#192 - The Good, The Bad & The Ugly of Cannabis Investing

While cannabis stocks have had a brutal few weeks, one cannabis focused REIT is quietly up +50% over the last year. We are joined by Anthony Coniglio, CEO of NewLake Capital Partners (NLCP) which despite only trading on the OTC has had strong outperformance since breaking their "negative feedback loop" Anthony joins us to discuss the current cannabis market, key catalysts and share ideas on how and when cannabis stocks may be able to escape their current trajectory and start on a "positive feedback loop". Follow Anthony: Twitter: https://x.com/AnthonyConigli0 NLCP Website: https://www.newlake.com/

In this episode we are joined by Scott Grossman of Turning Point Brands (TPB on the NYSE). Scott has extensive experience in private and public markets and is Head of Corporate Development for TPB. Turning Point has a unique position in our industry as they control the ZigZag brand and have made numerous investments across the cannabis supply chain. Scott joins us to discuss: - What's going on with cannabis stocks? - How should rescheduling be priced? - Where are the best opportunities in cannabis? - M&A: Cansortium <> RIV + GTI <> Sam Adams - Who will be the marginal buyer? - Brands, Product Innovation and Consumer Preference - Hemp vs Cannabis Civil War - The Long Game: thinking about how "the end state" of cannabis will look Thanks as always to Scott for a great conversation Follow Scott on Twitter @ ⁠https://twitter.com/srg444 

In this episode we are joined by the Guru of the Gold Coast Hirsh Jain. Hirsh last joined us in February where he correctly predicted the timing of the Rescheduling Announcement. In this episode: - How did Hirsh correctly guess timing of the announcement? - How will rescheduling play out to maximize political benefit? - Will we get a Cole Memo 2.0? How will that impact uplisting? - Will Florida pass adult use? - How will Ohio impact the industry financially and politically? - Will Pennsylvania flip to Adult Use this year? - The Farm Bill: Delta 8, THCA and more 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 Dan from The Chart Guys to compare cannabis investing strategies. With several potential key upcoming catalysts we compare short term trading vs longer term investing and our game plans for the coming months. Big thanks to Dan for joining us for another great discussion. 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

In this episode (recorded pre-DEA announcement) we discuss the risk/reward of the industry along with our game plans for going forward. Let us know what topics you want to hear the most about in the coming weeks!

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