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