Canopy Growth Corp T.WEED

My opinion as entrepreneur

[SCRILO]

Okay, we get it, Canopy is in hot water, I can't help but notice that constellation brands is rather calm about their investment, and they're sticking by Canopy. Is it a coincidence that Mr Klein was previously CFO at constellation brands? Can it all be orchestrated to keep a closer eye on what's going on within Canopy? Obviously, Canopy is getting rid of all retail side of the business selling off buildings that grow cannabis to reduce debt, lining up with a constellation brands business plan. Constellation brands will come in save the day, be the hero and buyout the canopy brand to market its future cannabis beverage.... Basically build a brand that everyone wants and let subcontractors do all the heavy lifting with production in the future. I believe canopy is a brand.

what do others think?

[quinlash]

I would bet that Constellation is interested in sticking with the investment and seeing Canopy succeed.  In terms of current management, yes, Constellation definately has current CEO in place to keep watch on the operations etc however he has not been instilling the confidence in the market that is needed to recover the SP back to anything near an acceptable level. IMHO... current CEO is on

[SCRILO]

It's what I'm insinuating... mr Klein is not there to necessarily do anything bold. I see it like wifi technology but nobody has wifi capability yet. People don't know they want it yet, the world has not had a cannabis drink yet. The space needs to grow organically (no pun intended) I'm thinking all they're doing is buying time literally. They built the brand with Constallation

[Donwaan]

Will the current Nasdaq listing be sacrificed during this 'buying time' period with the intent of a future Canopy USA listing to come?

[quinlash]

Not too sure if I understand your question however the NasDaq listing is a US Listing / Exchange.  The company may be shifting ticker symbols in the future if that whole thing they are doing with getting around restrictions on companies that "touch" the cannabis plant. I believe TDR (The Dales Report) did a decent YouTube Video covering the topic so I will not attempt to rehash

[Donwaan]

How will Canopy retain it's CGC Nasdaq listing if the share price remains below the $1 minimum threshold? Will they simply accept de-listing while awaiting Canopy USA? Or a share consolidation to stay above the threshold?