Midas Letter RAW 99: Eve & Co, C21 Investments, Technical and FUNdamental Cannabis Analysis

2,997 views · Published 9 November 2018 · 1:31:59 · Indexed 12 November 2026

Channel: Midas Letter · 2018 · News & Politics

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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
-Wayland Group (CNSX:WAYL) CBD Italian Factory deal for sustainable CBD products in Italy (now in Italy, Switzerland, Germany)
-MedMen deal with Canaccord Genuity, short form prospectus
-Aurora Cannabis (TSE, NYSE:ACB) earnings announcement Monday
-Brinks (NYSE:BCO) and Canopy Growth (TSX:WEED) security and logistics deal 
-Beleave (CNSX:BE) applies cannabis retail sales license, 9 locations in Ontario
-ML indexes: blood in the streets day
-Auxly (XLY); fundamental analysis: bad history; egregious financing; legitimized by BMO; better as Cannabis Wheaton; became Auxly; today big loss
-Auxly technical analysis: volatile; the fundamentals will have to meet the valuation
-Heritage Cannabis (CNSX:CANN) 400M shares out; not a buy today; facility in the free trade zone of Fort Erie
-Crown Mining Corp (CVE:CWM), just had a historic day of volume trading

29:03 - Eve & Co Inc (CVE:EVE) (OTCMKTS:EEVVF) is a women-led company that prioritizes female cannabis consumers. CEO Melinda Rombouts knows that while the appeal of dried flower is universal when it comes to cannabis, derivative products have tremendous potential with female consumers.

41: 33 - Video - Women in Cannabis: A look at how women participate in the cannabis space and the different ways women consume cannabis. With JB Lauzon.

45:13 - Macroeconomics and Cannabis Analysis with James & Ed
-Drone Delivery Canada Corp (CVE:FLT); on a run; declining wedge, but breaking out of the pattern
-lithium; market manipulation?

59:50 - C21 Investments Inc (CNSX:CXXI) is a US-based, vertically integrated CBD product company operating in Nevada and Oregon. CEO Robert Cheney explains that the company’s products are on the shelves of 350 to 400 retailers in Oregon and its lifestyle brand, Phantom, has been sold in the state for a decade.

1:11:30 - Macroeconomics and Cannabis Analysis with James & Ed
-James disputes Robert Cheney’s assertion that the US has proven lifestyle brands that are scalable; can't export product but can scale brands and expertise; Canadians have no brands and no connectivity to costumers
-S&P
-reverse head and shoulders; health of broader markets impacts cannabis market
-MedMen, leaders on the retail side; well positioned for legalized
-GTEC Holdings; double bottom in the making?

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