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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 > SO TELL ME HOW THIS WORKS
View:
Post by Starsearcher80 on Feb 14, 2022 6:14pm

SO TELL ME HOW THIS WORKS

So let's see. 

1) We've got the CFO saying that profitability in Canada may not happen.  This, in and of itself, is the most damning thing I've heard from Canopy.  Now I've been saying this for several months now, but here is the EXACT same thing from the CFO??

2)  So last quarter the burn rate was well over $500million.  So that puts Canopy bankrupt in a little over 2 more quarters.

Question:  HOW DOES CANOPY SURVIVE??

1)  Could it be via the States??  Nope.  That won't happen now probably for years, and certainly not on Biden's watch.  And with midterms coming up and Dems losing control of the House, that seals the deal that it will not happen.

2) Could it be via a share offering?  Hmmm, they could delay the inevitable.  But at what cost?  First of all the dillution would be massive. Secondly, who wants to buy a company that could be facing bankruptcy?  So to make the offering even remotely attractive, they'll have to massively drop the price of the offering.  Well guess what happens then?  The share price drops to that same valuation too. Not to mention the easiest short game in town. Short the Hell out of the stock, and have a guaranteed cover with your bought shares from the offering, i.e., you don't have to go to market to cover.

So all in, while this does stall things for a quarter...maybe 2 quarters, you're right back buring cash and chasing rainbows that just aren't there. Canopy's latest is "we're going after the Craft market".  Sure you are.  Just like every other market you went after, and failed.  Niche markets are for small companies that are agile and can make a craft product.  Canopy is a big company trying to now play the niche game?  That is a doomed strategy.

In conclusion:

So the only question really is, does Canopy fail quickly...or less quickly?  This stock remains a short's dream.  There's plenty of blood in the water, and the sharks are circling.  Just a matter of time now.

