RE:RE:Another
Dude51 wrote: I especially liked this quote about Canopy and why we closed up Friday imo. Good God shorties, what are you doing here?lol:
"This company released its earnings for the second-quarter (Q2) of fiscal 2023 on November 9. Canopy Growth posted net revenue growth of 7% quarter over quarter."
Hats off to management, no worries management, this will soar when Biden reschedules. He could pull out the old pen from Scranton and poof, marijuana is safe in so many ways.
On Biden’s news, WEED could hit 100 bucks imo. That initial in rush after Joe hits the switch will be historic. 2022 aint over yet. Only question is, does Biden do it now or wait till the anarchists control the house? All they have to do is look to Canada for proof. It did nothing but generate tax dollars for the gov and jobs for the masses. What’s not to like? GL
I don't know that we'll see $50 or $100 for weed, but I do think they're in better shape and have positioned themselves much better than the market is currently pricing them at, and when compared to their peers.The Schumer fiasco was a joke, and it has taken its toll. A decent quarter, some more good news at the state level (which I think we'll see a lot more of), maybe even something at the federal level (not holding my breath), along with constellation possibly picking up more shares, could move the needle back to $4+ quite easily. I'm hoping that's the case, but we'll have to wait and see.