A sincere effort at American legalizationfor potpreneurs will probably lift all boats.
Canopy's delay in merging Canopy and Acreage isn't helping our shareprice any and the consolidation proposal takes any security potential for Canopy investors right off the table.
There is no upside for Canopy and Acreage shareholders if they trigger the consolidation which to me is a suddendeath move, at least from my multiple experiences of being caught in this situation.\
The biggest benefactor of the consolidation proposal will be the lender and preferred shareholders if there is anything left after the lender, which is a division of STZ Constellation Brands.
The Canopy USA holding company intentions are already in motion, it is just a question of whether Canopy shareholders are coming along for the upside ride potential of the company they built or if STZ is going to go it alone.
Canopy's deal with Acreage was a good plan that just doesn't seem to get executed despite several nrs of not waiting on American legalization or rescheduling or whatever it looks like.
If there isn't a problem coming out large in the US, then get on with it for the sake of WEED and ACRG shareholders.
Not doing this has me suspicious of getting fair treatment or just screwed out of our investments.
Canopy, Acreage and STZ can rise together if STZ is willing.
glta and dyodd