Midas Letter

Midas Letter

By James West and Ed MilewskiBusinessInvesting
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Midas Letter episodes

  • VIDEO: Weekend Unlimited Inc (CNSX:YOLO) Cannabis Brand Conglomerate Goes Public

    Weekend Unlimited Inc (CNSX:YOLO) is a cannabis lifestyle brand conglomerate and CEO Cody Corrubia shares details of the company’s go public strategy. This year, the company has acquired two farms in Washington State, partnered with legendary bong maker Jerome Baker, and purchased Verve Energy Drink. Weekend Unlimited has also purchased CannaCandies, a California-based company with 35 percent of the hard candy market. Corrubia explains the company’s Jamaican export operations, which include outdoor grown, premium flower, extraction and processing facilities, as well as a cannabis café catering to tourists. The company is launching Weekend Unlimited Live, a series of live events featuring celebrity acts to elevate its social media presence and increase brand sales.

    Original article: VIDEO: Weekend Unlimited Inc (CNSX:YOLO) Cannabis Brand Conglomerate Goes Public

    ©2018 Midas Letter. All Rights Reserved.

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  • VIDEO: Newly Public Biome Grow Inc (CNSX:BIO) Launches Virtual Dispensary WeedVR

    Biome Grow Inc (CNSX:BIO) CEO Khurram Malik talks about the challenges of being a newly listed cannabis company competing with established industry leaders. The company is uniquely situated to take advantage of provincial regulatory differences because the company operates in under-served provinces in Atlantic Canada and has established strong local brands. Malik thinks this provincial branding strategy positions the company for success versus the industry’s big players when supply and demand stabilizes in 2020. Biome intends to do the majority of its sales overseas in the next two or three years as more and more countries come online in 2019 and beyond. Biome has launched a virtual dispensary education platform called WeedVR, an innovated approach to customer education and branding.

    Original article: VIDEO: Newly Public Biome Grow Inc (CNSX:BIO) Launches Virtual Dispensary WeedVR

    ©2018 Midas Letter. All Rights Reserved.

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  • VIDEO: NeutriSci International Inc (CVE:NU) Recent Stock Surge

    NeutriSci International Inc (CVE:NU) (OTCMKTS:NRXCF) (FRA:1N9) produces energy products like the successful energy tablet, Neuenergy. Neuenergy is a blueberry-based energy product found in approximately 6,000 grocery, drug, and convenience chains across the country. The company recently traded one quarter of its outstanding shares. CEO Glen Rehman explains that Neuenergy’s development process required NeutriSci to perfect exact dosaging, quick onset, portability, and packaging – all techniques applicable to the cannabis space. Going forward, Rehman envisions a fairly even split in terms of company production of energy products like Neuenergy and cannabis products. NeutriSci intends to participate in California’s recreational market as well as produce CBD-based products for international customers in South East Asia, Europe, and South America.

    Original article: VIDEO: NeutriSci International Inc (CVE:NU) Recent Stock Surge

    ©2018 Midas Letter. All Rights Reserved.

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  • VIDEO: Aphria Inc (TSE:APH) CEO Vic Neufeld on Altria Group Inc (NYSE:MO) Rumours

    Aphria Inc (TSE:APH) (OTCMKTS:APHQF) (FRA:10E) CEO Vic Neufeld addresses rumours that the company is in talks with Altria Group Inc (NYSE:MO), one of the world’s largest tobacco producers. Neufeld suggests that with the advent of legalization these types of rumours will increase, as there are a host of products with consumer profiles suitable to cannabis across many sectors. Neufeld discusses Aphria’s Q1 results, including an increase in revenue of 117 percent year-over-year and net income increases of more than 40 percent. Neufeld shares his thoughts on the suitability of pharma investment in the cannabis industry and notes that the difficulty of obtaining patents in the cannabis wellness space might be a barrier for big pharmaceutical companies. Neufeld talks about the possibilities and difficulties of a US uplisting for Aphria.

    Original article: VIDEO: Aphria Inc (TSE:APH) CEO Vic Neufeld on Altria Group Inc (NYSE:MO) Rumours

    ©2018 Midas Letter. All Rights Reserved.

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  • VIDEO: Front Range Biosciences $10 Million Capital Raise

    Front Range Biosciences is a biotech company that transfers existing agricultural technology, such as tissue cultures, to the cannabis and coffee industries to create clean stock programs. CFO Nick Hofmeister discusses the company’s recently completed financing round. Front Range raised $10 million and that money will be used to fund the company’s expansion plans at its Boulder, Colorado facilities. While going public is on the company’s radar, Front Range currently has no plans to announce a public offering. The company started generating revenue in 2017 and strategic partnerships with Faith and Family Farms and Fringe Coffee provide access to the California cannabis and coffee markets.

    Original article: VIDEO: Front Range Biosciences $10 Million Capital Raise

    ©2018 Midas Letter. All Rights Reserved.

