RE:RE:RE:RE:Canopy up 26% pre marketYes, the market may re-evaluate the JV and so may Molson in terms of increasing investment. Also, the CMI market cap will increase overall, ref my post on the ACB board below.
the MJ index has a formula for all companies included in this index. It is based on percentage of overall market cap and ties into individual stock news and volume as well. For a rudimentary example, Aurora has a 5% share on CMI overall market cap, so a Canopy advance of 40% in conjunction with them having a 6% market cap percentage of overall cap would give ACB a 5% upstart before any buyer sentiment kicked in or any other material news.... clear as mud?