Midas Letter

Midas Letter

By James West and Ed MilewskiBusinessInvesting
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Midas Letter episodes

  • Khiron 2019 Site Tour: The King of CPG in Latin America
    Khiron Life Sciences Corp (TSX.V:KHRN) (OTCMKTS:KHRNF) CEO Alvaro Torres told our film team in early 2018 that “Khiron is coming.” This time he changed his choice of words to “Khiron has arrived.” A bold statement for a company that has been waiting for their opportunity to shine – but the wait is quite possibly, nearly over.  The passing of the final regulations for the distribution of medical cannabis in Colombia are in the process of passing.  Other populous Latin American nations with progressive agenda’s are also imminent.  Khiron is in a unique position to benefit the most given their first-mover advantage, ownership of clinics, and their willingness and openness to work with and help define the regulation for Colombia.  The market potential market  across LATAM is huge (over 600 million), the cosmetics market has even bigger reach for the company worldwide and they are also getting into the CBD pet-product space to which there are over 200 million dogs and cats in Latin America.
    Our team was taken on a tour of their new offices in Bogota as well as their pop-up shops and presence in the biggest cosmetics retail stores in the country.  From there we went to their cultivation and processing facility in their sizeable rural lands away from the city.  What stood out the most was the emphasis on strategy and strategic thinking.  The brain-trust at Khiron consists of many lawyers, physicians and brand strategists.  The reason for this at least in part- was to secure their position the moment the first patients are able to purchase cannabis as a medicine.  We went to one of their clinics which is a key strategic move by the company.  Why would they want to own clinics? Because in Colombia and other Latin American nations, they go by the quota system which in essence means in order for you to cultivate cannabis (or other pharmaceuticals) you need to demonstrate that in no uncertain terms, there are patients waiting to use it. Owning the clinics, is owning data and having a customer base that is built-in the moment the government gives the go-ahead which could literally be at any moment.  The other key strategic move was to work so closely and cooperatively with the government.  If sales were to begin today, Khiron would have the only approved products to sell.  This is because they helped define the procedures and processes to be compliant and have a vast network of physicians who are aligned with the company.
    The end of 2019 and into 2020 are going to be very interesting times for the company because in their words – when the regulations pass it means for them “instant revenue” for them, which presumably will grow aggressively from the there.
    Original article: Khiron 2019 Site Tour: The King of CPG in Latin America©2019 Midas Letter. All Rights Reserved.
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  • Draganfly Inc (CNSX:DFLY) Oldest Operating Drone Company in the World
    Draganfly Inc (CNSX:DFLY) CEO Cameron Chell joins Midas Letter to discuss why the company is the most advanced drone systems company. Draganfly’s primary market is public safety and first responders working with police forces as well as military applications for the US government. Draganfly’s product offering includes quad copters, ground robots, universal controllers and autopilot systems, as well as software. The company also works with various agencies in a contract engineering capacity. The CEO explains he is looking to organically grow the company into that billion-dollar position through acquisitions of a number of small manufacturers that are highly specialized in key areas.
    Original article: Draganfly Inc (CNSX:DFLY) Oldest Operating Drone Company in the World©2019 Midas Letter. All Rights Reserved.
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  • Olympic Gold Medalist Levelling the Playing Field in Cannabis
    Canadian professional snowboarder, Olympic Gold Medal Winner and Legacy Brands founder and CEO Ross Rebagliati joins Midas Letter to discuss setting the gold standard for cannabis retail companies and his own sporting experiences with the plant. Mr. Rebagliati was the first ever athlete to win an Olympic Gold Medal for men’s snowboarding at the 1998 Olympic Games. Subsequent to winning however, having found traces of THC in his system, was disqualified and stripped of his achievement. The decision was eventually overturned but not before Mr. Rebagliati spent time in a Japanese jail. Since his athletic achievements, Mr Rebagliati has maintained belief that cannabis is part of living a healthy lifestyle and has founded a medical marijuana business: Legacy Brands. Watch the full interview to find out Ross Brands business plan and how the legendary snowboarder is levelling the playing field in Cannabis.
    Original article: Olympic Gold Medalist Levelling the Playing Field in Cannabis©2019 Midas Letter. All Rights Reserved.
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  • Pure Life Carbon Soil Additive Tech Increasing Plant Yields and Preventing Crop Loss
    Pure Life Carbon VP of Strategy Gary Symons joins Midas Letter to discuss how the company uses a soil additive which produces higher yields and prevents less crop loss. Pure Life Carbon produces premium biochar – used as a soil amendment for both carbon sequestration which has a variety of soil health benefits. The UN Panel on Climate Change has said that biochar is the only technology currently available that can viably reduce the impact of global warming. Mr. Symons compares using biochar to other methods currently in use within the industry, particularly rockwool, from a cost, efficiency, and advantages standpoint. The company calculated roughly a 47 percent increase in yield using their technology, which would result in increased revenue, increased profit, and a much lower cost production.
    Original article: Pure Life Carbon Soil Additive Tech Increasing Plant Yields and Preventing Crop Loss©2019 Midas Letter. All Rights Reserved.
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  • KoreConX on Streamlining Private Capital-Raising Opportunities
