In this week’s Trade To Black Podcast, Anthony Varrell and Shadd Dales discuss a range of issues with special guest, Danny Brody. On the menu, the panel explores Elon Musk can pull off his hostile buyout offer of Twitter, how the plant-based food industry is poised for growth and the very attractive valuations of Tier-1 U.S. cannabis stocks.
Primer On Discussed Topics
- Twitter said Friday that its board of directors has unanimously adopted a “poison pill” defence in response to Tesla CEO Elon Musk’s proposal to buy the company for more than $43 billion US and take it private. The move would allow existing Twitter shareholders — except for Musk — to buy additional shares at a discount, thereby diluting Musk’s stake in the company and making it harder for him to corral a majority of shareholder votes in favour of the acquisition.
- A 2021 report has predicted that the plant-based food market will exceed $162 billion within the next decade. A growing preference for sustainable, healthier foods is pushing the movement. Bloomberg Intelligence (BI) produced the report, called Plant-Based Foods Poised for Explosive Growth. BI provides research on more than 2,000 companies, 135 industries, and all global markets. The plant-based food market was valued at $29.4 billion in 2020.
@1:04 Elon Musk makes a buyout offer for Twitter.
@3:09 If Elon Musk is successful and he takes Twitter private, how does this situation play out?
@5:05 How soon will Donald Trump be reinstated on Twitter if free speech returns to the platform?
@7:14 Michael Lewis suggested crypto could come crashing down.
@8:37 Bitcoin $100,000 after a market crash?
@10:46 Talking about the plant-based industry and why interest is rising.
@13:22 We’re still in the early stages in the plant-based industry.
@15:55 Value in the pant-based industry is here.
@19:00 Interest in governments for the plant-based industry.
@22:30 Danny Brody was Anthony’s first contact in the cannabis industry.
@23:05 How does the cannabis industry perform in the next 6-12 months?
@25:10 Would you rather own MSOS or Tilray?
@26:30 Volume will increase when uplisting occurs.
@27:40 Favorites for the NBA playoffs
@28:38 The Toronto Blue Jays have an exciting team
To view the previous Trade To Black podcast, click here.