Exclusive Interview with Chet Billingsley CEO of Mentor Capital on the Marijuana Industry

by Fred Fuld III

The following fascinating and informative interview was provided by Chet Billingsley, the Chairman, CEO, and founder of Mentor Capital, Inc., a public operating company that invests in pre-IPO cannabis related businesses. He did his undergraduate work at West Point. He later received a Master’s Degree in Applied Physics at Harvard University with concurrent study at Harvard Business School, and at MIT studying proton radiology. He is also a founding director and officer of the board of directors of the Nevada Cannabis Industry Association.

The discussion includes the following:

  • What has happened in the cannabis industry during the last five years
  • Why high excise taxes can cause the illegal market to continue
  • Tilray and the Canadian market
  • Why low excise taxes caused the legal Canadian marijuana market to grow
  • The US cannabis regulatory scene
  • Beer companies buying interests in marijuana businesses
  • Tobacco companies getting into the marijuana businesses
  • The growth of the medical marijuana market versus the recreational marijuana market
  • Cannabis versus opiates
  • Cannabeer and canabeverages
  • The cannabis sub-industries, such as edibles, local delivery services, etc.
  • And much more extensive interesting information!

To stream the interview, click:

HERE

You can download as an mp3 file by right-clicking HERE (or Control click on a Mac) and choosing “save as.”

More information about Chet Billingsley and Mentor Capital can be found at:

Mentor Capital

All opinions are those of the interviewee, and do not represent the opinions of this website or the interviewer. Neither this website, nor the interviewer, nor the interviewee are rendering tax, legal, or investment advice in this interview. No investment advice is expressed or implied. No recommendations are made to buy, sell, hold, or short any security. All information is provided for education and general information only.

Disclosure: Interviewer owns shares of MNTR and has a short position in TLRY.

Stocks Going Ex Dividend in October 2018

by Fred Fuld III

The following is a short list of some of the many stocks going ex dividend during the next month.

Many traders and investors use the stock trading technique called ‘Buying Dividends,’ also commonly referred to as ‘Dividend Capture.’ This is the strategy of buying stocks before the ex dividend date and selling the stock shortly after the ex date at about the same price, yet still being entitled to the dividend.

This technique generally works in bull markets and flat or choppy markets, but you need to avoid the strategy during bear markets. In order to be entitled to the dividend, you have to buy the stock before the ex-dividend date, and you can’t sell the stock until after the ex date.

The actual dividend may not be paid for another few weeks. WallStreetNewsNetwork.com has compiled a downloadable and sortable list of the stocks going ex dividend in the near future. The list contains many dividend paying companies, lots with market caps over $500 million, and many with yields over 2%. Here are a few examples showing the stock symbol, the ex-dividend date, the periodic dividend amount, and annual yield.

Comcast Corporation (CMCSA) 10/2/2018 0.19 2.06%
Quest Diagnostics Incorporated (DGX) 10/4/2018 0.50 1.85%
General Dynamics Corporation (GD) 10/4/2018 0.93 1.86%
Gap, Inc. (GPS) 10/9/2018 0.24 3.49%
Foot Locker, Inc. (FL) 10/18/2018 0.345 2.96%
Lowe’s Companies, Inc. (LOW) 10/23/2018 0.48 1.69%
Hasbro, Inc. (HAS) 10/31/2018 0.63 2.39%

The additional ex-dividend stocks can be found HERE . (If you have been to the page before, and the latest link doesn’t show up, you may have to empty your cache.) If you like dividend stocks, you should check out some of the other high yield stock lists HERE . Most of the lists are free.

Dividend definitions:

Declaration date: the day that the company declares that there is going to be an upcoming dividend.

Ex-dividend date: the day on which if you buy the stock, you would not be entitled to that particular dividend; or the first day on which a shareholder can sell the shares and still be entitled to the dividend.

Monthly Dividend Stock List

Record date: the day when you must be on the company’s books as a shareholder to receive the dividend. The ex-dividend date is normally set for stocks at two business days before the record date.

Payment date: the day on which the dividend payment is actually made, which can be as long at two months after the ex date.

