Midas Letter

CEO Lars Lien and COO Quentin Martin of Luckbox, sit down with Midas Letter to discuss the opportunity for investment within the esports industry and how it is monetized. Luckbox is a fully licensed online betting platform for esports. Similar to traditional sports betting, players can use Luckbox’s platform to bet on esports teams in real time. Luckbox’s license currently allows for customers in Canada, Latin America, Russia, Asia and about half of Europe. As Lars and Quentin discuss, it is an exciting time for the esports industry as more and more states are approving sports betting legislation.

 

Original article: Luckbox CEO on Investing in Esports Betting©2020 Midas Letter. All Rights Reserved.

Relevium Technologies Inc.(CVE:RLV) (OTCMKTS:RLLVF) (FRA:6BX) CEO Aurelio Useche joins Midas Letter to introduce the company. Relevium is a publicly traded corporation strategically focused on the expansion and acquisition of entrepreneurial brands within the health and wellness sector. Their focus is on being a trusted source of high-quality nutraceutical and CBD products, specifically under three verticals: Pain Relief, Recovery, and Performance. With operations in Colombia, Aurelio discusses the company’s operations and future plans including a joint venture with an Italian company for their first commercial grow. Aurelio elaborates on Relevium Technologies products and the pediatric applications for cannabinoids. He looks to the future and divulges the drivers of success for 2020.

Original article: Relevium Technologies Inc (CVE:RLV) Focus On Pediatric Applications for Cannabinoids©2020 Midas Letter. All Rights Reserved.

Head of research and Managing Director at Echelon Wealth Partners, Rob Goff, joins Midas Letter to dive into the world of e-sports, how investors can get involved, and the state of the industry today. Rob explains making money in e-sports, the move towards digital and programmatic advertising, and gambling as a whole other dimension of the industry, with associated opportunities for incremental revenues. Echelon Wealth Partners runs a Top Pick portfolio with approximately 12 names selected by analysts. Rob shares the company’s financial results in the third quarter, including a 10 percent return and 28 percent year-to-date.

Original article: Echelon Wealth Partners On the E-Sports Industry and How To Get Involved©2020 Midas Letter. All Rights Reserved.

Senior Medical Advisor of Elevate CBD, Dr. Murdoc Khalegi joins Midas Letter for an informative conversation regarding CBD an alternative to opiates and effective treatment for chronic pain. Dr. Khaleghi is a Board-Certified Emergency Physician and has degrees in Bioengineering, Medicine, and Business from UC San Diego, UC Berkeley, and Columbia University. At Elevate CBD, Dr. Khalegi works to educate the public on both the benefits and safety of CBD. As an emergency physician, Dr. Khalegi witnesses opiote overdoses on every shift. This he believes is far too many. Dr. Khalegi and James discuss a future where CBD will hopefully replace opiotes and become a more prominent part of the US pharmacopeia.

 

 

Original article: Elevate CBD Providing Opioid Alternative and Treatment for Chronic Pain©2020 Midas Letter. All Rights Reserved.

WeedMD Inc (CVE:WMD) (OTCMKTS:WDDMF) (FRA:4WE) CEO Keith Merker talkes us through the company’s 27 acre outdoor cannabis grow.  While the results of cannabis crops cultivated outside may vary, from what we saw, WeedMD’s growing fantastic looking buds.  During our visit to the drying rooms, it became even more apparent that the WeedMD outdoor harvest is likely to result in heavy yields.  The buds were large, well-formed, and even though it might not have initially been part of the plan – they can probably sell a portion of it as premium dried flower.  WeedMD also has the option to expand if they like what this year’s crop will do to their balance sheet.  Behind the current area there is enough land to expand significantly.  Not that 27 acres isn’t significant though, it remains to be seen what this will do in terms of revenue and margins, but it does indeed seem very promising for the company to compete for the low-cost crown.

Original article: WeedMD Outdoor Grow Harvest Site Tour – Good Looking Buds©2020 Midas Letter. All Rights Reserved.

Organigram Holdings Inc (TSE:OGI) (NASDAQ:OGI) CEO Greg Engel joins Midas Letter to discuss the company’s strategy moving into the next calendar year involving Cannabis 2.0. Organigram are focusing on high volume areas with vape pens and a range of chocolates becoming available in Q1 next year. Organigram are also looking to differentiate themselves through dissolvable powders for beverages and deliver an experience that’s novel. The CEO also states the company are producing at a cash cost of $0.66 per gram and an all-in cost of $0.93, which he believes puts OGI among the leading positions in the industry from a cost perspective.

Original article: Organigram (TSE:OGI) Well Poised for Cannabis 2.0©2020 Midas Letter. All Rights Reserved.

Green Growth Brands (CNSX:GGB) (OTCMKTS:GGBXF) Peter Horvarth joins Midas Letter to provide a company update, including the opening of their 150th store. Green Growth Brands is a lifestyle oriented, consumer products company that celebrates health, wellness, and happiness. Drawing upon his experience with Victoria’s Secret, Abercrombie & Fitch and American Eagle, Peter discusses succeeding in the consumer packaged goods industry and how it related to CBD branding. Given the lower than anticipated performance of the cannabis market, Peter answers what Green Growth expects to achieve financially in the next twelve and twenty four months.

Original article: Green Growth Brands (CNSX:GGB) Opens 150th Store©2020 Midas Letter. All Rights Reserved.

Supreme Cannabis (TSE: FIRE) (OTCMKTS: SPRWF) (FRA: 53S1) CEO, Navdeep Dhaliwal on joins Midas letter to provide a company updates, including appointing their new Chief Operating Officer, John Griese. James and Nav dive into Supreme’s Q1 financials, which included announcing securing a $90 million credit line from BMO. Supreme Cannabis recently won Brand of the Year at the Canadian Cannabis Awards for their Seven Acres brand. Nav discusses the Canadian Cannabis CPG 2.0 market, and the impacts on revenues across the industry. 

Original article: Supreme Cannabis (TSE:FIRE) on Securing 90M Corporate Credit Line©2020 Midas Letter. All Rights Reserved.

Trulieve Cannabis Corp (CNSX:TRUL) (OTCQX:TCNNF) CEO Kim Rivers joins Midas Letter to discuss the company’s record quarter of growth in revenue and adjusted EBITDA. The CEO discusses the advantages for MSO’s (multi-state operators) operating in Florida. Florida has one of the fastest-growing markets in the US with respect to program adoption. Ms. Rivers also outlines the probability of a recreational market in Florida in the next year and how that decision would impact the company’s bottom line.

Original article: Trulieve Cannabis (CNSX:TRUL) Sets Cannabis Financial Standard with Flagship Quarter©2020 Midas Letter. All Rights Reserved.

Growbuds CEO Andrew McMahon and COO Samuel Belanger join Midas Letter to introduce the company. Founded in 2018, Growbuds is a media house production and E-commerce company focused on the homegrown cannabis market. It aims to motivate and encourage cannabis enthusiasts to pursue the dream of cultivating their own crop as an alternative to their current means of consumption. Andrew and Samuel discuss their one-kit-fits-all solution, the Canadian market for homegrown cannabis, and James shares his experience using their grow kits. Growbuds has operations in Canada and the USA, with a network of over 4,000 growers and 7+ figure revenue in its first year.

Original article: Growbuds One-Kit-Fits-All Solution To Growing Cannabis At Home©2019 Midas Letter. All Rights Reserved.