Business
In this episode we are joined by seasoned cannabis investor and all around gentleman Nick Gastevich (known online as CannaVestments). You can find Nick on linkedin @ https://www.linkedin.com/in/nicholas-gastevich-75841346/or see his family office website @ https://www.vginvests.com/ The 4 “next tier” MSOs we cover are: 1) Columbia Care 2) AYR Strategies 3) TerrAscend 4) Jushi We discuss: - Why it’s important to dig into these mid-tier MSOs - How these players have a chance to out perform through M&A - How investors should analyze these company’s footprints - Why fundamentals and IR mismatch can be an opportunity - Which companies we like the most from a value perspective For each company we do a deep dive on: - The footprint and “core markets” - Which markets are the most attractive - How we think the company will perform in 2021 and beyond - How M&A has shaped the company - Revenue and EBITDA multiples - Valuation: where do we see value? Thanks to Nick for joining us – his insights are always greatly appreciated