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Re: kahlua post# 185

Thursday, 01/19/2023 11:42:40 PM

Thursday, January 19, 2023 11:42:40 PM

Post# of 188
That is true. I saw the same thing in Canada. I bought Tweed, they bought Doja and bedrocan then were bought out by Constellation brands then it shot up. All on the idea of legal cannabis. I made money every time. Buyouts by bigger companies are not a bad thing. You have to pay attention. There are a lot of moving parts but you can get a great premium on the arbitrage. That being said. The USA spends too much time tripping over its own feet while the world is realizing what a good medicine/entertainment cannabis is. There are many many opportunities, not a lot in the states. I would not touch the MSOs any more than I would touch most LPs but there are companies that are making great gains. I am okay to get a 20% premium if it is bought out. Even more okay if it becomes the nike of weed. I think there is a real possibility that Biden’s directive to the DOJ when he first took office will take it off the schedule completely so he gets it done without wasting any political capital. It has no business on the schedule at all and they will rule that way if they are the least bit honest. Their excuse used to be it was not studied. It was not studied because it was illegal. Now other countries have studied it and insurance is paying for cannabis medicine in all formats so that excuse does not hold water. Now is the time to be in and collect. I just wish I had more cash to deploy now before the world buys a clue.

Anything I post is my opinion only and subject to change on a whimsy

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