And finally, to the Clowns.  How come not even one of you has offered any rebuttal to what the CFO said?  I know... I know.  She knows nothing too.  You're all wayyyy smarter than her and have far greater insight...right?  ;)
Comment by Doubleeagles on Feb 14, 2022 8:42pm
Which public cannibis company do you like? Certainly the genie is out of the bottle so 10 years from now this industry will be even more developed. Why do all Canabis companies share price basically trade in tandem?  Is all cannabis companies going to fail? Tell me one cannabis company you like today meaning right now that you would put your dollars in that will be a winner. Your all bad ...more  
Comment by Takingarisk on Feb 14, 2022 9:18pm
AUxly the next big one
Comment by Starsearcher80 on Feb 15, 2022 7:13am
I actually don't like any of them at the moment, although at one time or another over the past 5 years, I've traded in and out of most of them. If I had to pick one, it would be along the lines of one of the smaller producers that had the good sense to stay in their lane.  To the contrary, Canopy is the absolute poster child of excess and bravado.  They are now being crushed ...more  
Comment by dragshot on Feb 15, 2022 7:57am
And now we wait for Newbie420's deflection. lol 
Comment by TheGrapeOne on Feb 15, 2022 8:15am
So a few point. You are not in this stock so why does anyone have to justify anything to you? you have mised out on the major runs in this stock in the past, showing your inability to read the market or understand this industry. You ran a pump and dump in AC so I am thinking now you are secretly buying here now while you bash. I expect int he next month or so you flip your switch and claim to ...more  
Comment by Starsearcher80 on Feb 15, 2022 8:56am
SOOOOO typical of you Grapenut. NEVER answer the  question.  Just attack the person.  You're not responding to me, you idiot.  Your sharing your wisdom for the benefit of the board.  I don't care if it is for, or against. But for God's sake, actually say something that contributes to the dsicussion. So let's here your rebuttal.  Or are you again just ...more  
Comment by Newbie420 on Feb 15, 2022 9:44am
This post has been removed in accordance with Community Policy
Comment by Newbie420 on Feb 15, 2022 9:42am
Want to know who this starsearcher character is? Read the following and see if he checks all the boxes. https://www.reddit.com/r/Superstonk/comments/mkos3f/analysis_research_of_paid_stock_bashers_same/
Comment by Doubleeagles on Feb 15, 2022 12:23pm
Can we all assume you are short Canopy Growth? Are you on record as being short the shares? Otherwise I just can't fathom your daily motivation of monitoring this board? There are some bright Clowns on this board that have very large positions including my self in the 100's of thousands.
Comment by Starsearcher80 on Feb 15, 2022 3:35pm
No, I'm not short, although that is clearly the play. Why not? I got burned once on a short and now emotions on the short get the better of me. Emotions cloud good decision making. As for the Clowns, that they can't and don't ever offer a rebuttal with any sound reasoning is what makes them a Clown in the first place. Kind of a circular argument don't you think? I could care less ...more  
Comment by Newbie420 on Feb 15, 2022 4:22pm
Want to know who this starsearcher character is? Read the following and see if he checks all the boxes. https://www.reddit.com/r/Superstonk/comments/mkos3f/analysis_research_of_paid_stock_bashers_same/ So I would like everybody to look at this last post from a common-sense standpoint. You have star searcher who claims that he is 100% certain that this stock is going bankrupt yet he does not ...more  
Comment by Doubleeagles on Feb 15, 2022 5:00pm
I guess one needs to do what needs to do to give them pleasure if there is no other reason for spending precious time on this board. For me I'm a clown with a bag full of shares and I've been checking in often to get great industry information and to be of course with those invested in Canopy. Which by the way have great management team and supported by a superior company in Constelation ...more  
Comment by Starsearcher80 on Feb 15, 2022 8:42pm
Ok DoubleEagles, let's work with you here for a moment. So you openly admit that you're married to the stock. And by the way, in my days wayyyy back when I've done this too.  But the thing is, you should learn by the mistake made.  And you've certainly had ample time now to do that learning and vow to never make the same mistake again.  Marrying the stock only turns ...more  
Comment by Newbie420 on Feb 15, 2022 9:24pm
Want to know who this starsearcher character is? Read the following and see if he checks all the boxes. . https://www.reddit.com/r/Superstonk/comments/mkos3f/analysis_research_of_paid_stock_bashers_same/ .
Comment by Doubleeagles on Feb 15, 2022 9:54pm
Sorry not married but have an extremely large position that has so far been a great investment for me. I like how I had the insight in the early days to convert US dollars to Canadian and bought tweed on the venture exchange. I have seen this company evolve something you can't say. I have been on the sidelines watching you fumble back and forth. it is happening again to you I'm sorry to ...more  
Comment by Starsearcher80 on Feb 16, 2022 6:08am
Ummm, not married?  You are the poster child of married-to-the-stock! 1) Congratulations on your early buy.  Truly, well done.  But there are TWO sides to the equation.  Knowing when to buy, and then knowing when to sell.  And on that front, you've now failed completely 3 times on run-ups that had you not been married, would have easily sold into. You have seen this ...more  
Comment by Newbie420 on Feb 16, 2022 9:22am
Want to know who this starsearcher character is? Read the following and see if he checks all the boxes. . https://www.reddit.com/r/Superstonk/comments/mkos3f/analysis_research_of_paid_stock_bashers_same/ .
Comment by Rune505 on Feb 15, 2022 8:57pm
Haha! He's not long and he's not short yet he comes back day after day wishing everyone well with his class and bon vivant personality. Sad that tenacity and occupational thinking isn't put to better use. At this point he could tell everyone that he microwaved his cat and people wouldn't think any less of him than they already do. Not sure why  he's trying to save face by ...more  
Comment by Newbie420 on Feb 15, 2022 12:20am
Want to know who this starsearcher character is. Read the following and see if he checks all the boxes. https://www.reddit.com/r/Superstonk/comments/mkos3f/analysis_research_of_paid_stock_bashers_same/
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