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Bullboard - Stock Discussion Forum Canopy Growth Corp T.WEED

Alternate Symbol(s):  T.WEED.DB | CGC

Canopy Growth Corporation is a cannabis company. It delivers innovative products with a focus on premium and mainstream cannabis brands, including Doja, 7ACRES, Tweed, and Deep Space, in addition to category-defining vaporizer technology made in Germany by Storz & Bickel. The principal activities of the Company are the production, distribution and sale of a diverse range of cannabis and... see more

TSX:WEED - Post Discussion

Canopy Growth Corp > Thanks for the feedback and posts
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Post by geodcan on Dec 01, 2022 8:46pm

Thanks for the feedback and posts

that are telling me that I am not the only one confused!  This is confusing by design, creative, almost beyond comprehension for a futuristic deal that will happen if WEED deems some form of decriinalization from the whole action plan from the Feds to do business in the US.

Canopy's announcement is probably very representative of all the Canadian pot companies that have the US in their crosshairs.  Canopy just felt that they had enough clout to put the US on alert, and they may have that kind of clout when you consider the money that Constellation Brands ( the winner of all the marbles) to put up $5 billion to have their way with Canopy and other contractually obligated potpreneurs under the Canopy umbrella.  

My take on this is that Constellation used their finances and ability to raise funds to put themselves in very enviable positions for Acreage/Canopy and all of the other parties of interest to Constellation.

They are smart and pulled of a revisit to a $4.3billion dollar deal that the Canopy takeover of Acreage was estimated at and got it down to $38 million to sew it up and when they do the rto, just need to print up some more WEED shares at the rate of 1 WEED for 3 Acreage fixed shares.  That is where the latest deal is at but on the condition that Acreage floating shares get their pants dropped from the US $6 redemption rate per share to a half of a Canopy share which is a royal focking over of long time Acreage investors.

I have always thought when the rto happens between Canopy and Acreage that it would probably take the name of Canopy Growth USA but now the talk of mothballing Canopy operations in Canada and cutting out WEED Canada as a separate company gives me pause for great concern.  I don't like this smell a rotten herring.

Then there is talk of a new LLC Canopy Growth USA umbrella company for gluing together all of these companies and encouragement that that is the only way it will work.

Ultimately I see Constellation holding the umbrella of Canopy, Acreage, Terrascend, Gage, Wana and the other players that Constellation has a hook in and the financing to back up taking first place.

It isn't clear but as a WEED and ACRG a and ACRGb shareholder,  I have an uneasy feeling that my investment is going to be converted to Constellation preferred shareholders.

I know that some of today's posters are smelling the same rotten herring and I would like to see some straightforward explanation and financial projections of how this is going to affect my 125k dollar investment in participating companies.

Without some honesty and clarity of how they intend to bring this all together on US soil, I have concerns despite my willingness to back Canopy's position as having world leading potential including a 10k share bid for more shares of Canopy.

Constellation management is also Canopy management and even Acreage management was put in place by Constellation and I sense that there is deliberate tactics to suppress the value of Acreage considering that things have been going pretty good if you can believe their nrs.  Canadian government didn't step up soon enough and too many players and oversupply is keeping prices down to the point that Canopy should head for the States to try to make our fortune but the US is having the same problems, maybe worse because of the illegal suppliers complete with nice storefronts which is a policing and legislation problem.  I have also expressed concerns about the hardball players, cartels and gangs putting fear into the politiicians charged with making this happen.

There is oversupply and too many players hurting it for the legal players who are trying to do it right to provide a good, clean, safe, inspected and traceable product to consumers.

The US could put their law resources from all of the different lawmaker divisions and the proceeds of crime to finance even more help if needed to clean up the whole mess which is being run more like a cops and robbers business, where you don't need one without the other.

Difficult but doable.  Forget that it was the CSA that fundraised by selling dope to keep financing skirmishes all over the world.

Forget about the generous political contributions from beverage alcohol.  They are already positioning for thc beverages and the donations will pick up where beverage alcohol leaves off.

And for CEOs of these companies, transparency and putting shareholders first is going to be essential for survival.  Not telling is the same as lying and shareholders have a right to know how your decisions are going to affect their investments.

Cut with the complicated doublespeak and quit trying like you are trying to steal the companies from commonshareholders.  There are lots of ways to line your own pockets by being successful as good business stewards.

I hope this helps all concerned to raise awareness and understanding and please let me know what you are thinking is going on here.

glta and dyodd
Comment by Muttmom on Dec 02, 2022 12:31pm
Oh, yeah, I'm confused alright.  I guess I just hope there's another triggering event before we LP's get screwed once and for all. shoulda, coulda, woulda sold twice over if I hadn't been waiting for that magical unicorn of $100 per share. now, I'd be out at $40.
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