RE:Piper Sandler Takes Look at Cannabis Landscape in US They didn't hire a bunch of the crud clowns from the basement, did they dav? Piper doesn't realize Canopy is pretty well a US producer now...a duel citizenship at least for the near term, with Acreage,Terrascend et al...with ~55% of shares held Constellation and Greenstar II Holdings LLC, NY, NY et al US ownership of assets. Klein must speak for a healthy chunk more.
The weak and tiny minded will be barking bullshite non stop until we get some material lift in SPand generate some porfit...would have to say a US company already today, if not close. It won't matter from here on the future is US, with heavy roots Canadian.
Klein and team should be able to hit close to 50-60% of their growth target by year's end, as long as the move back to democracy and the rule of law is well underway by July/ August...the folks stateside have had more than enough and want their country back and they will have it. Plus both sides of the aisle know a legal bud system is the key to begin to take it back, law and order and restore border control etc, along with a strong, inspected, cannabis product shelved by a stable of high quality producers,...plus, the funds saved from the death and destruction of this last failed coup, should be used to improve all areas of the sector along with all the new tax revenue and reduction in crime and rehab costs. JMHO...OPT
https://www.bing.com/ck/a?!&&p=19641b20f077c2a2JmltdHM9MTY3NzQ1NjAwMCZpZ3VpZD0xMTQ1MmRmMS1jNzFhLTZlMGItMjczOC0zZjk2YzZiMjZmYWYmaW5zaWQ9NTQxNw&ptn=3&hsh=3&fclid=11452df1-c71a-6e0b-2738-3f96c6b26faf&psq=canopy+growth+%25+of+us+shareholders&u=a1aHR0cHM6Ly93d3cud2FsbHN0cmVldHplbi5jb20vc3RvY2tzL3VzL25hc2RhcS9jZ2Mvb3duZXJzaGlwIzp-OnRleHQ9Q2Fub3B5JTIwR3Jvd3RoJTIwJTI4TkFTREFRJTNBJTIwQ0dDJTI5JTIwaXMlMjBvd25lZCUyMGJ5JTIwMTUuNjQlMjUsb3duaW5nJTIwMTcxLjUwTSUyMHNoYXJlcyUyMHJlcHJlc2VudGluZyUyMDM1LjI5JTI1JTIwb2YlMjB0aGUlMjBjb21wYW55Lg&ntb=1
davgro wrote: 2023-02-27 11:47:30 AM ET (MT Newswires)
11:47 AM EST, 02/27/2023 (MT Newswires) -- Piper Sandler said Sunday that it believes existing US operators are best positioned to benefit from the "significant" US opportunity but also takes into account continued operating headwinds from price compression.
"However, regulatory expectations continue to drive the stocks, and we believe real change is unlikely over the next two or so years. While SAFE banking could be a key catalyst, and could materially improve investor participation in the space, hurdles remain, and we estimate its chances of passing in 2023 may be just 30-35%," the analysts said.
Also, Piper Sandler does not expect US President Joe Biden's request to review how marijuana is scheduled at the federal level to be a significant catalyst for the industry or to drive needed changes.
"We do not have much hope for passing the SAFE banking act in the foreseeable future, because too many progressive Senators balk at passage without social justice measures and too many conservatives and Republicans balk at passage with those measures," the analysts added.