Cannabis Investing Network
By CIN Podcast
Cannabis Investing NetworkJan 27, 2021
#192 - The Good, The Bad & The Ugly of Cannabis Investing
In this episode (recorded pre-DEA announcement) we discuss the risk/reward of the industry along with our game plans for going forward.
Let us know what topics you want to hear the most about in the coming weeks!
#191 - Q4 2023 Financial Review of the Big 5 MSOs (ft. Nick Gastevich aka CannaVestments)
Focus on the fundamentals!
In this episode we are joined by our friend Nick Gastevich (aka CannaVestments) who is a long time private and public cannabis investor.
In this Financial Review we cover:
- How each operator stands to benefit from Florida Rec
- Cash flow, future growth & 280E benefits
- Thoughts on MSOs valuations; financial metrics; balancing positives and negatives
Thanks to Nick for joining us and sharing his detailed analysis as always!
Connect with Nick:
Twitter - https://twitter.com/CannaVestments
LinkedIn - https://www.linkedin.com/in/nicholas-gastevich-75841346/
Family Office Website - https://www.vginvests.com/
#190 - ALL IN on Florida Cannabis (ft. Real Estate Randy)
In this episode we go "boots on the ground" into Florida's Cannabis Market.
Our guest Real Estate Randy is an expert in helping Florida operators expand their footprint. He has years of experience dealing with some of the largest MSOs and brings unique insight on their innerworkings as well as the local market nuances.
In this episode:
- Why Randy is "all-in" on Florida Rec
- How he expects the market to change leading up to the Ballot
- Where are the untapped opportunities in the state
- Why opening stores will get harder
- Which operators Randy likes
- M&A: Who's ripe for acquisition?
- Why cannabis investors should be VERY excited for the Florida opportunity\
& much more
Huge thanks to Randy for joining us for this episode!
#189 - Focus on Cannabis Earnings + Catalysts (ft. Jesse Redmond of Water Tower Research)
In this episode we are joined by Jesse Redmond of Water Tower Research to discuss Rescheduling Rumours, Cannabis Catalysts & Earnings Take-Aways.
Jesse has a unique background as a former hedge fund manager AND a cannabis dispensary operator. He shares insights on specific names and outlines a game plan depending on your risk tolerance.
In this episode we discuss:
- What to make of the recent Doug Kass rumour?
- Kamala, Fat Joe & Election predictions
- Earnings: How did Tier 1 MSOs perform?
o How did smaller operators perform?
- Game Plan: what names you should consider depending on your risk level
- Catalysts: How will possible seismic changes affect the investing landscape?
o Where will big money gravitate towards
- California Cannabis – what’s interesting to look at?
Thanks again to Jesse for joining us
Connect with Jesse:
On X: https://twitter.com/jesseredmond
On LinkedIn: https://www.linkedin.com/in/jesseredmond/
Water Tower cannabis research: https://www.watertowerresearch.com/sector/12
To be added to Water Tower’s cannabis email distribution list, email jesse@watertowerresearch.com
#188 - Deepdive on German Cannabis (ft. Will Muecke, Co-Founder of Artemis Growth Partners)
In this episode we are joined by Will Muecke who is Co-Founder and Managing Member at Artemis Growth Partners.
Artemis Growth Partners is one of the largest and most active private investors in cannabis with ~$400M+ under management exclusively in cannabis.
Will and his team have invested throughout the cannabis value chain including MSOs, Brands and producers in Europe.
In this episode:
- What just happened in Germany?
- How will the current market change?
- Which companies will benefit the most?
- How will Germany change the EU's view on Cannabis
- Potential future uplisting for Legal Cannabis in the UK
- Rescheduling: How much upside could there be?
Thanks to Will for joining us!
Connect w/ Will:
Website: www.artemisgrowth.com
LinkedIn (corporate): https://www.linkedin.com/company/artemisgrowth/
LinkedIn (personal): https://www.linkedin.com/in
#187 - How To Trade Cannabis Stocks in 2024 (ft. Charting Man Dan of The Chart Guys)
In this episode we are joined by a special guest who brings a unique perspective on trading cannabis stocks through technical analysis.
Charting Man Dan of The Chart Guys is a well known cannabis personality who specializes in chart reading. Dan is a veteran cannabis trader but also regularly trades broader indices and crypto.