Don’t forget to reconfirm the ex-dividend date with the company before implementing this technique.

Disclosure: Author did not own any of the above at the time the article was written.

 

The Blue Chip Marijuana Stocks

by Fred Fuld III

If you have been watching some of the Canadian cannabis companies, you would have seen that many of them are on fire.

For example, Tilray (TLRY), based in British Columbia, has almost tripled in the last 15 days, shooting up from around 40 a share to over 109 per share.

The Toronto, Ontario based vertically integrated cannabis company, Cronos Group (CRON) has risen over 21% in the same time frame, moving from 42.65 to 47.23.

Many of the American marijuana stocks haven’t moved much during the last couple weeks, and some have even dropped.

Numerous investors are looking to invest in this industry, but are concerned about the volatility of many of the cannabis stocks and the stability of ongoing operations of the companies in this industry.

Yet, investors still want to participate. It is interesting to note that marijuana legalization may actually lead to reduced deaths in a community, according to the National Institute on Drug Abuse, a division of the U.S. Government’s National Institute of Health, which published the article: “Study Links Medical Marijuana Dispensaries to Reduced Mortality From Opioid Overdose.”

Fortunately there is a way for investors to take advantage of the growth of the marijuana sector though “blue chip’ companies.

Wikipedia defines Blue Chip as “a corporation with a national reputation for quality, reliability, and the ability to operate profitably”. So you might be asking, what stocks fit into this category?

Several large publicly traded corporations have, or are looking for, significant ownership interests in marijuana companies, and as more and more states legalize the use of marijuana, and the possibility of Federal legalization, these stakes could provide significant returns to the cannabis blue chops (maybe I should call them Green Chip companies?).

For example, Constellation Brands, Inc. (STZ), the large beer, wine, and liquor distributor, recently upped its stake in the medical marijuana company, Canopy Growth (CGC). Constellation has been around since 1945, trades at 15 times earnings, and pays a yield of 1.4%.

Molson Coors Brewing Company (TAP) is partnering with HEXO Corp. (HYYDF), formerly known as The Hydropothecary, a Canadian marijuana producer. Molson Coors is a $13 billion market cap company which has a very favorable price to earnings ratio of 8.7 and offers a decent dividend yield of 2.47%.

In the biotech and pharmaceutical arena, and a cannabis pure play, GW Pharmaceuticals plc (GWPH) has been developing cannabinoid prescription medicines since 1998. The stock has a market cap of almost $4 billion, but is currently generating negative earnings.

If you are looking for more speculative stocks, stay tuned for our more in-depth article on marijuana companies.

Disclosure: Author owns and has a short put position in CGC.

What I’m Reading: Bad Blood: Secrets and Lies in a Silicon Valley Startup: The Theranos & Elizabeth Holmes Story

by Fred Fuld III

Actually, I’m not currently reading, I just finished reading Bad Blood: Secrets and Lies in a Silicon Valley Startup by John Carreyrou, and my first comment is “Wow”.  This is the story of the rise and fall of the notorious blood-testing company, Theranos, founded by Elizabeth Holmes when she was 19 years old. The company, which claimed it could do numerous tests from one drop of blood, was valued at $9 billion at one time, and now is out of business.

This is one of the most extensive and thoroughly researched books on a corporate collapse that I have ever read. Carreyrou conducted numerous interviews  and writes the book in such a way that it comes across as a real life mystery and thriller.

If you don’t know the Theranos story, that’s probably a good thing and I won’t ruin it for you by giving away a lot of the details. But those of who were duped by Holmes, according to Carreyrou, include the following:

  • Steve Burd, Safeway CEO
  • Wade Miquelon, CFO Walgreens
  • James Mattis, current United States Secretary of Defense and a former United States Marine Corps general
  • George Shultz, former Secretary of State
  • Henry Kissinger, former Secretary of State
  • Larry Ellison, co-founder, executive chairman and chief technology officer of Oracle Corporation
  • Rupert Murdock, Executive Chairman of News Corp and Executive Co-Chairman of 21st Century Fox (who invested over $100 million in the company)
  • And many, many other wealthy and high level individuals

If you are looking for some “can’t put it down” reading for the fall season, I highly recommend  Bad Blood. It is the twelfth most read book according to Amazon Charts and 90% of the ratings are five stars.

