Replies to post #31460 on Abattis Bioceuticals Corp. (ATTBF)

[GreenBrickRoad]

Good find, and it goes back to the other article I was discussing today. Here's the best chunk of the new article IMO:

Echelon Wealth Partners analyst Russell Stanley said if marijuana continues to be illegal at the federal level, it will benefit Canada as this will suppress the rise of any large U.S. cannabis companies to challenge Canadian marijuana producers as they expand globally.

"It keeps the U.S. out of that game and it allows Canada to pursue these opportunities with relatively little competition," he said.

Cam Battley, the executive vice-president of Edmonton-based licensed marijuana producer Aurora Cannabis Inc. (TSX:ACB), called Sessions's stance "misguided public policy" that is counter to broader U.S. public opinion. However, he also said this will drive additional U.S. investment and investors north of the border.

"It cements the fact that we will not be seeing for the foreseeable future, well-capitalized U.S. competitors as we expand our operations around the world," said Battley. "And it just prolongs that unusual situation, where large-cap Canadian cannabis companies have the world to ourselves."

Look.. there are some real knuckleheads serving in U.S. politics, but I still don't believe the government is foolish enough to start sending rabid wolf packs after states that have legalized medical marijuana.. and just let Canada have all the early advantages.