Dan is a wealth of honest information and brings an unbiased perspective on the charts.
In this episode we discuss:
- The Rescheduling Game Plan for 2024
- Buying MSOS vs Underlying OTC names
- Deciding when to buy and sell
- Florida Rec: how a trader evaluates names and entries
Thanks to Dan for joining us and sharing his perspective. Please check out his links below for great free content
Follow Dan / The Chart Guys
On Twitter: https://twitter.com/ChartGuys
The Chart Guys on Youtube: https://www.youtube.com/channel/UCnqZ2hx679DqRi6khRUNw2g
Free Intro to TA course: https://www.chartguys.com/trading-courses/7/technical-analysis
Understanding Dilution Video: https://www.youtube.com/watch?v=ay7VFXFxHRM
Priced-In Analysis Video: https://www.youtube.com/watch?v=RGL94mPHFJg
#186 - Cannabis, Politics & Election Season (ft. Hirsh Jain of Ananda Strategy)
In this episode we are joined by special guest Hirsh Jain. Hirsh is a cannabis policy expert and shares in depth analysis about:
- DEA Rescheduling: Is Sooner or Later better for Biden?
- How do state level cannabis programs affect elections?
- Florida: Why Hirsh is bullish
- VA / OH / PA & Texas
- How important is cannabis really for voters?
Don't miss out on Hirsh's unique insight into the intersection of cannabis and politics.
Connect with Hirsh:
LinkedIn - https://www.linkedin.com/in/hirsh-jain/
Twitter - https://twitter.com/anandastrategy
Hirsh's Website - https://anandastrategy.com/
#185 - What's Next for Cannabis Investors? (ft. MJ Stock Trader)
In this episode we are joined by Mike aka MJ Stock Trader on Twitter. Mike has become a leading voice on CannaTwitter over the past 3 years and shares a unique perspective on social media's importance in cannabis investing.
In this episode we discuss:
- The importance of psychology and sentiment
- How 2024 has started for investors
- What's Next? Key dates to watch for
- Rescheduling, Florida & SAFER
- Big risks no one is talking about
- Personal investment strategies for 2024
& much more
Follow Mike @ https://twitter.com/stock_mj
MJ Stock Trader Website - https://mjstocktrader.com/
#184 - Cansortium CEO: Fluent in Florida Cannabis (ft. Robert Beasley, CEO of Cansortium)
Happy 2024! To kick off the new year we are joined by a very special guest - Robert Beasley, CEO of Cansortium (TIUM on CSE or CNTMF on OTC).
Cansortium is a Multi-State Operator with operations in Florida, Pennsylvania & Texas.
In this episode we discuss:
- Robert becoming CEO in 2020 and right sizing the company
- Living through the COVID Cannabis boom in Florida
- The importance of balance in the company
- Florida Adult Use on the 2024 Ballot
- Price Wars: how price compression has impacted Florida
- M&A: how does management think about the company's future
- Financial Performance including cash flow, taxes and debt
Thank you to Robert for joining us for this discussion.
Get in touch with Cansortium/Fluent @ https://investors.getfluent.com/
#183 - The 2024 Game Plan for Cannabis Investing
The final episode of 2023!
In this episode we recap what happened this year and paint the picture of our investing game plan for 2024
In this episode:
- Recapping 2023 for Cannabis & General investing
- The potential macro backdrop for 2024
- The biggest 2024 Catalysts for Cannabis
- The game plan for making the most of 2024
Thank you all and see you in 2024!
#182 - The State of the Cannabis Industry
The boys are back! In this episode we discuss 3 recent examples of cannabis companies and how they represent the Good, the Bad & the Ugly of what is going on in the cannabis industry today
#181 - Cannabis Stocks are Mispriced Options (ft. Scott Grossman of Turning Point Brands)
In this episode we are joined by Scott Grossman of Turning Point Brands (TPB on the NYSE). Scott has extensive experience in private and public markets and is Head of Corporate Development for TPB. Turning Point has a unique position in our industry as they control the ZigZag brand and have made numerous investments across the cannabis supply chain.
Scott joins us to discuss the most important developments in 2023, his thesis around "Kinetic Energy" building in the industry, how investors should be looking at companies and much more.
