The Cannabis Investing Podcast

Seeking Alpha authors James V. Baker and Julian Lin return for our Master Class 3 after bringing so many cannabis investors so much insight and profit in episodes one and two. We catch up about their investing styles, where they think we are in the valuation cycle, what the developing legalization picture means for multi-state operators and investors and what stocks look strong. Learn more about y...

'We think a lot about cost of capital. Access to capital at low cost.' - Green Thumb CEO Ben Kovler, who joins Rena to discuss strong gross margin, net income profitability and free cash flow generation despite onerous cannabis tax regulations. Common-sense approach to cannabis winning out. Massive consumer demand. US consumed with cannacuriosity. Being ready for but not dependant on the next phas...

Glass House Group going public via Mercer Park SPAC. President and Co-Founder Graham Farrar joins us to talk consolidating California cannabis. Brand, product focused and control of the shelf space - consistently EBITDA positive, California's mature and immature market. Supply agreement with The Parent Company, plans for expansion; the Casamigos of cannabis. Learn more about your ad choices. Visit...

As the cannabis community has grown into an industry it's imperative we don't lose track of who and what got us here so today we launch a new Legacy series of the podcast where I talk to people coming from the legacy side of cannabis, way back before the Green Rush started. In Jimmy's own words: "Sometimes when prayers are answered they don’t get answered exactly as you expected.  I think the law...

Are investors ready for the next leg of cannabis legalization and what it does to cannabis companies? That's a question asked by Mike Regan and Colin Ferrian who run MJResearchCo, which provides rigorous investment analysis of the legal cannabis industry. We also discuss the Trulieve/Harvest deal, various players set on dominating California, and what makes a strong operator. Learn more about your...

Agrify is a developer of grow solutions for indoor agriculture, primarily for the cannabis market. CEO Raymond Chang joins Rena to discuss why indoor vertical farming will change the industry. CPG as the future of cannabis. Driving science, data and consistency. Importance of genetics and grow environment. Proprietary measures around design and safety. Building cannabis insight. Learn more about y...

California is perhaps the most attractive cannabis market and certainly the most mature so it's no doubt strong players are interested. Matt Hawkins, founder of Entourage Effect Capital, recently came on as Chairman of Harborside, a legacy California company. Goal of being the best single state operator, moving on from fights with IRS, and confident about banking. Learn more about your ad choices....

Red White and Bloom CEO Brad Rogers talks aggressive strategy after being 5 years late to the cannabis game. Establishing presence in the US with strong brands in compelling states. Canadian players without a US strategy will be left behind. US MSOs building formidable moat. Learn more about your ad choices. Visit megaphone.fm/adchoices

MariMed is a vertically integrated multi state cannabis operator. CEO Bob Fireman joins Rena Sherbill to discuss why he thinks they're undervalued. Giving guidance, changing messaging and cleaning up balance sheet from previous debt. Full legalization and uplisting closer but still far off - that's the game changing moment. Protecting the creators of the industry, not wanting to become one of the...

Vireo Health founder and CEO Dr. Kyle Kingsley returns to the show to talk huge opportunity in US as Arizona, New Mexico and New York legalize adult use cannabis. Legalization doesn't automatically improve your business unless you can scale on operational excellence. Compelling potential in Resurgent Biosciences - Vireo's IP business. Being on the path to profitability. Learn more about your ad ch...

Happy 4/20! To celebrate, we're joined by Kaelan Castetter and Allan Gandelman, who played an integral part in New York legalizing cannabis. The key to true social equity and why limited licenses stifle innovation and create an unequitable marketplace. Very bullish on non-psychoactive cannabinoids. Hemp for industrial use probably has the highest ceiling. Learn more about your ad choices. Visit me...

The cannabis industry as it stands today is 5% of what it's going to be - so says Jay Czarkowski, Founding Partner at Canna Advisors. Chasing competitive licenses, opportunities in MORE Act, MSOs primed to succeed, as well as some under the radar companies. Companies likely to be acquired, example of why management is the most essential thing when evaluating a company. Learn more about your ad cho...

Kellen O'Keefe, CEO at Flower One joins Rena Sherbill to discuss his journey from MedMen, what he's learned along the way and what he's excited about in Nevada. Building valuable corporate governance. Management changes throughout the cannabis industry, moving from license acquirers and expanders to strategic operators. MSOs building their advantage through evolving legalization. Inter-state comme...

