Midas Letter RAW 111: Charting Man Dan, Cannabis Compliance, James in Cali, & Cannabis Analysis

Watch all interviews aired on this show as individual segments on Midas Letter Clips: https://www.youtube.com/channel/UCkoiRxnuGEgsimUiHOj4SVA?view_as=subscriber?sub_confirmation=1 Midas Letter RAW highlights the stocks and stories to watch in the Canadian markets today. Ed Milewski and Brandon Colwell provide 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 – Skype visit with James West in California -Midas Letter America location scouting (won't replace Midas Letter in Toronto) -ML America to cover US cannabis space -US market is going to scale a lot quicker; but at this point only about 20 names worth talking about (and trade on Canadian exchanges) -cannabis is now just another consumer product - BridgeMark Group is a crypto-cannabis story: dubious financial communications; problem of the check swap (BC Securities Commissions); it's about creating a level playing feel -retail investor needs to do due diligence; buyer beware 12:52 - Cannabis News -Aurora Cannabis announced first shipment to the Czech Republic (Czech Medical Herbs); now in 21 countries -Canopy Growth Corp (TSE:WEED, NYSE:CGC) agreement with Cattelle for product transfers in USA (for research) -Origanigram supply agreement with Saskatchewan (now 9 out of 10 provinces) -WeedMD deal with Isreal-based research company -South Korea legalizes medical cannabis -Body and Mind Inc completed the first shipment of cannabis beef jerky products in Oregon ($1.5B market in US) 16:01 - Macroeconomics and Cannabis Analysis with Ed & Brandon -South Korea -everything's quite red today -BridgeMark Group: BCSC places "trading ban" on company (various consultants can't participate); investigation; 11 public companies implicated; uprising of investors 27:38 - Charting Man Dan McDermitt of The Chart Guys begins his weekly Midas Letter appearance by discussing the consistent bearish reaction to earnings statements in the cannabis space. 43:44 - Macroeconomics and Cannabis Analysis with Ed & Brandon -ACB has breached $7.25; like to see candle up; if it doesn't, probably go to the $6.67 mark -Aurora chart: if I was going in, I'd put a stop in -Q: Do you think Acreage listing on the CSE but keeping stock in USD is a slap in the face to Canadian investors? A: most of the money that come into the company probably from US; US investors didn't want to change money; Canada got the listing though 50:17 - Video - Shades of Grey: Mike Morgan, of The Green Chef, is a grey market cannabis caterer and caters private events for medical and recreational consumers. 53:46 - Macroeconomics and Cannabis Analysis with Ed & Brandon -Q: 1933 Industries (TGIF); don't have an outrageous market cap; Nevada has over 44M tourists a year; tourist margins huge -Q: WHO second conference on cannabis: if they take positive stance on medical, huge for international markets; probably won't affect the stock market -Q: What are the odds of a 3:1 split for Wayland Group? A: talking about a reverse split (AGM circular); never seen a positive share price that day, but long term it might help; if it's to get on a major US exchange, might need the liquidity etc -ML indexes: Ed worried about Aphria and ACB's lows; large cap is down 1.3%; CSE: down 4%; other two down 7-8%; article about TSXV in trouble -S&P 500: rebounded during the day -good close for Aurora 1:06:16 - Cannabis Compliance Inc Vice President Deepak Anand shares his views on the supply issues plaguing both the recreational and medical sides of the cannabis space in Canada. 1:19:19 - Macroeconomics and Cannabis Analysis with Ed & Brandon -Q: will Aphria continue to fall? A: definitely possible, broke support Tomorrow: Terry Donnolly (BEER), Steve Misener ************************ Check out our website: https://MidasLetter.com ************************ SUBSCRIBE to our YouTube: http://bit.ly/MidasLetterYoutube SUBSCRIBE to Midas Letter Clips: https://www.youtube.com/channel/UCkoiRxnuGEgsimUiHOj4SVA SUBSCRIBE to our Newsletter: http://bit.ly/MidasLetterNewsletter Download Our Podcast on iTunes: http://bit.ly/MidasLetterPodcast ************************ Follow Us on Twitter: http://bit.ly/MidasLetterTwitter Like Us on Instagram: http://bit.ly/MidasLetterInsta Like Us on Facebook: http://bit.ly/MidasLetterFacebook ************************ #MidasLetter #TechnicalAnalysis #WeedStocks