Supply Chain:
I'm basing their 10% ownership on the fact that they have seen some prospect in AC8 (perhaps?). Do you think Canopy would only grow in Canada and export internationally? If AC8 is granted a licence to cultivate and manufacture i'd assume Canopy would be able to front some assistance and give guidance to setting up factories here to grow in Australia in partnership. I'd also add in that whilst we could have exportation from CA we'd obviously be landing some farms down under to enable to supply to meet the demands - Australian soil is too good to pass up i'd imagine, so homegrown would have to be on the cards.
With such a big force behind a decent company it's satisfying for shareholders to continue to hold. Just like how I was pissed when Macquarie bought in and I sold out, then they sold off and now it looks like they're back in. Not sure whats going on there - but it's good to know you've been backed up my some big names.
Commercialisation:
With you on this one, the day I drive past a billboard offering me marry jane for my sore back....what a time to be alive .
Best!
MMJ Price at posting:
38.0¢ Sentiment: Buy Disclosure: Held
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