Look Who it Was Random video

Midas Letter RAW 105: Bayhorse Silver, Adelaide Capital Markets, Macroeconomics & Cannabis Analysis

1,528 views · Published 19 November 2018 · 1:33:00 · Indexed 23 September 2026

Channel: Midas Letter · 2018 · News & Politics

Watch on YouTube

Midas Letter RAW highlights the stocks and stories to watch in the Canadian markets today. James West and Ed Milewski 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 - Macroeconomics and Cannabis News and Analysis with James & Ed
Trulieve (CNSX:TRUL) 22% revenue growth (leadership role in terms of revenue among LPs)
-Radicle gets license for rec and medical cannabis; Canopy Rivers investment
-Khiron Life Sciences Corp (CVE:KHRN) approx. 5000 plants for research in Latin America
-Pivot Pharmaceuticals (CNSX:PVOT) awarded 4 patents
-Origin House (OH) subsidiary completed sale of shares; as a result Australis Capital paid $3M by OH
-Namaste MD (CVE:N) and Cannabis Compliance providing support to micro cultivators
-Radient (CVE:RTI) 13 patent applications in US for cannabis biomass; filed 32 patents in 2018 (Aurora property)
-Bought deal: MedMen (MMEN) just got $75M bought deal (down from an announced $125M, unusual); chart halted
-financial engineering going on in these shares with some of these recent listing
-S&P chart: down

19:42 - Bayhorse Silver Inc (CVE:BHS) President and CEO Graeme O’Neill believes silver prices are due for a rebound and that’s why he’s excited about bringing Bayhorse’s historic silver mine in Oregon back into production.

25:03 - Macroeconomics and Cannabis Analysis with James & Ed
-Farm Bill
-Rate hikes in December probably take stocks lower; tax law selling usually ends by December 15
-Aphria Inc (TSE:APHA) breaching recent low; rolling over?
-Canopy Growth Corp (TSE:WEED) wants to see support levels hold
-ML indexes review - large cap: still a net win for the year; still up 100% on the year
-large cap down approx. 5% on day; TGOD down 7% and Canopy Growth down 6.78%
-CSE Index: now has big names Curaleaf, MedMen, Green Thumb, etc (used to be speculative, early stage)

38:37 - Adelaide Capital Markets works primarily with private companies in the mining, cannabis, technology, health care, and industrial sectors. Partner Jackie Kelly shares details of her visit with Avicanna Inc CEO Aras Azadian at Avicanna’s at Johnson & Johnson’s J Labs Facility in the Mars building.

51:15 - Macroeconomics and Cannabis Analaysis with James & Ed
-change in MedMen's bought deal is serious
-unreasonably high valuations 
-YouTube viewer questions: Q: What do you think of Choom Holdings Inc (CHOO) A: Aurora biggest shareholder, in a good position
-Q: which companies stand to gain by the legalization of hemp with the Farm Bill? A: Charlottes Web, but also any company in the hemp space
-Q: JUJU has some explaining to do? A: Mostly done what they said would do, but haven't closed on financing; bad timing, poor structure

1:03:00 - Ask Me Anything
-Q: How will edibles affect cannabis stocks? A: plus in terms of wholesale material, but will take away from smoking/dried flower; net wash?
-Q: What 3 cannabis companies are you watching in 2019? A: Heritage Cannabis (CANN); Trulieve because of reporting financials/income; Green Growth Brands (GGB) because of its reasonable valuation and leadership's deep brand and retail experience; High Hampton (HC)
-Q: Which AI companies will take off? A: Time Machine Capital 

1:11:32 - Macroeconomics and Cannabis Analysis with James & Ed
-ML indexes review
-Sokoman down slighty; Aben Resources down slightly
-ML Watch List: RED
-S&P: red day in the S&P, red day in cannabis stocks; evidence of a bottoming
-S&P and ML large cap chart comparison; correlation
-Cannabix (BLO) admitting the Dreger isn't going to be a useful device for testing?
-FluroTech (TEST) also has a testing device; will test on air; resolve OCS packing issue; also developing a roadside tester

************************

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

More from this channel