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Re: Biteme123 post# 15381

Sunday, 12/20/2020 1:21:55 AM

Sunday, December 20, 2020 1:21:55 AM

Post# of 16650
People always rave about cannabis companies in Canada and how they would control the cannabis market because of their early advantage as far as the countries legalization of cannabis. This advantage allowed them to do business internationally. And I've always said that advantage would soon fade once the U.S. decriminalize cannabis. The world does not follow Canada; the world follows the U.S. So what real advantage does a Canadian cannabis company have? In Canada maybe but everywhere else it's a even playing field. But not really as has materialized the largest Cannabis companies sales in the U.S. almost double the sales of those in Canada which give them more of an advantage to expand. So if you own a US cannabis company next year will be huge. If you own a Canadian cannabis company other than Canopy which is a US company via arrangement with Acreage and maybe TLRY because of its would be dominance in Canada your companies stock price will go down to reality as investors realize your companies have reached their maximum potentials.

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