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Canopy Growth Corp T.WEED

Alternate Symbol(s):  CGC | T.WEED.DB

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 cannabinoid-based products for both adult-use and medical purposes under a portfolio of distinct brands in Canada. Its Canada cannabis segment includes the production, distribution, and sale of a range of cannabis, hemp, and cannabis related products in Canada. International markets cannabis segment includes the production, distribution, and sale of a range of cannabis and hemp products internationally. Storz & Bickel segment includes the production, distribution, and sale of vaporizers. This Works segment includes the production, distribution and sale of beauty, skincare, wellness and sleep products.


TSX:WEED - Post by User

Bullboard Posts
Comment by Bobthebuilddron Feb 04, 2017 7:10pm
93 Views
Post# 25800584

RE:RE:RE:RE:RE:RBC rounded down .96 of a share... Stole $10.10 from me

RE:RE:RE:RE:RE:RBC rounded down .96 of a share... Stole $10.10 from me The MJ space is the new " class action lawsuit " everyone wants to get in on. I swear to God. Sometimes I think people only invest in these venture spaces so they can hope on a class action lawsuit. Maybe get a couple bucks for doing nothing. If you are that concerned about your 10$. Gimme your address and I'll mail you a tim Hortons gift card for 10$. Under the assumption you never post on this forum again.
RainbowRunner wrote:
Dontbesogreedy wrote:
I don't think the 'banks' are holding on (on us) for once.  I am in the same situation.  potential class action.

I REALLY don't think it will get to that... I think someone, anyone, should contact WEED and they WILL make it right.

Having unfortunately worked in finance at one point in my life (which is why I know unequivocally and without exception that investment "advisors" are the scum of the earth), I have had experience with fractional shares. In the case of a merger where fractional shares result, two things can happen - either cash will be issued for the fraction, or the number of shares will be rounded down.  One or the other is usually specified in the merger documents.  I've not read the CGC/MT docs so don't know what happened here and frankly couldn't care less.  Luckily, most of us don't have to worry about being ripped off for a fraction of $10, but if you are concerned (after along, you could buy a nice gram of product for that!), a quick call to your bank, broker or "advisor" should give you the answer.  These kinds of transactions happen all the time and it's not likely Canopy didn't cover its a$$, so to the poster who first mentioned "class action" - LOL.  Good luck to ya.


Bullboard Posts