June 21, 2019
Hemptown Organics is unique in the legalized cannabis sector as the company remained under the public market radar until its operations were actually operational.
Speaking of which, the company brought in 110,000 pounds of feminized hemp biomass in 2018 and purchased one million rare CBG seeds to plant in 2019.
Hemptown also has the confidence of financial institutions, having just over-subscribed a convertible debenture offering for CAD$24 million and its not hard to understand why.
In the first half of this fiscal cycle, Hemptown is reporting the same caliber of revenues as billion-dollar 'juggernaut' Cronos Group (CRON.T), but Hemptown has a realistic market cap with room to fly.
Equity.Guru's own Chris Parry, spoke with Hemptown co-founder, director and president, Michael Townsend, to lift up the hood on the company, its revenue run and its highly anticipated IPO expected in Q4 2019.
Full disclosure: Hemptown Organics is an Equity.Guru marketing client.
June 20, 2019
Slack (WORK.NYSE) went public today in a direct listing on the NYSE which saw shares jump nearly 50% by end of trading to settle at US$38.62 per share by the time the bell rung.
Wall Street has thrown considerable weight behind this transaction, but is this a case of the emperor wearing no clothes, does Slack's intrinsic value and future potential match up to its valuation when the company still operates at a huge loss?
In this episode, Equity.Guru's own Ethan Reyes pieces apart the company, its public market debut and the sector it intends to dominate.
With weed stocks in recession, investors are looking for new opportunities, is this an option?
June 19, 2019
Gold closed on a record high for 2019 today, giving the impression that the heady days of a bullish gold market might just be on the horizon and junior explorers are positioning themselves to take advantage of the precious metals supercycle.
Great Bear Resources (GBR.V) is developing a high-grade gold project near storied Red Lake, Ontario where the Campbell complex produced 11,216,443 ounces of the shiny stuff between 1949 and 2006.
Equity.Guru's own Chris Parry spoke with director, president and CEO, Chris Taylor, to get a look at the company, its pursuit of developing a district-sized deposit and what investors can expect over the next 12 months.
June 17, 2019
Cannabis edibles are already a healthy part of California's legalized cannabis sector and companies like PLUS Products (PLUS.C) are positioning to capture a share of that massive market. How will the edibles sector perform in Canada once legal?
On Friday, Health Canada held a conference call to discuss the latest edition of its cannabis edibles guidelines to go into effect in October, while edibles and concentrates are slated to hit dispensary shelves across the country in December.
Equity.Guru's associate-editor, Ethan Reyes, sat in on the call and in this episode breaks down the major takeaways that will affect both producers and consumers as cannabis edibles become a legal reality north of the 49th parallel.
Full disclosure: PLUS Products is an Equity.Guru marketing client.
June 14, 2019
Just before GTEC Holdings (GTEC.V) went public, Equity Guru’s Chris Parry summarised GTEC like this: “GTEC’s growers are genuinely small batch, artisan guys. They haven’t come to market with a ‘We’re going to have the biggest greenhouse in the world’ play.
They’re coming to market with this play:
- We already have a grow license.
- We have four other late-stage applicants we expect to secure grow licenses.
- If any don’t, we’ll roll them into one that does and apply for an expansion rather than a fresh license.
- We’re running this like a winery. Quality is everything.
“That means keeping costs low, margins high, and not fighting with every other LP for that sweet Ontario Liquor Board deal that wants a lot of weed cheap and quick. Rather, they’re offering something people will look for.”
In the last 2 years, GTEC has built an expansive portfolio of cannabis companies, includes 100% ownership of: Alberta Craft Cannabis, Grey Bruce Farms, Tumbleweed Farms, GreenTech Bio-Pharmaceuticals, Zen Lab and Spectre Labs.
In this wide-ranging interview, Norton Singhavon, the CEO of GTEC Holdings speaks with Equity.Guru’s Guy Bennett about GTEC’s “Build it, don’t buy it” expansion strategy.
June 13, 2019
Renaissance Oil (ROE.V) is developing a diversified shale and mature fields portfolio in Mexico. The timing is fortuitous.
For 80 years, Mexico’s state-owned PEMEX was the only energy operator in Mexico. The country’s oil production fell for 15 years, declining from 3.4 million barrels a day (mb/d) in 2005 to 1.9 million (mb/d) now.
PEMEX lacks the technology and capital to unlock the value of shale. It requires modern techniques to stimulate the gas bearing zones. Pemex is now collaborating with international Oil & Gas companies.
Russian oil producer LUKOIL chose Renaissance as their partner to explore and develop the Amatitlán block in Mexico. LUKOIL has a market cap of $48 billion, a million of barrels of production and 100,000 employees in 40 countries around the world.
Craig Steinke, the CEO of Renaissance, spoke with Equity.Guru’s Guy Bennett about the opportunity in Mexico, significant 2018 revenues and the company’s international partnerships.
May 31, 2019
Big news dropped in April this year when U.S. pot operator, Cresco Labs (CL.C), snapped up Canadian cannabis brand giant Origin House (OH.C) in a friendly all-stock deal worth USD$1.1 billion.
The deal combined Origin's extensive cannabis brand portfolio with Cresco's cultivation and retail network, giving the cannabis conglomerate access to 11 states in the U.S. with over 50 brands being sold out of 750 dispensaries.
Equity.Guru's own Chris Parry spoke with Origin House CEO Marc Lustig about the market, changes in investor sentiment and how the company intended to pursue opportunities in a post-cultivation cannabis market.
May 28, 2019
On April 15, 2019 Chemesis International (CSI.C) announced plans to purchase a cannabis manufacturing facility in Arizona, that is already up-and-running, generating about $1.3 million in Q1, 2019.
With a 3,000 lb cultivation facility in Puerto Rico, a Colombian grow facility in development, manufacturing and extractions biz (2,000 lb capacity) in California and distribution to retail storefronts in California – CSI is on the move.
The 5,000 square feet Arizona manufacturing facility is a “turn key solution” that produces 100% cannabidiol (CBD)-based products, such as “hard and soft-capsules, cartridges, lotions, tinctures, and other liquid formulations.”
Chemesis has also signed an endorsement deal with a duo that Equity Guru’s Chris Parry calls, “One of the top three best endorsement targets (for a cannabis company) in the world today.” Hint: one of them doesn’t speak.
Edgar Montero, the CEO of Chemesis, spoke with Equity.Guru’s Guy Bennett about the personal catalyst that propelled him into the cannabis industry, and how CSI cross-pollinates innovation between its international operations.
Full disclosure: Chemesis International is an Equity.Guru marketing client.
May 25, 2019
Rick Rule, a self-made billionaire, has firmly established himself as a leading financial figure in mining, energy, water utilities, forest products and agriculture since his entry into the securities market in 1974.
The senior managing director of Sprott Inc (SII.T). is also president & CEO of Sprott U.S. Holdings and chief investment officer of Sprott Resource Holdings (SRHI.T).
If that's not enough hats, Rule is an often sought after speaker at resource conferences and is a go-to interviewee for radio, TV, print and online media outlets regarding the resource sector.
Equity.Guru's own Gaalen Engen spoke with Rick on behalf of TSX Media's moments in mining series to get a closer look at the recent Atlantic Gold (AGB.V) acquisition, the current state of the mining and where Rick plans to focus his investment efforts in the next five years.