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| Name | Echelon Wealth Partners on Potential Cannabis-Brewing Partnerships |
| Video Uploader | Video From Real Economist |
| Upload Date | This Video Uploaded At 24-08-2018 13:05:19 |
| Video Discription | Echelon Wealth Partners equity analyst Russell Stanley joins James West to chat about the Canopy Growth-Constellation deal and the mainstreaming of the cannabis industry globally. Stanley acknowledges that the Constellation deal, in combination with the partnership between Molson and Hydropothecary, “confirms the big beverage players have an interest in cannabis, and those without a dance partner are going to have to find one soon.” Stanley suggests Aurora Cannabis Inc (TSE:ACB), CannTrust Holdings Inc (TSE:TRST), Hydropothecary Corp (TSE:HEXO), and OrganiGram Holdings Inc (CVE:OGI) are potential candidates for the next big deal between cannabis and brewing industries because these companies have large-scale, fully-financed production platforms and sales agreements with multiple provinces. Stanley regards US valuation multiples as too low compared to Canadian multiples, and believes cannabis investors are going to take advantage of lower American valuations. ************************ Check out our website: https://midasletter.com ************************ SUBSCRIBE to our YouTube: http://bit.ly/MidasLetterYoutube 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 ************************ #Cannabis #Analyst #WeedStocks [rTomSYLLG-k] |
| Category | News & Politics |
| Tags | economy | news | cannabis | investing | companies | weed stocks | pot stocks | echelon wealth | analyst | aurora | organigram | canopy | brewing | molson | alcohol |
