Post by
geodcan on Feb 28, 2022 2:54pm
Barcelona
Bhang has front and top of the list as a sponsor so I hope this is where we get a rejuvenated launch of a businessplan to breathe some life into our company.
Everyone of my investments in cannabinoids seems to be waiting for "the triggering event" that will take legal and criminality repercussions out being a player.
Canadian LPs seem to feel targetted as though the US Feds will make an example of them as though their MSOs have the immunity idol.
No doubt there is an ulterior motive to have US companies given the advantage to lead their greenrush and show their business accumen and most of those MSOs are doing well but suffering from lack of clear and concise legislation to really let loose and build to their potential.
I still hold several hundred shares of Canopy Growth because I think when the US swings open the doors for their greenrush launch that Canopy will be a leadership contender because of the partnerships it has made with Acreage Holdings, Constellation Brands, Terrascend, Gage and others that will complement a tail to snout cannabinoid company in the largest pro-pot marketplace in the world being the US.
I also believe that Canopy will resume its old highs or better shareprice when we get the said "triggering event" which will unleash all the financial tools that are already available to every other US business like banking, brokering, borrowing and investment funds.
The successful US MSOs have already started to build formidable cannabinoid companies by doing endruns and work-arounds with pharma use and rec pot sales where allowed while relying on State law protection which is more of a handshake deal for the Feds to stay out of it if the participating States will do enforce laws with respect to what is legal and not at the State level.
It would be great to see one blanket legislation at the Federal level to expedite the US greenrush by allowing Interstate commerce such that they can have central manufacture, which is good for keeping costs down and maintaining safety and consistency of skus.
I have invested considerably in cannabinoid stocks that are going to benefit hugely from US consumers, hopefully, en masse or one State at a time.
Comment by
nightowl21 on Feb 28, 2022 6:09pm
Thanks GEO.....for that post! I agree with you 100%.....Cannabis MSO’s are in a favourable position! Legalization will get passed in next 4-6 months! Bhang is well positioned! Hoping that Germany and Mexico will get on board! Cannabis represents a new bucket of revenue and tax money...no way legalization will not get passed! Keep up the posts!