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  • VIDEO: Canopy Growth Corp (TSE:WEED) Canada’s First Legal Cannabis Export to US

    Canopy Growth Corp (TSE:WEED) (NYSE:CGC) (FRA:11L1) CEO Bruce Linton shares details of Canada’s first legal cannabis export to the United States. Canopy is part of an ongoing project with US partners to provide a stable cannabis supply for research and testing. Linton notes that while Canopy has lost money on this venture, it creates new intellectual property for the company, establishes the company as regulatory compliant, and provides export opportunities down the road. He compares this US deal with Canopy’s first export to Germany, which also lost money; however, Germany now makes up approximately 10 percent of the company’s business. Linton also addresses Canopy’s retail presence, revealing retail stores will open in Newfoundland first and that Canopy has prime locations planned for Toronto.

    Original article: VIDEO: Canopy Growth Corp (TSE:WEED) Canada’s First Legal Cannabis Export to US

    ©2018 Midas Letter. All Rights Reserved.

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  • VIDEO: Indiva Ltd (CVE:NDVA) Licensing Successful US Brands in Canada

    Indiva Ltd (CVE:NDVA) (FRA:T8RP) President and CEO Niel Marotta discusses what the company’s new sales license and onboarding of patients this quarter means for revenue. Indiva is licensing successful US-based brands into Canada in the anticipation of eventual legalization of edibles and other cannabis-infused products. Indiva has a partnership with Bhang, a large edibles company, to distribute its branded products. The company also has an agreement with Ruby, a producer of “flexible edibles” (cannabis-infused salts and sweeteners). Indiva is the only LP operating in London, Ontario and Marotta believes both the city size and the facility’s proximity to Highway 401 will be a benefit to Indiva. Indiva’s London base is both a cultivation and retail space and is fully funded to complete the buildout of that facility.

    Original article: VIDEO: Indiva Ltd (CVE:NDVA) Licensing Successful US Brands in Canada

    ©2018 Midas Letter. All Rights Reserved.

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  • VIDEO: Enthusiast Gaming Holdings Inc (CVE:EGLX) CEO on eSports Boom

    Enthusiast Gaming Holdings (CVE:EGLX) CEO Menashe Kestenbaum explains that eSports refers to virtual versions of traditional sports that has recently reached mainstream audiences. As Kestenbaum notes, more people are watching gaming on digital platforms such as Twitch than playing. Kesetenbaum believes with increased corporate investment in eSports leagues and tournaments, eSports will eclipse traditional gaming. Enthusiast Gaming owns one of the largest gaming content networks online, where its 75 million users can consume content similar to how sports fans consume content on sites such as ESPN. On its network, Enthusiast Gaming has 85 sites, including Destructoid, a website for gaming news and reviews with 5 million monthly visitors. Enthusiast Gaming’s revenue has grown exponentially and the company now earns $1 million per month and owns one of Canada’s largest gaming expos.

    Original article: VIDEO: Enthusiast Gaming Holdings Inc (CVE:EGLX) CEO on eSports Boom

    ©2018 Midas Letter. All Rights Reserved.

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  • VIDEO: Zenyatta Ventures Ltd (CVE:ZEN) Rebranding as Zen Graphene Solutions

    Zenyatta Ventures Ltd (CVE:ZEN) (OTCMKTS:ZENYF) (FRA:ZAY) CEO Dr. Francis Dubé shares the company’s plans to take a large bulk graphene sample this winter. Dubé explains that the Albany graphite site has deposits that are high-grade and unlike any other flake graphite in the world. Zenyatta’s supply of high-end graphene positions the company to profit from both a lack of similar product on the market and the current soaring price of graphene. Zenyatta is redoing its PEA on the strength of increasing recovery from 75 to 90 percent, less reagent costs, and studying the potential of a smaller-scale underground operation. Dubé explains that as a result of the company’s management restructuring in the spring, the companying has been reborn and will be rebranding as Zen Graphene Solutions.

    Original article: VIDEO: Zenyatta Ventures Ltd (CVE:ZEN) Rebranding as Zen Graphene Solutions

    ©2018 Midas Letter. All Rights Reserved.

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  • VIDEO: The Flowr Corporation (CVE:FLWR) Research Partnership with Scott’s Miracle-Gro (NYSE:SMG)

    The Flowr Corporation (CVE:FLWR) was founded by MedReleaf co-founder Tom Flow in 2016 and is focused on premium quality cannabis with improved taste and smell. CEO Vinay Tolia talks about the company’s 85,000 square foot cultivation facility in Kelowna and its positioning in the medical and recreational markets. The company recently announced a partnership with Ace Hill Beer to produce a new line of branded cannabis products, Ace Valley. Despite being a late arrival in the cannabis space, Flowr has supply agreements with British Columbia, Ontario, and Nova Scotia. Flowr has a research and development partnership with Scotts Miracle-Gro (NYSE:SMG) and Scotts is in the process of building a 50,000 square foot research facility at Flowr’s Kelowna site.

    Original article: VIDEO: The Flowr Corporation (CVE:FLWR) Research Partnership with Scott’s Miracle-Gro (NYSE:SMG)

    ©2018 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…