We can agree to disagree on this. While I appreciate your optimism the reality is cannabis is still a political football being kicked around. Schumer’s far left bill is as out of touch with reality as the far right and their “refer madness” idiocy. Political will is barely closing in on modest incremental reform at the federal level. That’s just the reality. The very best case scenario is Schumer’s bill is expeditiously voted down and they can get enough votes behind SAFE prior to the midterms. But I’d love to end up being too pessimistic about all this. Either way CLVR appears cheap and should at minimum trade closer to PCLO market cap since these are closely comparable peers.
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