Im really thinking this is an IPO opportunity for Canopy, and for all already licensed MMJ companies who are already positioned to capitalize on the new RMJ ( recreational Marijuana ) market. The market may be quite irrational for the next few days. I hope the industry gets significant volume and news coverage. And I hope Canopy makes that uplisting to the tsx.
Imagine a Liberal MP with medical background at the head of Health Canada. Personally, even if Canopy bud is 25% priced over Street market, I would still favor Canopy. I like heineken, and Appleton, not moonshine grime. And I suspect Canadians dont want to hit up the local drug dealer when a legal option is available. Street Market is a minor concern to legit markets. A problem better left to Law enforcement if some one is still dumb enough to try nd live off illegal trade