Canopy, Quick to Profit RealizedCanopy is not breaking ground and building new here, just waiting on cannabis to be allowed in the retail marketplace... acquisitions like Acreage, Terracsend, Wana, et al are going concerns waiting to expand to the limits of the new rules and regs as they become law. They will be ahead of the curve with market access to much of the country as legalized.
The Reps are going to be key in how it all of this unfolds and they appear to be in reverse just about everywhere...they need to get it together fast and by first getting busy on the 'work' required for their position....there will be only one President at a time, may as well get busy with the jobs at hand!!
Klein may not be that far from profitability once all going concern's balance sheets are pulled together and any minor changes made to maximise economies of scale. The Reps will go back to the Trump operations for border control/ managment and if they can get their collective shite together out of the gate they will fill the void in bud supply as the cartels are moved back to where ever they came from. There is going to be an immediate need of source to replace the supply lost BM and Canopy et al will be there to accomodate as required with inspected product at a reasonable price. This should all be well planned by now, or should be as they have had the time.
Klein and team will be ready and able to deliver market share as required. JMHO...Opt
Canopy Growth Stock: U.S. Pivot Is Start Of The Dream (NASDAQ:CGC) | Seeking Alpha