Nutritional High International (EAT-CN)

This is an interesting one. Edibles make a ton of sense. The biggest margin increase is when you go from oil to edible. It is an interesting market. He is struggling with the valuation.

He was panning them on the last show. They are expanding to Nevada. They have said they don’t have the license there. He is still panning this company. If you don’t have the license in some of these jurisdictions it is very tough and expensive.

He can’t seem to get answers from them to a couple of key questions. They reported a quarter with no revenue yet say they are one of the biggest Marijuana infused product producers. He wants to know when they are going to be a producer.

Not one of the Canadian cannabis producers, but works out of the US. Rules are a bit different. This is going to be a huge business internationally over the next 10 years. He likes to equate this to 1933 when Prohibition ended in the US, but in this case it is really going to be a global market and roll out at different times. He is watching to see what they do. He would prefer something like iAnthus Capital Holdings (ITHUF-US), which is more on the financial side versus the straight operation side.