How long will investors wait for legalization?Fast forward 3-4 months when Jane Philpot announces legalization guidelines, plans, and alike. What will be good and bad news on that front in terms of timing?
1 year?
2 years?
3 years?
Short termers might get scared off initially if there is a long wait but once word comes through on concrete plans for legalization and affirmation that companies like CGC, APH, OGI, EMC, etc have a substantial head start. Bashers, bash all you want.
Every company does seem inflated currently but in 3-4 months watch out. Minor road bump for OGI but they haven't disappointed till this news. in fact probably the most successful company so far since the Liberals got a majority (in terms of percent increase).
Thoughts?