Cannabis Investing Network

Correction - Chris mentions Hexo/Truss drinks in the US containing THC. This is an error - these drinks are CBD only. We are joined by a special guest, Chris Murray.  Chris is a veteran in the cannabis sector.  He was employee number 7 at Canopy Growth, which was the first Canadian LP to go public on the TSX and NASDAQ and was dubbed the first unicorn in the cannabis sector.  &...

In this episode we dive deep into the state of the cannabis retail market in Florida. Florida has long been one of our favourite markets. Today's guest was on the forefront of the Florida market from a different side of the table. As a real estate developer focused on Florida retail, cannabis operators came onto Randy's radar. He helped these companies rapidly grow their retail footprint over the...

In this episode we are joined by the leading cannabis analyst Alan Brochstein. Alan is known for being the sheriff of the wild west of cannabis and applying his deep analytical insights in the cannabis industry.  He is founder of New Cannabis Ventures and shares his insights as "the maven" of 420investor. Alan regularly helps us form our opinions on the cannabis space and helps investors make...

In this episode we unpack last week's interview with Boris Jordan and review in-depth some of the interesting points he raised.  We also do a deeper dive into the Trulieve - Harvest merger and share our thoughts on why it's a true value play and what Kim may be hoping to achieve post-integration.

In this jam-packed episode Boris Jordan joins us in an extremely candid conversation about Curaleaf Holdings. Boris is founder and Executive Chairman of Curaleaf Holdings and is one of the industry's most recognized faces. He is also a prolific cannabis investor having invested over $400M of hard cash into Curaleaf and more into other private cannabis opportunities.  In this wide ranging disc...

We are joined with a friend of the podcast, Pat Smith, former sell side analyst on Bay St.   In this episode we cover a broad range of topics including how investors are switching from simply reading headlines to analyzing fundamentals and why cannabis continues to be a value play.   We discuss how the broader markets are impacting our sector, as well touch on how crypto, gold, bond yiel...

Note: there is an echo in the audio if you listen using headphones; it goes away if you listen through a speaker. Sorry about that, new audio set up this time! In this episode we talk about watching your back! Cannabis investing is buyer beware and investors should always be thinking about mitigating their downside risk. We discuss our personal viewpoints, investment philosophies and trading tacti...

In this episode we share our thoughts on the market before answering listener questions - Back to future: how our current pullback is eerily reminiscent of 2019 - Comparisons to crypto, psychedelics and other speculative asset classes - Legalization let down: why investors shouldn't be discouraged Listener Questions: - What do we think about the MSOS ETF?  - Show new investors be worried if c...

Buckle up boys and girls - in this epic episode we have the one and only CannaVestments (Nick Gastevich) joining us for a deep dive into the big 5 MSOs (now including Verano). In this episode we discuss - Overall thoughts on the market and having a long term focus - Core markets for each of the big 5 - Financial performance for Q4 and 2020 - Where the majority of profits are being generated today...

Story time! In this episode we get nostalgic and share our experiences of the ups and downs of cannabis investing from 2017-2019.  In what was truly the boom and bust of speculative cannabis investing we learned some hard lessons which can be instructive for newer investors. In this episode: - Starting with a bang in 2017 with Canopy and Aphria - Investing in a company at 30c and hitting a 20...

In this episode we dive into the psychology behind the sharp pullback our sector has seen and we ask - what are cannabis investors so afraid of? Agenda: - Common Retail Mistakes that we see taking place - The Momentum Trade dying down and what this means - New York Legalizes! What this means for the industry  - SAFE and Legalization Talks - GTI and the Crisis of Confidence - What we were scar...

We are joined by a special guest, Manuj Grover from Aim Gro Consulting.  Manuj has over 20 years of experience in finance and has helped many private Cannabis companies gain access to US and Canadian investors via Regulation A (Reg A) raises, the most recent being Gage Cannabis. In this episode we cover Reg A raises, one of the many ways for retail investors to participate in p...

In this episode we delve deep into the mind of mysterious "retail investor". Since cannabis is a retail dominated market it is important to understand how this impacts volatility and the opportunities it creates. We cover 3 main topics: 1. Who is Retail? What constitutes Retail vs Institutional? 2. What are the most common mistakes retail investors make? 3. How can we avoid making these mistakes?

