Canopy Growth Corp T.WEED

Klein & STDZ: Oops I Did Again

[Savage97]

We believe that this means Canopy must either give up on this deal or be de-listed from Nasdaq,” said Michael Lavery, an analyst with Piper Sandler, in a report to clients Wednesday. “We continue to believe the company remains comfortable with the risk of de-listing, though we believe the risk of this action could be very material capital outflows.”
 

https://www.bnnbloomberg.ca/tmx-group-ceo-greenlights-canopy-s-u-s-plans-despite-nasdaq-uncertainty-1.1838369#.Y1rv_KBDMnM.reddit

[caretired1]

This position is too extreme.  canopy wants 2 things here. 1 they want to put these companies together in a way they can start to create synergies and growth amongst them. Nasdaq doesn't care about this and away canopy goes on this front 2 canopy wants the world to see the financial results of these companies so their stock value gets some lift. They currently can't disclose results

[Savage97]

For your sake I hope you are right.  Why anyone would still trust a CEO who has made every mistake in the book, retail his latest, and the company who backs and rewards him is beyond me.  IMO, this is just a pump and dump before earnings come out to make money through the back door.  GLTA

[GreenSleeves]

Dumping retail is the only smart thing they have done.