Happy Friday: Peggy Don't Mess Around | Cannabis Daily September 17, 2021

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Episode Summary

Beverage space is definitely going to be a sector. So alcohol needs to honestly start moving into the sector soon because you already saw Tilray's acquisition of Sweetwater.

• NASDAQ:$ACB
• NASDAQ:$UGRO
• OTC:$CANN
• NASDAQ:$TLRY

Cannabis Culture:

• A dispensary in Arizona is raising money to fight breast cancer. The creative way by trading old bras for new products.

• CEO of Curaleaf OTC: CURLF yesterday announced a new project that will release a product that gets you high in increments of, in increments, similar to alcohol, but a great alternative for those that don't like alcohol.

• College age adults are getting high at historic levels. College students are using cannabis and psychedelics at a higher rate than past years.
• Tennessee granny flips off the police in a mugshot after a Cannabis farm bust.

Hosted By:

Elliot Lane

Aaron Thomas

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Unedited Transcript:

Y'all it's Friday happy Friday Elliot lane here with cannabis daily. I hope all of you have had a successful, we can trading. It's definitely been up and down, uh, for myself, but I think we're ending the week on a high note. So very excited about that. Uh, as promised Aaron Thomas is coming on in a little bit with some cultural news, uh, devil or nothing today, my friend.

Well, let's go ahead and dive into some stocks. Pablo's one. From Cantor Fitzgerald, uh, lowers the price target again for Aurora cannabis. That's ACB to $8 30 cents Canadian from $9 Canadian. The medical sales domestically make up about 90% of earnings in. Just leading that segment of the industry in Canada by massive amounts, but their recreational sales continue to take hits and decline.

So Pablo is neutral on them. Uh, he's not bearish at this point. Um, and he's not at a sell at this point, but you know, nice to note that they could be a medical leader, but they are not, uh, making the strides they need on the recreational side. So, uh, we'll continue to monitor that. I think a watch list or.

Uh, not quite ready to throw in some money there, keeping an eye on urban grow. That's UGR throw on the NASDAQ. I don't want to see them hit another low, uh, on the monthly charge. I want to see them a rise from where they are and if they do, I think, uh, the stock. I have a very nice into the year. B M M J that's body and mind closes in Ohio dispensary and processing facility with a mix of cash and stock, uh, body and mind, according to paradigm capital, uh, on the last.

Is that 41.9%. Y'all 41.9%. They're not a high price in terms of their share price, but, uh, I love Mike Mills. I think he is a really, really phenomenal CEO in this space. Uh, and he has been relatively quiet until 2021. Uh, now he's starting to make moves. So B M J on the OTC, uh, Uh, and I will continue to be in Mike's court for the time being a terrorist NTRs SF receives Michigan pre-qualification approval for gage acquisition.

Uh, so great news there, uh, in M S O S that is the ETF from advisor shares is up 8% on the year, uh, at a good point right now for them to see a nice little rebound upwards. Uh, so let's see what they can do over there, but, uh, that, that is good news. And I think. Uh, MSOE is about to see a nice spike. Uh, that's it for me, Aaron Thomas, are you there?

My friend, what's going on? Zinger nation. Thank you for tuning into cannabis daily. Uh, you know, Elliot's been killing it throughout the week and you know, I wasn't, I wasn't on the podcast last week, but hopefully, you know, I make up for it this week as Elliott. Allie has been teasing all week. You know, we're excited over here.

Let's get into it first up. So Arizona dispensary beach is trading pre-rolls for bras to fight breast cancer. A dispensary in Arizona is raising money to fight breast cancer. The creative way by trading old bras for new products. I love that. Yeah, that's a good example. I mean, we're seeing a lot more, we talked to Cameron Forney yesterday.

I know you're going to get into that in a second, but, uh, you know, to see this industry take up arms for battles we've been fighting for decades, uh, I think is only going to help move this industry forward further. And that's a selfish statement, I guess, on my own part, but, uh, we're a community we're all in this together.

And I love hearing stories like. Yeah, same. Um, also Cameron Forney. Uh, I'm going to get into that in a second, but he also did touch on, uh, you know, the packaging, uh, in cannabis and how it's, you know, very atrocious and everything. And this got, got me to, uh, got me to thinking, you know, the different types of initiatives that, you know, cannabis could introduce such as, you know, recycling programs for discounts, you know, things that could reduce the overall.

Uh, you know, waste, I guess, something more sustainable. Yeah. Well, we talked about Hexo doing that. They reached carbon neutrality, um, by basically eliminating what would be about three and a half million, tons of plastic water. Um, or three and a half, uh, sorry, not three and a half million tons, three and a half million plastic water bottles.

