RE:RE:RE:Big PictureAgain, I politely disagree. The multinational corps do their dd prior to throwing around money unlike some of the retail investors which at the moment are the majority of the sector. As for Canopy, honestly, do you expect Canopy to be profitable last quarter when cannabis was not even decrimanized? If you are wanting to gauge some numbers you will have to wait for the numbers for oct/nov/Dec, but even those will be slightly off due to the way the provincial governments have executed their part of the decriminalization of cannabis.
Bitofgreen wrote: Hopefully, with the investment, Canopy can turn the 100M loss they posted last quarter into profit. Increasing any stock price artificially only supports the current environment.
UniverseofLimes wrote: Politely disagree, an inked deal with a multinational Corp with big pockets would increase the sp immediately and allow Apha to invest globally in order to achieve future growth. The market will not reward a company with moderate numbers in the Canadian space alone anymore. We know apha's game plan and we need some home run hits to ignite the sector. If you recall what constellations did for the sector and the dramatic impact to the sector and to Canopy as well.
Bitofgreen wrote: Bottom line is the only metric that matters. Listing, partners and hoping for news does not replace revenues, governance and profit. To achieve the latter, growth is required. The market will react when this is demonstrated and until then expect volatility. If you believe in the company, buy when you can, accumulate and shut out the noise.