RE:Stock price when marijuana is "rescheduled" in the USA?There is another interesting aspect that is often overlooked and that is the % of institutional ownership. The current % of institutional ownership in Canopy is 4.90%. That is extremely low for any company. Institutional ownership ranges from 40 to 60 % for most established firms.
My point is that we could see, along with short/gamma squeezes, an increase in institutional buying as well. Most large pension funds, endowments, mutual funds are waiting for re-scheduling or legalization.