RE:WEED is to high....What you are attempting to describe is called the US greenrush. When all of the ducks get in a row we will see some major shift in sentimentality and shareprice for US MSO's and others. The legalities that need to be dealt with are SAFE, MORE and descheduling at the Federal level to get marijuana and hemp out of the killer drug category and allow it to be recognized for its pharaceutical benefits and the fact that it is looking like a much safer alternative vice than big alcohol and pharma companies are offering.
US MSOs are angling their way through the loopholes and legalities and building some good companies and following the trail led by Canadians and their legalization efforts. Canada showed the world of the kind of potential for cannabinoids as businesses and Canopy is the leader imho.
It has been difficult to show profits due to the slow efforts by governments to swing the doors open but investor enthusiasm shows with the price spikes and dips.
Even Canopy is valued at more than conventional financial analysis will allow, at present, but the US launch of their greenrush will change that as future value will have to be included.
If you think our price is too high, there is another way to acquire shares of Canopy and that is through our American division plan called Acreage Holdings. The deal that they have inked, subject to decriminalization of cannabinoids at the Federal level in the US is that 3 shares of Acreage fixed will get you 1 share of Canopy when Canopy moves into Acreage and assumes control. Today that is $16 worth of Acreage will get you a $40 dollar share of Canopy. The US trigger for their greenrush will launch investors into Canopy and there won't be enough shares to go around. Canopy will very likely retrace to their old highs or better. US investors that are willing to rely on State law protection are already heavily invested in Canopy and continue to do so.
A US greenrush launch will rock the markets for MSOs and LPs similar to the Canadian greenrush only bigger, as in, American style! glta and dyodd
Form001 wrote: Have to drop to 25.00, for now, LP'S can't have access to US market, only MSO'S. The SAFE BANK ACT will help only MSO'S. Buy CURA, CL, GTII, trull and others.