Post by
geodcan on Oct 28, 2024 6:47pm
US politicians have clusterfuched the pot biz
about as bad as it could be.
Federal legalization for adult rec use and patient use legislation to conjoin the best of all the proposals that have been bantered about by members of both parties.
I am convinced that the stumbling point is the black market issue that is alive and well.
US politicians could take the best of all of those good pot bills proposed and legalize a thriving new industry for a healthier vice and pharmaceutical benefit.
There is a huge following of committed players relying on the lawmakers getting this done for US investors and consumers but no will on the part of the politicians to make it happen.
Fear of Cartel stakes which are much more committal than the legal players, god bless 'em for persevering to deliver cannabinoids that are quality, safe and readily available in more than smokeables for rec use and for providing pharmaceutical relief for pain, anxiety and sleep aids.
There is still money to be made by the black market despite the convenience and availability by private industry for superior products and they are still competitive and committed to their purpose despite the badly stacked deck for the benefit of the black market players.
Canopy has even more to deliver on than the US politicians!
Upcoming is the financials in November that I don't hold a lot of sway on for success.
First and foremost is that Canopy has to deliver on this grandiose, maybe even legal, effort to conjoin Acreage Holdings US MSO to create the pathway for Canopy and the brands they control or have interest in to join the US marketplace.
Canopy has done lots as far as eroding investor value which is the easy way out to consolidate shares of companies involved so investors lose interest because of decreased value from winding up with a mere percentage of the shares they once held.
If they get these ducks in order they still have to get these brands on to shelves as market winners and then unwind their consolidations to restore those newly diminished shares back to their old values.
Those consolidations, as smart business, only appeal to management, certainly not existing shareholders who are just bagholders and the ones taking the hit by the reduced potential of their sharevalues.
Knowledgable and trusting investors view this as a kick in the groin and pulling the grandiose plan together is becoming more of a longshot with every miss and delay.
Another miss on financials could send investors to the exit.
New recent investors might benefit from the second wave resurrection if they get fair value but savvy investors might want to invest in another LP that is emulating what Constellation Brands is doing by transforming to soft alcohol options by picking up brands, recipes and bottling capability for what I am convinced is going to be a wildly new cannabinoid beverage sku marketplace trying to beat a path to the World's door.
The concept is good, better if you are hunting for pharmaceutical quality cannabinoid skus but will do well as a healthier alternative to the soft alcohol market with cannabinoid infused beverages which I beleive will be marketchangers for social beveraging.
Too late for election promises to secure votes by legalization and I don't sense any real committment amongs the meanderings and musings by either party.
Still to much supply and too many players and that has to be adressed by all who seek to profit.
The soft alcohol beverage industry has sensed suffering from their marketshare loss to healthier alternatives and did several investigations to see what their crystal ball is telling them which was that cannabinoid beverages could eat their lunch just for the health factors if they get a level playing field with alcohol.
Raises the question of why they backed off instead of putting up some encouragement dollars to help lobby for their future.
Some smaller bottling companies are edging their way in to cannabinoid infused beverages like Tinley and Jones Soda who are survival anomalies as stock listings.
It could be anybodies chance for success and I like the pennies for their upside potential, rather than piling in to Canopy at these cheap prices because I am afraid for the financial report coming up and the intentions of Team Klein as to whether the Canopy/Acreage shareholders get a chance to become whole again or we just get lost in value distribution when CUSA takes the reigns.
glta and dyodd