Follow Scott on Twitter @ https://twitter.com/srg444
#180 - Rescheduling Cannabis Deepdive & Predictions (ft. Ryan Mao, COO of Solar Cannabis)
In this episode we are joined by Ryan Mao to discuss his new piece which gives a clear overview of the steps with regards to rescheduling cannabis.
Read Ryan's work @ www.MSOmao.com
We discuss:
- Why Rescheduling is more important than SAFEr Banking
- Ryan's predictions and timing for rescheduling
- Mechanics: the steps involved and key considerations
- Previous examples and how they might differ
- What to expect in 2024
- How operators and investors can position themselves ahead of these potential changes
Thanks to Ryan for joining us for this in depth chat
Connect with Ryan:
On LinkedIn - https://www.linkedin.com/in/ryan-mao02211996/
Ryan's website - https://www.msomao.com/
#179 - Q2 Financial Review of the Big 5 MSOs (ft. Nick Gastevich aka CannaVestments)
Focus on the fundamentals!
In this episode we are joined by our friend Nick Gastevich (aka CannaVestments) who is a long time private and public cannabis investor.
In this Financial Review we cover:
- The 2 biggest fundamental catalysts for the industry (not SAFER banking related)
- Cash flow, future growth & 280E benefits
- Thoughts on MSOs valuations; financial metrics; balancing positives and negatives
Thanks to Nick for joining us and sharing his detailed analysis as always!
Connect with Nick:
Twitter - https://twitter.com/CannaVestments
LinkedIn - https://www.linkedin.com/in/nicholas-gastevich-75841346/
Family Office Website - https://www.vginvests.com/
#178 - The 2 Things Cannabis Investors Need to Succeed
In this episode we discuss higher yields, repricing risk, SAFER Banking and coming to your own conclusions
#177 - Many Catalysts Still to Come (ft. MJ Stock Trader)
In this episode we are joined by Mike aka MJ Stock Trader on Twitter. Mike has become a leading voice on CannaTwitter over the past 3 years and shares a unique perspective on social media's importance in cannabis investing.
In this episode we discuss:
- Getting started in the industry
- Trading vs Investing in Cannabis
- Evolution of investor psychology
- Evaluating when and what to purchase
- The most important valuation metrics
- Federal movement: Rescheduling & SAFE
- Upcoming SAFE Banking vote: are we too optimistic?
- Equity Raises & Short Sellers
- Social media's role in retail driven stocks
& much more
Follow Mike @ https://twitter.com/stock_mj
MJ Stock Trader Website - https://mjstocktrader.com/
#176 - How High Can Cannabis Get? - Sept 2023 Market Update
In this episode we balance the bear and bull case for cannabis stocks coming off the bomb shell rescheduling news.
We discuss process, timeline, what this means for the industry and which companies should benefit the most going forward.
#175 - Cannabis Posting Sneaky Good Earnings
The boys of summer are back to talk about earnings season
REPLAY - #162 - 5 Key Things To Watch in 2023
This week the boys are on vacation so we thought it would be fun to revisit our predictions episode from Feb 2023 to keep ourselves honest.
What did we get right? What did we get wrong? Were there major surprises or upsets?
"5 Key Things to Watch in 2023" originally aired Feb/8/2023
#174 - The Case for Owning Cannabis Stocks
In this episode we go through the investment case for why owning cannabis stocks may be better risk/reward than the market is signalling
#173 - Focus on State Level Cannabis Progress (ft. Hirsh Jain of Ananda Strategy)
In this episode we are joined by special guest Hirsh Jain. Hirsh is a cannabis policy expert and shares in depth analysis about which markets are most likely to go adult use, which markets are disappointing, how Germany is doing and where the federal political winds are blowing.
Don't miss out on Hirsh's unique state level insight.
Connect with Hirsh:
LinkedIn - https://www.linkedin.com/in/hirsh-jain/
Twitter - https://twitter.com/anandastrategy
Hirsh's Website - https://anandastrategy.com/
#172 - Does Anyone Care About Cannabis Stocks?
In this episode we review some positive developments for the industry:
- TSX Uplisting for Terrascend
- Capital raises for interesting opportunities
- Maryland starting sales July 1st
- Rescheduling update & more
Despite these positive steps forward the cannabis markets seem completely quiet. Is this a problem or an opportunity?
#171 - Cannabis is a Contrarian Play
The boys are back together!
