RE:RE:Tilray Brands - Financials - North American Cannabis UpdateLots of news coming but you specifically mentioned Canopy, presumably high expectations for their financial picture.
Team Klein at Canopy could have supported a more positive shareprice simply by announcing who's interest he has at heart.
If he is really trying to support and straighten out Canopy, which he should be doing, I think this nr on the 9th will clear it up.
If it is a poor report that will give him reason to trigger the consolidation, which I view as a deathknell for every company that inflicted one on me.
If he would of got off the fence and declared that he was in Canopy's court with his intentions, the shareprice could have easily doubled as shareholders would have been salved a little for the burn they have been enduring.
If it is another red ink event, I will be looking to salvage whatever principal I can get back from this investment.
At this writing I am wishing that I had plunked down on STZ because they are going to do fine either way as the major shareholder of Canopy and Acreage.
If this report tips Canopy into recievorship then Canopy and Acreage shareholders will be screwed out of their investment by deep pockets on the same scale as others like Bre-X, Nortel and so many others.
I hope we hear about the Canopy/Acreage deal that is inked such that they are going to get it done to synergize both of these companies as a MSO doing business on US soil. That is going to be the salvation for Canopy or possibly Germany may benefit Canopy the most because Canada has left the potpreurs strangled.
I hope that Canopy can be ressurected to it's former glory and Tilray too because this wrankles of marketmaker manipulation by big money or other nefarious interests who covet the positives that they can reap when they cut out rightful shareholders and put themselves as principals.
The US is going to get there but one State at a time which will cost them huge moneymaking potential because their politician's are too lazy or stubborn to do the work and do it properly. They have fumbled their way through enough bill proposals and have the opportunity to do some amazing politick'in by taking the best of all those pro-pot bills and putting them into a brand new one to bring fairness and equality to the newly legal, safer vice alternative to beverage alcohol.
Tilray and Canopy are birds of a feather building like minded businesses but tarred with the same brush of protectionism from the US players.
glta and dyodd