politics is a game of distractionthrowing out some cannabis reform legislation at just about the same time as they are going to squeeze the nuts off off junior Biden for his philandering, lawyering, special access to potus for a fee ways is a great distraction, especially if it comes at a time that is perfect timing for a distraction point.
Not to mention, just maybe, the polls are closer than we think and throwing all of the wood on the fire is the right thing to do to get the win.
I can't help but notice that there is some amazing changes in value today on pro-pot news for the leading US MSOs and LPs as well as other non-UN players with potential in the greenrush field.
Canopy did almost a double off their low, and they are leaning heavily towards cannabinoid infused beverages on American soil and have already started to get Bio Steel on US shelves and are pushing CBD beverage offerings to light with branding deals through companies of US interest in addition to their STZ connection. STZ/Constellation took a huge writedown over the pizspoor performance for Canopy but for me this is a big picture, longer timeframe story, but the proper legislation in a plum marketplace could change things rapidly.
Tinley is so much more than the old Hemplify $2 per share days as is Canopy who could hit $70 C for a third time, or better!
I always felt that this could be a silver lining in a very black cloud. Alcohol always did well in times of despair and I'm guessing that the new generation is a little bit smarter and get more news to help them make decisions, and they just might think that cannabinoid infused beverages may be the gamechanger.
All I can say about Tinley's is that they have fumbled a great idea and it reminds me that there is a vote coming up and the old adage of: if you keep doing the same thing and expect the outcome to change, you are dreamin'!
Just maybe the old CEO exec team needs to be shuffled out and let some new blood, hopefully, newly envigorated blood, make some magic happen to what strikes me as a whole new sku concept of potential!
Or maybe the past polical promise of some form of legalization or decriminalization happening can finally get passed for the betterment of a new, safer vice being allowed to thrive, or at least have a level playing field with beverage alcohol.
glta and dyodd