In this episode we discuss:
- The current state of capital markets
- Pause or Hike? Or both?
- Why isn't cannabis getting more love?
- Regulatory pains of cannabis M&A
- Cresco vs Columbia Care
- Cannabis vs Office Buildings
- Does cannabis make good sense right now?
#170 - Q4 + Q1 2023 Financial Review of the Big 5 MSOs (ft. Nick Gastevich aka CannaVestments)
In this long awaited episode we are joined by our friend Nick Gastevich (aka CannaVestments) who is a long time private and public cannabis investor.
In this Financial Review we cover:
- General thoughts on Cannabis Earnings
- Concerns on cashflow and capital requirements
- Thoughts on MSOs valuations; financial metrics; balancing positives and negatives
Thanks to Nick for joining us and sharing his detailed analysis as always!
Connect with Nick:
Twitter - https://twitter.com/CannaVestments
LinkedIn - https://www.linkedin.com/in/nicholas-gastevich-75841346/
Family Office Website - https://www.vginvests.com/
#169 - Are Cannabis Stocks Interesting Again?
Despite SAFE Banking Disappointment we discuss why there are some green shoots in cannabis investing worth paying attention to
#168 - This Time is Different ? Right ? - May 2023 Market Update
Are you ready to get hurt again?
In this episode we discuss SAFE Banking, a confusing macro environment, recession fears and industry trends
#167 - Ticker by Ticker Cannabis Analysis (ft. Alan Brochstein of 420 Investor)
In this special 420 episode we are joined by the industry's leading cannabis analyst Alan Brochstein. Alan is the founder of 420investor and co-founder of New Cannabis Venture. AB has deep company level knowledge and is one of our favourites sources of analysis and information for the cannabis industry.
In this episode we go ticker by ticker to get Alan's thoughts on: Trulieve, GTI, MSOS, Columbia Care, Cresco, AYR, Ascend, Weedmaps, OGI and many more! Throughout this discussion we also touch on many of the industry's most pressing issues including profitability, uplisting, 280E and many other items.
Thanks to Alan for joining us for a great discussion as always.
Connect with Alan:
420investor on Seeking Alpha - https://seekingalpha.com/mp/1417-420-investor/articles
Alan on Twitter - https://twitter.com/Invest420
#166 - CannaTech is a Long-Term Winner (ft. Colin Campbell of Sharp Capital Advisors)
In this episode we are joined by Colin Campbell, Managing Director of Sharp Capital Advisors. Sharp provides advisory services exclusively to the cannabis industry including M&A, Capital Raising and more. Colin joins us to discuss Cannabis Technology (CannaTech) companies as well as the state of the market, plant touching operators and what the M&A landscape looks like.
He also shares a much needed optimistic message that the best companies will survive and thrive through this extended rough patch.
Many thanks to Colin for joining us and sharing his unique insight!
Connect with Colin:
LinkedIn - https://www.linkedin.com/in/usccolin/
Sharp Capital Website - https://www.sharpca.com/
#165 - What's the Next Catalyst for Cannabis? (ft. Everett Knight of Valens)
In this episode we are joined by Everett Knight, EVP of the Valens Company. Valens was recently acquired by SNDL. Everett has a unique position in the industry - he has been involved with cannabis operations for years but previous to that he was a small cap portfolio manager. In this episdoe we discuss the good, bad and ugly of markets, cannabis and investing opportunities.
- What does Bank Fallout mean for Cannabis?
- Is there more pain ahead?
- What are Investors asking about?
- Is there any hope for Canada or California?
- Eyes on Germany Legalization
- Delta8 potentially being banned
Thanks to Ev for joining us for a great chat!
Connect with Everett On Linkedin - https://www.linkedin.com/in/everett-knight-cfa-54574759/https://www.linkedin.com/in/everett-knight-cfa-54574759/
#164 - Delta 8: Threat or Opportunity? (ft. Bethany Gomez of Brightfield Group)
In this episode we are joined by Bethany Gomez, Managing Director at Brightfield Group. As a leading consumer insights company in the cannabis space, Brightfield Group is uniquely positioned to discuss cannabis consumption trends and how they are evolving over time. They've written many white papers which are available for free at their website below.
In this episode we discuss:
- How big is Delta 8 and associated products?
- Should investors and operators be worried about D8?
