. Under $5 per gram should be a big seller.
Zenabis Stock Pops as Craft Cannabis Firms Ride Out Aurora Storm
https://potstocknews.com/zenabis-stock-craft-cannabis-aurora-storm/
Nice to see some positive press on ZENA. Zenabis has the one of the largest indoor grow facilities in Canada, but it's still craft grown in small batches to maintain quality. Plus they can grow year round in all kinds of weather without the need for sunlight. The quality & consistency of indoor grown is hard to match.
Should be about time for a monthly update for January :)
I see GTEC has some new strains on the Spiritleaf website. Tenzo Purple Punch 14.95% THC, and Tumbleweed Farms Saskatoon Berry 10.86% THC. Pretty low THC for the prices they want. Still watching.
ZENA has its first Cannabis 2.0 product on their website. Namaste Citrique CO2 extracted cannabis oil for PAX Era Pods. Says each 0.5 g pod contains up to 90% THC. Wow!!! This should be a big seller. Like :)
https://www.namaste.com/products/vapes/citrique-pax-era-pod/
Been adding a few myself to Supreme & Zenabis. Supreme is getting sold into pretty hard at the moment. To me it feels like jilted ex ceo's selling undeserved shares to live on, because they are too incompetent for anyone to hire. The new CEO could give them jobs as trimmers, but that requires skill, so that won't work. Eventually the cheap shares will run out, and it's on the the bread line for those guys. Anybody know how many shares these incompetents gifted themselves. New CEO will straighten things out. imho
Agree they have all the pieces in place, and a new CEO that knows what he's doing.
Really Supreme held its own in earnings with a reasonable EPS of -.05, Canopy -.27, Aurora -1.18
Supreme has a much lower hurdle to reach profitability, which is expected to happen sometime in 2020 according to the press release.
Have a good feeling about Supreme, and the market seems to be responding to the new direction as well. glta
Market share for pot costing less than C$9 a gram has grown from 2% to 17% since the summer, and pace is expected to continue
https://www.marketwatch.com/story/people-want-cheap-weed-and-aurora-cannabis-is-paying-the-price-2020-02-13
ZENA figured this out months ago. Re-Up is everywhere. Aurora too little too late.
**NEWS** This is something a former Starbucks President understands. You need a professional sales force inside stores talking to store managers and budtenders about your products. They are the decision makers who decide what to order and promote. Starbucks didn't grow huge by waiting for opportunities to come to them. This guy gets it. Another decision I agree with 100%.
humble+fume Announces Sales Agency Agreement with Supreme Cannabis
https://www.newcannabisventures.com/humblefume-announces-sales-agency-agreement-with-supreme-cannabis/
Once the new CEO cuts expenses down to core operations they should be be fine on the spending side. According to the release major capital expenditures are now over with the completion of the cultivation and extraction facilities.
There's many catalysts coming soon like the introduction of new 7AC concentrates with partner PAX. Partnering with humble+fume to accelerate in store sales with a coast to coast professional sales force. Releasing new ultra-premium strains from Truverra's genetic library.
The company is fully funded well into future Q's. The new CEO is making all the right moves to undo previous CEO's mistakes, and create a path to profitability. Hope they make him permanent. glta
Supreme Cannabis Announces Q2 2020 Financial Results and Updated Plan for Accelerated Revenue Growth
https://www.prnewswire.com/news-releases/supreme-cannabis-announces-q2-2020-financial-results-and-updated-plan-for-accelerated-revenue-growth-301004916.html
Aurora releasing a value brand called Daily Market. Guess they're tired of losing market share to ZENA's Re-Up brand. Too bad their expenses are so high they might not make a profit selling low where ZENA can. Aurora about to get clobbered by mid sized LP's that can sell for less profitably. Like ZENA :)
Aurora just reported $56M in net revenue. Its unrealistic to expect Supreme to report $30M with a market cap 7% the size of Aurora's. Expecting Supreme to report 53% of Aurora's revenues with 7% of their market cap is overly optimistic to say the least.
If Supreme can report 14% of Aurora's revenues with 7% of their cap that would be a home run to me. To double Aurora's market cap to revenue ratio Supreme needs to hit $7.8M in revenue.
Personally I think Supreme will more than double Aurora's MC to REV ratio, but that might be overly optimistic as well. Aurora's net loss was $1.18 per share. Supreme's we'll know in just a few hours. Always imho glta :)
Highland Eastern Dank is now the #1 selling pre-roll at Wiid Boutique in SK. Highland White Lightening pre-rolls are sold out. Hopefully this is happening at all the stores Highland is available :)
Recent reviews of Namaste Wappa and other strains.
https://www.reddit.com/r/CanadianCannabisLPs/comments/f0tqnd/zenabis_wappa_188_thc/
https://www.reddit.com/r/CanadianCannabisLPs/comments/ezhsor/just_grabbed_some_ultra_sour_19_thc_700gram_and/
Like :)
Looks like vaping fears have really eased up just in time for QWEST branded concentrates. Nice up day today. Like :)
Resumption of Vaping Growth Fuels Cannabis Market Sales Expansion in December
https://www.newcannabisventures.com/resumption-of-vaping-growth-fuels-cannabis-market-sales-expansion-in-december/
Supreme and Aurora reporting on the same day should be a interesting comparison. Supreme's market cap is only 7% of Aurora's. ACB is expected to report around $50M net revenue tomorrow. If Supreme reports 7% of Aurora's revenue anything over $3.85M would be outperforming Aurora based on market caps. Expecting a big beat of Aurora on EPS as well. Same goes for Canopy on Friday. We'll see :)
Citizen Stash MAC 1 is now showing limited quantity available at BC Cannabis Stores. MAC 1 is becoming a urban legend on Reddit and Twitter. People have heard about it, seen pictures of it, but just can't get it unless they're in BC. It's like when you could only buy Coors in western states in the US.
