What would happen to the share price if legalization is delayed a year? I think the share price would go down significantly. It appears to me that there is maybe an 85% or more probability that recreational cannabis passes by summer 2018. It is not definite, otherwise legalization would be priced in. There is a risk discount in the share price once it finds its support level. My prediction is the shares find a support price and if/when legalization passes this summer the price goes up. How much? Does the old adage ... buy the rumor, sell the news apply? Don’t know, and doubt it ... no guarantees ... but this much I do know after being it Canopy for years. Canopy is a highly speculative stock ...
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