volume and price is picking upon both sides of the border for WEED/CGC as it is for the Acreage fixed shares. Looks like investors are clueing in to the fact that Canopy Growth may be majority owned by US investors already and also awakening to the accessabilty and discount for Acreage fixed shares to morph in to Canopy Growth shares with a triggering event or Canopy choosing to ignore the triggering event and barging in even more so than they have already to put down roots on US soil.
American investors aren't waiting to take positions in WEED stock or Tilray stock for that matter which is doing 10 times the volume on US exchanges as Canadian exchanges.
Canopy is still lagging behind a little but we are still a leading potpreneur on International markets with a leading US MSO known as Acreage Holdings directly in the crosshairs for Canopy to maintain its place as a leadership contender.
Fools have rushed in to the cannabinoid markets and they will be the first to succumb against formidable giants with big plans, business sense and financing accessability that is available which was ridiculous imho and I am pleased to see that they are available now at a slight premium to bluechip borrowers.
The US greenrush is inevitable either with smart legislation with some kind of every State legislation such that the rules are the same for each State and an Interstate component that will allow these products to cross borders so they can take advantage of regional plusses like better base product from California making its way to Alaska. Barring US politicians putting through some commonsense legislation to aid and assist potpreneurs for an International directed legislation, it is still going to happen one State at a time.
Voters both care and don't care to the extent that them that care have already voiced their opinion of why not legalise it across the States because it is the will of the majority while the naysayers are busybodying to protect us from ourselves even though the ills from cannabinoids are negligible compared to the detriments caused by alcohol and narcotic pain treatments.
World stock markets have had a great run and are overdue for a serious correction but there will still be silver linings where money can be made. I'm linking rush stocks as in goldrush and greenrush to be that silver lining while most of the rest of them take a breather.
glta and dyodd