RE:👊👊BREAKING NEWS👊👊WEED💥Canopy is a stock which is destined for great heights. The constellation stake is the game changer here. Constellation is already working on cannabis drinks with canopy and the expected launch is early 2019 when dust settles for the weed legalization across all provinces.
Canopy would be in the range of $160-180 by March 2019. The $50 barrier will be crossed before June for sure, there isn’t a single percent doubt about that.
PE ratios and the metrics aren’t applicable at this stage in the business. It’s the take off stage and capital investments are going to determine the growth of the company. Talking about profits per cent at this stage is like putting the cart before the horse.
Canopy’s Organisational structure is solid and professional.