CG: Jumping Into the Weeds with the Cannabis Industry
Industry Focus
The Motley Fool
4.6 • 854 Ratings
🗓️ 21 April 2020
⏱️ 27 minutes
🧾️ Download transcript
Summary
Anthony Coniglio, CEO of NewLake Capital Partners, joins Emily Flippen to discuss one of the most exciting but dangerous new consumer goods businesses: cannabis. Anthony breaks down the impact that he’s seen from COVID-19, his perspective on how the cannabis markets may shake out, and how NewLake plans on riding the green wave to profitability.
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| 0:00.0 | Welcome to Industry Focus. The podcast that dives into a different sector of the stock market each day. |
| 0:11.5 | I'm your host Emily Flippin. I'm Jason Moser. I'm Nick Saiple. I'm Dylan Lewis. And today we're talking financials. Today we're talking consumer goods. |
| 0:20.0 | Wild-C |
| 0:18.0 | Wednesday. And we're talking energy. And today we're talking tech. Let's dive in. |
| 0:28.0 | Welcome to Industry Focus. It's Tuesday, April 21st and I'm your host Emily Flippin. |
| 0:33.5 | For this week's Consumer Goods Deep Dive, we have a really special guest with us. |
| 0:37.5 | So joining us over Zoom is Anthony Caniglio, the CEO of New Lake Capital Partners, a real estate cannabis investment business that's doing something |
| 0:47.5 | actually really important in the burgeoning cannabis industry, that's freeing up capital for cannabis |
| 0:54.1 | businesses by entering into what are often very lucrative lease agreements. |
| 0:58.8 | So if that sounds confusing to you, don't worry. Anthony's got to help us break it all down |
| 1:04.0 | over the next half hour or so. |
| 1:05.7 | Anthony, thank you so much for joining. |
| 1:07.8 | Thank you for having me. |
| 1:09.4 | So I'm really excited about this week's episode |
| 1:12.4 | because you're going to help our |
| 1:13.2 | listeners and investors understand what I think is probably one of the most |
| 1:17.6 | convoluted consumer packaged goods businesses out there and that that's cannabis |
| 1:21.9 | and especially what they should be thinking about the businesses out there and that's cannabis. |
| 1:22.9 | And especially what they should be thinking about the space |
| 1:25.4 | amidst this global pandemic. |
| 1:28.9 | So for anybody listening who may be unaware, |
| 1:31.8 | we're coming off the backs of what is traditionally |
... |
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