Rescheduling Reaction and Earnings Review With CannaVestments

23/05/2024 1h 16min Temporada 2 Episodio 21
Rescheduling Reaction and Earnings Review With CannaVestments

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Episode Synopsis

Nick Gastevich, known as CannaVestments online, joined us this week. He is one of the most experienced cannabis investors  and manages a family office that is active in the space.  We discussed cannabis stock’s adverse reaction to the positive momentum on rescheduling and debated time frames for a final ruling. The heart of the conversation centers on first-quarter earnings, and we evaluated top-line growth and EBITDA conversion and analyzed cash flow metrics. The conversation concludes with an evaluation of different factors investors can use when analyzing cannabis stocks.