RE:Nextleaf: No Need For The US Market In The Near FutureAgree that federal cannabis leagalization is a ways off, but will indeed be huge for Nextleaf when it happens.
More near term, CBD could be a huge opportunity for Nextleaf to enter the US market. It's very possible CBD gets approved for dietary supplements and regulated by FDA during this years Farm Bill (Sept.) Fingers crossed for a possible 2024 start date.
In addition, Australia has approved Psylocibin for prescription medication. If Nextleaf's partner has a license to distribute, could be another near term opportunity.
Exciting times!