Canopy's shareprice is going torattle around here, in the hands of the marketmakers and big money, until Canopy's US ambitions gel.
Canopy/Acreage coming together and vended in to CUSA was how the plan is layed out to get the once mighty Canopy selling it's skus on US soil.
I don't know what politics need to come together for this to happen but it has been said several times that Canopy is forging ahead to set up shop on US soil, with or without US blessings!
Will this require change to US laws and bills to happen? That could take forever if Biden doesn't get pot legalization on the Presidential ballot.
Lots of sorting out and clarifying needed by politicians for the US and they still have to bring the black market to the legal side in order to correct the imbalance between Cartels and legit potpreneurs in addition to getting supply and demand sorted out.
This will require a lot of attrition for potpreneurs to fix supply and demand so the strong can make some money that will be reflected in their shareprice.
In the meantime I will carry on looking for undervalued players that play on the fringes, like C.BLO, pot breathalyzer that law enforcement and business are screaming for.
Seems to be holding it's own as the biggies rattle around.
50 or 100 bagger potential for the first to market with a working as advertised thc breathalyzer and there aren't many players left that are still trying to invent it.
Lifeloc took a run at it once and still garner a $4 US shareprice for their blood alcohol unit. Once were $38 a share for one of the first BAC units back in the day.
glta and dyodd