RE:The Way AheadThe MSOs at this point in time are getting more loving than LPs are.
I don't know when the tide will turn for the LPs but I do feel that it is going to be dependant on the LPs getting their footprint on US soil.
The MSOs are already there and seem to be moving in the right direction for long investors.
Canopy's Klein has said that Canopy is going forward with US expansion to join Acreage and Canopy and that they aren't waiting for US legalization or decriminaliztion that was so critical at one time.
One poster that I read felt that the Canopy/Acreage rto deal might be hung up because there is no SAFE or SAFER passed to make this a normal transaction but $38 million already made it to some Acreage shareholders and the rest of the deal is stock certificate swaps and it doesn't cost much to print said stock certificates.
Tilray seems to be able to make deals to buy up beer and alcohol companies but also seem to be waiting to barge in with their cannabinoid businesses, although they will be set up with bottling facilities that should be easily convertable to cannabinoid bottling when management feels comfortable that US protectionism is no longer a threat.
Are we waiting for Klein's team to go full bore in the US to test the waters before other LPs follow suit?
US politics to move this new vice forward are crippled but it is the right thing to do.
They just need to do it properly and could crunch the best points from all of the pro-marijuana bills with some guidance from some marijuana lobbyists and also avoid the pitfalls that Canada strangled marijuana with in Canada.
Jmho but there is too much supply and too many players trying to make a buck out of the same market that has dropped prices to the point of most of them losing money.
The MSOs and LPs are going to be tough to dethrone because they have most of the revenue stream and ability to continue to raise capital for everyday bills.
Supply and demand control bottomline and this needs to correct before anybody will see the potential.
Medical and value added skus should be more profitable than smokeable products and companies like Tilray and STZ are covering the cannabinoid infused beverage base which will be a gamechanger that is going to change consumers alcohol consumption habits because it is a healthier alternative. They just need a level playing field and the same venues as alcohol.
glta and dyodd