- Are consumers in legal markets still buying hemp derived THC?
- How are brands in cannabis succeeding?
- What can MSOs do to stand out across markets?
Thanks to Bethany for joining and sharing her insights with us!
Contact Bethany:
On LinkedIn - https://www.linkedin.com/in/bethanymurphygomez/
Brightfield Group Whitepapers - https://www.brightfieldgroup.com/resources
#163 - Disrupting Investor Psychology - Feb 2023 Market Update
In this wide reaching market update we discuss macro, being cautious on the market, AYR selling assets, Canopy layoffs, Shopify and what it will take to change consumer and investor mentality.
Some stories discussed:
#162 - 5 Key Things To Watch in 2023
In this episode we identify 5 key things all cannabis investors should be keeping an eye on in 2023
Links Mentioned:
Eric Johnston @ Cantor Interview on SPY Downside - https://www.realvision.com/shows/daily-briefing/videos/when-will-the-green-shoots-narrative-end-Alne?tab=details
#161 - Where's the Opportunity in Cannabis? (ft. Scott Grossman of Turning Point Brands)
In this episode we are joined by Scott Grossman of Turning Point Brands (TPB on the NYSE). Scott has extensive experience in private and public markets and is Head of Corporate Development for TPB. Turning Point has a unique position in our industry as they control the ZigZag brand and have made numerous investments across the cannabis supply chain.
Scott joins us to discuss:
- Sifting thru the rubble & Investing in a "bombed out" sector
- Should cannabis investors give up?
- Where are the best opportunities in cannabis?
- What are the best valuation metrics to pay attention to?
- Publics vs Privates
- How Macro could weigh on capital markets
- The Long Game: thinking about how "the end state" of cannabis will look
Follow Scott on Twitter @ https://twitter.com/srg444
#160 - New Lows: How Did We Get Here?
In our first episode of the new year we explore the brutal price breakdown in December and ask ourselves - how did we get here? What went wrong? What can we learn and do differently? We also share thoughts about investing and opportunities for 2023
Happy 2023!
#159 - Part 2: Financial Review of the Big 5 MSOs (ft. Nick Gastevich aka CannaVestments)
In a continuation of last week's episode we are back with Nick Gastevich (aka CannaVestments) to finish off our analysis of the big 5 MSOs.
In this episode we discuss:
- Listener Question: Where are the new buyers going to come from?
- General thoughts on industry trends
- Financial Analysis of our Final 2 MSOs
- Final thoughts on the industry and 2023
Thanks to Nick for another great review to close out 2022. See you all in the new year!
Connect with Nick:
Twitter - https://twitter.com/CannaVestments
LinkedIn - https://www.linkedin.com/in/nicholas-gastevich-75841346/
Family Office Website - https://www.vginvests.com/
#158 - Q2 + Q3 2022 Financial Review of the Big 5 MSOs (ft. Nick Gastevich aka CannaVestments)
In this long awaited episode we are joined by our friend Nick Gastevich (aka CannaVestments) who is a long time private and public cannabis investor.
In Part 1 of this review we cover:
- General thoughts on Cannabis Earnings
- Concerns on cashflow and capital requirements
- Thoughts on 3 MSOs; valuations; financial metrics; balancing positives and negatives
Thanks to Nick for joining us and see Part 2 of this conversation next week!
Connect with Nick:
Twitter - https://twitter.com/CannaVestments
LinkedIn - https://www.linkedin.com/in/nicholas-gastevich-75841346/
Family Office Website - https://www.vginvests.com/
#157 - Capital Flows in Cannabis & SAFE Banking (ft. Sayshu of MM Fund)
In this episode we are joined by Sayshu who has extensive experience in private and public markets.
We discuss how capital flows impact valuations, funding and investor mentality across all sectors with a particular focus on how SAFE Banking may benefit cannabis in the short and long run.
Thanks to Sayshu for joining us and sharing his insight
Follow Sayshu on Twitter - https://twitter.com/sayshu_mm
#156 - All or Nothing for SAFE Banking & Post Election Discussion
In this episode we are discussing all things political & SAFE Banking
- Election Results and what this means for Cannabis
- SAFE Banking in Lame Duck
- Broader Market predictions for 2023
- Strategies around SAFE and risk management
#155 - Germany vs US Cannabis Investing (ft. Will Muecke, Co-Founder of Artemis Growth Partners)
In this episode we are joined by Will Muecke who is Co-Founder and Managing Member at Artemis Growth Partners.
