US Rescheduling good for TilrayRescheduling is a much better scenario for Tilray imo
This will allow them time to set up shop for eventual federal legslization in the US
Many do not realize the difference between a schedule 3 drug at the federal level and what is being sold as medical cannabis at the state level by MSOs
Getting an in-state cannabis license to go buy cannabis from a retail dispensary is not the same as prescription medication. A retail dispensary is not a pharmacy
Most of these MSO companies are not GMP in medical and are heavily involved in recreational sales anyway
They are not going to be able to partner with legit pharma / medical companies like Tilray, who is completely set up to import immediately at a lower cost and also runs a legitimate legal US business already. Pharma / medical companies will be coming to Tilray and institutional investment will increase. Tilray is going after a different market
Tilray can also expand their medical cannabis operations into the US as they run a legit US business not selling rec weed