The best bet for Canopyis for Canopy to complete this deal to rto Acreage and get everything into the holding company Canopy USA.
Getting SAFE banking passed can't hurt but joining up all of the companies involved in the amalgamation will reduce costs and synergize sales of the best product skus available.
SAFE will help online sales and distribution for everybody and being able to get beyond packing huge amounts of cash for the legit players will move us towards current norms that every other business has access to except the pot business.
A great innovative new SAFE bill that encompasses all of the great points that continue to be haggled about and some input by investor lobbyists to make sure that the politicians understand what they need for success to get the cannbinoid business to full potential.
I have speculated that the bid delay is fear from black market game stakes that are a lot higher than most politicians are willing to play.
Watched a Nat Geo special on the drug biz reality that is happening in the US and the "one State at a time" legalization rollout seems to reduce the amount of targets that the bad guys can single out as targets for the way they choose to play the game.
Getting rid of the black market players or bringing them in as legit providers is essential.
Getting the legit players to go for value added skus that is more than the black market is willing to step up to could niche out profits and steal some marketshare from the gangs and going the Pharma route with legit drugs derived from cannabinoids is another way to advance this cause.
There has to be political will to make it law and to do it at the Federal level so that everybody has the gameplan to operate legitimately with one set of rules for all on US soil.
This happening will help with track and trace and MSOs will welcome it to reduce duplication of operations because as it stands now, everything has to be from one State for their tail to snout operations which is ridiculous and costly. Interstate transfer of cannabinoids would help legit companies with quality and consistency of brands.
When this kind of commonsense comes to the US pot scene MSOs will launch ahead and build National businesses and International businesses based on American business ingenuity and will eliminate the necessity of them looking for more conducive Countries to build in, which is what is happening right now because of the way the US pot laws are.
The US needs to deal with this issue or just hand the keys to the Cartels and Gangs who I believe are responsible for most of the southern border jumping that is taking place.
It starts with the government securing the pot biz and when that is done they might have the know-how to deal with the coke, crack, fentanyl and heroin.
glta and dyodd