SAFE, the Farm Bill and re-schedulinghave NOTHING to do with Canadian cannabis LPs.
They are US pieces of proposed US legilsation for US companies operating in the US.
Comapre the impact of todays news between US MSOs and Canadian LPs - the US companies 'let er rip' as ventura would say. Tilray's increase was no more than what was gained with the craft beer acquisitions.
Yes, Tilray as the #1 company will ride the coattails of the news more than the lesser companies - ACB, WEED et al - but dont look to them to maintain the incraease that the US cannabis companies enjoy.
I ask again - if you want to be in the cannabis sector - and you are relying/waiting on US legalziation, why in the world would you invest in Canadian cannabis LPs as opposed to US vertically integrated MSOs - that have been in operation before Canadian legalziation, with numerous alraedy reporting sales in excess of $1 billion.
With the various proposed legislations getting ever more likely, the US MSOs will explode.
It's simple logic.
As for re-scheduling - no, it's not even close to legalization, BUT it's big step of progress. And even without SAFE, more financial institutions and investment funds will loosen the purse strings and get into the US cannabis sector.
Todays news WAS big - for US cannabis companies