RE:TransitionAgreed Old, and it will happen but they need to get the border closed and stop the erosion of the middle class and get back to democracy or there won't be a country to rebuild...STZ remains fully onboard and is expanding based on legal cannabis being in place as they build out. The industry is growing and growing fast, just that they need adults at the helm that will control/ mange the border, as domestic oil charges the pipe now dormant, again.
They need to stop the uncontrolled flow of drugs and migrants and control/ manage the border as it should be, or the USA will see 3rd world status like much of the rest of the planet...as is the current plan by those at the helm today, both Dems and too many Reps There is much more awareness daily as the pain of current policies start to show failure across the board. The change is coming but civil war of some form needs to be avoided at all cost and I believe it will be.
STZ has seen the writing on the wall for years, as they have put their green into Canopy/ Tweed from the jump. When the folks get their country back stateside, Canopy and the rest of the acquisitions will be covering the US, adding assets along the way. As you point out, blue chip assets all the way. JMHO...Opt
Oldweed wrote: Stepping back and looking at the big picture: With the transition to the US holding to be completed somewhere around Q3 2023 STZ has more than enough runway to wait and see and allow the Gov to actually get it done and move the MJ agenda forward, they have made their intentions clear and will make the move if required. At this point in time they are the only ones ready to do this and they have cash to buy any remaining assets required likely for pennies on the dollar in 2023. The STZ distribution network is already built out so not much investment required there so the ability to keep up with new sales demands should be seemless. I cannot think of another company that is in the same position with regards to national and global distribution, low risk of share dilution, and depth with CPG markets, financial backing, BIOSTEEL, MARTHA, WANNA, ACRG, and a partridge in a pair tree:)