RE:RE:3.16 from $9. 24 is 3 months All good points....
America not federally legalizing has really had a negative affect on the whole sector. It seems to me that the US may have dragged there boots deliberately to allow American companies to get established and prevent canadian companies getting a major foothold.
So Valens buying into Green Roads was a very smart move. As well current speculation is legalization will be on the agenda for the American midterms.
Everyone is waiting for that federal legalization to inject a rocket into this sector, and until that happens companies need to just survive and build slowly. Valens has avenues through Australia and the USA.
It took years for the internet to get going and 15 years for the dot coms to recover from the crash after their initial euphoria. Lets hope we don’t have to wait that long....
There are a great deal of baby boomers needing better sleeps and I believe the market will boom as they realize the real benefits of CBD. Lets hope 2022 is the year that this sector busts out of its doldrum....