RE:Bulls on the Horizon Ready to PARADERescheduling is only a stop gap measure.
The US needs to crunch all of those bills proposed and include the lobbyists for what the pot biz needs and come up with one good Federal bill that will effectively legalize all cannabinoids for a level playing field for potpreneurs to compete with beverage alcohol.
Somehow some bad legislation got written to prevent pot and alcohol to be sold or consumed at the same venue resulting in having to build separate bars and lounges from the already established wateringholes.
I noticed some individual States are correcting this at the State level but a Federal legislation to open up interstate commerce and give access to the pot industry to banking and brokering and all of the other tools that every other US business has at their disposal.
It is amazing that there are any US investors in cannabinoids considering the Federal risk and penalties that they could be subject to if they get targeted.
Canadian LPs are well aware and fearful of planting their flags on US soil for fear of incurring those penalties. That is to say that American business is not opposed to protectionism and has kept the LPs at bay, for now!
The two dogs mentioned are Tilray and WEED who's actions speak louder than their claims of no concerns in regards to putting down footprints on US soil.
So far they have been navigating carefully to keep under the radar so as not to incur an incident from the Feds.
I believe that both these companies mentioned are probably majority owned by US investors but their shareprice is suffering from Canadian identity.
It is what it is and needs some serious fixing and also needs to keep up with the morphing of the cannabinoid business like the Delta 9 gamechanging introduction as legal despite it packing the same punch as the good old thc versions.
Hemp and marijuana are the same to me and the only differentation is whether it gets you high or not.
If the big players don't put huge effort towards pharma pot they could lose their edge to those that do.
I am still convinced that cannabinoid infused beverages will take a huge bite out of soft alcohol markets when the legislation catches up and get the sense that Tilray is on that and WEED not so much anymore.
Tilray's Us acquisitions of brewers and liquor producers seems that it could quickly be changed up to THC and CBD.
Even their grows are only 12 weeks away from switching to thc from cbd.
True going concern companies are positioning for the future to be where the ball is headed, to be in the game.
It is a hard personal question of what is left of the value of a beat down investment that has been under marketmaker control!
Is it going to be a successor or sucumb to bankruptcy where the lenders swoop in for anything of value, which once was formidable but not so much because of nefarious brokers, bankers and big money.
These two companies need a hard, serious look at from Securities guys before common investors quit investing because of the manipulation by nefarious players.