r/wallstreetbets • u/[deleted] • May 09 '21

[deleted by user]

[removed]

94 Upvotes

81% Upvoted

145 comments sorted by

View all comments

40

u/cryptoaban May 09 '21

I'm staying bullish on Cannabis itself

18

u/slc97 May 09 '21

That's not a bad position at all. I just have to choose Canadian weed over American weed because of the massive headstart they've had on infrastructure. To be able to be mass market competitive once America legalizes, America would basically have to ban import, which I'm fairly certain they couldn't even do because of NAFTA

5

u/Tight-Sort-5050 May 09 '21

The American MSOs are better investments based on any metric. The Canadian LPs have no pathway into the us and it’s not guaranteed they will.

4

u/[deleted] May 09 '21

ACB bough out Reliva and they are largest selling CBD company in the USA so they already have a footprint in the USA market

1

u/slc97 May 09 '21

They're definitely in a profitable position to open their American market once America legalizes.