Midas Letter

Cronos Group Inc (TSE:CRON) (NASDAQ:CRON) (FRA:7CI) CEO Mike Gorenstein discusses the global footprint of Cronos and the opportunities legalization presents leading Canadian LPs. Cronos recreational products are available to customers in British Columbia, Nova Scotia, Ontario, and Prince Edward Island while the company’s medical products are available to patients across the country. The company’s Peace Naturals currently supplies medical patients with seeds and clones for home grow. Cronos has a partnership with Ginkgo Bioworks, the largest DNA printer in the world, to sequence Cronos genetics. Once sequenced, products can be replicated at low cost using cannabinoids and terpines, which have significant implications for the development of new medical treatments. Gorenstein believes Cronos will produce biosynthesized cannabinoids products within 3 years.

Original article: VIDEO: Cronos Group Inc (TSE:CRON) Developing Biosynthesized CBD Products

©2018 Midas Letter. All Rights Reserved.

Canopy Rivers Inc (CVE:RIV) is the venture capital investment platform of Canopy Growth Corp (TSE:WEED) (NYSE:CGC) (FRA:11L1) and is building a network of complementary cannabis companies that can work together for mutual benefit. EVP of Strategy Daniel Pearlstein observes that the emergence of ancillary cannabis companies with the advent of legalization is a potential value catalyst for the space. Pearlstein believes that the leadership role Canada has developed in the cannabis space is embodied in Canopy Rivers, as the company seeks international investment opportunities. Earlier this month, the company announced a restructuring of its investment in TerrAscend Corp (CNSX:TER) (OTCMKTS:TRSSF) (FRA:TED). Canopy Rivers recently re-aligned the leadership group of LiveWell Canada (CVE:LVWL) (OTCMKTS:LXLLF)to optimize its capacity to produce cannabis derivative products.

Original article: VIDEO: Canopy Rivers Inc (CVE:RIV) Restructures TerrAscend Corp (CNSX:TER) Investment

©2018 Midas Letter. All Rights Reserved.

Organigram Holdings Inc (CVE:OGI) (OTCMKTS:OGRMF) (FRA:0OG) CEO Greg Engel is excited about the company’s Atlantic Canada presence and the fully operational retail stores in the region. The company recently announced a $5 million deal with European hemp and CBD producer Eviana Health Corporation (CNSX:EHC), which allows Organigram to play in the European market. Earlier this month, Organigram earned its organic re-certification and is eager to determine the recreational demand for organic cannabis. The company has partnered with Hyasynth Biologicals Inc, a producer of yeast-based cannabinoids, which Engel believes is the future of CBDs in the industry.

Original article: VIDEO: Organigram Holdings Inc (CVE:OGI) European Access Deal with Eviana Health Corporation (CNSX:EHC)

©2018 Midas Letter. All Rights Reserved.

CannTrust Holdings Inc (TSE:TRST) (OTCMKTS:CNTTF) (FRA:C9S) COO Brad Rogers addresses the compliance and regulatory challenges as the industry gets ready for legalization and beyond. The company is preparing for the legalization of derivative products and has a stable zero-taste, zero-calorie CBD ingredient that can be added to any beverage without affecting its flavour profile. CannTrust has reached the 50,000 medical patient milestone and recently announced an agreement to supply Aleafia Health Inc (CVE:ALEF) (OTCMKTS:ALEAF) (FRA:ARAH).  CannTrust is currently constructing a 600,000 square foot expansion of its Niagara facility. Rogers believes the legalization of medical cannabis internationally is an opportunity for the company, with the coming UK medical legalization particularly noteworthy.

Original article: VIDEO: CannTrust Holdings Inc (TSE:TRST) Reaches 50,000th Patient Milestone

©2018 Midas Letter. All Rights Reserved.

James E Wagner Cultivation Corp (CVE:JWCA) (OTCMKTS:JWCAF) CEO Nathan Woodworth,  a fourth generation cannabis grower, shares what legalization means to him and his family. JWC’s primary focus is medical cannabis, but Woodworth believes the recreational market has tremendous potential for LPs like his company. JWC is the only LP in Canada growing aeroponically, which creates a cleaner, more consist, and cheaper product to produce.  JWC has developed a new variable for its aeroponic growing technology, which will allow the company to operate as fully certified organic, a world first for aeroponic growing. JWC currently has seven strains in production and plans to expand its offering to 50 by the end of 2019.

Original article: VIDEO: James E Wagner Cultivation Corp (CVE:JWCA) World’s First Fully Organic Aeroponic Grower

©2018 Midas Letter. All Rights Reserved.

