In the fifth episode of their EXTRACTED podcast, presented in partnership with Leafly, Valens GroWorks Corp (CSE:VGW) hosted Bruce Campbell to discuss investing in the cannabis market.

Campbell is a Founder and Portfolio Manager at StoneCastle Investment Management and the Chief Investment Officer of Cannabis Growth Opportunity Corporation (CGOC). During the podcast, he addressed the opportunities in the cannabis market, suggesting that it might be one of the most important markets in the next ten years. He also indicated that the transition from the black market to legalized frameworks has happened much faster than he could have anticipated.


He also addressed valuations and how hard it can be to interpret the fluctuating company valuations we have seen recently. He suggested that the main reason behind this is that there is no standardized approach to accounting and reporting for cannabis companies. What he and his company do when assessing a potential investment in the space is analyze the measurable aspects like what’s being produced, how much is being produced, cost of production, sales, cost of sales and selling price.

Across the remainder of the interview, Campbell also addressed how to separate the high-performers from the chaff, discussed what the next wave could be in the industry and provided advice for potential investors.

To listen to the entire podcast episode, click here.

Click here to connect with Valens GroWorks Corp (CSE:VGW) for an Investor Presentation.

Source: www.valensgroworks.com

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  • Company sale leaseback transaction with Innovative Industrial Properties scheduled to close within two weeks. As a result of close, together with proceeds from the recently closed bought deal financing, the Company will have $16 million of cash and $43 million in long-term debt
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  • Initial guidance for 2021 with Systemwide Pro Forma Revenue of $170 -180 million and Adjusted EBITDA of $40 -50 million
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Third Quarter 2020 Financial Results Highlights

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  • Q3 Systemwide Pro Forma Revenue increased 18% quarter-over-quarter to $22.3 million , 170% year-over-year – Company became cash flow positive from operations in August
  • Company sale leaseback transaction with Innovative Industrial Properties scheduled to close within two weeks. As a result of close, together with proceeds from the recently closed bought deal financing, the Company will have $16 million of cash and $43 million in long-term debt
  • Company is in the process of acquiring acreage to construct up to 210,000 square feet of flowering canopy and supporting manufacturing facility in Cook County, Illinois to exponentially increase capacity in state
  • Initial guidance for 2021 with Systemwide Pro Forma Revenue of $170 -180 million and Adjusted EBITDA of $40 -50 million
  • The Company’s existing projects at maturity represent a long-term revenue and EBITDA opportunity upwards of $650 million and $250 million

4Front Ventures Corp. (CSE: FFNT) (OTCQX: FFNTF) (” 4Front ” or the ” Company “) today announced its financial results for the third quarter of 2020. All financial information is presented in U.S. dollars unless otherwise indicated.

Third Quarter 2020 Financial Results Highlights

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