All Over TSN This is great coverage. Sentiment will be high for the next few days.
The hope is we settle around $1 or higher. Will give some institutional investors a chance to do their due diligence.
Covid might scupper this though if we get an election due to public sentiment in the minority government. I think this is quite low though given I think the public probably realize that even if the current gov are handling it badly, that a turbulent election time won't help. I think timing, and reason is with us for this one.
This is great news, you'd wonder how much of the legalization is priced in at the moment. Will be hard to know for a few days/week till we see some stability in the price.
Medium term anyway, I think the path to 1.50 and 2 is a lot easier than it was before. I think it was still likely, but I think its easier now.
I also think once we get closer to legalization we might hear about buyout rumours as big players see their chance to acquire while the market cap is reasonable.
It looks quite rosy at the moment.