Marijuana Stocks Get Absolutely Crushed

While I’m not quite the savviest of investors, I do have a keen eye for stocks in emerging markets, and for many years, I’ve considered “pot stocks” to be an emerging market as legalization grows across the USA and Canada.  With marijuana becoming more mainstream, there are no shortage of stocks that allow the average armchair investor to get some skin in this lucrative game.

However, yesterday provided a massive speed bump to all of us who do indeed have skin in the game.  I’ve surfed many investment sites and financial portals, and have a lot of stuff to say about what happened.

Note:  I don’t offer financial advice.  Invest at your own risk.

Again, I read a lot about this, as I have a few companies I’m invested in.  This report on Market Watch was a good read.

This sort of gut punch that happened yesterday was explained in great detail, and according to Market Watch’s article, the average investor has lost 75% of it’s value over time in the marijuana space.

A big catalyst for this was an announcement by marijuana company Hexo, which goes by HEXO on the ticker.  Net revenue for the fourth quarter will be about $ 14.5 – $ 16.5 million, and net revenues will be between $ 46.5 and $ 48.5 million for the year.  These are both below expectations.

  • HEXO alone fell over 20% yesterday.

Other news that has not been so helpful is that MedMen decided NOT to purchase Pharmacann, which would have been a $ 600 million deal.

  • The vaping crisis is NOT helping the cause either.   Consumers are jumping ship on buying vape pens and devices that were otherwise strong sellers.

The article continues to go on and suggest that you pick points when the selling of marijuana stocks is at a high, and buy stocks that have concepts that will work long term.  Trends, (which could be vaping related) are not a reason to buy a stock.  If there are spikes off these lows, it’s best to sell.  It’s going to be a rocky road coming up, which is entirely my take and not related to the article’s articulation of the sell off yesterday.

Strap up, it’s going to be wild for anyone who has money in this space.

Shane Dwyer
Author: Shane Dwyer
Shane Dwyer is a cannabis advocate who isn’t afraid to tell the world about it! You can find his views, rants, and tips published regularly at The 420 Times.

Marijuana & Cannabis News – The 420 Times

Finland baker launches bread made from crushed crickets

HELSINKI (Reuters) – Finnish bakery and food service company Fazer launched on Thursday what it said was the world’s first insect-based bread to be offered to consumers in stores.

The first mass-delivered bread made of insects are seen at the Finnish food company Fazer bakery in Helsinki, Finland November 23, 2017. REUTERS/Attila Cser

The bread, made from flour ground from dried crickets as well as wheat flour and seeds, contains more protein than normal wheat bread. Each loaf contains about 70 crickets and costs 3.99 euros ($ 4.72), compared with 2 to 3 euros for a regular wheat loaf.

“It offers consumers with a good protein source and also gives them an easy way to familiarize themselves with insect-based food,” said Juhani Sibakov, head of innovation at Fazer Bakeries.

The demand to find more food sources and a desire to treat animals more humanely have raised interest in using insects as a protein source in several Western countries.

In November, Finland joined five other European countries – Britain, the Netherlands, Belgium, Austria and Denmark – in allowing insects to be raised and marketed for food use.

Sibakov said Fazer had developed the bread since last summer. It had to wait for legislation to be passed in Finland for the launch.

Flour ground from dried crickets and crickets in jars, for the first mass-delivered bread made of insects, are seen at the Finnish food company Fazer bakery in Helsinki, Finland November 23, 2017. REUTERS/Attila Cser

“I don’t taste the difference … It tastes like bread,” said Sara Koivisto, a student from Helsinki after trying the new product.

Due to a limited supply of crickets, the insect-bread will initially only be sold in 11 Fazer bakery stores located in Helsinki region hypermarkets, but the company plans to offer it in all 47 of its stores by next year.

Slideshow (3 Images)

The company buys its cricket flour from the Netherlands, but said it was also looking for local suppliers.

Fazer, a family business with sales of about 1.6 billion euros last year, did not give a sales target for the product.

Insect-eating, or entomophagy, is common in much of the world. The United Nations estimated last year that at least 2 billion people eat insects and more than 1,900 species have been used for food.

In Western countries, edible bugs are gaining traction in niche markets, particularly among those seeking a gluten-free diet or wanting to protect the environment because farming insects uses less land, water and feed than animal husbandry.

($ 1 = 0.8458 euros)

Reporting by Tuomas Forsell; Editing by Jussi Rosendahl and Edmund Blair

Our Standards:The Thomson Reuters Trust Principles.

