RE:RE:TWO DIRECT QUESTIONS FOR THE CLOWNS I do believe Biden will reschedule cannabis. However, the biggest concern I have is the time. And there really isant any clear direction how long something like this will take.
We all have seen Schumers "soon" bs.
The only way to avoid the fiasco of Congress is to do it this way, then maybe editing bills already written like the States Act etc to actually regulate it.
What will come first?
rescheduling, then Safe becomes a must pass they need a regulatory framework. That would be ideal.
The 2024 election could run on the fact that he did everything he said he was going to do, which would mean rescheduling this year etc.
if this review takes another several months to complete then there is no catalyst in sight for the sector.
We don't know how CGC will deal with the debt coming due in June. Klien already said that the Canopy USA deal will close by sept/Oct timeframe.
There seems to be confusion on the Nasdaq lisiting. From my understanding CGC will remain listed on Nasdaq. The only issue is if it can include the Canopy USA numbers in their overall revenue. If they cant, I would assume they will just be reported separately.