Midas Letter

1933 Industries Inc (CNSX:TGIF) (OTCMKTS:TGIFF) (FRA:1QF) recently changed its name from Friday Night Inc to 1933 Industries as part of the company’s maturation as well as a nod to the repeal of prohibition in the United States. President and CEO Brayden Sutton explains the company’s three assets: a cannabis compliance consulting company, a cultivation facility in Las Vegas, and a hemp-derived, CBD-focused brand called Infused. Sutton discusses 1933 Industries’ revenue streams and predicts that the company will be profitable by next quarter. Sutton talks about the advantages of the Nevada market, including the lack of a black market, a moratorium on new recreational licenses, and healthy demand with 45 million visitors annually and slightly higher per capita use. 1933 Industries has plans to expand into other states as well as the retail market.

Original article: VIDEO: Friday Night Inc Rebranding as 1933 Industries Inc (CNSX:TGIF)

©2018 Midas Letter. All Rights Reserved.

Royal Nickel Corp (TSE:RNX) (OTCMKTS:RNKLF) (FRA:5RN) CEO Mark Selby talks about the company’s once-in-a-life-time gold find of a boulder with 9,000 grams of gold per tonne resulting in a find of 24,000 ounces of gold. The project site was initially purchased as a nickel mine with gold exploration potential and features vertical shears mineralized with gold throughout the property. The initial discovery will result in approximately $35 million for the company and Royal Nickel announced warrant exercises this week that are expected to raise an additional $8 million for the company’s treasury. In addition, the project’s cost of production is very low because of the high concentrations of gold. As a result, Royal Nickel is now fully financed to continue its exploration and drilling programs.

Original article: VIDEO: Royal Nickel Corp (TSE:RNX) Once-in-a-Lifetime Gold Discovery

©2018 Midas Letter. All Rights Reserved.

Kontrol Energy Corp (CNSX:KNR) (OTCMKTS:OTSHF) (FRA:1K8) CEO Paul Ghezzi, CPA, CA explains that Kontrol is an energy efficiency management business that operates in the building sector, one of the largest energy markets in the world. Kontrol’s efficiency management is built on four verticals: IOT hardware and software, energy retrofits, distributed generation, and greenhouse gas emission compliance and monitoring. Ghezzi discusses the applications of this model in the cannabis space, including energy co-generation, emissions monitoring, and power reliability for proper crop maintenance. Ghezzi believes the cannabis sector is a high-growth vertical and estimates that 10 percent of Kontrol’s top line is from the cannabis space. Ghezzi sees Kontrol playing an important role in the sector as the cannabis space moves into a consolidation period.

Original article: VIDEO: Kontrol Energy Corp (CNSX:KNR) Cannabis Sector Energy Management

©2018 Midas Letter. All Rights Reserved.

WeedMD Inc (CVE:WMD) (OTCMKTS:WDDMF) (FRA:4WE) CEO Keith Merker shares details of the company’s dramatic increase in value and significant expansion operations. WeedMD’s Strathroy expansion site just completed its first harvest two weeks ago after securing its license in June. The Strathroy site has 44,000 licensed square feet with another 60,000 square feet going online next month. Merker confirms WeedMD has supply agreements with British Columbia, Alberta, Nova Scotia, and Ontario, as well as a medical stream supply agreement with Shoppers Drug Mart. WeedMD Inc is also a genetics business; the company sells seeds, clones, and live plants to other LPs in the Canadian market and most recently, Australia.

Original article: VIDEO: WeedMD Inc (CVE:WMD) Strathroy Expansion and Shoppers Drug Mart Supply Agreement

©2018 Midas Letter. All Rights Reserved.

International Cannabrands Inc (CNSX:JUJU) (OTCMKTS:GEATF) (FRA:31G) CEO Steve Gormley visits the studio to talk about recent deals with California-based La Vida Verde and Solstice. The Solstice deal is a Washington State distribution agreement ensuring JUJU Royal products are available in that market, providing International Cannabrands with a West Coast footprint. Gormley discusses the company’s turnaround over the last two months, emphasizing the importance of eliminating the preferred share structure. Gormley’s goal is to make International Cannabrands a $10 stock and highlights his belief that the company will be an industry leader in terms of profitability. Gormley shares his thoughts on running a Canadian public company in America and the various avenues to federal de-prohibition in the United States.

Original article: VIDEO: International Cannabrands Inc (CNSX:JUJU) Solstice Distribution Deal

©2018 Midas Letter. All Rights Reserved.

