RE:Canopy killed both companies BraydonL wrote: Canopy will buy wmd in a month . They made a smart play . Killed both stocks . Hiku/wmd has potential to be 3 plus a share within two months . Now hiku is 1.91 and wmd who knows when the offer comes maybe 2.50 ? . Either way anyone invested in either company just took one in the b#tt.
One month and everyone invested will be have been a lot happier . No share holder of either hiku or wmd should be happy right now . Long term this is a huge loss for both companies.
Kind of have to agree that Canopy is the only real winner in this deal. Kill what would have been some serious competition and for dirt cheap on top of that. Hiku’s my baby but dropping out at the last possible second isn’t exactly classy either.