Campaign for Cannabis Amnesty Director Annamaria Enenajor indicates there is a growing government support for pardoning Canadians with cannabis possession convictions. There are approximately 500,000 Canadians with cannabis convictions on their records and those with cannabis convictions are disproportionately from racialized and Indigenous communities. The Campaign for Cannabis Amnesty has been working closely with MP Murray Rankin, who tabled a bill at the beginning of October to expunge the criminal records of those with minor cannabis convictions that are no longer considered illegal under Bill C-45. Enenajor emphasizes the importance of the financial and strategic role Aurora Cannabis Inc (TSE:ACB) (OTCMKTS:ACBFF) (FRA:21P) has played in the campaign. Enenajor shares details of the partnership between Cannabis Amnesty and British Columbia-based LP Doja Cannabis Co to launch Pardon, a cannabis education and advocacy brand, with proceeds going to Cannabis Amnesty.

Original article: VIDEO: Campaign for Cannabis Amnesty on Aurora Cannabis Inc (TSE:ACB) Support

©2018 Midas Letter. All Rights Reserved.

Segra International Corp is a highly scalable, in vitro, clonal micro-propagation company producing immature plants in the cannabis sector. CEO Todd McMurray indicates that the company is bringing agricultural technology to the cannabis sector and the company’s client list already includes HEXO Corp (TSE:HEXO) (OTCMKTS:HYYDF) (FRA:74H), the Supreme Cannabis Company Inc (CVE:FIRE) (OTCMKTS:SPRWF) (FRA:53S1), and Agripharm Corp. McMurray praises the expertise of the Segra management team and the company’s cannabis molecular biology lab, which provides true-to-type strain fingerprinting. Segra is the first cannabis tissue culture company to partner with large-scale Canadian licensed producers. The company has filed a prospectus and hopes to go public by the end of October or early November.

Original article: VIDEO: Segra International Corp First Cannabis Tissue Culture Company to Partner with Large-Scale Canadian LPs

©2018 Midas Letter. All Rights Reserved.

Aurora Cannabis Inc (TSE:ACB) (OTCMKTS:ACBFF) (FRA:21P) COO Cam  Battley shows James West the company’s cutting edge Aurora Sky facility at the Edmonton International Airport. Aurora Sky is built to EU GMP standards and is the most technologically advanced cannabis hybrid-indoor facility in the world. Aurora Sky is not a greenhouse but rather an entirely closed indoor facility with a sophisticated glass roof that allows Aurora full control over environmental conditions. Aurora’s facility at the airport is the first in a line of Sky-class facilities that will be built-out globally. Aurora Sky facilities are designed to produce cannabis well under $1 per gram, creating new industry production standards.

Original article: VIDEO: Aurora Cannabis Inc (TSE:ACB) Launches Best-in-Class Aurora Sky Facility (Site Visit)

©2018 Midas Letter. All Rights Reserved.

Wayland Group Corp (CNSX:WAYL) CEO Ben Ward shares details of Wayland’s international operations and Canadian expansion. Wayland has currently completed Phase I of an over 900,000 square foot expansion in Canada. Internationally, Wayland is one of six companies with EUGMP certification for Canada, which allows it to export Canadian production to European markets. This week the company announced a supply agreement with Cannamedical for 9,000 kilos of cannabis flowers over three years. The company recently filed a prospectus for a $50 million bought deal led by Canaccord Genuity Corp, with the intent of using the capital raised for future acquisitions.  Ward also discusses the company’s supply agreements with provincial governments, newly launched recreational brands, and Wayland’s recent name change.

Original article: VIDEO: Wayland Group Corp (CNSX:WAYL) Supply Agreements with Legalization

©2018 Midas Letter. All Rights Reserved.

Horizons ETFs Management Canada Inc CEO Steve Hawkins manages the Horizons Marijuana Life Sciences Index ETF (TSE:HMMJ) (OTCMKTS:HMLSF), a safer way for investors  to play in the cannabis space. The Horizons Marijuana Life Sciences Index ETF provides diversified exposure to 49 cannabis and cannabis ancillary companies including some of the industry’s leading players. The ETF is the largest single holder of industry leaders like Aphria Inc (TSE:APH) (OTCMKTS:APHQF) (FRA:10E),  Aurora Cannabis Inc (TSE:ACB) (OTCMKTS:ACBFF) (FRA:21P), and Canopy Growth Corp (TSE:WEED) (NYSE:CGC) (FRA:11L1). As a result, the Horizons Marijuana ETF is the largest cannabis asset management company in the world.  Horizons recently launched an ancillary, small-cap ETF (HMJR), focusing on the junior cannabis space and featuring companies with a market cap between $50 and $500 million.

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