The Cannabis Investing Podcast · Seeking Alpha

Is it really time to be bullish on cannabis stocks?

·55 min·5 clips

ena, I started my investment career right around 1997

Reena Sherbel opens by welcoming Jesse Redman back to the show and setting up a conversation about cannabis stocks and investing. The discussion stays grounded from the start and asks whether the sector can really support a bullish case right now. GTI becomes the first big example. Redman describes the company as unusual because its cash flow and balance sheet strength make a stock buyback possible. That stands out because he does not expect many other major names to be able to do the same. In fact, he suggests the reverse may be more common. At higher share prices, some operators may lean toward equity raises instead of buybacks. Debt is the reason. He points to operators carrying debt in the mid-teens or even twenties. He also notes that Canadian banks have been calling the MSOs and saying to let them know if they want to do a raise. That keeps the optimism in check. A higher stock price does not erase financing pressure. Redman then turns to AIR, another company that has been central on the show before. He says the stock has doubled over the past couple of weeks. He treats that move as important, but not as a victory lap. A low float is part of the explanation. So are the operational improvements made under newer leadership. The price action reads as a clue, not a conclusion. Reena keeps pushing on the timing question. Again and again, the episode asks what has actually changed and what still depends on execution. That gives the show the feel of a live risk review rather than a celebration. The tension between improving operations and an unresolved capital structure stays in view throughout. Dilution risk stays there too. So does the possibility that some rallies are driven by structure rather than durable fundamentals. The result is a careful debate about whether the sector is finally getting healthier or just easier to trade. The episode never confuses those two things. It leaves the listener with a framework for reading cannabis names through cash flow, financing choices, and market structure. That is where the real signal sits.

As heard by us

A sober look at cannabis stocks that keeps buybacks, debt, and dilution in the same frame.

This conversation keeps the focus on cannabis stocks as a real investment problem. Jesse Redman argues that GTI's buyback matters because the company has cash flow and a stronger balance sheet, while other operators may do the opposite and raise equity when prices are higher,…

Read the full review in PlayNext →

Why you'd press play

You want a sober read on whether cannabis stocks can stay convincingly bullish after a sharp move.

Read the full recommendation in PlayNext →

Listen to the show on

Apple Podcasts Spotify

Play clips from this episode More from The Cannabis Investing Podcast