Um, so I mean, Hexo is doing it in Canada. Uh, obviously clearly if making an effort to do it here and Cameron with his mentors, I, I it's just so important. Investors are, are actively looking for who has sustained. Yep. Absolutely. And, and the retail investors as well are looking for, you know, that long-term play.

And then for company aligns with their goals, then. So moving on, you know, more on Cameron Forney guys, if you guys didn't tune into the Benzinga cannabis, our catch us weekly 4:00 PM to 5:00 PM Eastern on Benzingers YouTube channel. But yesterday we were joined by Cameron Forney, the president of select and special advisor to the CEO of curely yesterday.

He announced a new project, a hyperscale ventures that looks to release a product. That gets you high in increments of, in increments, similar to alcohol, but a great alternative for those that don't like alcohol, what do you think, Elliott? I mean, it's brilliant, you know, and I've always asked the question is the cannabis beverage space going to be closer to cannabis or alcohol?

And to me, this venture makes it closer to alcohol, but almost better than alcohol, you know, this is, I mean, it's so much better for you than alcohol, and that is a scientific fact. So I mean, the fact, if he can be successful with this, this is, uh, an incredible step for this segment of the canvas. Most definitely.

Um, I'm very interested in following this project and hearing more about it. Um, so moving on just a few more news items or cultural news items, I should say. Uh, if you haven't heard college age, adults are getting high at historic levels. Elliott, uh, college students are using cannabis and psychedelics at a higher rate than past years.

While alcohol use is at a record low, you know, It's their laundry gateway drug. You know, I think we should all get rid of that terminology. Um, it's no longer a gateway drug. Um, and that, that being said, it's not legal everywhere. So, you know, if you're, if you're smoking in a state where it's not legal, Be be, be careful, be safe.

Yeah. Um, you know, and, and psychedelics, you know, that's, that's a whole other discussion that I'm not going to advise anybody on, on this podcast, but, uh, it's not ultimately surprising. So, you know, and, and I think there's a comparison there with alcohol. Right. Um, let's see, in terms of like alcohol use going down.

Yeah. So, uh, Let me find here. Um, well it essentially, I mean, basically cannabis use is going up. Alcohol use is going down. Yeah. I've been going down since 1980 is what he was saying. So. Pretty cool to see. I mean, it is, I like seeing this and hearing about it because, you know, it's, it's great to hear that teens aren't getting, you know, like blackout, um, alcohol, um, every week they're, you know, controlling themselves.

They're having real relaxed nights and with cannabis, they're allowed to, you know, control, you know, their, their high a lot more, or, you know, their night to be more safe and such. Yeah. I mean, It's encouraging for this industry. It should be. And I think you can mix the two spaces with what Cameron's doing with what can C a N N is doing as a brand.

Uh, canopy and air are both making steps in the beverage space. It's going to be a sector. So alcohol needs to honestly start moving into the sector soon because you already saw till Ray's acquisition of Sweetwater. Last three flights, Ivonne I've been on, I've had a Sweetwater. You know, so, I mean, they're everywhere like Tilray is, is already making moves into the alcohol space.

I don't know what the alcohol space is waiting on in terms of getting into the cannabis space. Anyways, that's a longer conversation maybe for a canvas, our most definitely. And from me the last item, let's end it on, you know, a light hearted, you know, funny note. So in Tennessee, a granny. Uh, it was a granny has been caught or not caught.

There's an article that states that granny flips off the police in a mugshot after a cannabis farm bust. Yes. This Tennessee woman was not about to go down without making a statement. Uh, so apparently when law enforcement officers searched the elderly women woman, And farm last Monday in Jackson county, Tennessee, they definitely got more than what they bargained for.

Uh, Peggy Brewington told officers there was maybe announced maybe an ounce of pot on our farm before officers searched the premises and found dozens of cannabis plants, and 20 pounds of.

Lea crud pet Peggy don't mess around, man. Peggy is about to become an industry hero. I'll tell you that right now, if that picture goes viral, which you may already have, that you got. Uh, keynote at one of our events I'm coming. She's got her mask on. It looks like it might be a Hawaiian shirt. And, uh, she's definitely showing no emotion.

Just flipping off the camera. It's fantastic. She's like down with this BS. Oh man. That's great. That was a good one to end on Aaron. Thank you. Yeah, of course, of course. Happy to do it for you guys and zinger nation out there. Thank you for tuning in, uh, you know, I hear that we have. Listeners tuning in from all over the world.

First of all, wanna thank all of you guys out there and singer nation, wherever you're joining from. Thank you for joining us, uh, daily cannabis, uh, for cannabis daily, for stock ideas, you know, trade, trade ideas and news, but we, we appreciate you guys. Absolutely. And Aaron, appreciate you, my friend. Thank you for doing this every Friday.

Uh, we'll see you guys on Monday until then have a fabulous. Yep. Thank you. Thank you everyone. Take care.

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