Artemis Growth Partners is one of the largest and most active private investors in cannabis with $350M+ under management exclusively in cannabis.
Will and his team have invested throughout the cannabis value chain including MSOs, Brands and producers in Europe.
In this episode:
- Getting started in Cannabis: Will's personal connection to the medical market
- Early Deals: Green Thumb (GTI), Lord Jones, Clever Leaves and more
- What does Artemis look for in Cannabis Investments?
- Germany: Deep Dive into proposed regulations and opportunities
- Capital Markets and the first German Cannabis Pubco
- US Cannabis Investing: What are the most interesting opportunities?
- Some of Artemis' Favourite Cannabis Companies
Thanks to Will for joining us!
Connect w/ Will:
Website: www.artemisgrowth.com
LinkedIn (corporate): https://www.linkedin.com/company/artemisgrowth/
LinkedIn (personal): https://www.linkedin.com/in/wmuecke
#154 - Election Day 2022 - Cannabis, Politics & Regulators
Happy Election Day! In this episode we discuss recent deals, what we're watching for in the Midterms and how Cannabis & Tech are affected by changing attitudes of Regulators.
Topics Covered:
1. P Diddy & Cresco Labs Deal
2. Key Election Ballots & Races to Watch
3. Elon Musk, Twitter & Verano + Vireo
4. Secular Rotation out of Technology
Video - Cramer Melting down re: META - https://www.youtube.com/watch?v=Er_9ZjiJD5Y&ab_channel=CNBCTelevision
5. Canopy Growth USA
Thread re: is this a new mechanism? - https://twitter.com/LogicPrevails_/status/1585288412671737857
6. Germany's Legalization Plans
7. Macro Theory - Labour <> Housing <> Consumer Spending
#153 - Big Upside Ahead from Biden's Cannabis Actions - Oct 2022 Market Update
In this jam packed episode we catch up on several key developments in the sector and share why we think US Cannabis has re-rated upwards into 2024 (but also discuss the challenges we face in getting there). We also make several predictions about the future of the industry.
We Discuss:
1. Biden's Executive Actions
- Why did he do this and what it means for the future
- 2024 Predictions for further actions
- How this changes the calculus for other politicians
- Booker, Schumer & SAFE Banking
Link: Politico Spaces on Rescheduling - https://twitter.com/i/spaces/1vOxwMLjgOgGB?s=20
2. Green Thumb & Circle K
- What this deal means for the industry
- How Biden's actions paved the way for this deal
- What's next?
- Is the deal happening?
3. The Road to 2024
- Challenging fundamentals, sentiment & macro
- Comparisons to the down cycle of late 2019
- Predictions for how big brands and US companies will get involved
#152 - Can Cannabis Stocks Breakout? (ft. Charting Man Dan of The Chart Guys)
In this episode we are joined by a special guest who brings a technical perspective. Charting Man Dan of The Chart Guys is a well known cannabis personality who specializes in technical analysis and chart reading. Dan is a veteran cannabis trader but also regularly trades broader indices and crypto.
Dan is a wealth of honest information and brings an unbiased perspective on the charts.
In this episode we discuss:
- What does Biden's executive action mean for the market?
- How can Cannabis Stocks break their current slump?
- Supply & Demand
- Where are we and how can we change that?
Thanks to Dan for joining us and sharing his perspective. Please check out his links below for great free content
Follow Dan / The Chart Guys
On Twitter: https://twitter.com/ChartGuys
The Chart Guys on Youtube: https://www.youtube.com/channel/UCnqZ2hx679DqRi6khRUNw2g
Free Intro to TA course: https://www.chartguys.com/trading-courses/7/technical-analysis
#151 - What's the Right Price for Cannabis Stocks?
In a follow up to last week's bleak outlook on the industry we discuss thoughts on valuing the cannabis industry.
Some key topics discussed:
1. Fundamentals - how the headwinds of price compression make it difficult to value companies
2. Macro Factors - we are still negative but hearing some interesting mixed signals
- Video Mentioned: Eric Johnston of Cantor on CNBC
3. Federal Legislative - the difficult of predicting SAFE+
- Video Mentioned: Cory Booker on SAFE Banking
#150 - What's Next for Weed Stocks?
