Blum Holdings Inc (BLMH)

[DD8]

"The Withering of the Canadian Rose
The STATES Act may allow the U.S. industry to thrive, but that in turn may take some of the bloom off of the Canadian cannabis market. As soon as the bill is passed, the mere notion of investing through Canada to access the U.S. market will be folly. At best, it will be massively inefficient. At worst, it will be incredibly unintelligent. It makes no sense to pump money into Canada when there is a much larger and healthier market right next door. U.S. companies that had been seeking funding in Canada will pack their bags to return home the moment the STATES Act is signed. The market will forget about niche Canadian stocks once they can invest in several U.S.-based, publicly-listed companies. Remember the U.S. market is ten times larger than Canada. Just four U.S. states — New Jersey, Illinois, Massachusetts and New York — together constitute a bigger market than our northern neighbor. Canadian pot stocks have enjoyed their 15 minutes of fame on our front pages. But they will soon have to get used to the back end of the business section. In time, Canada will be a mere footnote in the global cannabis story" by George Allen:
https://www.newcannabisventures.com/acreage-holdings-president-predicts-states-act-will-tip-the-scales-to-american-cannabis-companies/