In this episode we delve into the importance of digging deep into potential cannabis investments We discuss: - Why its important to do due diligence (DD) before investing - Setting clear goals of what you hope to achieve - How DD should help your understanding of the business and the operators - What to look for in potential deals - Where to look (public and private) - Resources provided by the co...

Following up on last week's volatility cannabis investors are left asking - what now? In this episode we share our core thesis of buying weakness in US cannabis names (selectively and at the right valuations). However, we debate both sides of buying now vs waiting for more pain. In this market update: - Where are we now? - Why rising bond yields matter and what cannabis investors should know - How...

In this episode we talk about how rattling it can feel to see large pullbacks in the broader market leading to wilder swings in the cannabis markets. As we lived through this last week we ask - how do we prepare ourselves mentality for this volatility?  - What happened last week? Understanding why the 10 year bond rate matters - Human psychology: why is loss felt more acutely than gain? - Wha...

We are joined by a special guest, Todd Harrison, who is the founding Partner and Chief Investment Officer of CB1 Capital. Todd is also an advisor for the prolific big board listed ETF MSOS which now has over $1B in assets. Todd is a seasoned professional who has over +30 years on Wall Street managing risk and researching financial market strategies. Todd is also quickly becoming one of the "go-to"...

In this episode we dissect how we think about Growth vs Value investing. While the market divides companies and investors into two separate camps they don’t need to be. Once in a while an opportunity comes along that gives us the chance to experience high growth at value prices! US Cannabis is that golden opportunity. Topics Covered: - Why Warren Buffett’s way of investing doesn’t work for everyon...

As Canadian LPs like Tilray and Canopy enjoy historic runs (along with MSOs) we find ourselves asking - what now? Should we be taking chips off the table or holding strong? In this episode we discuss: - What we think is causing the parabolic run - The WallStreetBets / $GME effect coming to the cannabis industry - Short squeeze in full effect - Warning signs / red flags - Unusual trading activity o...

In this episode we delve into an issue that has become an absolute obsession of ours - GameStop. This story is the intersection of the stock market, retail investors and social media. Since cannabis is a retail dominated industry with a heavy presence on reddit, we can draw some great parallels to what we are seeing play out. There are many lessons to be learned here as our community is very likel...

We are joined by a special guest, Andrew Semple from Echelon Wealth Partners.  Andrew was recently highlighted as the top performing analyst on Bay St by the Globe and Mail.  He's a fundamental investor at heart and finds value in growth stocks. In this episode we cover a unique arbitrage opportunity in Canadian dispensaries and take a closer look at select US MSO's and states that have...

In this episode we are joined by seasoned cannabis investor and all around gentleman Nick Gastevich (known online as CannaVestments). You can find Nick on linkedin @ https://www.linkedin.com/in/nicholas-gastevich-75841346/ or see his family office website @ https://www.vginvests.com/ The 4 “next tier” MSOs we cover are: 1) Columbia Care 2) AYR Strategies 3) TerrAscend 4) Jushi We discuss: - Why it...

After an extremely positive start to 2021 we find ourselves asking - should we be excited for what's ahead or nervous of the recent rally we've had? In this episode we discuss: - The democrats winning both senate seats and flipping the senate - The state of the market: should investors be worried by the speculation? - How investors are moving from "the middle to the edges" across the market - What...

In this episode we have some fun and share forecasts and ideas for what we expect to see in 2021 1) Multiple Ways to Win - there will be many different wants for companies and investors to profit in the new year 2) 2021 will be the "Year of Catalysts" - Potential for new states like New York to flip to rec (also RI, CT, NM, VA) - Markets transitioning to adult-use: AZ & NJ - Existing mark...

In this episode we reflect on what we've learned in 2020, why it is important and how we plan to improve our game going into 2021. Happy new year everyone! Discussed in this episode: - Humility: how this year humbled us and taught us that "no one knows" - How 2020 was a break out year for cannabis - What would we have done differently? - Things change quickly - how perception (and reality) shifted...