RE:RE:RE:Dems Hit Impasse
It playing out exactly like I said last week. Canopy is pretty much flat and the American companies are up 15-20% the money is going to flow to the US. Why wouldn't it. This is happening for a few reasons mainly
It hurts canopy as a company as it makes their competitors much stronger and
Canopy can't take part other than small stakes in small companies.
Canopy is getting left in the dust already by these companies. The Canadian market can even sustain one company at billion dollar valuations.
All the catalysts on in the US side. I'd sell this sh it hole and make your money back on the US side over the next 2 years. I'd imagine if you could have seen the money flow today it would have been out of canopy and into the US companies.
There's companies in the US that will break a billion in sales next year and trade for 2 billion market caps. The only reason it like that is because funds and banks can't take part in the sector yet but they will and you'll likely see stock prices double and triple in a few months. No saying that's going to happen immediately but you can see the change coming. Weed is the fastest growing employer in the US and a huge employer overall. Amazon is pushing for legalization and the people want it and will vote for it. Change is coming. The weed sector employes more people than dentists in the US and these people still have to be paid in cash. At the very least you'll see safe banking passes which would be a huge bump for the US side. Study up and forget the clown pumpers here they're wrong this time.