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Midas Letter RAW 40: Tilray Inc (NASDAQ:TLRY) , Golden Ridge Resources, & Cannabis Compliance

1,173 views · Published 31 August 2018 · 1:31:48 · Indexed 25 September 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.

18:25 – Tilray Inc (NASDAQ:TLRY) (FRA:2HQ) CEO Brendan Kennedy discusses Tilray’s path toward becoming the first cannabis company to IPO on the US Exchange. The key to Tilray’s international growth is its facility in Portugal, which allows for both indoor and outdoor growing, and tariff-free access to European Union markets. 

33:28 – Golden Ridge Resources (CVE:GLDN) (FRA:44G) CEO Mike Blady believes Golden Ridge’s stock is trending upward as a result of the discovery announcement after a slow summer period. Blady expects more drill results to be released in two weeks, pending a successful QAQC.

49:38 – Cannabis Compliance Vice-President Deepak Anand and Director of Strategic Sales Michael Elkin discuss regulatory compliance from cultivation to sale. The company represents applicants looking to obtain growing licenses from Health Canada in addition to working with approximately half of the existing 115 LPs in the country looking to expand. They discuss how Canada’s significant supply of cannabis is uniquely suited to meet the growing needs of the international market, especially in Germany, a country unlikely to develop domestic cultivation. 

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