Looking Good From HereWith 37states and the Dof C already allow med bud sales and with 15 states allowing rec bud sales it is not going to be long before the industry is fully out of the proverbial closet. With Biden all but physically out of the Oval the economy and markets will be back better than ever as the poison accumulated is purged. A closed south border will all but eliminate the cartel laced product as well.
Canopy is ready to take serious market share as the legal bud market goes main stream across the states...the bill passed Friday should allow for banking as per bill passed previously. Balance sheet and net margins are going to start looking very sweet as Acreage and Terrascend et al are added going forward. As the oil industry is brought back on line in NA, the current Canopy SP levels will be nothing but a wet dream for those that didn't buy. JMHO...Opt
House Passes Bill To Legalize Marijuana And Remove Penalties (forbes.com)
House approves cannabis banking bill (yahoo.com)