RE:RE:Hate to say it!!!Understandable, and you are right federal legalization could be 10 years away in the US.
But the immediate catalysts are what I am looking at. Federal would just be icing on the cake.
Catalysts in the US.
- New York Recreational
- Florida Recreational
- Vermont Recreational
- Massachusettes Receational
- Ohio Recreational
- Michigan Recreational
MEDMEN CATALYSTS
- New Vegas store opening July 12th.
- Medmen currently locking down Orlando stores
- 25 stores to be opened in FL in the next 18 months.
- Announced store near Fenway Park
- Expected 300million in Revenues from single Manhattan store (post Recreational)
- There is so much more but, I don't want to give it all away.
These states are all very likely to legalize in the next 2-5 years, and that will dwarf Canada in population.
Heck, California alone dwarfs Canada!
MomentumMan wrote: It will be a long long long long time before US legalizes at a federal level. Look how long it took Canada to cross the T's and dot the I's on legalization and JT was very clear with plans to legalize. No clarity in USA, it will take the better part of a decade to get anything going at a Federal Level.
I own Aphria because it is INTERNATIONAL and it is NOW. If any legalization happens at the Federal Level in USA then Aphria can jump in the and take that market share. The lean green all cashed up ebitda machine!
Good luck to all.
momo
Whatshisface wrote: I moved a lot of my $$ out of APH recently. I know it's going to do well in the long run, but the hype with US legalization is where the money is at. Changing 90% of my investments to MMEN was a great decision and I'm in the green, whereas with APH I'd still be holding the bag.
I am not advising anyone to do what I've done with MMEN, but it's certainly worth a look in terms of US legalization. Could be the next Canopy!