RE:RE:RE:Do the Math canopy will be making 500 million next year You are right on the money longon MJ.
First of all all there is a very comptetive recreational market. For the record I’m long on Canopy as being one of the leaders but just because they buy out Alcaliber does it mean it will be a success for Canopy. The medicinal drugs are highly competitive and controlled by the HUGE PHARMACEUTICAL COMPANIES. IT is not going to be so easy as some think grabbing big Pharmas share of the market for medicinal pain relief.
You are so right many here are getting way to excited about Canopy buying Alcaliber (if it does go through) cuz we need profits profits profits to see Canopy break the 44 and stay there and not fall.
Lets hope we are the “KINGS FIRST OF THE RECREATIONAL MARKET”.
We must be patient but no harm buying and selling on the dips with some of your cash.
Good of luck to all