RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Acreage beat the expectations easily as well.Aphria, canopy, cronos and ACB all are in the fray and are here to stay. Each one of these will evolve and create a niche for themselves in the market. The international market is big enough to accommodate many players and with the US legalization looming, the cos with strong and transparent corporate governance will receive a lot of interest from institutional as well as retail investors.
fly by night and shady penny stocks will evaporate and die their natural death as always.
I believe the smaller coz will have to find a common ground and synergies in order to survive or cash out. Emblem and hip cashed out with Hexo deal, similarly a few are already in talks for deals but the market sentiment seems to dampen those currently.
Hexo VF Tgod, canopy rivers are some cos which have specialized products and services to manuevre this choppy Canadian cannabis landscape
GLTA