Cannabis Growth Opportunity, 48 North, Strainprint, Amex Exploration – Midas Letter RAW 173

On Oct 27, 2020

Midas Letter RAW highlights the stocks and stories to watch in the Canadian markets today. Ed Milewski and Humble Howard Glassman provides comprehensive fundamental & technical analysis on all trending business and investment news, while interviewing the top CEOs of all public companies and analysts with the highest reputations in the business.

0:00 – Macroeconomics and Cannabis Analysis with Howard & Ed
-48North (CVE:NRTH) chart: volume spike last few days; marketing recognizing recent moves
-Q: International Cannabrands (CNSX:JUJU): a pure value play? Up 20% today
-JUJU chart: sideways trend, building a base

10:08 – Midas Letter News
-VIVO Cannabis Inc (CVE:VIVO) launched online medical cannabis store
-Origin House (CNSX:OH) partnership
-WeedMD Inc (CVE:WMD) expanded management
-The Green Organic Dutchman Holdings (TSE:TGOD) organic certification
-High Tide Inc (CNSX:HITI) applications for Ontario retail proceeding
-Grown Rogue International Inc (CNSX:GRIN) 365% revenue growth YOY
-1933 Industries Inc (CNSX:TGIF) accelerating warrants

12:43 – Macroeconomics and Cannabis Analysis with Howard and Ed
-get in closer to zero
-Khiron (CVE:KHRN) we’ve watched it go from below a dollar to over $4
-Khiron chart: huge move
-go with the trends

18:19 – Cannabis Growth Opportunity Corp (CNSX:CGOC) (OTCMKTS:CWWBF) offers investors an actively managed, diversified portfolio of companies operating in the cannabis space. COO Jamie Blundell explains that the company’s long-term approach provides retail investors with the opportunity to invest in private companies in addition to publicly-traded entities.

33:07 – Macroeconomics and Cannabis Analysis with Howard and Ed
-Cannabis upcoming financial events: CV Sciences, Acreage, Tilray, Cronos
-Cannabis Growth: paying for expertise; stock should be higher; net asset value is at $3; stock only at $2.25

36:33 – Strainprint Technologies Ltd CEO Andrew Muroff reveals how the company’s technology is changing medical research. Strainprint is a cannabis data analytics company that offers consumer solutions for medical cannabis users, real-time tracking, treatment efficacy and strain efficacy.

49:41 – Amex Exploration Inc (CVE:AMX) (OTCMKTS:AMXEF) (FRA:MX0) VP Exploration Kelly Malcolm is ecstatic about the company’s 2019 drill program. Malcolm notes that the high-grade gold project has a very affordable $160/m cost to drill thanks to existing infrastructure at the Quebec site.

57:46 – Macroeconomics and Cannabis Analysis with Howard and Ed
-S&P 500 chart: trend is weakening, energy; daily ranges aren’t what they were; down slightly
-Horizons ETFs (TSE:HMMJ) chart: copies the marijuana space; up on the day
-ETF: created by an organization, supposed to mirror subject (gold, cannabis etc)
-a little bit of a divergence between S&P and HMMJ
-poor investing decisions
-“are you late to the party?” “how close to zero are you?”

1:09:52 – 48North Cannabis Corp (CVE:NRTH) (OTCMKTS:NCNNF) Co-CEOs Alison Gordon and Jeannette VanderMarel are thrilled the company’s stock has surged by 40 percent this week. 48North recently launched a brand of accessories, F8, and announced F8 products would be available through the OCS and Toyko Smoke shops, a subsidiary of Canopy Growth Corp (TSE:WEED) (NYSE:CGC) (FRA:11L1).

1:24:03 – Macroeconomics and Cannabis Analysis with Howard & Ed
-48North (CVE:NRTH) chart: two days ago traded highest volume; broke trend
-Amex chart:
Tomorrow: DNA Genetics, Goldplay Exploration Ltd

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