Canopy owns 20% of Indivathat just got halted for restructuring or sale.
Will Canopy pick up the leading edibles producer in Canada at the market or finnagle their way in after the protection comes off.
It seems that everything Canopy invests in since STZ's arrival has turned to near worthlessness.
All of Canopy's investment choices head into the tank but they still pick up brands of interest at firesale prices. Is this done by design!
The whole pot industry got in the habit of overpaying for assets even after the bud fell off the plant.
There is too much supply and too many players and that needs to get corrected. Is STZ management trying to tank these companies singlehandedly?
Surely they must apply some expertise to these companies that they own shares in which raises the question of why Indiva and why BioSteel under their umbrella of companies?
Some think that Indiva is done since it's halt and it is a leading Canadian edibles producer.
glta and dyodd