Canada, Cannabis, Tariffs, Takeouts and Toronto 2026 Preview with Mathieu Martin, Ryan Irvine and Teagon Murray

In this episode of the Planet MicroCap Podcast, recorded just ahead of Planet MicroCap Toronto, we brought back the Investors Roundtable with three voices deeply embedded in Canadian microcap markets - Mathieu Martin of the Rivemont MicroCap Fund, Ryan Irvine of Keystone Financial, and Teagon Murray of Canadian Value Investors, making his first-ever podcast appearance.

We dig into what’s worked and what hasn’t across Canadian capital markets in 2026, why cannabis is attracting generalist and growth investors, how Canadian companies have adapted to tariff uncertainty better than most expected, and why the market is seeing more takeouts than IPOs right now. Mathieu runs through the highlights from his September Good, Bad, and Ugly - including a software name that doubled overnight on a restructuring announcement and an ongoing hostile takeover battle in the cannabis space. We close out with each guest’s process for making the most out of the Planet MicroCap Toronto conference, chalk full of management teams and a preview of what they’re watching for the event.

For more information about Keystone Financial, Canadian Value Investors and Rivemont MicroCap Fund, please visit: https://www.canadianvalueinvestors.com/ | https://keystocks.com/ | https://rivemont.ca/en/alternative-funds/rivemont-microcap-fund/

Chapters:

00:00 Introduction to the Canadian microcap market and guests

04:06 Market trends and sector insights from Teagon Murray

05:06 Ryan Irvine discusses market performance and company picks

09:00 Discussion on capital raising and IPO activity in Canada

11:00 Cannabis sector evaluation and market sentiment

17:05 Conference strategies and company evaluation tips

21:58 Management team assessment and event preparation

29:55 Impact of tariffs and geopolitical risks on investments