#191 - Q4 2023 Financial Review of the Big 5 MSOs (ft. Nick Gastevich aka CannaVestments)

Focus on the fundamentals! In this episode we are joined by our friend Nick Gastevich (aka CannaVestments) who is a long time private and public cannabis investor. In this Financial Review we cover: - How each operator stands to benefit from Florida Rec - Cash flow, future growth & 280E benefits - Thoughts on MSOs valuations; financial metrics; balancing positives and negatives Thanks to Nick for joining us and sharing his detailed analysis as always! Connect with Nick: Twitter - ⁠https://twitter.com/CannaVestments⁠ LinkedIn - ⁠https://www.linkedin.com/in/nicholas-gastevich-75841346/⁠ Family Office Website - ⁠https://www.vginvests.com/ 

In this episode we go "boots on the ground" into Florida's Cannabis Market. Our guest Real Estate Randy is an expert in helping Florida operators expand their footprint. He has years of experience dealing with some of the largest MSOs and brings unique insight on their innerworkings as well as the local market nuances. In this episode: - Why Randy is "all-in" on Florida Rec - How he expects the market to change leading up to the Ballot - Where are the untapped opportunities in the state - Why opening stores will get harder - Which operators Randy likes - M&A: Who's ripe for acquisition? - Why cannabis investors should be VERY excited for the Florida opportunity\ & much more Huge thanks to Randy for joining us for this episode!

In this episode we are joined by Jesse Redmond of Water Tower Research to discuss Rescheduling Rumours, Cannabis Catalysts & Earnings Take-Aways. Jesse has a unique background as a former hedge fund manager AND a cannabis dispensary operator. He shares insights on specific names and outlines a game plan depending on your risk tolerance. In this episode we discuss: - What to make of the recent Doug Kass rumour? - Kamala, Fat Joe & Election predictions - Earnings: How did Tier 1 MSOs perform? o How did smaller operators perform? - Game Plan: what names you should consider depending on your risk level - Catalysts: How will possible seismic changes affect the investing landscape? o Where will big money gravitate towards - California Cannabis – what’s interesting to look at? Thanks again to Jesse for joining us Connect with Jesse: On X: https://twitter.com/jesseredmond On LinkedIn: https://www.linkedin.com/in/jesseredmond/ Water Tower cannabis research: ⁠https://www.watertowerresearch.com/sector/12 To be added to Water Tower’s cannabis email distribution list, email [email protected]

In this episode we are joined by Will Muecke who is Co-Founder and Managing Member at Artemis Growth Partners. Artemis Growth Partners is one of the largest and most active private investors in cannabis with ~$400M+ under management exclusively in cannabis. Will and his team have invested throughout the cannabis value chain including MSOs, Brands and producers in Europe. In this episode: - What just happened in Germany? - How will the current market change? - Which companies will benefit the most? - How will Germany change the EU's view on Cannabis - Potential future uplisting for Legal Cannabis in the UK - Rescheduling: How much upside could there be? Thanks to Will for joining us! Connect w/ Will:  Website: ⁠www.artemisgrowth.com⁠ LinkedIn (corporate): ⁠https://www.linkedin.com/company/artemisgrowth/⁠ LinkedIn (personal): ⁠https://www.linkedin.com/in

In this episode we are joined by a special guest who brings a unique perspective on trading cannabis stocks through technical analysis. Charting Man Dan of The Chart Guys is a well known cannabis personality who specializes in chart reading. Dan is a veteran cannabis trader but also regularly trades broader indices and crypto. Dan is a wealth of honest information and brings an unbiased perspective on the charts. In this episode we discuss: - The Rescheduling Game Plan for 2024 - Buying MSOS vs Underlying OTC names - Deciding when to buy and sell - Florida Rec: how a trader evaluates names and entries Thanks to Dan for joining us and sharing his perspective. Please check out his links below for great free content Follow Dan / The Chart Guys On Twitter: ⁠https://twitter.com/ChartGuys⁠ The Chart Guys on Youtube: ⁠https://www.youtube.com/channel/UCnqZ2hx679DqRi6khRUNw2g⁠ Free Intro to TA course: ⁠https://www.chartguys.com/trading-courses/7/technical-analysis⁠ Understanding Dilution Video: ⁠https://www.youtube.com/watch?v=ay7VFXFxHRM⁠ Priced-In Analysis Video: ⁠https://www.youtube.com/watch?v=RGL94mPHFJg⁠

In this episode we are joined by special guest Hirsh Jain. Hirsh is a cannabis policy expert and shares in depth analysis about: - DEA Rescheduling: Is Sooner or Later better for Biden? - How do state level cannabis programs affect elections? - Florida: Why Hirsh is bullish - VA / OH / PA & Texas - How important is cannabis really for voters? Don't miss out on Hirsh's unique insight into the intersection of cannabis and politics. Connect with Hirsh: LinkedIn - ⁠https://www.linkedin.com/in/hirsh-jain/⁠  Twitter - ⁠https://twitter.com/anandastrategy⁠ Hirsh's Website - ⁠https://anandastrategy.com/

In this episode we are joined by Mike aka MJ Stock Trader on Twitter. Mike has become a leading voice on CannaTwitter over the past 3 years and shares a unique perspective on social media's importance in cannabis investing. In this episode we discuss: - The importance of psychology and sentiment - How 2024 has started for investors - What's Next? Key dates to watch for - Rescheduling, Florida & SAFER - Big risks no one is talking about - Personal investment strategies for 2024 & much more Follow Mike @ ⁠https://twitter.com/stock_mj⁠ MJ Stock Trader Website - ⁠https://mjstocktrader.com/

Happy 2024! To kick off the new year we are joined by a very special guest - Robert Beasley, CEO of Cansortium (TIUM on CSE or CNTMF on OTC). Cansortium is a Multi-State Operator with operations in Florida, Pennsylvania & Texas. In this episode we discuss: - Robert becoming CEO in 2020 and right sizing the company - Living through the COVID Cannabis boom in Florida - The importance of balance in the company - Florida Adult Use on the 2024 Ballot - Price Wars: how price compression has impacted Florida - M&A: how does management think about the company's future - Financial Performance including cash flow, taxes and debt Thank you to Robert for joining us for this discussion. Get in touch with Cansortium/Fluent @ https://investors.getfluent.com/

The final episode of 2023! In this episode we recap what happened this year and paint the picture of our investing game plan for 2024 In this episode: - Recapping 2023 for Cannabis & General investing - The potential macro backdrop for 2024 - The biggest 2024 Catalysts for Cannabis - The game plan for making the most of 2024 Thank you all and see you in 2024!

The boys are back! In this episode we discuss 3 recent examples of cannabis companies and how they represent the Good, the Bad & the Ugly of what is going on in the cannabis industry today