RE:RE:BNN Bloomberg (Video): David Klein Interview (Sept 28 2023)It was a good video and strategically steered clear of the consolidation issue and certainly didn't give anything about why the merger of Canopy and Acreage is not happening.
The earnings picture is futuristic as it will happen some time in the future and that story is getting old too.
Serious hard decisions had to be made to cut workforce and get rid of the losers to leave a lean, mean, moneymaking machine but I have also heard that Canopy isn't waiting for legal to go to the US, so what are they waiting for?
US business is hardcore and will use protectionism for as long as they can get away with it and it shows by the LPs poor performance.
Potpreneurs on both sides of the border and the rest of the world need to lobby for what they need because government doesn't know, at least not like MSOs and LPs do. Canada has made lots of mistakes launching their legalization so that is a good place to start.
SAFE is progressive for potpreneurs but more clarity is needed and a Federal effort to get everybody playing by the same rules and regulations which would be good for growth and forward momentum.
The fence sitting that is going on in regards to marijuana has some serious investors backing off and sitting on the sidelines which suggests they have dragged this out too long. 9th run at getting POTUS signature on the banking bill and it is the proper thing to do for fairness to this new vice.