Martello Technologies Group Inc (CVE:MTLO) makes large networks more efficient and its clients include governments and financial institutions in 150 countries. CEO John Proctor provides an overview of Martello, discusses Martello becoming a publicly traded company, and describes its “build and buy” strategy. Proctor explains that unlike many IT enterprise-level efficiency groups, Martello’s margins are really good and offer investors a positive experience. Proctor expects the company to increase its monthly recurring revenue and capital expenditures from 60/40 to 80/20 over the next few years. Additionally, the company’s software services already have margins nearing 90 percent and the company forecasts at least 10 percent organic growth over the next 12-36 months.

Original article: VIDEO: Martello Technologies Group Inc (CVE:MTLO) Strong Margins Create Investor Opportunity

©2018 Midas Letter. All Rights Reserved.

Canntab Therapeutics Ltd (CNSX:PILL) (OTCMKTS:TLFTF) (FRA:TBF1) CEO Jeff Renwick and CFO Richard Goldstein talk about the recent doubling of Canntab’s valuation. Canntab creates pain management products by utilizes resins to produce cannabis hard tablets for the medical market. Under current ACMPR rules, bud and oil are the only Health Canada-approved delivery methods but the pair is confident in the near future, hard tablets will also be declared an acceptable oral dose delivery mechanism. They compare hard tablets to softgels and Renwick indicates that the advantage of the hard tablet is it protects the cannabinoids from degradation. They discuss Canntab’s revenue model and Goldstein indicates the company expects to see revenue from product sales in 2019.

Original article: VIDEO: Canntab Therapeutics Ltd (CNSX:PILL) Valuation Double

©2018 Midas Letter. All Rights Reserved.

Ninepoint UIT Alternative Health Fund Manager Charles Taerk shares his thoughts on the Constellation deal and what it means for the global cannabis market. Taerk states that companies like Aphria Inc (TSE:APH) (OTCMKTS:APHQF) (FRA:10E), Aurora Cannabis Inc (TSE:ACB) (OTCMKTS:ACBFF) (FRA:21P), CannTrust Holdings Inc (TSE:TRST) (OTCMKTS:CNTTF) (FRA:C9S), OrganiGram Holdings Inc (CVE:OGI) (OTCMKTS:OGRMF) (

Galane Gold Inc (CVE:GG) (OTCMKTS:GGGOF) (FRA:25G) Chairman Ravi Sood shares details of the company’s mining operations in Botswana and South Africa. Galane Gold is targeting between 33,000 to 35,000 ounces of gold annually from its Botswana operation and has transitioned that mine underground, expanding its footprint significantly. Galane Gold’s new mine in South Africa has all-in costs underneath $900 an ounce with an expected return of 50,000 ounces per annum. Sood addresses the company’s low valuation relative to its quarterly revenue, which stood at $2.3 million USD last quarter. The segment wraps with a discussion on the gold sector and the likelihood of a gold comeback in the near future.

James West:   Hey, welcome back to Midas Letter Live. My guest in this segment is Ravi Sood. He’s the Chairman of Galane Gold, trading on the TSX Venture under the symbol GG. Ravi, welcome back.

Ravi Sood:    James, always a pleasure to be here.

James West:   You bet! Okay, let’s start with an overview on Galane Gold: what’s the production profile look like?

Ravi Sood:    We’re a producer, we’ve been a producer since the company was formed in 2011. So last quarter we did just over 10,000 ounces; that was a very good quarter for us, though. So we’re targeting from our existing core operation in Botswana about 33,000 to 35,000 ounces a year. That’s an operation that we bought from IAMGOLD seven years ago; it was a

The Supreme Cannabis Company Inc (CVE:FIRE) (OTCMKTS:SPRWF) (FRA:53S1) President John Fowler talks about Supreme’s recent $2 million premium supply deal with Tilray Inc (NASDAQ:TLRY) (FRA:2HQ). Fowler believes there’s a small amount of high-end capacity and that Supreme’s ability to produce high-quality premium dried flower at scale for its Seven Acres brand positions the company favourably. Fowler explains that Supreme invested in Medigrow, the largest active cultivator in Lesotho, because it believes Medigrow will be one of the largest oil producers in the world. Supreme Cannabis is not focused on retail operations and as such, it’s easier for the company to scale globally. Supreme has prioritized product availability ahead of Canada’s October 17th legalization date in hopes of securing consumer brand loyalty.

James West:   Oh, hello. Guess what? John Fowler is here. He’s the CEO of The Supreme Cannabis Company, and Supreme Cannabis has been on FIRE lately! John, how are you doing?

John Fowler:  Very good, thanks for having me again.