Canopy, world leading marijuana companyand most here know that to continue being the Leading international company for all things marijuana and hemp, that they need to be in the USA.
What would you do if you were Canopy Growth to prep yourselves for rapid launch in the US, where Americans are doing protectionist things for outsiders or trying and the whole business has a huge dark shadow hanging over it which is the Fed criminalization laws.
I have tried to stir some awareness of what Canopy is doing to maintain their world leadership as a Cannabinoid company! Nary a response on a very important event that they have inked with a leading US Multi State Operator, Acreage Holdings.
Investors seem to be ignoring what could be the biggest monumental change as Canopy Growth takes America.
Most Canadian LPs are all honouring the rules as they are for US establishment but most are also working every angle they can to get their name brands on shelves and Canopy is actively doing this.
Canopy needs an Acreage Holdings or something similar for a rapid launch when we get some kind of triggering effect that effectively decriminalizes marijuana at the Federal level and Canopy chose Acreage.
Acreage has most of the things needed to be a tail to snout pot and hemp company and Canopy isn't sitting around sucking their thumb, they are making it happen. In addition they also have a big chunk of Terrascend and 300k sq ft manufacturing facility in New York.
The best part is you can invest in Acreage shares which have a deal inked for Canopy to assume them such that Acreage shares will be replaced by Canopy shares. At current prices, they are on sale with a nice premium built in although this is changeable. When the US swings the door open for Canopy and others it will launch a greenrush that will be on the same scale as the goldrushes of old. Most investors saw what happened in Canada and I expect the same in the US times ten.
Not that some US investors aren't already positioning in marijuana companies through a wink-wink deal with the Feds where they agree to let the individual States call their own shots on marijuana and hemp.
If you are considering an investment in Canopy, you owe it to yourself to look at Acreage Holdings and the deals they have inked with Canopy for the triggering event that the US voters want.
glta and dyodd