RE:RE:RE:RE:IntegrityBrokerG wrote: Not to be coy, but if it takes years and years to get Safe Banking or full legalization, Canopy will be toast. They would have to dilute since they are currently burning through cash.
I think realistically Safe and rescheduling should pass soon. Full legalization, in 2025.
Agreed, my concern actually is based on that likelyhood, Constellation has made it very clear they will not invest another dime in Canopy, and Canopy has been very clear in their gudance of ongoing concern. With Constellation basically in the drivers seat I was concerned if this was an actuall exit strategy for them, while at the same time remaining in the sector with the best parts. I just am not sure what the real options are for them under this new structure.