RE:RE:A lot of mistakes made in this industryPositivelive1 wrote: 55orbust - quit pointing fingers at other players. We are talking 85$ million not 85$ thousand! And to add to this WEED can’t turn a profit! Keep burn8ng that Constellation $- won’t last forever!
And Canopy regularly overpays (Hiku and S&B), have had crop issues (they just dont think anything is material except putting out positive press releases so they dont tell the market anything bad).
STZ says their investment accretive for them until 2021.
Ohh and they are overstating their medical presence and patents.
Hear that vacuum? Thats Constellation Brands share pricing imploding because they made a bad bet and paid $5B for something they could have intelligently built themselves for <$500M