My takeaway, so-called 'longs' have already followed the money with U.S. vertically integrated MSOs.
The intelligent investor left Canadian cannabis LPs awhile back - and udnerstand that they don't need to gamble on CUSA to be in the US cannabis market.
MSOs have been operating in some 40 states that have legalized to varying degress for years - why would you wait for legalization and the gamble Canadian LPs will even get access to the states?
Canada does not allow cannabis to be imported into the country - you REALLY think that the U.S. will? Well then, keep on waiting.
Comment by
Oldweedon Apr 27, 2024 2:46pm
My takeaway, Longs follow the money into CUSA, day traders and shorts remain in the battle over Canopy.