Crypto Domain Names Being Auctioned

by Fred Fuld III

SEDO, one of the leading companies involved in buying, parking, and selling domains, is currently auctioning a group of cryptocurrency domains.

Some of the domain names being offered include the following:

tokens.org

cryptobanks.com

coin.club

bitcoin.fund

bitcoins.shop

tokensinfo.com

The auction ends in about six days.

Exclusive Interview with NBC Sports Broadcaster Jim Kozimor: Discusses ProSports ETF, Sports Betting, Colin Kaepernick, Team Investments, Becoming an Announcer

by Fred Fuld III

The following interesting and informative interview was provided by Jim Kozimor, the three-time Emmy Award winning host who has worked on four Olympic Games as a Play-by-play announcer for The NBC Sports Group, and co-founder of SportsETFs, which manages the first sports related Exchange Traded Fund, the ProSports Sponsors Fund (FANZ).

The discussion includes the following:

  • The importance of a company being a corporate sponsor for a sports team
  • The types of companies that are considered for the ETF
  • How the idea for a sports related ETF came about
  • The limitations of team ownership stocks
  • The effect of Colin Kaepernick on the Nike stock
  • The future of the growth of sports betting
  • Advice for future broadcasters
  • and much, much more!

To stream the interview, click:

HERE

You can download as an mp3 file by right-clicking  HERE (or Control click on a Mac) and choosing “save as.”

More information about SportsETFs can be found here:

SportsETFs.com

More information about Jim Kozimor can be found here:

Jim Kozimor

If you missed the previous interview with Nick Fullerton, the other co-founder of SportsETFs, you can check it out here.

 

All opinions are those of the interviewee, and do not represent the opinions of this website or the interviewer. Neither this website, nor the interviewer, nor the interviewee are rendering tax, legal, or investment advice in this interview. No investment advice is expressed or implied. No recommendations are made to buy, sell, hold, or short any security. All information is provided for education and general information only.

Exclusive Interview with Nick Fullerton, President of SportsETFs, The First Sports ETF

by Fred Fuld III

The following interesting and informative interview was provided by Nick Fullerton, founder and principal at Fullerton Advisors, and co-founder and president at SportsETFs, which manages the first sports related Exchange Traded Fund, the ProSports Sponsors Fund (FANZ).

The discussion includes the following:

  • The importance of a company being a corporate sponsor for a sports team
  • The types of companies that are considered for the ETF
  • How the idea for a sports related ETF came about
  • Why the stocks of stadium sponsors may be worth looking at
  • The limitations of team ownership stocks
  • Other sport stock considerations, such as soccer, tennis, golf, and motorsports
  • The process to set up the ETF
  • and much, much more!

To stream the interview, click:

HERE

You can download as an mp3 file by right-clicking  HERE (or Control click on a Mac) and choosing “save as.”

More information about SportsETFs can be found here:

SportsETFs

More information about Nick Fullerton can be found here:

Nick Fullerton

Don’t forget to check out the follow-up interview with the other co-founder,  NBC Sports Announcer Jim Kozimor, which can be found here.

 

All opinions are those of the interviewee, and do not represent the opinions of this website or the interviewer. Neither this website, nor the interviewer, nor the interviewee are rendering tax, legal, or investment advice in this interview. No investment advice is expressed or implied. No recommendations are made to buy, sell, hold, or short any security. All information is provided for education and general information only.

Australian Stock Exchange is the First to Use Blockchain

by Fred Fuld III

The popular cryptocurrency bitcoin operates on the blockchain platform where it serves as the public ledger for all transactions on its network. The blockchain technology has become increasingly popular for business purposes.

Now the Australian Stock Exchange plans to become the world’s first blockchain/distributed ledger technology enabled stock exchange. Many blockchain companies are already listed on the exchange.

