I like Simon, but honestly, he isn't very spontaneous in an interview. He kinda likes to rehash the same facts in a calculated manor without taking many questions. I would like to see him be more personal in this type of format.
New rule - all Friday shows HAVE to have a mic drop moment of SOME sorts, even if its recorded in advance! lol thanks for all you do and for the solid panel discussion, love and respect
Could you and Anthony do a review/run down of leading US cannabis companies and which seems to be the strongest or best run. Obviously it’s not investment advice
LPs need to get more proactive and work together to lobby and get their comms across. Things change when the pressure is applied, all you hear is constant moaning from the companies. I can not believe an industry paying that much in tax has no clout with the government!!?
Don't feel bad US politicians are ignoring it too. Canadian government may be bleeding the Cannabis Industries through high taxes, but at least yall got Federal legalization. In the US the income from cannibis business are still subject to federal tax laws. While the industry is prohibited from claiming certain deduction and credits for Fedral tax purposes. AND CANNABIS IS STILL FEDERALLY ILLEGAL IN THE US.
I suggest a Cannibis Czar to work with the different government agencies like DOJ, HHS and DEA. My pick for US Matt Gaetz who is already a lawyer, who I'm sure is smart enough to tackle cannibis laws.
When it comes to cannabis and taxes the greed level of most governments is shameful. Through egregious taxes the governments are enabling the illicit markets and they really don't care about cannabis jobs, economy or development as long as they get their taxes..Governments have the mindset of extortionist and act like monetary sadist when it comes to weed.
@@Mr1tholozan Taxes are just crowd funding for the things we all use. It is not the tax it is how it is administered. Govt is just the head office for the country. A good admin will make or break a company or a country. Elect Public Servant not ones with their finger in the till. Vote better, Get better.
We need a Cannibis Cazar for the industry. Someone to work with government agencies, DOJ,DEA and HHS that are involved in decisions regarding Federal ligalization. Someone like Matt Gaetz.
Exactly you would think ensuring products are safe for human consumption would be a priority for any government, but apparently not. I guess stealling most of the profits from the industry is more important.
David Klein you should be ashamed of yourself for what you and CGC have done to acreage investors. You should have done a 1-1 for those investors. We need to do better.
Here in Vancouver and surrey BC no one smokes dispensary or legal market weed it’s so bad. I pay more for grey market grown. Vancouver has the best weed in Canada , just don’t go to the stores you’ll only be disappointed
I hear this all the time about weed... Anybody can grow pot... It's not about the plant itself. Cannabis is a commodity like any farm produce. It's the CBD and THC it produces. Licensed Brands created with these additives is what creates a moat. Anybody can distill alcohol too but it's regulated by the government and licensed brands dominate the field. One certain company has ties to Molson, Budweiser and Altria. I'll leave it at that
Wow here Canada has been legal federally for 6 years. It seems like they are still having similar problems in US where cannabis is still Federally illegal.
@@am_finance1 yep but all companies will dilute to raise money thats why they list on exchanges in first place. The problem is when they completely destroy the stocks value and invesotr interest because of it. you can look up diltution rates of each company. I highly recommend you do this before investing or you will def get destroyed.I invested in Tilray and aphria before and did extremely well but its not the same anymore.
I need to just legalize the medical marijuana flower anyone over the age of 20 leave the oil to the medical Center. The reason people are getting screwed over because someone at the top believes the money is in the medicine of the plant when the money is in the products plant can make the money is not in the medicine of the plant, you could make more money, the United States army Navy military uniforms using hemp also their toothbrushes, silverware paper plates, and cups, you could make more money, turning all the silverware and paper plates and cups in fast food, restaurants using hemp
That's his normal appearance, I've been a VFF shareholder for years and have seen him In dozens of presentations and interviews. There was a time when I wished that he would hire a more polished mouthpiece as a spokesperson for the company. His style has grown on me and I now actually find his approach a little refreshing. .
Goodness me! the industry did not exist 6 years ago! They have 60-70% of it now and they are complaining? Let’s compare apples to apples. Canada pays for the healthcare of the employees of these companies. a CPG corp gross margins are avg 26% Excise tax 100 million, 4 million making enough to pay income tax. The income tax august 40% 60-70% of an industry that was 0% in 2018. I would say the Canadian government has given us a gift of enormous proportions. Cannabis is a commodity. Should be sold by the bushel not the ounce. The illicit market has dropped off by 70% It looks to me folks entered this with unreasonable expectations. They are still much farther ahead here than they are anywhere in the world. I am glad they are starting to work together. With 1 voice advocate for farmgate, canna tourism, excise, stamps, to be treated like wine. The govt said they would make incremental change and that is what they have done. The job losses are from economies of scale normal in emerging industries. Trudeau will get my vote every time he stands for election in gratitude for freeing the plant for the world.
@@wessproule5779 Trudeau is even worse than Biden. Shocked that Canadians just sat there while he imported extremists who are attacking citizens and weekly protests
@ Then you are being swayed by propaganda not facts. Why would any Canadian vote for the guy who raised the retirement age to 67 over the guy who put it back where it belonged? I was ready to go to Ottawa then I looked up who was behind the MOU….. DYOR applies in all aspects of life not just weed. Btw, I attended the investor meeting at 33 Bat St when Bruce took it to the NYSE. I pay attention
@@happyglass8698 Guess you like the extremists Justine let into the country. Attacking Christians and Jews and creating havoc. Trudeau is even worse than Biden. I hope for Canada's sake that Pierre wins and cleans up Justine's mess
Mike sounding like a BOSS
Michael stole the show. Great interview l.
@@robertgrahovar2914 they all did great. Michael is incredible.
Awesome Canada video! Thank you :) wish you had Simon on there as well! Can’t have the big 3 without your number 1
I like Simon, but honestly, he isn't very spontaneous in an interview. He kinda likes to rehash the same facts in a calculated manor without taking many questions. I would like to see him be more personal in this type of format.
Tilray #1 LP.
Facts
Appreciate this channel!
New rule - all Friday shows HAVE to have a mic drop moment of SOME sorts, even if its recorded in advance! lol thanks for all you do and for the solid panel discussion, love and respect
Canadian Cannabis is Booming! 🎉 8yrs Legalized. Go SNDL
Agreed but he’s really tough to get in touch with. We try all of the time.
In Simon's defense, the unending search for new ways to destroy shareholder value leaves little time for interviews.
Could you and Anthony do a review/run down of leading US cannabis companies and which seems to be the strongest or best run. Obviously it’s not investment advice
Great panel Shadd! Awesome job. 😀
LPs need to get more proactive and work together to lobby and get their comms across. Things change when the pressure is applied, all you hear is constant moaning from the companies. I can not believe an industry paying that much in tax has no clout with the government!!?
Don't feel bad US politicians are ignoring it too. Canadian government may be bleeding the Cannabis Industries
through high taxes, but at least yall got Federal legalization.
In the US the income from cannibis business are still subject to federal tax laws.
While the industry is prohibited from claiming certain deduction and credits for Fedral tax purposes.
AND CANNABIS IS STILL FEDERALLY ILLEGAL IN THE US.
I suggest a Cannibis Czar to work with the different government agencies like DOJ, HHS and DEA.
My pick for US Matt Gaetz who is already a lawyer, who I'm sure is smart enough to tackle cannibis laws.
All future acquisitions for Tilray
🌱Bullish 🛎️ 2025 😮 CEO’s reporting positive EPS/Revenues and beating all Analysis expectations from top to bottom.👀✅👏👍🏽
Excellent interview. Thank you
@@simonw.610 thank you Simon. Appreciate the feedback.
When it comes to cannabis and taxes the greed level of most governments is shameful. Through egregious taxes the governments are enabling the illicit markets and they really don't care about cannabis jobs, economy or development as long as they get their taxes..Governments have the mindset of extortionist and act like monetary sadist when it comes to weed.
@@Mr1tholozan Taxes are just crowd funding for the things we all use. It is not the tax it is how it is administered. Govt is just the head office for the country. A good admin will make or break a company or a country. Elect Public Servant not ones with their finger in the till. Vote better, Get better.
excellent , hard to believe theres not a few thousand comments and tons of views
Great interview! We’re you able to ask Michael before or after the interview regarding potential for Texas medical legalization or a trial?
Love the suit jacket with hoodie. Ties off, gloves off, great end of year round up!
Any thoughts on CRON?
We need a Cannibis Cazar for the industry. Someone to work with government agencies, DOJ,DEA and HHS that are involved in decisions regarding Federal ligalization. Someone like Matt Gaetz.
I like Degiglio. Might invest in him.
To all the CEOs, I will sell my business to be on any of your teams, you all made great points and I certainly believe in your dreams!
Exactly you would think ensuring products are safe for human consumption would be a priority for any government, but apparently not.
I guess stealling most of the profits from the industry is more important.
Michael tells it like it is.
David Klein you should be ashamed of yourself for what you and CGC have done to acreage investors. You should have done a 1-1 for those investors. We need to do better.
Here in Vancouver and surrey BC no one smokes dispensary or legal market weed it’s so bad. I pay more for grey market grown. Vancouver has the best weed in Canada , just don’t go to the stores you’ll only be disappointed
Try and bring these same people back in Mid February to see where we are?
So how soon do you think if at all that Trump would be speaking to the general public about cannabis reform.
I hear this all the time about weed... Anybody can grow pot... It's not about the plant itself. Cannabis is a commodity like any farm produce. It's the CBD and THC it produces. Licensed Brands created with these additives is what creates a moat. Anybody can distill alcohol too but it's regulated by the government and licensed brands dominate the field. One certain company has ties to Molson, Budweiser and Altria. I'll leave it at that
Why would you not list all of the major markets the companies are involved in not just the NASDAQ
Also Merry Boxing Day !( is it more about gifts and hockey than pugilists?)
Great interview again. Thanks. And yes, Trudeau failed Cannabis legalization among other things
Where is Raj😮
Wow here Canada has been legal federally for 6 years. It seems like they are still having similar problems in US where cannabis is still Federally illegal.
Keep going
I know this is not live, but let’s chat it up, what are you guys thinking on these comments?
Tilray is Top 5
Top 3 for sure, when he said in the beginning they have the top 3 from Canada I was expecting Irwin Simon on the show.
@@stronecorbett3656 Simon is no longer Canadian. He has become a New Yorker.
top 5 for diluting shareholders maybe. Sticking with Green Thumb, Verano, Trulieve, Curaleaf and might bite on Organigram and Hightide in the future.
@ name a cannabis stock that hasn’t
@@am_finance1 yep but all companies will dilute to raise money thats why they list on exchanges in first place. The problem is when they completely destroy the stocks value and invesotr interest because of it. you can look up diltution rates of each company. I highly recommend you do this before investing or you will def get destroyed.I invested in Tilray and aphria before and did extremely well but its not the same anymore.
great panel let Michael talk to trump, makes sense just like him. trump would get the mess presented here today
Bankrupt Lp’s keeping licenses and re entering the market is bullshit
Sweet
I need to just legalize the medical marijuana flower anyone over the age of 20 leave the oil to the medical Center. The reason people are getting screwed over because someone at the top believes the money is in the medicine of the plant when the money is in the products plant can make the money is not in the medicine of the plant, you could make more money, the United States army Navy military uniforms using hemp also their toothbrushes, silverware paper plates, and cups, you could make more money, turning all the silverware and paper plates and cups in fast food, restaurants using hemp
I agree Trump is more business friendly and a numbers guy. He may make it work for the economic empowerment of the country.
❤
Michael looks upset
That's his normal appearance, I've been a VFF shareholder for years and have seen him In dozens of presentations and interviews. There was a time when I wished that he would hire a more polished mouthpiece as a spokesperson for the company. His style has grown on me and I now actually find his approach a little refreshing.
.
To much complaining.
Goodness me! the industry did not exist 6 years ago! They have 60-70% of it now and they are complaining? Let’s compare apples to apples. Canada pays for the healthcare of the employees of these companies. a CPG corp gross margins are avg 26%
Excise tax 100 million, 4 million making enough to pay income tax. The income tax august 40% 60-70% of an industry that was 0% in 2018. I would say the Canadian government has given us a gift of enormous proportions. Cannabis is a commodity. Should be sold by the bushel not the ounce. The illicit market has dropped off by 70% It looks to me folks entered this with unreasonable expectations. They are still much farther ahead here than they are anywhere in the world. I am glad they are starting to work together. With 1 voice advocate for farmgate, canna tourism, excise, stamps, to be treated like wine. The govt said they would make incremental change and that is what they have done. The job losses are from economies of scale normal in emerging industries. Trudeau will get my vote every time he stands for election in gratitude for freeing the plant for the world.
You had me thinking till you mentioned you’d vote for Trudeau every time and that lost all credibility of you thought process with me at least
@@wessproule5779
Trudeau is even worse than Biden. Shocked that Canadians just sat there while he imported extremists who are attacking citizens and weekly protests
@ Then you are being swayed by propaganda not facts. Why would any Canadian vote for the guy who raised the retirement age to 67 over the guy who put it back where it belonged? I was ready to go to Ottawa then I looked up who was behind the MOU….. DYOR applies in all aspects of life not just weed. Btw, I attended the investor meeting at 33 Bat St when Bruce took it to the NYSE. I pay attention
@@happyglass8698
Guess you like the extremists Justine let into the country. Attacking Christians and Jews and creating havoc. Trudeau is even worse than Biden.
I hope for Canada's sake that Pierre wins and cleans up Justine's mess