RE:Hard to watch!yp01048 wrote: This is hard to watch.
I want nothing more than CGC to succeed, but I mean this sucks. Back to 2017 levels now.
Okay, from what I understand I think I read that depending on wording, SAFE will allow the acreage deal to be triggered?
if anyone knows that would be great.
Washington is a sh!t show. I'm just thinking timeline here and when this bleeding will stop.
No one knows the answer to the question about if the SAFE would allow MSO's to uplist. When that occurs that is when canopy can safely enter USA THC and remain on the NASDAQ. The CEO of Curaleaf, Boris, says that the current safe act that's tucked in the NDAA, he thinks, would allow the MSO's to uplist to the TSX.
This is pure conjecture on my end. But if the MSO's are uplisting to the TSX, I would imagine canopy would get out of the NASDAQ and move into America. Pretty funny at this point of the mothership that created this whole thing is still slowly bleeding. I think by the February quarter, acreage and Ter and Wana will alll be net income positive. Ter dramatically so.
I suppose it's a truly symbiotic relationship. The American partners need our capital and constellations supply chains and distribution, and we need their positive net income.
Wild card. I like Linton's idea. Delist to the CSE, although, probably not very likely.
Even though I couldn't agree with you more, that Washington as a complete mess. At some point here next week or two he'll finally wrap up the infrastructure and human infrastructure bill. It's also well-known it's not tenable to be moving around 25 or $30 billion in cash. Actual physical cash.
Safe it is. Til then.....