Canopy Growth Corp T.WEED

RE:Why WEED only owns 29 % of Canopy River ?

[Viking49]

krisruna wrote: (1) Canopy River will do all international  expansions (including 7 Countries). We only own 29 % of Canopy River. That sounds frustrating. All our international ambitions, and we own only 29 % of it. This does not sound logical, and I am frustrated. Am I missing something here ?

(2) Does WEED has international expansion plan seperate from Canopy River also (I am not aware). Will appreciate any (more) info. Many thanks.

I pointed this out some time ago.  Canopy Rivers was initially started as a wholly owned arm of Canopy Growth for strategic investments in the cannabis industry.

The insiders then started raising money outside the umbrella of Canopy Growth to the extent that Canopy Growth only owns 29% of Canopy Rivers now.

The last deal in Quebec for new production was split a third each to the; partner, Canopy Growth and Canopy Rivers.  So Canopy Growth shareholders will only get 43% benefit of that deal.

And management is involving Canopy Rivers in more and more deals. 

Why?  Management and insiders will benefit more on the deals thru their Canopy Rivers ownership.  And Canopy Growth shareholders will eventually realize the management is diluting Canopy Growth revenue to benefit the insider class invested in Canopy Rivers.

Do your own DD and beware what you buy!