RE:RE:US legalizationCan't argue with your logic.
The company is operationally solid. The big catalyst as pointed out is going to re-scheduling. Biden has to get it done before the coming election so he can claim credit with the young voters. When this happens, the whole sector is going to explode higher and the 280e benefits an already find looking balance sheet and P&L even more attractive. I was expecting April so the Dems would have time before the summer to claim credit for it. We are closing in on the end of April and still not done. Nothing happens logically or on time in Washington anymore.
SAFE would be a nice complementary piece to support the re-scheduling (which I was previously hoping for) but now I wouldn't expect that SAFE is going to pass with the dysfunction in congress. They couldn't sort out getting a happy meal at McDonald's with the Republican hardliners opposing any and all legislation right now.