Maybe it’s time to invest in Australia. Over the last twelve months, the iShares MSCI Australia ETF (EWA) is practically unchanged. For those who believe that we are due for an upward move in Australian stocks, this ETF, which pays a 4.31% yield, is a diversified way to participate.

If you prefer to pick individual stocks, here are some worth checking out.

BHP Billiton Ltd (BHPLF) is a worldwide mining company which produces iron ore, copper, oil, gas, and coal. The stock trades at 13 times forward earnings and pays a generous dividend payout of 5.2%. 

In the biotech field, CSL Ltd (CMXHF) is a developer of biotherapies derived from immunoglobulins from blood plasma. The forward price to earnings ratio is 37 and it pays a small yield of 0.98%.

Australia and New Zealand Banking Group Ltd ADR (ANZBY) is Australia’s third largest bank. It trades at 12 times forward earnings and pays a healthy 5.61% yield.

Wesfarmers Ltd (WFAFF) is an Australian conglomerate which is involved in the operation of supermarkets, discount department stores, and hardware and home improvement stores. The forward P/E is 19 and the dividend yield is 4.19%. 

Of course, there are numerous other Australian stocks to choose from, all of which trade over the counter in the United States. Hopefully you can find a great stock from down under which will go up above in your portfolio.

Stocks Going Ex Dividend in September 2018

The following is a short list of some of the many stocks going ex dividend during the next month.

Many traders and investors use the stock trading technique called ‘Buying Dividends,’ also commonly referred to as ‘Dividend Capture.’ This is the strategy of buying stocks before the ex dividend date and selling the stock shortly after the ex date at about the same price, yet still being entitled to the dividend.

This technique generally works in bull markets and flat or choppy markets, but you need to avoid the strategy during bear markets. In order to be entitled to the dividend, you have to buy the stock before the ex-dividend date, and you can’t sell the stock until after the ex date.

The actual dividend may not be paid for another few weeks. WallStreetNewsNetwork.com has compiled a downloadable and sortable list of the stocks going ex dividend in the near future. The list contains many dividend paying companies, lots with market caps over $500 million, and many with yields over 2%. Here are a few examples showing the stock symbol, the ex-dividend date, the periodic dividend amount, and annual yield.

Schlumberger N.V. (SLB) 9/4/2018 0.50 3.07%
General Motors Company (GM) 9/6/2018 0.38 4.21%
CBS Corporation (CBS) 9/7/2018 0.18 1.35%
MGM Resorts International (MGM) 9/7/2018 0.12 1.66%
HP Inc. (HPQ) 9/11/2018 0.139 2.28%
Bed Bath & Beyond Inc. (BBBY) 9/13/2018 0.16 3.44%
Domino’s Pizza Inc (DPZ) 9/13/2018 0.55 0.75%
Nasdaq, Inc. (NDAQ) 9/13/2018 0.44 1.90%
World Wrestling Entertainment, Inc. (WWE) 9/13/2018 0.12 0.60%
Las Vegas Sands Corp. (LVS) 9/18/2018 0.75 4.57%
Yamana Gold Inc. (AUY) 9/27/2018 0.005 0.72%
Xerox Corporation (XRX) 9/27/2018 0.25 3.62%

The additional ex-dividend stocks can be found HERE . (If you have been to the page before, and the latest link doesn’t show up, you may have to empty your cache.) If you like dividend stocks, you should check out some of the other high yield stock lists HERE . Most of the lists are free.

Dividend definitions:

Declaration date: the day that the company declares that there is going to be an upcoming dividend.

Ex-dividend date: the day on which if you buy the stock, you would not be entitled to that particular dividend; or the first day on which a shareholder can sell the shares and still be entitled to the dividend.

Monthly Dividend Stock List

Record date: the day when you must be on the company’s books as a shareholder to receive the dividend. The ex-dividend date is normally set for stocks at two business days before the record date.

Payment date: the day on which the dividend payment is actually made, which can be as long at two months after the ex date.

Don’t forget to reconfirm the ex-dividend date with the company before implementing this technique.

Disclosure: Author did not own any of the above at the time the article was written.