RE:RE:RE:CGC and Indiva The day after Canopy Growth reported to have entered into an agreement to acquire Wana Brands, , Raymond James Financial (NYSE: RJF) downgraded Indiva to Outperform from Strong Buy and lowered its price target to C$1.25 from C$1.75. We are not surprised by the downgrade and expect other mid-tier Canadian LPs to be impacted by agreements that are similar to the one between Canopy and Wana Brands.
As far as quality flower goes , they already bought Supreme which grows the best flower in Canada so there's that !!