RE:RE:RE:RE:RE:RE:RE:RE:RE:Canopy South doing greatPedal2themetal7 wrote: You want people to believe Tyler Burns Director Investor Relations of Canopy Growth Corp offered to an unknown individual wasting his/her time on this board that Safe was not enough to trigger!!!!
This is great comic relief!!!!
You do know what Investor's relations does? That's a question!
I have contacted several companies as a shareholder or potential shareholder and for the most part, I have had my concerns dealt with by e-mail or phonecall. If they are serious players and go to the trouble to put in place an IR team, you will more than likely get a response. Sometimes you will get more than expected and also get a sense of how excited they are about what they are doing. They do have to be careful about what they share. I used to write a post in SH and send it to the IR dept. That is usually when you get a phone call. I've also asked some very pointed questions and had the contact on the other end, have a hissy fit at me.
As far as the SAFE bill, it has become a political plum that both parties are just beginning to realize that they can't keep ignoring and backburnering it. I'm just a Canadian musing over the sad choices that the US has and I believe that whichever party steps up and does something to claim legalization in the US could bring out a sector of voters that usually don't vote. I am convinced that is how Trudeau got elected in Canada.
Some of the major LPs are banking on SAFE being enough to open doors without persecution and prosecution in the US and US MSOs will also welcome some form of triggering event to provide all of the business tools available to every other kind of business in the US.
The fact that the tools mentioned above aren't available to potpreneurs on US soil makes me believe that several of the non US companies will be a little more bold to test the waters. Not that they aren't doing things in preparation for this event.
Canopy has done branding deals with US companies and their first choice for Americanization of Canopy Growth, Acreage Holdings. They also have a 300k square foot facility in New York in anticipation of doing business on US soil.
Don't write Canopy off as being in the leadership race. They were the beginning of cannabinoids being taken seriously enough to shake up a lot of existing competitors, mostly alcohol, but also Big Pharma, Tobacco and Energy drink companies. Again, I will bring up Acreage Holdings that was picked by Canopy as a leading US MSO that will complement and enable rapid set-up in the huge US marketplace.
I have theorized that Canopy could hit their old highs or higher when we get the greenlight to do business in the States. It would be great if the best of all of those pot bills was incorporated and passed to level the playing field for cannabinoid businesses because the investors that are on the sidelines will be buyers of one of the first pot companies. Barring that, we will get there one State at a time and lose some of that excitement potential as marijuana and hemp become legal with a level playing field, with banking, brokering, being able to flip your credit card for your purchase and changing the misguided limitations of selling booze and pot at the same venue.
Canopy has spent a lot of money building a huge bottlng facility for beverages that are going to be a leading sku that will cannibalize less desirable methods of consumption and I suspect that NY facility has the same in that facility or it is in the planning.
Canopy is still a world leading potpreneur and hempreneur, with money in the bank and a huge, rich big brother in STZ and they have Acreage locked up for US flag planting.
glta and dyodd