Reuters: Oddly Enough

Teenager in garbage container crushed by Luxembourg trash truck

BRUSSELS, April 8 | Mon Apr 8, 2013 7:16am EDT

BRUSSELS, April 8 (Reuters) – A French teenager who had hidden inside a garbage container was crushed to death inside a trash truck in Luxembourg on Saturday, police said.

Garbage men only discovered the 17-year-old when he shouted out as they emptied the container into the back of the truck early on Saturday morning, but by then he was already in the grasp of the crushing mechanism.

“He cried out, but it was already too late,” a spokeswoman for Luxembourg police said on Monday.

The young man, whose name was not released, died on the scene, in the city of Luxembourg.

Police have opened an investigation.

Reuters: Oddly Enough

April Fool crushed by hi-tech marketing..

LONDON | Mon Apr 1, 2013 8:22am EDT

LONDON (Reuters) – The April Fool is dead.

Or at least the gentle jester of the common folk has metastised into a corporate colossus controlled by global marketing executives, bestriding the Internet to force familiar brands ever deeper into the collective consciousness.

So while Google extended a tradition dating back, well, a decade or so, in poking fun at its own ubiquity – introducing a database of smells and shutting down its YouTube service – it was fitting that old-fashioned, paper-based media poked fun on Monday at the power of machines over our minds.

In Britain, where newspapers have long relished the ancient art of goading the gullible on April 1, the Guardian offered its leftish, liberal readers “augmented reality” spectacles to let them “see the world through the Guardian’s eyes at all times”.

By staring at a restaurant, cinema or retail product and the paper’s critics’ reviews would come into vision without all the hassle of reaching for the phone, wrote the Guardian’s anagrammatic correspondent Lois P. Farlo. And “anti-bigotry technology” would screen out offending op-ed columns should any reader happen to pick up a copy of the right-wing Daily Mail.

Fantasy meets reality, however, with a payoff line noting the imminent appearance in stores of Google Glass, which lets wearers view information in front of their eyes and take video.

Google itself, which has championed the art of April Fools Day marketing, offered visitors to its google.com search engine a beta-version of a new technology, Google Nose – “the new scent-sation in search”, a kind of olfactory world wide web.

In a corporation-wide push for the global funny-bone, the company also offered gags on its Gmail email service – poking fun at innovation with a video explaining new, Gmail Blue would be… blue; Google Maps offered a treasure hunting mode and old parchment style navigation; and Google’s YouTube unit “revealed” that the video-sharing site had all along been a giant contest and would now shut down to judge the winner.

New products and services were fair game for other brands keen to show their lighter side: Japanese telecoms company KDDI offered a mobile phone that was actually a bed – to save ever having to get up; a blog at Twitter, or rather “twttr”, said users who wanted vowels in their microblogs would have to pay.

Procter and Gamble’s mouthwash brand Scope offered a new “Bacon” flavor – “For breath that sizzles”.

German carmaker BMW offered British readers excited at the impending arrival of a royal baby the P.R.A.M. (Postnatal Royal Auto Mobile) complete with picture of a sportily styled buggy and corgis at Windsor Castle – inquiries to Joe.King@bmw.co.uk.

SATIRE

In the more traditional realm of news-based fun, Yahoo’s French website led its front page with the announcement that, to save money, President Francois Hollande would move his offices from the Elysee Palace to one of Paris’s grittier suburbs.

“Nesta Vowles” had a story in Britain’s Daily Mail about owls being trained, Hogwarts-style, to deliver internal mail in an office. It carried photographs of what it called the “Roy-owl Mail”. The rival Daily Express said Queen Elizabeth was renting out rooms at Buckingham Palace – but, perhaps fearing for its switchboard, hastened to tell readers that this was a joke.

The Sun mocked up a shot of Mick Jagger in a tent and said the millionaire Rolling Stones were getting into practice for playing at the Glastonbury rock festival by spending Easter out of doors – at the Rolf Apilo campsite, of course.

In a more sharply satirical vein, the Independent took aim at plans to control the British press by reporting that a pro-regulation lobby group, backed by celebrity victims of media intrusion, was being consulted by foreign governments including Burma and Sudan on how to deal with troublesome journalists.

The Times reflected back to a gentler age with a story of newly discovered diaries by a 19th-century army officer that quoted “experts” comparing them to two famous historical hoaxes – Piltdown Man’s fake “pre-human” bones and the Hitler Diaries.

