by Mike and Colin | Oct 15, 2021 | M&A / Capital Raise, Macro
Canopy is paying $297.5M for the right to buy Wana 5 years after it is “Federally permissible”, and Cronos paid $110.4 million for the right to buy 10.5% of Pharmacann when legal. What exactly are they getting, why are they buying, and why is it smart for Wana and...
by Mike and Colin | Oct 8, 2021 | Company Deep Dive
We learned this week that Harvest founders Steve White and Jason Vedadi (who left the company last year) own a total of 6.5 million shares of Trulieve worth $57 million as of October 4. How much is locked up, how much could be sold immediately, and when does the rest...
by Mike and Colin | Sep 24, 2021 | Company Deep Dive
RIV Capital (OTC:CNPOF, CSE:RIV) is is a public held investment fund with multiple near-term catalysts and a compelling valuation. Premium Members (sign up here) can read about this opportunity, with both bull and bear cases, valuation, and download a working model...
by Mike and Colin | Sep 21, 2021 | Data & Analysis, Macro
Michigan published the August 2021 data for their cannabis market, and we have organized an update on market share in the state; this article includes a monthly state data review for Michigan, complete with a working model of supply and pricing trends, inventory...
by Mike and Colin | Sep 17, 2021 | Company Deep Dive
Glass House Brands is a SPAC that has traded down to $5.00 on funding and pricing concerns, but they recently closed on the acquisition of the 5.5 million square foot Camarillo greenhouse in Ventura California. We think this is a very interesting opportunity for a...