In this episode we dig deep into the fundamentals and narrative surrounding the industry, analyzing the past and making some somber predictions for the future.
We break our discussion into several parts:
1. History - how we got here and what we learned
2. The Transitional Phase we are currently in
3. Looking Forward - how we see the industry progressing from here
We look at cannabis fundamentals in relation to capital availability, macro conditions and supply side considerations.
#149 - When to Sell? (ft. Sayshu of MM Fund)
We are back! In this post-summer episode we discuss a topic that's often missing in investing discussions - when to sell your stocks. We discuss a recent loss and how it influenced thinking about cutting your losses. We view this topic through the lens of Macro, Sector and Company analysis. Thanks to Sayshu for joining us for a great conversation.
Follow Sayshu on Twitter - https://twitter.com/sayshu_mm
#148 - Stay Skeptical - Aug 2022 Market Update
We're back! In this market update we cover a wide variety of topics including:
- Broader Market Rally (or headfake?) (Recession meme link)
- Consumer Spending & Inflation
- Short term market strategy
- Cannabis Q2 earnings
- SAFE Banking and Political Winds shifting
- Brittney Griner and Biden's Hypocrisy
- Florida Rec 2024 Campaign
#147 - Q4 + Q1 Financial Review of the Big 5 MSOs (ft. Nick Gastevich aka CannaVestments)
We're back with a double stacked episode! Our good friend Nick Gastevich joins us for the Q4 2021 + Q1 2022 quarterly review of all the big 5 MSOs.
We discuss the overall cannabis market then dive into quarterly results plus strengths of weaknesses of each company and analysis of which is the most attractive at today's prices.
We also discuss how well positioned each of these companies is for the current phase of our industry and where we see them going in the future.
Thanks to Nick for another great and extensive review
Connect with Nick:
Twitter - https://twitter.com/CannaVestments
LinkedIn - https://www.linkedin.com/in/nicholas-gastevich-75841346/
Family Office Website - https://www.vginvests.com/
#146 - Markets in Price Re-Discovery Mode
In this episode the boys are back to discuss the macro picture, interest rates, inflation and the importance of recalibrating expectations. We discuss strategy, outlook and why we think cannabis is actually looking pretty good in comparison to other parts of the market.
#145 - Trulieve: Scale, Efficiency & Customer Obsession (ft. Kim Rivers, CEO of Trulieve Cannabis)
In this episode we are joined by Kim Rivers who is CEO, Founder and Chair of Trulieve Cannabis Corp. Kim is one of the industry's most well known and respected executives. She has deep operational knowledge and a keen eye for detail.
In this episode we discuss:
- Doubling Down in Florida since 2019: what others missed
- Customer Obsessed: How data drives high per store sales
- The importance of Scale
- Operations: What is Trulieve doing differently?
- 2 big limiting factors in Cultivation Construction
- Using automation to drive efficiency and stay flexible
- Investments in robotics to “bring the plant to the worker”
- Florida Adult Use: how big could the market be?
- Milestones to getting rec on the 2024 ballot
- Divestitures, Convertibles & Warrants…how to spot a shakeout
- M&A: How Trulieve is positioned for the future
A big thank you to Kim for joining us for a highly informative chat.
Follow Kim on Twitter: https://twitter.com/rivers_kim
#144 - Finding Value in Cannabis Stocks (ft. Whitney Tilson of Empire Research)
Whitney Tilson is a well known value investor with a long and varied past in financial markets. He joins us to discuss markets, value investing and how he got interested in cannabis stocks.
We discuss:
- How Whitney got started in investing
- Being a Late 1990's "Bull Market Genius"
- How that Bull Run compares to Today's
- Getting religion by learning about Buffett and Value Investing
- The Ups and Downs of starting his own hedge fund
- Market Timing: Indicators that Whitney looks for
- What attracted Whitney to the Cannabis Sector
- How the current rout in Cannabis compares to Tech in 2000
- The 3 things Whitney looks for in a winning company
Thanks to Whitney for joining us for this fun and wide ranging discussion
Sign Up for Whitney's Free Newsletter:
https://empirefinancialresearch.com/newsletters/whitney-tilson-daily
Follow Whitney on Twitter: