Investment Q&A

Q: Cannabis stocks have been decimated. Does this seem overdone ? Are there any that look attractive at these prices? How do you like mid/long term potential of this space?

Q: Cannabis seems to have turned the corner and has had some good recent momentum. Do you see this as an opportunity in 2022 and beyond. Would you be buyers of Trul & Vrno at these prices?

Q: i own each of the listed companies ... approx 5% of the portfolio and down approx 8% overall but waiting for recovery ....what i find interesting is that broker targets overall are substantially higher, even recent evaluations ... are these recommendations worth considering when buying stocks and what is your overall assessment of this list ... while I wait for recovery or US to pass SAFE .. thx

Q: I'm confused: Your "Shares out" for Verano is stated as 122.23M and that # is the same when I check VRNO's TMX listing but MarketWatch lists the shares out at 131.08M.

VRNO started trading on the CSE on Feb 17/21 after its reverse takeover of Majesta Minerals. It also trades OTC stateside under the ticker VRNOF.

Portions of VRNO's total float are "locked up" in escrow, to be release on the 90th, 180th, 240th, 310th and 400th days following the initial offering on Feb 17/21.

According to a fellow who passes himself off as "MJ Stock Trader" on Twitter, the unlock schedule for Verano is as follows:
1. 17-Feb-21: 60M shares
2. 12-May-21: 42M shares
3. 10-Aug-21: 42M shares
4. 08-Nov-21: 42M shares
5. 06-Feb-22: 42M shares
6. 18-Mar-22: 56M shares

For a total of of 290M shares.

The questions:

(i) Do these numbers represent VRNO's CSE listing or the stateside OTC operation?

(ii) When large chunks of escrowed shares unlock, bidders can make hay of askers, which is what appears to be happening to VRNO this week; how likely is it that the tables will turn in November when another chunk of locked shares unlock and the US fed govt presumably inches closer to legalization?

Thank you!

Q: Hi folks, can please your expertise of Q1 results for Verano vrno/c...the results seemed to beat estimates...and appear to be place the company in Top Tier of US Cannabis stocks, with Trulieve, Green Thumb, Curaleaf. Hard for US Pot companies to make profit without SAFE Act & relief from 280 Tax....would you rate Verano Buy/Hold/Sell....thanks as always..jb Piedmont QC