- Mapping out the supply chain from start to finish

- How the supply chain varies in the US vs Canada

- Why it's important for investors to understand the supply chain

- Specialization vs Vertical Integration

- LPs / Cultivators: Issues they will face going forward

- Exraction / Processing: Why we are bullish for the future 

- Distribution: Canada vs US

- Retail & Dispensaries: Vegas vs Toronto

In this episode we cover investing basics:

- What is an index (eg. TSX, Dow Jones, S&P 500)?

- ETF: Basket of stocks typically reflecting a particular sector

- Be careful with ETFs and HMMJ

- Hedge Funds vs Mutual Funds

- Actively Managed vs Passively Managed Funds

- Management Expense Ratio (MER)

- Price to Earnings (P/E) Ratio

- Value vs Growth: Low P/E vs High P/E stocks

- Picking a P/E multiplier - Why its so important

- Trailing P/E vs Forward P/E

- Defining EV and EBITDA

- EV: Market Cap - Cash + Debt

- EBITDA: Earnings before Interest, Tax, Depreciation & Amortization

- EV / EBITDA Ratio - what it is and why it's important

- EV/EBITDA vs P/E Ratios - taking debt into consideration

In This Episode:

- "Creating Value is not enough..." - Peter Thiel

- 4 Reasons Why A Good Product may do poorly as an investment

- 1) Being out of favour with the capital markets / institutional capital

- 2) The company can be overvalued, even if the prodcut is good

- 3) Company Profit and Share Price don't always move together

- 4) A weak and expanding Cap Table can cause issues

- Relating cannabis companies to your favourite restaurant

In this episode:

- What is FOMO and why does it matter

- How Manish got FOMO from the Raptors Championship

- Is FOMO Unique to Millennials?

- Fear vs Greed: Which is more powerful?

- Equities vs Fixed Income

- Shifting investor mindset to longterm value

- What we could learn from Bitcoin

- Why Cannabis is different than Bitcoin

- What happens when markets are moving up & moving down

- Creating Systems which allow you to make good investing decisions

In this market update:

- How's the Marijuana Stock Index doing?

- Broad Strokes: What caused a heavy downturn

- Starting with CannTrust non-compliance

- US DOJ Anti-trust concerns delaying mergers

- Fed rate cute; Broader market sell-off

- Some good news from Medipharm, Cresco, Trulieve and general US progress

- Are we heading into a recession?

- How Canopy Growth headlines overshadowed everyone

- Why Canopy didn't really lose $1.2B in one quarter

- Why Manish is buying Village Farms (VFF)

- How large Canadian LPs will compete globally

- What companies to buy if we're heading into a recession

- How would cannabis behave in a recession?

In this episode we debate buying your weed from a dispensary: here to last or just a fad?

- The argument for why consumers will buy weed online instead of in person

- Why dispensaries are important in capturing consumers

- How dispensaries act as a bridge between black market and mainstream

- Do people enjoy the dispensary retail experience? Will they continue to visit once the initial fad fades?

- How important is the budtender?

- Will consumers trust the dispensary? Or will they rely on online and word of mouth

- Lessons learned from Planet13's location in Vegas

- How dispensaries will be invaluable to cannabis brands

  Deepdive on Valuations:

- Valuation = Earnings x Earnings Multiplier (AKA PE)

- Choosing an Earnings Multiplier

- Thinking about Risk

- Risk in real estate vs in stocks

- Risk free rate

- Interest Rates are like gravity in the investing world

- Why Abi looks at the cap table/valuation first

- Using comparables to judge relative valuation

- Valuations of Canadian Companies vs US Companies

In this Market Update:

- Turmoil in the broader equity markets

- US 10 year treasury hits 1.6% - why that matters

- Flight to Safety (and out of Cannabis)

- Are we heading into a recession?

- Recessions vs Bear Markets

- What does that mean for businesses and investors?

- What does that mean for Cannabis Investing?

- How Big Cannabis Players can dominate in a recession

- Silver Lining: How Cannabis could outperform in a recession

- Catch us at the Benzinga Conference in Detroit this week!

- The fundamentals of investing in Cannabis companies

- Buying a company vs buying a stock

- Evaluating a company's valuation; why Abi reads the Cap Table FIRST

- Importance of patience and long term focus

- Risks involved in venture investing

- The art of a picking a winner

Next episode: Buy companies not stocks

PACKED market update including:

- Huge earnings from Aphria and why you should dig deeper into the revenue breakdown

- Strategic investments from Couche-Tard & Imperial Brands (for Fire & Flower and Auxly)

- Curaleaf's CVS deal gets pulled after FDA warning letter

- Is Manish buying or selling Curaleaf?

- More CannTrust drama

- Beyond Meat raising $650M USD and why it matters

- How Beyond Meat's business strategy relates to Cannabis

Next episode: How to invest in weed stocks 101