Fateh Mann

Investor at Mindset Capital | Content @joincolossus | Started a long slumbering Indian history pod

[Fateh Mann @fatehsmann]

@srg444 @benchmarcc But the distribution channel for strawberries is an order of magnitude bigger than Cannabis?

[Ronit Pereira @CAronitpereira]

“Blue collar salaries have gone up sharply in India as compared to white collar salaries.”

“A gym trainer, driver, electrician in large cities are earning close to starting salary of white collar people. I think this is required to be celebrated.”

- Prashant Jain

[Fateh Mann @fatehsmann]

@BalanJason @aaronvalue It’s materialised- those acquisitions are already closed. Doesn’t include Fluent

[Bhargavi @bhargavizaveri]

India is desperate for stable foreign capital. INR is in a virtual free fall. Yet, there is an *absurd* bottleneck nobody talks about: the RBI’s FIRMS portal — mandatory for FC-GPR filings and therefore for receiving FDI share capital — has been down for weeks.

As a result, inward remittances for legitimate equity investments into Indian companies are getting stuck because founders literally cannot complete regulatory filings.

At a moment when the country needs every dollar of productive FDI it can attract, this is exactly the kind of invisible bureaucratic friction India should not be imposing on itself.

@RBI @RBIsays @NITIAyog @nsitharaman

[Fateh Mann @fatehsmann]

@Behram4700 @RohitTantia4 @omarali50 @KalingaArya @hamsanandi Current population is ~10%.

The real test in not immediate change after partition, but population growth over last 70 years. I’m not proud of how India treats its minorities but let’s not pretend its even close to as bad as how Pakistan treats theirs

[Fateh Mann @fatehsmann]

@CannaVestments @aaronvalue That’s fair, and that’s on me, not Aaron.

[Rajeev Mantri @RMantri]

Dear Hon. Prime Minister @narendramodi,

You are a three time PM leading a coherent coalition alliance with a comfortable parliamentary majority, BJP-NDA has 20 Chief Ministers under it across the whole country. There is no excuse for not moving on the reforms. https://t.co/CcU0x5gqsF

We don’t want entreaties to do this or that, we want changes in our own country. For example, making India a competitive economy for new age startups has stemmed the brain drain. Today youngsters are starting up and building ventures in India, and the old default option of shifting abroad is being abandoned. The reason is India has *become competitive*.

We want to travel in our country but the failures of airlines, lodging and hotels sectors (many of which are directly due to Union and state / local level government policies) are inexcusable. Citizens cannot carry the cross for these failures. We have repeatedly elected BJP-NDA governments across India now, to deliver on positive change and growth.

Dragging one’s feet brings consequences. For example, had Air India been privatized in 2015 or 2016, by now it would have become a strong privately held Indian airline. Why was it not done earlier?

Similar delays and prevarications in other domains will keep imposing heavy costs down the road.

A crisis is a great time to drive reforms, please take positive actions. We expect BJP-NDA Chief Ministers to also do the same. The modified political/governance map of India inspires higher expectations of performance.

[LEEF Brands @LeefBrands]

LEEF Brands has successfully closed the final round of our oversubscribed financing, bringing total gross proceeds raised to approximately US$9.3 million.

The financing was led by Mindset Capital and included participation from existing shareholders and new strategic investors.

Proceeds will primarily support the expansion of Salisbury Canyon Ranch, where we are building one of the largest licensed cannabis farms in the country and further strengthening our low-cost, vertically integrated platform.

Thank you to all of our investors for your continued support and confidence in LEEF's long-term vision.

Full press release: https://t.co/IhELxgqT6U

CSE: LEEF | OTCQB: LEEEF

[Fateh Mann @fatehsmann]

Trulieve getting 150,000 app downloads purely in a medical market in Florida is actually pretty incredible

[Fateh Mann @fatehsmann]

@SudeepAwas48786 @V_arrell That's not true.
See income statement- 98M non-cash benefit, which they netted out for OCF. It's non-cash. Also they literally have a note at the end of the CS saying they paid 1.5M in cash.

How could they produce 80M extra in cashflow on similar revenue when margins dropped?

[Aaron Edelheit @aaronvalue]

$LEEEF just reported their strongest quarter ever with gross margins more than doubling, cash flow surging while prices were compressing in CA. This is the power of Salisbury Canyon Ranch. $25-$50 per pound COGS, become $8 per pound. Now they turn on the other 2/3rd of SCR.

[Fateh Mann @fatehsmann]

@FelkerJosh Really like the newsletter!

[Jerry Derevyanny @JDerevyanny]

Bengal's Q1 2026 letter out now. Our take on the current status of rescheduling and how we relate it to investing, along with some thoughts on $GRUSF and a few other portfolio holdings.

Fund was -28% in Q1, but a lot of those loses are now reversed in Q2 with the S3 news uplift.

[LEEF Brands @LeefBrands]

It's earnings day!

Please join our call live at 5 PM EST using this link: https://t.co/riowaXveJh

Following the call, we'll be doing a live earnings review on socials and YouTube at 6:30 PM EST.

Hope to see everyone later today!

$LEEF $LEEEF

[Fateh Mann @fatehsmann]

@CannaVestments @curated_value @micklockwood4 I honestly don't think there is much appetite for enforcement in any major city. I think in NYC, it only happened because the SE licenses demanded it, and it is still fairly prevalent.

[Fateh Mann @fatehsmann]

@curated_value Wait- they had 21M OCF, have projected capex of 20M per quarter, 100M of cash, 500M in debt (ignoring leases and taxes), and they announced a buyback plan? 😂.
Oh Boris, never change.

[Fateh Mann @fatehsmann]

@curated_value Also, their domestic sales grew by 2% only because they removed Missouri from 2025- otherwise, growth would have been 0.7%.
Note that at the same time, OH and NY markets grew at 20%, and they opened 13 new dispensaries (8% increase)

[Fateh Mann @fatehsmann]

@CannaVestments @curated_value @micklockwood4 Haha- I think I've actually visited this. Do you believe the city of Chicago is going to enforce, if banned?

I believe the majority of the THCA flower is sold inside smokeshops, not pretend dispensaries (although I've also seen them in Philly)