CSE is alreadyearned the reputation of being the Cannabis exchange with most pot companies of any signifigance being listed there. Allowing funds to list there won't change things much imo.
Most of the publicly traded MSOs are listed there but also on the Nasdaq and OTC. Canopy has hung onto their listing on the TSE, although I am not sure why, other than it is a more creditable exchange by its entry fee alone and higher minimin shareprice. They did wussy out when the NYSE said they were going to boycott any companies that touched the product and Canopy even downgraded from the NYSE to the Nasdaq until such time as decriminalization is dealt with in the States or sentiment changes and International interests just charge in with reliance on State law protection. I am not aware of any negative repercussions by the Feds since they said they would let individual States administer their own laws and penalties.
US MSOs are able to make profits in the States and with the rules of business that apply and that is without banking and borrowing and some of the other tools available to all other US business. Americans are protectionist in regards to their US based businesses and very capable of building successful enterprises. Canopy is too, but not so good at lobbying Canadian law and policy makers to take the strangleholds off Canadian LPs success.
The US is going to wind up mostly pro pot, one State at a time maybe if they can't get some politics done to swing the doors open.
Of course it is a new vice, up against established old vice alcohol who are watching with interest and dipping their toes in just in case they want to be a part of it. STZ came with the biggest committment dollarwise to show their proactivety for cannabinoid beverages that they expect to take a bite out of their marketshare for light beverages.
A poster on the WEED bullboard has described the stockmarket as a very dirty kitty litter box that is desperate for a cleaning for its survival and Tinley is a prime example of big money bullies being marketmakers or destroyers with little concern about Tinley's whole reason for being.
They don't give a ratzazz about our survival and stock market administrators aren't doing the right things to restore confidence. A lot of people don't understand that the stock market has enabled great companies to build great businesses but most recognize where we are descending to and the inevitable failures if big money is allowed to keep buying the anti and the pot.
Tinley as it is right now is a facility that can make revenues by co-bottling other's recipes and also our own that we have formulated. We are relatively debt free and the prognosis is good for cannabinoid infused beverages. We had a lot of delays while others seemed to be able to get things done.
I am not aware of any other cannabinoid infused bottlers are racking up profits but maybe Canopy who are percolating that they are very successful, without a dollar value yet, but confident that their future could be embellished by beverage sales in the US.
US potpreneurs are having successes with the way things are there and Canada's LPs aren't! The pot business isn't big enough to support all of the grow and retailers that are taking a run at it and attrition needs to happen to reduce supply and competition for the others survival.
glta and dyodd