Such heavy-handedness seemed an admission of defeat for a genre whose heyday in more innocent times saw the BBC bombarded with calls for seed catalogues after it broadcast a news item on “spaghetti trees” in 1957; 20 years later, would-be tourists called the Guardian for information on how to get to the idyllic – but sadly entirely typographical – island of San Seriffe.

It took French post office, La Poste, to highlight the struggle for survival faced by traditional media in a new technological age; it issued a press release announcing that airborne drones were delivering newspapers to people’s homes.

Blurring the lines between mirth and marketing, Britain’s Daily Mirror carried a story on the launch of glass-bottomed airliners – offering special sightseeing trips over Loch Ness. It would, it said, be operated by Richard Branson’s Virgin airline – which duly carried its own online advert for the new planes, along with publicity for its real new domestic service.

With April Fools Day ever more an ad man’s dream rather than a moment for pranks in the playground, Coca-Cola put an ironic, postmodern twist on the whole bluff-or-double-bluff atmosphere by advertising a relaunched vanilla version of the fizzy drink in Britain: The slogan? “It’s back! – (no really, it is)”.

If the stress of sifting fact from fiction seemed too much, particularly for fellow journalists writing reports from the frontline of foolery, once could have left it to Britain’s Metro newspaper to do the legwork and make things easier.

Its 2013 “round-up of the best jokes” from other media included a BBC story on NASA’s Mars rover tweeting that bullying by Internet trolls was forcing it off Twitter, the Telegraph on rabbits bred with human ears and a supermarket press release offering to deliver food via a 3D printer.

Trouble is, those were all made up by Metro. April Fools!

(Editing by Giles Elgood)

Reuters: Oddly Enough

Starbucks to phase out coloring from crushed beetles

Packets of Starbucks coffee are seen in a supermarket in Santa Monica, California, January 27, 2011. REUTERS/Lucy Nicholson

Packets of Starbucks coffee are seen in a supermarket in Santa Monica, California, January 27, 2011.

Credit: Reuters/Lucy Nicholson

Thu Apr 19, 2012 8:39pm EDT

(Reuters) – Starbucks Corp said on its blog on Thursday that it will stop using a natural, government-approved coloring made from crushed beetles in its strawberry flavoring by late June, bowing to pressure from some vegetarian customers.

Starbucks has been using the extract in its strawberry frappuccinos and smoothies, as well as some deserts like raspberry swirl cake.

“After a thorough, yet fastidious, evaluation, I am pleased to report that we are reformulating the affected products to assure the highest quality possible,” Cliff Burrows, president of Starbucks U.S., wrote in a blog post.

Instead, the coffeehouse chain said it plans to use lycopene, a natural, tomato-based extract.

Burrows said Starbucks “fell short” of customer expectations. One blogger in March began an online petition to pressure Starbucks to stop the practice.

Ground up cochineal beetles is a commonly used Food and Drug Administration-approved food coloring.

(Reporting By Phil Wahba in New York; Editing by Michael Perry)

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Comments (4)

Awww, yeah, shucks, right.

How ’bout yeast?

Trillions of yeast are bred and slaughtered each year to make scones.

Ooops! No, sorry, scones are made with baking soda.

Bread! Bread is the real Slaughter of the Innocents!

Now how about removing artificial sweeteners from your syrups and condiments bar and go with the natural and safe stevia?

if they really want to show their concern for their customer base, why don’t they put our rewards on our card instead of wasting paper to print coupons for us to lose er.. i mean ..use later?

Reuters: Oddly Enough

Rare bunny crushed to death by cameraman at German zoo

BERLIN | Fri Mar 16, 2012 1:02pm EDT

BERLIN (Reuters) – A fawn-colored baby rabbit tipped for fame in Germany as he was born without ears was accidentally trampled and killed by a cameraman who had come to a zoo to film him, German media reported this week.

“I can’t believe it. The rabbit was so sweet. It is a huge tragedy,” zoo manager Uwe Dempewolf told Bild newspaper.

The rabbit, due to be named “Til”, had hopped behind the cameraman during filming in his small hay-strewn stall at the zoo in Limbach-Oberfrohna, and was crushed as the cameraman took a step backwards.

Several German animals have become international celebrities in recent years, including polar bear Knut, who was hand-reared as a cub at Berlin Zoo, and Paul, an octopus who correctly predicted the results of each of Germany’s World Cup soccer matches and accurately tipped Spain to beat the Netherlands in the final.

Til’s death recalls that of another German star-in-the-making, a squirrel named “Cinderella”, who died in 2005 after also being trampled on accidentally by a German television reporter.

(Reporting by Alexandra Hudson, editing by Paul Casciato)

Reuters: Oddly Enough