Canopy Growth Corp CGC

Canada's canceled licenses

[Tradinghands]

Canada's cannabis sector is imploding and prices for products have lost closed to half their value as companies fold up and leave because theres not enough money in this sector. The DEA changes will take up to a year so eveyone just has to look at where these shares were trading before the DEA hype TLRY was at $1.60 USD and Canopy was at $3 from a 3 year high of $250 USD they were both heading towards bankruptcy or selling off parts or looking to raise money. If you are a long then you'll be lucky if in 2 years you double your money. Too risky of a sector and thats why these stocks are underperforming. 

Canada's canceled licenses, ‘uncollectible' cannabis taxes soar (mjbizdaily.com)

[BrokerG]

I think it is pretty obvious Tradinghands has shorted the stock and is trying to get everyone to sell. Well guess what - he wins. There is no way possible this stock should have dropped today. MSO's index was up, even Tilray was up and we get clobbered another 10%. Even the guys on the DLR report can't understand why Canopy is dropping like a lead balloon. Well it does not matter- shorts

[Oldweed]

Here is my opinion: 1) the stock rose on S3 news but S3 has no impact on CGC Canadian operations.. 2) Constellation has moved out of CGC into CUSA and has reiterated there will be no more money for CGC, basically show me the money moment for Klien and gang. 3) The new structure is complicated  and muddy at best, and apppears to be slanted towards giving Constellations all the options to hold