Why aren't US cannabis stocks reflecting more fundamental bullish developments? CNBC's Tim Seymour joins Rena Sherbill to discuss this and his actively managed ETF, CNBS. Top line revenue will be very robust this year. SAFE Banking and waiting to hear what happens in Texas. Cannabis coverage on CNBC, understanding US and Canadian opportunities. It's about finding the companies building the foundat...

Jushi Holdings CEO Jim Cacioppo discusses managing growth and taking a leap in the US cannabis industry. Growing strategically and avoiding pitfalls of cannabis industry; good management is essential. Volatility in the market. Picking the right company in cannabis after many got it wrong, advantages of being an MSO. Learn more about your ad choices. Visit megaphone.fm/adchoices

Chris Driessen, CEO at SLANG Worldwide talks about being focused on the tremendous opportunity in US cannabis. Speaking the language of CPG, reliance on data, consumer analytics. Small nuance in between markets, but largely same series of events. Share price volatility. Growth in enterprise value and clever consolidation. Learn more about your ad choices. Visit megaphone.fm/adchoices

Kimberly Bambach is CFO at Jushi Holdings, a growing US multi state operator with a strong capital market background. Pursuing accretive acquisitions, targeted approaches, raising debt for scale and growth. Overwhelming competence as currency, raising guidance, plans for new and existing markets in the US. Learn more about your ad choices. Visit megaphone.fm/adchoices

Supreme Cannabis is a promising turnaround story out of Canada, thanks in large part to its CEO, Beena Goldenberg. Delivering sustainable profitability, driving revenues and the developing Canadian retail picture. Being a role model for women executives and thoughts on the global cannabis landscape. Learn more about your ad choices. Visit megaphone.fm/adchoices

Celebrating International Women's Day with Alisia Ratliff, Scientist and CEO of Victus Capital Ventures. A frank conversation about the frustrations of being the only woman in the board room; the push to keep evolving and starting Victus with her husband Chris. Leading with science and data. Building awareness and strategic change. Loving extraction and new cannabinoids coming online. The stress o...

Australis Capital CFO Jon Paul joins Rena Sherbill to discuss closing its acquisitions and why coming on board was a bet on CEO Terry Booth. How MSOs will rationalize over time and optimism on banking opening up. IPOs, SPACs and why the FDA needs to provide more certainty on CBD. Learn more about your ad choices. Visit megaphone.fm/adchoices

Indus' George Allen returns to the show to announce its exciting new deal with Lowell Herb. Consolidation is the name of the game in cannabis - this isn't the last deal they'll do but the one they always wanted to do. Playing the value game, Lowell is at the top of sought after brands, doesn't have to fight for shelf space. High quality flower, moving away from concealing cannabis - invites the ma...

Logistics are an essential part of cannabis, but it's an area where people aren't looking. Yoram Eshel led supply chain and logistics at Teva and now runs Cannabilog, an Israeli company that closes the gap between growing, manufacturing and supply chain/logistics management. There are new and more elaborate regulations around ever evolving innovations in medical cannabis and there's a big gap in m...

Michael Auerbach returns to discuss Subversive's recent deal with leading Israel cannabis company, InterCure and gives an update on The Parent Company. Why Subversive pivoted from a REIT to a SPAC, Canndoc's compelling financials, brands and trading on Nasdaq. Opportunity in GRAMF and other US players still trading at a discount. Learn more about your ad choices. Visit megaphone.fm/adchoices

SPAC Week II continues with Chris DeMuth Jr, Seeking Alpha Marketplace author and SPAC superstar. He discusses SPACs in general, cannabis SPACs in particular and his favorites with Rena Sherbill. What to look for in a SPAC, trading vs investing and why Chris likes Aphria and Canada. Learn more about your ad choices. Visit megaphone.fm/adchoices

SPAC Week returns with Joe Crouthers, Co-Founder and CEO of Ceres Group Holdings, who discusses with Rena Sherbill why they're focused on the plant-touching side of the sector. Tying cannabis into traditional business. SPACs more collaborative and less adversarial than traditional IPOs. What was irrational exuberance is now based on strong business foundations. The consumerification of cannabis. L...