    KoreConX is a secure, all-in-one platform to streamline global private company capital markets. Wth the goal, to give small- to medium-sized enterprises (SME) a single location to manage all of their corporate records, funding, investors and investment brokers, users can efficiently take advantage of innovative new capital-raising opportunities. CEO Oscar Jofre joins Midas Letter to introduce the company, the opportunities that arose with the emergence of blockchain, and explains the platform’s applications in detail.
    Original article: KoreConX on Streamlining Private Capital-Raising Opportunities©2019 Midas Letter. All Rights Reserved.
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  • Inner Spirit Holdings Ltd (CNSX:ISH) Largest Cannabis Retailer in Canada
    Inner Spirit Holdings Ltd (CNSX:ISH) CEO Darren Bondar joins Midas Letter to discuss his nomination as ‘Entrepreneur of the Year’ award at the Lift Awards which represents all entrepreneurs who are franchise partners in the Spirit Leaf team. Inner Spirit currently has the most number of cannabis retail stores in Canada with 37 locations open today with further developments expected in the future. Ontario rulings allow for a maximum of 75 locations per retailer or per brand. Inner Spirit has their sights set on expanding to the total allotment amount of 75 stores. The CEO also discusses the company’s franchise model and its advantages in terms of acquisition in the wholesale market, the company’s most popular products and how the company will evolve with Cannabis 2.0.
    Original article: Inner Spirit Holdings Ltd (CNSX:ISH) Largest Cannabis Retailer in Canada©2019 Midas Letter. All Rights Reserved.
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  • RavenQuest BioMed Inc (CNSX:RQB) Autumn Updates and Future Developments
    RavenQuest BioMed Inc (CNSX:RQB) (OTCMKTS:RVVQF) (FRA:1IT) CEO George Robinson joins Midas Letter to discuss the company’s latest developments  in their Edmonton facility, exportation to Australia and the recent claim against RavenQuest for IP violation. The CEO can’t comment at length as the claim is in front of the courts but insists the company have put very strong internal processes together. The Edmonton facility is filling with plants – with grow rooms two and three filling on target – the company are just waiting for a Health Canada decision before the facility’s reaming five rooms come online.  Through RavenQuest’s partnership with MedCann, the company have a guaranteed supply chain movement through all the customs and regulatory bodies for exportation to the Australian market. The CEO also comments on RavenQuest’s global footprint and the company’s plans specifically in Europe.
    Original article: RavenQuest BioMed Inc (CNSX:RQB) Autumn Updates and Future Developments©2019 Midas Letter. All Rights Reserved.
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  • Super Bowl Champion Rob Gronkowski on the Benefit of CBD for Athletes
    Advocate for CBD and an investor in Abacus Health Products (CSE:ABCS) (OTCMKTS:ABAHF) and brand ambassador for the company’s CBDMEDIC product line joins Midas Letter along with CEO Perry Antelman to discuss how the Super Bowl champion benefits from using the company’s all natural CBD products. CBDMEDIC market all-natural topical medications that combine over the counter drug active ingredients with CBD-rich hemp oil and other natural moisturizers. The Abacus CEO details the company’s global footprint and distribution strategy while the former New England Patriot’s tight-end provides his own evidence for the recovery benefits of CBD to perform at his best in such a high-impact and physically demanding sport.
    Original article: Super Bowl Champion Rob Gronkowski on the Benefit of CBD for Athletes©2019 Midas Letter. All Rights Reserved.
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  • HeyBryan Media Inc (CNSX:HEY) Home-Maintenance Industry App Begins Trading
    Bryan Baeumler, star of HGTV’s show ‘Island of Bryan’ and the face of HeyBryan Media Inc (CNSX:HEY) and the company CEO Lance Montgomery join Midas Letter to discuss taking the home-maintenance industry app public. HeyBryan connects homeowners with vetted home-service providers to complete small tasks around the home using an app. The app names “HeyBryan” aims to revolutionize the home-service industry, eliminating the middleman and removes any issues of money exchange. The pair discuss how the app works and future expansion plans across North America.
    Original article: HeyBryan Media Inc (CNSX:HEY) Home-Maintenance Industry App Begins Trading©2019 Midas Letter. All Rights Reserved.
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  • Orbital Garden Grow-Op: RavenQuest Site Tour
    RavenQuest BioMed Inc (CNSX:RQB)(OTCMKTS:RVVQF) (FRA:1IT) CEO George Robinson will tell you when asked if the orbital garden is a gimmick, the short answer is – No.  Our films team went to Edmonton where they are headquartered to see for ourselves and we came away with the same answer: It’s not a gimmick at all.  Upon reflection, this shouldn’t really be a surprise as they are heavily invested and partnered with bio-science as illustrated with their partnership with McGill University.  It becomes even more obvious listening to George and his attention to detail.  There was simply too much to include in our video; for example that they use batteries in conjunction with their generators so as to never have fluctuations in the voltage going to their systems which he believes will give many of their components an extra 3-5 years of life.  With all of that said, it was still a bit of a jolt to the system looking at the orbital garden which have a very science-fiction vibe to them.  It took a while to get used to seeing only top buds slowing rotating in their golden cylinders.
    By growing just the “top buds” Raven Quest believes they are saving effort and capital in the long run with their orbital garden.  Why expend more energy to grow an entire plant where a lot of it isn’t even used? That is the driving theory behind why they chose to develop and refine their orbital gardens.  They literally take a clone and let it root, then put it right to flower and skip an entire step in the traditional growing process.  By doing this, along with other protocol, they are able to reduce their time-table to about 9.5 weeks all-in; from clipping to putting it in bags to ship out.
    Original article: Orbital Garden Grow-Op: RavenQuest Site Tour©2019 Midas Letter. All Rights Reserved.
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Midas Letter RAW is the irreverent, intelligent show about investing for the little guy. Ed Milewski, former stock broker and reformed accountant brings his cynical and off-beat chart observations…