Canopy Growth Corp T.WEED

10 million shares traded on Friday

[geodcan]

and 7.5 mill of those were traded south of the border.  It wasn't even a regular trading week with US Thanksgiving.  I don't get why US investors are buying CGC and not buying CGC USA Acreage Holdings division.  That Acreage investment is on sale right now by my calculations and when Canopy is allowed to put it under the Canopy name those Acreage shares get converted to Canopy shares.  When there is a perception of the US triggering event happening, I predict that you will see Canopy back up to $60 or better and those CGC shares that are being picked up in massive amounts by US investors will be in short supply as Canopy is being recognized as a true blue chip investment.  At Friday's prices for Canopy and the beat down sp of Acreage there is almost a triple to be had subject to said triggering event.  The amount of US investing in Canopy suggests that this is going to happen and it isn't just Canopy shares but also other Canadian Licensed Producers being purchased by US investors in addition to Canadian LPs picking up assets in the US.  Investors just don't get that Acreage Holdings is Canopy's choice of the US MSOs for full launch into the US marketplace and it seems more and more that all of these companies are acting like the legalities have already happened or are a sure thing.  Canopy is already getting their brands on shelves through Acreage retailers with branding deals and they are pushing the hottest items which are beverages which are flying off shelves in Canada and they expect the same in the US.  Then there is BioSteel, Martha Stewart gummies and even pet chews and more.  The movers and shakers are moving already and not waiting on the rules and regulations and Canopy is amongst the most credible because they are executing and have financing.  Their plan for the US is Acreage Holdings to be swallowed up by Canopy and it is on sale imho.  glta and dyodd

[TeamEddie]

over 12.5 m shares traded and 4.9m were in Canada 

[Iminlong]

I'm sure you will see Acreage shares move but it's going to be a last minute rush. Look at how much WEED/ CGC have increased since March. I, for one am glad I have focused on WEED as opposed to Acreage these past 8 or 9 months. 

[Homestretch4me]

That makes no sense at all. Let me try to make it easier for you. I will do all calculations using Canopy's American share price. I'll also use your timeframe of ~8 months. Starting cash balance of $20000 US April 1st price of Acreage was $2.01 US April 1st price of Canopy was $13.58 US If you bought Acreage you would have got ~10000 shares of acreage If you bought canopy you would have

[Iminlong]

Homestretch, thanks for the detailed response. I'm not debating your figures or what you say will be the case once the triggering event takes place. When I posted, I was definitely talking about right now which is pre-triggering event. What I was trying to imply was that Acreage's shares are going to go up as soon as it becomes clear that the triggering event is imminent. At that time

[geodcan]

I sold the bulk of my Canopy and had full intentions of getting back in at lower prices but jumped in with both feet on Acreage.  Too soon, I might add.  Paid too much and even averaged down when Acreage wasn't getting any luvin'.  I've got a lot but fearful of putting any more cash into it, even when it flirted with a buck and half.  It isn't getting the

[Rotaluceps]

Yes they could walk away. They still own a good part of ACR and they can just keep the things as they are, if they don't like the performance of ACR, or find better opportunities.  On June 27, 2019, Acreage implemented an arrangement under section 288 of the Business Corporations ‎Act (British Columbia) with Canopy Growth Corporation (“Canopy Growth”), which was subsequently amended on

[Homestretch4me]

Actually you are wrong on both points you make. First of all, Canopy does not own any Acreage shares. Canopy owns the right to acquire some or all of the outstanding shares of acreage if a triggering event happens or if Canopy waives the triggering event. Secondly, Canopy must consummate the contract if a triggering event happens, there is no option if a triggering event happens they must fulfill

[Rotaluceps]

There is one triggering event and this is the FED legalisation. I am aware about the Acreage deal and you are right. I didn't read into this for several months, and it was a big brainfarting. I am involved in many MJ companies and WEED was also one of them. I have many things to reminder and check, and I am working. I just sold lately, and about half each of my remaining companies. Also the

[Homestretch4me]

There are about half a dozen triggering events and states rights is the holy grail for large financially backed companies like Canopy but you keep sticking your head in the sand.

[Rotaluceps]

CGC can't sell THC cannabis products in the US untill it is federally legalized. They can't do business between states that are "state legalized". They can sell CDB products and we will see how it is going. Acreage Holding didn"t impressed with their quarter result, so their stock price. Biden is against the Fed legalisation but want to decrimilized it. Until Harris replaces

[Roadapples]

Let us know how your short postion performs this week. Enjoy. As for me I am long and hold shares as well as January Calls. 

[Rotaluceps]

You should quote who you are replying to. Beside your "short" fantasy obsession, you could tell me what is not accurate in my post? I don't wear rose glasses. 

[Homestretch4me]

You must be new. There used to be a guy, I can't quite remember his name but I think it was Bruce Linton who said that regulation and laws preventing the transport of cannabis from one state to another was a very good thing as it makes it prohibitively expensive for small and medium operators. A barrier to entry you might call it. Large, financially backed companies such as Canopy have the

[Rotaluceps]

You have to see things as a whole. It is not because a guy or Linton said that, that he is right. Linton and many CEOs said a lot of things and many investors lost their shirt listening to them. If it is a small or a medium business, I don't see why they would expand in many states, since it would be a costly venture instead of developping in its own state. They would need to be MSO meaning

[Homestretch4me]

Yeah you're right......what did Bruce know....not! Its not a question of whether Bruce is right or not. It is a fact that it wil be way more expensive to operate nationally if cannabis can't be shipped across state lines. Any company that remains state specific will be small in comparison to MSO's and will be swallowed up by companies like Canopy. The safe banking act might be the