The anticipation is high for MAC 1 in other provinces. I'm sure they're growing it as fast as they can, but the demand in BC alone sells out harvests in a week or less. Anticipation is good for future sales. Until then let the MAC 1 legend live on :)
Once again spot on CP. eom
Here's something positive. Supreme decreased its corporate positions by 33%. The CEO and his posse are all gone, along with their salaries. Supreme also getting out of the money pit that is Europe, with a return of all investments in Supreme Heights UK. Liking the new guy making the hard choices for a rightsized Canada focused premium product operation. No more bells and whistles. Meat and potatoes only.
Thursday we'll know if they beat last quarter, and that could be something the big boys won't do. We'll see tomorrow if Aurora can do it. Then we'll see how Supreme's revenue compares. Then how the two share prices compare to their revenues considering outstanding shares.
Get your calculators out it's earnings season :)
Supreme Cannabis Focuses Organization and Reduces Cost Structure to Accelerate Profitable Growth
https://www.prnewswire.com/news-releases/supreme-cannabis-focuses-organization-and-reduces-cost-structure-to-accelerate-profitable-growth-301003124.html
Agree cannabis CEO's should be sweating every dime like it's their own. Unfortunately the capacity craze at the beginning has indebted early movers by building capacity well beyond current needs. Now the large caps are all sweating every dime like they should have from the beginning.
It's hard to tell who the final winners will be. I like some of the small cap craft growers who came in late with rightsized facilities, and premium products. Many of the craft brands are outperforming the big boys in popularity at the store level.
They're easy to find by searching provincial cannabis websites and sorting by popularity. Most are selling for pennies right now, but who's to say they won't be profitable first, and expand with cash flow as their market share grows. Building brand loyalty is what matters most now. imho. Liked the post. gl
Westleaf may have gone quiet since the merger, but QWEST products are still making noise. Great online reviews on Reddit and Twitter are the best word of mouth advertising you can have. Like the one below from QWEST's Twitter page.
Hoping once the merger dust settles they will be more active on social media. With no cannabis advertising allowed in Canada social media is the best way to spread the word.
The share price isn't what it should be, but catalysts are coming with Cannabis 2.0 concentrates in the pipeline. imho
https://twitter.com/prairiecannavi1/status/1220028773099134977
Biome's Highland Brand still fighting it out with the big boys for market share in SK. Currently Highland is the #2 most popular pre-roll at Wiid Boutique in Regina. Ahead of Tweed, Canna Farms, and Vertical. At The Pot Shack Highland has the #2 most popular whole flower. Ahead of Cove, Aurora, and Spinach. Pretty rarefied air for a cannabis company just getting started. Like:)
If the dilution is being used to get the facility operational, I can live with that. Even if the facility is complete and licensed they still need capital to outfit the cultivation rooms with grow lights, and other necessary equipment to start operations. If that's what all this new volume is about it's all good to me. Definitely have them on the clock for a press release updating investors. I'll give them a little more time, but not forever.
**NEWS** Medical Marijuana, Inc. Flagship CBD Oil RSHO-X™ Clinical Study Results Show Promise
https://finance.yahoo.com/news/medical-marijuana-inc-flagship-cbd-140000671.html
Nice to see a CBD company trying to help people, as well as make money. Bought a few shares for that reason alone. Also like the MLM business model for CBD. glta
New Experion CEO lays out the real definition of cannabis 2.0… cost controls and common sense
https://equity.guru/2020/01/08/new-experion-exp-v-ceo-lays-real-definition-cannabis-2-0-cost-controls-common-sense/
Looks like Equity Guru gave Experion some free advertising, nice :)
Check out this giant MAC 1 bud on Citizen Stash Twitter. Like :)
A little preview of our next release of MAC1 pic.twitter.com/uxrTwiWudc
— Citizen Stash (@CitizenStash) February 8, 2020
Future posts will be on the EXPFF ticker.
The new CEO seems to understand the importance of communicating with investors. He's already getting the word out with promotional information about the company. Something rarely seen under the former CEO. Maybe he can bring some of that Starbucks branding excellence to Supreme. Good start with this article.
A Premium Cultivation Approach, Growth with a Higher Purpose -- CFN Media
https://finance.yahoo.com/news/premium-cultivation-approach-growth-higher-123000164.html
Former Starbucks Canada president Colin Moore named Supreme Cannabis interim CEO
https://www.comunicaffe.com/former-starbucks-canada-president-colin-moore-named-supreme-cannabis-interim-ceo/
Now that the old CEO is gone I'll buy a few shares at the 52 week low. That guy left investors in the dark. At least the new CEO has real business experience with branding and CPG from Starbucks. Hopefully he rightsizes the company to only essential personnel.