MoneyShow Toronto: Notes from the Floor

The two-day MoneyShow just wrapped up in Toronto after running from Friday (September 14) to Saturday (September 15).

The Investing News Network (INN) team attended day two of the MoneyShow and kept busy attending presentations and panel discussions during the Cannabis Investing Event portion of the conference.

Below we’ve put together some highlights from the conference. Scroll on to read more about what happened on the show floor and stay tuned for more in-depth articles on the various cannabis panels.

MoneyShow Toronto

During the morning portion of the conference, Anthony Dutton, CEO, co-founder and director at Cannex Capital Holdings (CSE:CNNX), hosted a panel called Developing a High-value Portfolio of Multi-state Assets in the Cannabis Industry. Additionally, Steven Hawkins, president and CEO of Horizons ETFs, provided a general cannabis outlook for the public markets.

Anthony Dutton of @CannexCapital discussing how to develop a diverse, high value cannabis portfolio @MoneyShows pic.twitter.com/Sqeao5Ffhg

— Cannabis News INN (@INN_Cannabis) September 15, 2018

At Day 2 of the @MoneyShows and we are listening to @HorizonsHawk from @HorizonsETFs talk the #Cannabis Industry Outlook pic.twitter.com/NIraFHX5hK

— Cannabis News INN (@INN_Cannabis) September 15, 2018

Despite his expertise and close eye on the cannabis market, Hawkins is unsure of the future after legalization in Canada. “We really do not know what will happen on October 17,” he said.

Hawkins added that although he doesn’t know how the market will shape up, it is sure to be different.

“We really do not know what will happen on October 17th” – @HorizonsHawk
He adds that despite not knowing what will happen, he knows that things are definitely going to change for the #cannabis industry on that date.#Moneyshow #InvestSmarter

— Cannabis News INN (@INN_Cannabis) September 15, 2018

For the remainder of the panel, Hawkins discussed a variety of important sales and acquisitions within the Canadian cannabis industry. Horizons has benefited from the rapid rise of the market with the launch of two ETFs dedicated to following the industry.

To date, @aurora_invest purchasing @MedReleaf was the largest acquisition in the portfolio, says @HorizonsHawk #Moneyshow #InvestSmarter

— Cannabis News INN (@INN_Cannabis) September 15, 2018

In noteworthy @HorizonsETFs news, the company hit over $1-billion just last week – @HorizonsHawk

— Cannabis News INN (@INN_Cannabis) September 15, 2018

“HMMJ’s growth has far exceeded our expectations as investors have strongly supported the sector in anticipation of Canada’s upcoming recreational marijuana legalization,” Hawkins said after the ETF crossed the C$1-billion mark.

The afternoon portion of the conference consisted of two important panel discussions that covered the Canadian cannabis industry.

Both the first panel, How Green is Green? Outlook on the Canadian Cannabis Market, and the second panel, Cannabis in Canada: What Investors Need to Know About the Changing Legal Landscape, were moderated by Jay Rosenthal, co-founder and president of Business of Cannabis, a research and media company focused on the cannabis market.

The first panel of the afternoon included:

• Cam Battley, CCO of Aurora Cannabis (TSX:ACB,OTCQB:ACBFF)
• Danny Brody, vice president, investor relations, at the Green Organic Dutchman Holdings (TSX:TGOD,OTCQX:TGODF)
• Mark Noble, senior vice president, ETF strategy, at Horizons ETFs
• Chris Wagner, CEO of Emerald Health Therapeutics (TSX:EMH,OTCQX:EMHTF)

The next @MoneyShows Cannabis Investing Event panel is about to begin!
Several #cannabis experts will be presenting on the topic “How Green is Green? Outlook on the Canadian Cannabis Market”#Moneyshow #InvestSmarter pic.twitter.com/PDBDK5MnfU

— Cannabis News INN (@INN_Cannabis) September 15, 2018

“This isn’t even 1.0, this is 0.0” – #ChrisWagner on what stage the Canadian #cannabis industry will be at on October 17th.#Moneyshow #InvestSmarter

— Cannabis News INN (@INN_Cannabis) September 15, 2018

October 17th and the weeks that follow will be extremely important to see what sales for recreational cannabis use will look like – @Swordless on why legalization day is important.#Moneyshow #InvestSmarter

— Cannabis News INN (@INN_Cannabis) September 15, 2018

After discussing how the cannabis industry may change following legalization, the panel went on to discuss the importance of cannabis being available to consumers in a multitude of forms.

For the new policy to work, @Cam_Battley says that there needs to be variations on how #cannabis is consumed vs focusing solely on dry cannabis which @Swordless calls “a race to the bottom”.#Moneyshow #InvestSmarter

— Cannabis News INN (@INN_Cannabis) September 15, 2018

“Once we get over the stigma of drinking #cannabis, that is where we will get into [wide] scale adoption” #Moneyshow #InvestSmarter

— Cannabis News INN (@INN_Cannabis) September 15, 2018

“Diversification is your friend here” – @Swordless on what types of #cannabis stocks to invest in.@MoneyShows #InvestSmarter

— Cannabis News INN (@INN_Cannabis) September 15, 2018

The panel ended with a warning from Battley. He noted that there are far too many cannabis companies and said many of them will be weeded out in the next few years.

“There are too many #cannabis companies. The reality is that a lot of the 100+ companies won’t be around in the next 2-3 years” – #CamBattley @Aurora_MMJ #Moneyshow #InvestSmarter

— Cannabis News INN (@INN_Cannabis) September 15, 2018

The final panel of the conference included:

• Greg Engel, CEO of Organigram Holdings (TSXV:OGI,OTCQX:OGRMF)
• Jessica Martin, vice president, public relations, at Invictus MD (TSXV:GENE,OTC:IVITF)
• George Robinson, CEO of RavenQuest BioMed (CSE:RQB)

The “Cannabis in Canada: What Investors Need to Know About the Changing Legal Landscape” panel is about to start!@MoneyShows #InvestSmarter pic.twitter.com/KFuIm5XXKO

— Cannabis News INN (@INN_Cannabis) September 15, 2018

“Atlantic provinces will have online and retail #cannabis” on day one” – @OrganiGreg on how Canada will be divided in terms of legalization (The rest of the country will only be online).#Moneyshow #InvestSmarter

— Cannabis News INN (@INN_Cannabis) September 15, 2018

“Lifestyle improvement is going to be a massive market” – #GeorgeRobinson of @RQBGlobal #Moneyshow #InvestSmarter

— Cannabis News INN (@INN_Cannabis) September 15, 2018

“It’s a great opportunity for Canada to be in the forefront on a global scale” – #JessicaMartin of @Invictus_MD on legalization of #cannabis in Canada

— Cannabis News INN (@INN_Cannabis) September 15, 2018

“THC and CBD is not going to ruin the world” – @OrganiGreg #Moneyshow

— Cannabis News INN (@INN_Cannabis) September 15, 2018

“Canada has one of the highest adolescent [cannabis] usages in the world” – on the importance of #cannabiseducation @MoneyShows

— Cannabis News INN (@INN_Cannabis) September 15, 2018

“Cannabis is coming at you, municipalities – why not control your own destiny?”#Moneyshow #cannabis #cannabiseducation

— Cannabis News INN (@INN_Cannabis) September 15, 2018

Don’t forget to follow us @INN_Cannabis for real-time news updates and stay tuned for more cannabis stories from the MoneyShow!

Securities Disclosure: I, Nicole Rashotte, hold no direct investment interest in any company mentioned in this article.

Editorial Disclosure: Invictus MD is a client of the Investing News Network. This article is not paid-for content.