GREY:YSSCF - Post by User
Post by
BMW4FUNon Mar 05, 2019 3:12pm
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Post# 29445421
Canopy Growth is invested in Solo (YSS) True Fact!!!
Canopy Growth is invested in Solo (YSS) True Fact!!!I bet a lot of investors in Solo Growth didn't realize Canopy Rivers, a subsidiary to Canopy Growth is invested in Solo Growth and also set up an advisory committee and the appointment of the management team for Solo. Hence similar name to Canopy Growth, Solo Growth, and that's not by coincidence! Canopy Rivers is funded by Canopy Growth, which invests in companies that could possibly benefit them financially in the near future. Their portfolio of companies isn't that large so just by them investing and their huge involvement in Solo Growth, tells me I'm satisfied with the due diligence they did on Solo Growth!
Personally I think once YSS by Solo starts opening these stores and the revenue starts flowing in, Canopy Rivers will consider buying Solo Growth. Why not they pretty much run it already with the amount they have on the board of directors. This will add more stores to Canopy Growth's list of stores already open. So one can say that because of the selection process by the way the government is selecting a number of different stores that can operate, this is one way Canapy Growth can own more stores. That is by buying already existing stores with licenses and that are fully operational, like Hiku Brands, Tokyo Smoke which Canopy Growth bought for a $1.91 a share or $250 million, giving it more retail presence. Canopy Growth's stores are called Tweed and in one location in the city of Winnipeg, Tokyo Smoke is a block away from each other. That just happened to work out that way through the acquisition. When Tweed ran low on mj supply quickly, they told their customers to go up a block and buy from their other store, Tokyo Smoke and not missing out on any sales.
Do you understand what im getting at??? This could bring the value of the Solo Growth's share price up exponentially once we are in operation and seasoned! This is the best way to get around the limited amounts of stores the government is allowing to open at this time. Just buy out existing companies that are already operating. Nothing new to business!
Keep in mind, Canopy Growth is the largest MJ company in Canada with very deep pockets funding Canopy River! Hint hint...
With my substantial holdings in Solo, just on that information alone I'm long!
Always do your due diligence before buying any stock!