Aaron Edelheit is high on Cannabis stocks
Aaron Edelheit is high on Cannabis stocks
Aaron Edelheit returns to the podcast to discuss all of the opportunities he’s seeing in the cannabis world and why he’s chosen now to launch a Cannabis focused fund.
Aaron’s Cannabis manifesto: https://mindsetvalue.substack.com/p/the-cannabis-manifesto
Seth Rogen profile I mention during the pod: https://www.nytimes.com/2021/04/20/magazine/seth-rogen.html
Chapters:
0:00 Intro
2:45 Why is Aaron launching a cannabis fund now?
12:00 Professional athletes and cannabis
16:55 How Cannabis today reminds Aaron of single family homes after the GFC
26:50 Aaron’s views on federal legalization
37:35 Is Aaron more interested in the direct cannabis plays or the “picks and shovel” providers?
45:50 Using Verano to highlight the growth and valuations Aaron is seeing
54:00 Will the industry stay vertically integrated, or will we start seeing more focused players?
58:55 The tax issues with cannabis plays and why EBITDA is so important here
Great watch here. Love the passion. Will be looking into this fund.
After tomorrow most MSOS and US cannabis OTC stocks will have their assets and transaction frozen by JP Morgan and Gang. Moving forward these companies will start to lose revenue as they are not able to enjoy equity liquidty neither debt acquision from banks. Losses will increase for upcoming reports and shares will start to decline until positive arise. By the time legalization happens all msos will be bone dried while LPs will walk over to takeup these businesses as the newly reform multi-state operators and M&As will start to happen. Stocks like Tilray will boom beyond 400 and will remain profitable throughout the years. I wish all US-Cannabis OTC companies goodluck and have fun. -Cheers (big red gap tomorrow R.I.P)
As a clinical pharmacist I agree with all Aaron’s views on cannabis vs Rx medications. However, I lost over $3000 on Glass House and Pres. Joe B is doing 1. Nothing in general, and 2. Nothing on cannabis. Not in a hurry to invest in it again.