Canopy Growth Corp (WEED)

[EngageFactor]

I'm not for sure what's holding back people from making this investment but one could speculate.

The entire sector got burned hard two years ago by SEC. There is not one MJ stock that I know of that is seeing PPS support. One could argue there is a play is in GW Pharama.

Is there profit in the sector? We all think there is, but no one has yet to prove it. We are not seeing a billion dollar industry here yet. Not unlike the early days of PC/Internet - People 'knew' it would/could be huge but the sector had to prove it first. I've shown the example of Dell before. Dell spent years in perpetual PPS limbo before the sector got hot and it made many long term investors big money. Is it the same with MJ? Dunno. I think the sector will be huge but we need proof. Having less than 7k patients after less than a year makes me a little nervous. I hope what Bruce said about summer being slow is the reality. I know a bit about the medical profession and it's true, at least where I live, that it does slow down in the summer. Anything we can do to get to that magic 10k patient number will start to prove to investors this has the makings of a profitable industry.

Then there are marco/micro factors like the elections. Maybe people will get bullish on the industry if the liberals win?

BTW who has a good read on the Canadian election and how it would effect the MJ industry?

Some feel that in the U.S. Obama admin will make a move federally on MJ before he leaves office. Especially considering 5 more states are voting on legalization on some level. All look pretty good for a win. If Obama admin make a move, it will be after 2016 elections. I feel they do not want to risk anything from here until next year.