On the other-hand, USA legalization will be a boon to Valens shareholders. They are well positioned to turn USA acquisitions into THC selling product companies.
They will also benefit from being able to set up operations in each country to product what they currently produce in the other. Their SKU portfolio in each country will expand dramatically.
The Indiva bet is can the edibles sector continue to expand in real dollars, and as a percentage of THC sales in Canada, while they maintain their lock on selling nearly 50% of all Canadian edibles.
If so their PPS rises to over 50¢ and I have a double.
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