Canopy Growth Corp T.WEED

Canopy is down but not out!

[geodcan]

Canopy is a victim of it's own success.  Irrational exuberance in the beginning opened investor's eyes to the fact that potpreneurship is a real deal.

We got to lofty heights which gave us a long way to fall, and we did!  I blame politics on a lot of what has happened to our shareprice.

Pot legalization for adult rec use was born out of the medicinal pot laws in Canada.  It was done quickly but without much input and the do-gooders won with a whole bunch of segways to get out of it becoming a thriving new vice.  This was overdone bigtime with only allowing smokeable forms until a couple of years later we finally got the ok for edibles/drinkables.  They strangled the shyt out of the thc drinkables with unreasonable posession limits that only allowed 5 beverages at one visit.  That doesn't do much good for a guy going out to the bush camping for the weekend.  If that happened to beer there would be rioting in the streets.

Canada's watchdogs also bequeathed that alcohol and marijuana wouldn't be served or sold at the same venue and killed the potential of cannabinoid infused beverages being served in established bars and lounges alongside alcohol.

And then there is the packaging for Canada's skus that makes them look more like nuclear goods with all of the plain wrappers plastered with big yellow and red warning labels to the point where they pretty much look like they were all made by the same company.

Canada led the way with marijuana legalization but over-thought it so much that they effectively strangled the positives at the consumer level.

Small wonder that Canadian LPs have switched focus to the US market where their MSOs are doing a better job of lobbying for what the cannabis industry needs.  And then there is the fact that it has 10x the potential.  Kudos to American businesspeople that have strategically navigated the laws as they are in legal States for adult rec and pharma use for patients into good businesses with profits left over.

They have done this with the Fed handing over their head but have the advantage that they are homegrown US businesses that also managed to put fear in non US potpreneurs with protectionist stock listing qualifiers such that you lose your NYSE listing if you "touch" the product.  It even affected the Toronto Stock Exchange who tucked right in and followed suit for fear of upsetting American business and lawmakers even though Marijuana and Hemp are both legal and safe in Canada as well as include tracking systems and other Safety checks such that consumers get the best that we can offer.

This new vice industry was a dream of a lot of people but Bruce Linton was responsible for one of the biggest business deals ever in the marijuana and hemp business when he convinced Constellation Brands to put up $5 billion with a B in Canadian dollars to put them within reach of control of Canopy Growth.

Constellation was one of the first to commit to the success potential and others followed suit.  Constellation didn't stop there and were responsible for our success to be weighed by accounting fundamentals rather than exitement and irrationality.

For awhile everybody overpaid for assets and pretty much none of the pot businesses showed profits commensurate with their shareprice.  Even the big US MSOs got rightsized and re-evaluated down.

Canada is in no rush to fix what is wrong to actually support Canadian potpreneurs which is why most of the major LPs have struck creative deals to happen in the future when the much anticipated deregualtion of marijuana from Fed legislation catches up to the will of their voters.

Canopy has paid $38 million to Acreage Holdings, a leading US MSO that has all of the moving parts that Canopy is going to need for quickly entering the US marketplace.  All that is required is for some form of legislation that can be considered a "triggering event" to launch the US greenrush.  That is what non US potpreneurs will protect us from the heavy penaltys on the Fed books for marijuana.

Other Canadian LPs are doing similar option contracts with US potpreneurs that they think will complement their businesses in the US.

Canada has had a headstart and time to tweak some of their skus which they are doing branding deals with to get them on shelves, manufactured by US businesses, so legal!

Some like minded US politicians have put forth another bill that they asked for input from the GOP to write and get passed some kind of a bill that non US interests will accept before they put down physical roots.

As far as the competence of Canopy/STZ, they had the business accumen to re-visit the original deal with Acreage that Canopy had valued at $4.3 billion down to $38 million and the rest of the deal is some sharefloat dilution and the cost of paper stock certificates.  All of the non US potpreneurs that have intentions of being on US soil are working their own angles with similar deals with US companies or branding deals to get their products into the hands of consumers.

For all intents and purposes, Canopy and Constellation aren't sitting on their hands.  They are doing deals with full intentions of maintaining a leadership position on US soil and it doesn't stop there.  They have legal deals for loans and buyouts of several other companies of interest in the US while waiting for a triggering event.

STZ are hardcore business people that put up $5 billion to protect themselves from the marketshare loss of their soft beverage alcohol business in favour of healthier alternative beverage products and they chose Canopy over all of the competion.

They are a good big brother to have in your corner and solidifies my belief that Canopy will rebound to old highs or higher and be standing in the winners circle when the smoke clears.

glta and dyodd

[anjz661]

IMO they can only go up from here.

[TruthSocial]

Just wondering how's Canopy products doing in Colorado, Oregan, Michigan..?? Because any new legalized state quickly becomes saturatured with cannabis products. Even Canada had a hard time passing legalization with the conservatives, and it ain't nothing like the GOP crazies. P.S. TS

[anjz661]

Hoping for a good week! https://www.msn.com/en-ca/money/topstories/u-s-lawmakers-making-one-last-push-to-reform-cannabis-laws-before-november-midterms/ar-AA10dqg3?li=AAgh0dA

[charliebitmyfin]

suppose everything goes just right, where do you see the future sp, 10? 20? 30? 40? 50? 60?