It will be interesting to see how quicklythe big plan of Canopy USA comes together. The llc designation I keep seeing gives me concern that this could be run as a private company or if we are going to get a new symbol and trade publicly and have to report in a timely fashion.
That along with any protectionist moves that could pop up from the MSOs.
Can STZ make this formidable without changes to the US pot legislation and will the like-minded companies vend in smoothly?
I hold a ray of hope that this can become number one in the US MSO category and that some positive moves politically can ressurrect the greenrush to be as exciting as it was in Canada.
If there isn't anything definitive politically in store for the US to do a proper launch of their greenrush they will lose so much oomph if it continues one State at a time.
Still going to be a bloodbath for junior pot hopefuls until the landscape is cleared and the big, well financed MSOs and hopefully the LPs will dominate.
I still hang my hopes on cannabinoid infused beverages which is why I think STZ got involved in the first place but I believe that STZ smells the money to be made and will go after it with the same gusto as they are doing with their Constellation Brands beverage division.
They have fed out a lot of dollars through the decline for pot stocks but I don't think they will stop the support financially until it is hopelessly crushed.
Time will tell!
glta and dyodd