Midas Letter

Ayr Strategies (CNSX:AYR.A) CEO John Sandelman joined Midas Letter to discuss the company’s robust Q4 financial results and the reason the results set them apart from other multi-state operator’s (MSO’s). Ayr Strategies are cash flow positive reporting a record quarterly revenue of $32.3 million. In December of 2017, the company was the first Special-purpose acquisition company (SPAC) in the cannabis industry. SPAC’s allow public stock market investors to invest in private equity, which allowed Ayr to raise money to acquire companies. The goal using this strategy is to acquire best-in-class assets in the various markets they operate within, currently Massachusetts and Nevada. Watch the full interview to learn more about Ayr’s positive EBITDA & cash flow strategy.

Original article: Ayr Strategies (CNSX:AYR.A) Cash Flow Positive with Fully Funded Growth Strategy©2020 Midas Letter. All Rights Reserved.

Wealthpress Head Trader Roger Scott joins Midas Letter to discuss what is driving volatility in the market today and why it presents opportunities to traders. Although there are definite catalysts for such market moves such as the CoronaVirus, Roger has seen this coming based on a variety of technicals and fundamentals. The Head Trader provides his expert opinion on underlying economic data and believes we are not even close to the FED lowering rates. Watch the entire interview to find out why Mr. Scott believes things couldn’t be better in the market right now for traders.

Original article: Why Recent Market Correction is a Blessing in Disguise©2020 Midas Letter. All Rights Reserved.

StoneCastle Investment Management President & Portfolio Manager Bruce Campbell joined Midas Letter to discuss the decrease in Canadian beer sales and questions whether cannabis is the root cause. StoneCastle and Mr. Campbell actively manage the STONECASTLE CANNABIS GROWTH FUND which invests primarily in equity securities which derive a meaningful portion of their revenue from the cannabis or related industries. The Portfolio Manager extrapolates that the potential size of the Canadian cannabis market will hit range of $10 billion to $11 billion as more stores and locations open across the country. Watch the entire interview to hear Mr. Campbells opinion on more cannabis market related subjects such as the HMMJ and HMUS ETFs merger and BC Budtenders unionizing.

Original article: Is Cannabis the Reason Behind Drop in Beer Sales?©2020 Midas Letter. All Rights Reserved.

420Investor and New Cannabis Ventures Founder Alan Brochstein joins James West to discuss the direction of the public cannabis market halfway through the first quarter of 2020. The pair discuss the driving force for the downturn in both US stocks and Canadian large and small cap weed stocks. Mr. Brochstein gives his opinion on HMJUS ETF absorbing HMMJ Horizons ETF and the noble idea of having one investment represent the entire sector. The CFA believes “the main problem, I think, has been anybody that wants to invest in the sector should want to have at least some of their exposure in the United States, and it’s really hard for these ETFs to get that done.” Watch the full interview to also hear Alan’s thoughts on the future of US multi-state operators (MSO’s).

Original article: Is there a Viable Way to Play the Entire Cannabis Sector?©2020 Midas Letter. All Rights Reserved.

Future of Wealth Head Trader Lance Ippalito joins Midas Letter to discuss what he’s trading in today’s market conditions. With the number of reported Coronavirus cases outside mainland China increasing, further evidence suggesting an impact on global supply chains and general pandemic fears – the market’s have been pretty volatile. With rotations out of the big tech stocks like Apple, Facebook, Microsoft, Lance has found success in other smaller names and is also looking into certain cannabis companies. This Head Trader has found correlations between political events in the USA to weed stock names. Watch the full interview to find out more on Lance’s trading philosophies and trades he is profiting from.

Original article: Cannabis Market Takes ‘Crazy Bid To The Upside’©2020 Midas Letter. All Rights Reserved.

Poseidon Asset Management Managing Partner Morgan Paxhia joins Midas Letter to discuss the longest-running cannabis fund in the market today. The company’s funds focus on the emerging cannabis and industrial hemp industry – currently with over $150 million of assets under management. The Managing Partner outlines the companies with the greatest potential in America and Canada with a large focus towards ancillary services. Watch the entire interview to learn more about how Poseidon have become considered a leader and trusted industry insiders within the cannabis industry.

Original article: Longest Running Cannabis Fund In The Market Today©2020 Midas Letter. All Rights Reserved.

CEO of Wolf Street Corp. and the editor-in-chief at wolfstreet.com Wolf Richter joins Midas Letter to discuss The Federal Reserve System, market manipulation and taking price discovery out of the bond market. Wolf describes how the FED set market rates and the central banking systems motives with Quantitative Easing. Watch the entire interview for the Wolf’s expert opinion and all the implications to the broader economy from FED decision making.

Original article: The FED Policy Expert: Wolf Richter©2020 Midas Letter. All Rights Reserved.

Wealthpress Head Trader Roger Scott joins Midas Letter to discuss the deluge of testimonials he’s been receiving from his subscribers speaking to how he has helped them profit big in today’s market. Roger provides services related to swing trading, day trading, and options trading for all levels of active investors and traders. The Wealthpress Head Trader outlines where most of his profits were made this quarter and his roadmap strategy – with entry/exit levels, stop-loss recommendations, risk protection and trading alerts. Watch the full interview to see how his traders have outperformed the market consistently.

Original article: Trading Strategies to Profit in All Market Conditions©2020 Midas Letter. All Rights Reserved.

RJK Explorations Ltd. (CVE:RJX.A) (OTCMKTS:RJKAF) Director Robert Mackay joins Midas Letter to discuss expanding the company’s drill targets in search for the source of the 800-Karat Yellow Nipissing Diamond on its Bishop Claims near Cobalt, Ontario. Cobalt has a rich history in mining – originally known as the Silver Capital of Canada. That was until the Nipissing yellow diamond was discovered. RJK Exploration have setup subduction zones located below the claims, which is an ideal geological setting for type IIa diamonds, the largest diamonds in the world. Watch the full interview to learn more about the source of the yellow diamond and specifics on the project.

Original article: RJK Explorations Ltd (CVE:RJX.A) Searching for Source of 800-Karat Yellow Diamond©2020 Midas Letter. All Rights Reserved.

Windfall Geotek Inc (CVE:WIN) (OTCMKTS:MJXFF) (FRA:L7C2) CEO Dinesh Kandanchatta joins Midas Letter to discuss how the company are using its advanced technology used in its mining projects to aid in the worldwide problem of land mine discovery. Windfall Geotek have been using artificial intelligence (AI), machine learning and knowledge-extraction techniques since 2005 in the mining sector and have now began field testing of drone-based anti-personnel mine (APM) and improvised explosive device (IED) solutions. Approximately CAD $700,000,000 was spent in 2019 to deal with this problem which could represent a substantial new revenue stream for Windfall Geotek. Windfall Geotek also have a portfolio of gold, copper and zinc properties in Quebec.

Original article: Windfall Geotek Inc (CVE:WIN) Using Mining AI Technology to Aid Global Land Mine Problem©2020 Midas Letter. All Rights Reserved.