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Thursday, June 25, 2020 8:55:29 AM
New Jersey and several other states will legalize this year as well and that will hit the news media in the US for a while. another catalyst.
I personally do not see the democrats taking the white house (unfortunately). I just don't see people changing lanes in a panic. Second term presidents in a crisis have the upper hand. And Biden does not inspire. idk. well see. But if Biden does win. and there is a slight chance the senate could tip dem. We could see a real legislative wave come through in 2021.
I don't think canopy in the US will be a hit with CBD. until the FDA publishes a definition for CBD. Which could possibly be a standard only canopy can produce with GMPC facilities. that could work. until then, no.
What caught my attention was "inhalable options" with CBD in the US......
THIS. THIS. and then THIS. certified, tested, "safe", CBD vape carts would kill. like seriously killlllllll in the US market. So if this comes to pass. I could see revenue skyrocket.
I think the positive EBITDA will be delayed by a US rollout, write downs on Canadian assets, and the atrocious Accerage deal.
thinking out loud. Losses, gains....... CGC.
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