RE:No stopping CGC - why they bought TerrAscend ..I totally agree that there is no stopping CGC/WEED and you mentioned Terrascend but I didn't see any mention of Acreage Holdings.
Canopy is the world leading International cannabinoid company, currently doing business in more than a dozen countries and have Acreage clearly in their crosshairs. I'm not dissin' TER and they do seem to have a better following than Acreage but the big hurdle has been handled for Acreage when Canopy coughed up well over $300 million for the right to drive their operation as soon as the Democrats clear up their protectionist legislation that has put a big damper on their marijuana businesses.
Despite the Federal overhang in descheduling marijuana, the Feds have cracked the door open for US MSOs to build companies for pharma pot and for States that aren't waiting and have agreements for the immunity idol for adult rec use.
To date I haven't been able to discern any breaches of allowing State law protection for potpreneurs in the US by the US Feds. Canopy is looking for something with a little more clarity that can be taken to the bank but are figuring out ways to be ready for the market that is too big to ignore for an International Leader of all things marijuana and hemp.
It seems that the Canopy/Acreage deal isn't getting the consideration it deserves from the investment community but Acreage is going to be Canopy USA when Canopy feels secure enough to drop the hammer. The share swap out of 1 Canopy shares for 3 Acreage shares is as easy as printing stock certificates. Canopy will have to step up to size up to deal with the US but have already been proactive with branding deals to get our products on shelves. They also have a huge facility in New York being prepped for their new International ambitions and have connections to financial backing with Constellation Brands while US MSOs have to go to the street, I guess, because pot banking is a no-no until the Democrats fix it.
If your due diligence leads you to Canopy for your dry powder, you should have a look at Acreage fixed shares which by my calculations are heavily discounted while waiting on the green flag for the US greenrush to start. glta and dyodd