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Midas Letter RAW 22: Steve Misener, Newstrike Brands Ltd, WeedMD Inc & Biome Grow

435 views · Published 31 August 2018 · 1:23:12 · Indexed 16 October 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 private investor Steve Misener, CFA 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.

11:42 – Newstrike Brands Ltd (CVE:HIP) (OTCMKTS:NWKRF) (FRA:0N8) CEO Jay Wilgar discusses the company’s rebranding strategies after the CanniMed Therapeutics Inc transaction collapsed and CanniMed were eventually acquired by Aurora Cannabis Inc (TSE:ACB) (OTCMKTS:ACBFF) (FRA:21P). The CEO highlights the company’s wholly-owned subsidiary Up Cannabis and its two licensed facilities. 

37:41 – WeedMD Inc (CVE:WMD) (OTCMKTS:WDDMF) (FRA:4WE) CEO Keith Merker discusses the termination of the company’s previously announced Arrangement Agreement with Hiku Brands Company Ltd (CNSX:HIKU) (OTCMKTS:DJACF) (FRA:D98) and its new financial and operational position. In the past few months, WeedMD has commissioned the expansion of its Strathroy greenhouse, signed a supply agreement with Shoppers Drug Mart and secured supply agreements with the Alberta Gaming, Liquor and Cannabis Commission as well as the British Columbia Liquor Distribution Branch.

55:28 – Biome Grow Interim CEO Khurram Malik outlines the company’s plan to win the East Coast market despite being a relatively new entry to the cannabis field. The company’s leadership has considerable institutional knowledge in the cannabis industry as well as significant corporate management experience, which gives Biome an advantage over other cannabis start-ups. 

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