Will SAFE be enough to be considered a triggering event????Canopy Growth is one of the undisputed world leading marijuana and hemp companies, argueably the biggest and best and born from Canadian initiative and solidified in law and policy by putting it on the election ballot.
Since then a lot of the world has taken notice and are segwaying their way into being a part of it. The US is politicking this to death, against what the voters want. It is time for commonsense to prevail in the US and provide solid laws and guidance in the name jobs and tax revenue to bring a safer vice than alcohol and also as a pharma use product which is how this ever made it to legal use for recreation for adults in a select few States.
The GOP and Democrats focked-up by not dealing with this and poor old Trump is off in the corner lickin' his bag because it could have won him the election by getting out the pro-pot voters, usually young voters, who wouldn't vote without having something interesting on the ballot.
The continuing failure to deal with this is a failure of government and the two party system in the US is screaming for a new "Action" party that aren't so bitter and polarized that they can actually get things done!
There is huge opportunity for redemption and restoring faith in the US political scene by expeditiously putting together the best part of SAFE and MORE and make it legal and collect taxes with blanket legislation to put all States on the same page and free up the reigns and let the greenrush thrive.
Americans are great businesspeople who should welcome Canopy Growth as fair competition on US soil and let them bring our initiative to grow a whole new launch in an attempt to simplify the rules and regulations and actually enable potpreneurs to grow and explore the potential that marijuana and hemp promises.
Canopy is as active as they dare under the current protectionist blanket that has cloaked a full launch into the US. They have angled their way in by doing branding deals with Acreage Holdings plus an agreement to amalgamate the two companies when legal to do so. Canopy also has a 2-3 hundred thousand sq ft facility in New York being prepped for the day we can hang our shingle up as a proud leader and groundbreaker for cannabinoid business on US soil.
So many good things could come out of legalization at the Federal level that would allow banking and brokering such that US investors could legally buy into these companies without fear of seizure of assetts or even having criminal charges levied.
When the world's contenders for greenrush supremacy come rushing into the US, it will be a greenrush that the world will never see again. Canopy will launch back to historical highs or higher and their shares will be in short supply as US investors that haven't picked up shares will rush in, moreso than they are already. Don't forget that Acreage Holdings shares will get you one Canopy share for 3 Acreage shares and there is about a $10 perk initiative at current prices for the fixed shares. The floating shares are about half price to the fixed but I think that they will also get a sweet deal when Acreage becomes Canopy USA.
Let's see American politicians do something incredible and get this right the first time and Federally legalize marijuana and hemp under one set of rules for the whole country for jobs, taxes and a new safer vice and health treatment for consumers who prefer options to less healthful products.
glta and dyodd