Midas Letter

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.

Wildflower Brands Inc (CNSX:SUN) (OTCMKTS:WLDFF) (FRA:RSP) CEO  William MacLean discusses the company’s CBD-based wellness products and significant West Coast footprint. While Wildflower does have cultivation operations, its primary focus is creating CBD products. Wildflower’s online sales of CBD products have grown 300 percent this year and the company’s annualized revenue is approaching $1 million. Wildflower focuses on the wellness sector because it believes the market for those products is much larger than the recreational market as CBD products have been legitimized by international organizations like the IOC and WADA. The company’s recent LOI with Retail Worx is not a retail push for Wildflower, but rather a product marketing opportunity as MacLean believes online sales are the key to Wildflower’s financial success.

Original article: VIDEO: Wildflower Brands Inc (CNSX:SUN) 300 Percent Online Sales Growth

©2018 Midas Letter. All Rights Reserved.

LiveWell Canada Inc (CVE:LVWL) (OTCMKTS:LXLLF) President David Rendimonti shares that the company has completed its 60,000 square foot buildout at its Ottawa facility, of which 21,000 is grow space.  LiveWell has secured 1,000 acres of hemp supply to process 25,000 kilograms of CBD. Rendimonti sees an opportunity for the cannabis sector when it comes to extending the shelf life of CBD and THC infused beverages and edibles, but acknowledges it requires good research and development as well as good partnerships in other industries to find solutions. Rendimonti believes education and research are essential to the growing acceptance of the health benefits and safety of CBD, but argues that the industry needs to move away from anecdotal evidence to more rigorous research. Canopy Rivers Inc (CVE:RIV) is an 11 percent shareholder of LiveWell and the partnership also provides LiveWell with institutional knowledge from Canopy’s vast production experience.

Original article: VIDEO: LiveWell Canada Inc (CVE:LVWL) Strategic Canopy Rivers (CVE:RIV) Investment

©2018 Midas Letter. All Rights Reserved.

Ascent Industries Corp (CNSX:ASNT) (OTCMKTS:PGTMF) CEO Philip Campbell addresses Health Canada’s partial suspension of licenses for Ascent’s wholly owned subsidiary Agrima Botanicals Corp after a failed surprise inspection in August. Ascent takes compliance and regulatory issues seriously and anticipates having its licenses re-instated by Health Canada. Agrima is a global cannabis company, one of the few licensed in both the US and Canada. The company has applied for licensing in Denmark, so it can export cannabis oil products produced in Canada to Denmark as well as wider European Union markets. Ascent’s goal is to maintain high margins as the market matures and as such will operate in both the medical stream and produce consumer packaged goods in the recreational cannabis space.

Original article: VIDEO: Ascent Industries Corp (CNSX:ASNT) License Suspension and Denmark Play

©2018 Midas Letter. All Rights Reserved.

Ravi Sood explains the state of contraction surrounding cryptocurrencies. Sood discusses the how the Canadian crypto market’s preference for mining has been detrimental as the crypto space becomes institutionalized. Sood remains optimistic that the cryptocurrency sector has the capacity to rebound. Sood believes more uses and applications for cryptocurrencies can be developed, which will help revive crypto stock prices. Sood compares the investment value of gold relative to cryptocurrencies, believing gold to be the sure bet, but insists opportunities for cryptocurrencies will continue.

Original article: VIDEO: Blockchain Chairman on Cryptocurrency Price Depletion

©2018 Midas Letter. All Rights Reserved.

Green Stripe Naturals is a Jamaican cannabis company severing the country’s high-volume tourist market. CEO Wayne Isaacs discusses the Jamaican cannabis space with a focus on existing regulation and cannabis’ cultural impact in Jamaica. Green Stripe Naturals recently acquired licenses to cultivate, process, conduct research and development, transport, and dispense cannabis. The company is currently focused on building out the cultivation side of its business and expects Jamaica to allow cannabis exporting soon. Green Stripe Naturals plans to go public by the end of the year.

Original article: VIDEO: Green Stripe Naturals Going Public By End Of 2018

©2018 Midas Letter. All Rights Reserved.

StableView Asset Management President and Portfolio Manager Colin Fisher, CIM, discusses the StableView TECH18 conference that will be held in Toronto on October 4th. In its fifth year, the invitation-only event aims to provide capital markets with education about the tech space in Canada. At #SVTECH18 there will be 25 presenting technology companies with 10 attending companies. Fisher compares the similarities and differences between the technology, mining, and cannabis sectors in terms of investing. He details the various uses off AI in the financial sector and emphasizes its investment value in terms of technology plays.

Original article: StableView Asset Management Technology Investment Event #SVTECH18

©2018 Midas Letter. All Rights Reserved.

48North Cannabis Corp (CVE:NRTH) (OTCMKTS:NCNNF) CEO Alison Gordon talks about the company’s new extraction license and its female-focused product branding. 48North is focused on the future of consumer packaged goods in the cannabis industry focusing on four verticals: food, beverage, cosmetics, and skin care. The company is a leader in the emerging CBD skin care product space and has recently launched a cannabis lifestyle and education publication, Latitude magazine. In addition, Latitude is a brand with related cannabis products, such as vape pens, which allows 48North to build its brand within the space restrictions mandated by Health Canada. Gordon addresses possible partnerships between the company and established consumer packaged goods companies outside the cannabis space.

Original article: VIDEO: 48North Cannabis Corp (CVE:NRTH) New Extraction License

©2018 Midas Letter. All Rights Reserved.

Aleafia Health Inc (CVE:ALEF) (OTCMKTS:ALEAF) (FRA:ARAH) CEO Geoffrey Benic shares details about the company’s 22 cannabis medical clinics, which serve 50,000 patients. Aleafia also trains doctors to prescribe cannabis. The company undertook a financing round in May at $1.25, raising $28 million, and currently has $20 million left after the acquisition of its Grimsby facility. The company’s expansion plans are on track as it retrofits the Grimsby facility and complement Aleafia’s existing infrastructure in Scugog, Ontario. Aleafia is currently generating revenue from its clinics and has no debt, making the company an attractive investment opportunity.

Original article: VIDEO: Aleafia Health Inc (CVE:ALEF) Expansion on Track

©2018 Midas Letter. All Rights Reserved.

Kintavar Exploration Inc (CVE:KTR) (FRA:58V) CEO Kiril Mugerman describes the company’s significant stratiform copper exploration project in Quebec. In January, Kintavar drilled its discovery drill hole, featuring 120 meters of 0.34 percent copper. Mugerman talks about Kintavar going public in 2017 and raising $10.2 million on the strength of its January discoveries. Mugerman reveals that the company is prioritizing a drilling exploration program to determine the size of the stratiform copper find.

Original article: VIDEO: Kintavar Exploration Inc (CVE:KTR) Drilling Program Reveals Significant Stratiform Copper

©2018 Midas Letter. All Rights Reserved.