CTST - VIDEO Round-Up: Lift & Co. Cannabis Expo 2019
During the Lift & Co. (TSXV:LIFT,OTCQB:LFCOF) cannabis expo in Toronto, investors were able to learn key findings about everything from edibles to retail and the way the investment market is behaving this year.
During the full swing of the event, INN caught up with a few executives from marijuana players in the public markets. Additionally INN spoke with investment and research experts.
Here the Investing News Network (INN) brings readers a recap of all the video interviews conducted during the extensive marijuana conference.
1. 48North Co-CEO: Perks of Outdoor Growing
Jeannette VanderMarel, co-CEO of 48North Cannabis (TSXV:NRTH), told INN about the key advantages the firm had gained thanks to its brand new outdoor grower license for cannabis. The company plans to use a large portion of its new production for products set to be legalized in Canada with the entry of edibles and infused items.
2. High Tide Exec: Edibles Give Retail Chance to Stand Out
Nick Kuzyk, chief strategy officer and senior vice president of capital markets with High Tide (CSE:HITI,OTCQB:HITIF), talked about the importance of the retail market as the firm has been able to expand its presence across Canada.
3. Organigram CEO: NASDAQ Offers Mature Investor Reach
Greg Engel, CEO of Organigram Holdings (NASDAQ:OGI,TSXV:OGI), talked about where his company is heading after securing its NASDAQ listing. The executive confirmed the growing interest of mature investor thanks to its senior US listing.
4. Peter Aceto: Cannabis Edibles Sales Not Likely Until 2020
Peter Aceto, CEO of CannTrust Holdings (NYSE:CTST,TSX:TRST), talked with INN about the significance of social investment as the firm launched a new social campaign in Canada. Aceto commented on the investment shift from Canadian plays to US-focused companies in the public sector.
5. Ashley Chiu: Budtenders to Play Key Role in Edibles Market
Ashley Chiu, EY’s cannabis strategic growth and risk leader, talked to INN after her panel at the show about the impact edibles will have in the Canadian market once these items become legal later in 2019.
6. Morgan Paxhia: Interest Shifting to Ancillary Cannabis Market
Morgan Paxhia, managing partner and co-founder of San Francisco-based Poseidon Asset Management, expressed surprise for the interest from investors in the growing aspect of the cannabis market compared to ancillary options. However, he said a shift is starting to take place for the adjacent plays in the market.
Don’t forget to follow us @INN_Cannabis for real-time news updates!
Securities Disclosure: I, Bryan Mc Govern, hold no direct investment interest in any company mentioned in this article.
Editorial Disclosure: High Tide is a client of the Investing News Network. This article is not paid-for content.
The Investing News Network does not guarantee the accuracy or thoroughness of the information reported in the interviews it conducts. The opinions expressed in these interviews do not reflect the opinions of the Investing News Network and do not constitute investment advice. All readers are encouraged to perform their own due diligence.