Post by
optex1972 on Dec 11, 2018 12:10pm
Canopy Growth seeking Hemp and CBD companys jn USA?
In BNN just now
seems to me Crop could be a target!!! That would be stellar, right setup and right price!!
Comment by
Newinvestee on Dec 11, 2018 12:15pm
Not unless they legalize cannabis. Canopy will not invest in a company that also has cannabis in their portfolio until it has become legal because of their TSX listing
Comment by
Potstocks4daze on Dec 11, 2018 12:20pm
thats ok - i think its too early on to be looking at a buy out - the company is still very much in its infancy, and after all of its execution throughout 2019, i think it would look much sexier to a potential buyer.
Comment by
optex1972 on Dec 11, 2018 12:43pm
True enough. Another thing and this is total spit balling. But given Crops model and expansion on the Nevada asset I think it is quite possible they break the company into two divisions operations wise MJ and Hemp. I think the bill once goes through May lead to such a thing? guess we shall see, either way it’s exciting to think of all of the possibilities in what could happen and be done!
Comment by
StSebastian on Dec 11, 2018 2:17pm
I may be in left field here but I really think crop has alot of potential as they are, I can def. see them competting with $IIPR in a couple of years if they maintain this growth rate... I'd really like to see them carry on. As a side note, what do you think a buyout would look like to current investors? Keep Cropping on!
Comment by
GoldMinee on Dec 11, 2018 2:57pm
Nice consolidation today.... setting up for another 20% move. I suspect we will be in the 40's this week.