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Bullboard - Stock Discussion Forum Canopy Growth Corp T.WEED

Alternate Symbol(s):  CGC | T.WEED.DB

Canopy Growth Corporation is a cannabis and consumer packaged goods (CPG) company. The Company delivers innovative products with a focus on premium and mainstream cannabis brands, including Doja, 7ACRES, Tweed, and Deep Space. Its CPG portfolio includes gourmet wellness products by Martha Stewart CBD, and vaporizer technology made in Germany by Storz & Bickel. The principal activities of the... see more

TSX:WEED - Post Discussion

Canopy Growth Corp > BUT SINCE YOU ASKED...
View:
Post by Starsearcher80 on May 07, 2021 8:51pm

BUT SINCE YOU ASKED...

But since you want other facts, which I've already stated, I'll mention the most important ones again here.

1) There is NOT going to be Federal legalization in a Biden Presidency.  Decriminalization at best.  That makes this stock DEAD MONEY for possibly years.

2) Canopy's cash burn of $4 BILLION over the past 2 years is atrocious.  And for what?  Seriously, no one has answered how that was all money well spent.  Hell, at least when Bruce spent it, it was fun.  The new management blows $4billion...ON WHAT?  I see nothing that shows $4billion more worth of value.

3)  The shelf filing is a flag.  Welcome to future dillution.  Now go back to #2 above.

4) Canopy is STILL unwinding Bruce's free-for-all and attempting to redirect in ways that will better serve the company and investors.  That this is STILL going on shows how much of a mess there was.

5)  You couldn't pay me to be anywhere near this upcoming quarterly.  80% potential of being really bad. 15% chance of being neutral. 5% chance of making it up to "acceptable".

But wait, I've been saying these things ever since selling at $44.00  People hear what they want to hear, and discredit what doesn't fit their narrative.  The Clowns do this all the time as they are hopelessly married to the stock.  For some reason, beyond me, they forget the main reason you're here at all.

TO MAKE MONEY.
Comment by Joe455 on May 07, 2021 8:58pm
If there are more votes gained than lost, the dems would legalize incest.
Comment by dragshot on May 09, 2021 7:58am
Well said!  I'm glad someone is keeping it real here.  Your tough love approach seems to have hit a nerve with a lot of members.  Typical. You try to feed them a bit of advice any they bite your hand.  So many dreamers on this board.  You really have to be delicate with them.  Losing money can make one pretty sensitive.  I do wish everyone the best but some ...more  
Comment by WestCoast78 on May 09, 2021 11:26am
Ahhh, alias # 276.  Rrriiiiiiiight.   Ciao.  
Comment by IvankaThePariah on May 09, 2021 1:42pm
Yeah, I'm just a dreamer.  I dreamed myself right into early retirement.  Like when I bot FB in 2013 at $18 I dreamed it was a good idea even though my so-called financial advisor said it was a bad idea.  Or when I INVESTED in Canopy at $2.65.  Bruce Linton was a dreamer, too.  Thank gawd some people dream.  As for you, the snowy peaks and hordes of ignoramuses up ...more  
Comment by PlantManager013 on May 09, 2021 2:39pm
Well said. Looks like SS98.5 keeps finding morons to believe his bullshit. There's always some fresh simple minds whose shares he can milk to make a 100$ profit on his trades. The Great Gizzard of Oz, who spends his every waking second on a forum viewed by a couple hundred people/day, to convince them just how amazing he is. And you know why he does that? It's because his wife ...more  
Comment by dragshot on May 09, 2021 9:23pm
So you just sat there and watched this thing bleed out from $70?  You call that dreaming? I call it lost opportunity.  Investment houses have been exiting by the droves since February.  At the very least, a simple technical indicator like the 30dayMA could have helped you to keep what's yours.  Instead, you just let it slip away?  That's lost money that could have ...more  
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