Discussing the Cannabis opportunity and Glass House Group with Aaron Edelheit
Aaron Edelheit, founder of Mindset Capital and author of The Hard Break, comes on to discuss his thesis for investing in cannabis in general and Glass House Group in particular. Key topics include why interstate legalization could come sooner than later, how Glass House's California locations are a huge asset, and why U.S. Cannabis stocks trade don't trade in the U.S.Aaron's Book, The Hard Break: https://amzn.to/34dKyYLAaron's article on Glass House: https://mindsetvalue.substack.com/p/the-most-valuable-greenhouse-in-americaAaron's article on interstate commerce: https://mindsetvalue.substack.com/p/are-interstate-commerce-restrictionsChapters0:00 Intro2:00 Disclaimer2:25 Why is investing in cannabis interesting now?11:00 Why is cannabis not a complete commodity once legalized?16:10 Why is California so great for growing cannabis?25:05 How retail can be a moat in cannabis29:40 Discussing the three way SPAC merger that will form Glass House38:30 When will cannabis go interstate?43:15 How to think about valuation of Glass House47:00 What's the difference between BRND in Canada and MRCQF on OTC?