RE:RE:RE:LEVEL THE FEILDYeah, your right. That constellation deal was terrible for canopy and their shareholders.........LMAO. Check your share count biatchejoe. Maybe have a look at the market caps as well because the co stellation deal sure hurt canopy's. Dude your arguements are a joke.
Here, read this too.Canopy Growth is flush with cash after Constellation invested $4 billion in the company last year. This cash stockpile has allowed Canopy to expand into the U.S. hemp market and buy the rights to acquire U.S. cannabis operator Acreage Holdings. Aurora hasn't moved into the huge U.S. market at all yet. Aurora also must still rely on raising capital through bought deal financing transactions. The company announced earlier this month that it had filed a preliminary base shelf prospectus in Canada and a corresponding shelf registration statement in the U.S. to raise up to US$750 million by issuing new securities. That means more dilution in the value of existing shares is probably on the way. Canopy Growth, on the other hand, doesn't have to worry about raising capital thanks to its Constellation deal. Sure, Aurora is hunting for one or more partners outside the cannabis industry. It even signed up billionaire investor Nelson Peltz as a strategic advisor to use his connections to help find partners. But there's no guarantee that this effort will be successful. Even if Aurora does find a partner, it might not involve a sizable equity investment like Canopy received from Constellation.
More dilution and that's just for operating capital.
bionicjoe wrote: Homestretch4me wrote: Oh my God. Deal with the facts as they are. Don't create your own reality and make yourself feel better. Canopy was first because of Bruce's vision and first mover dominance. Canopy continues to pull further ahead because of his vision and first-mover dominance. Maybe you're right, let's freeze every other single cannabis company in the world except Aurora so they can catch up. Good grief
manymoney wrote: If I hear one more person compare CANOPY to AURORA i'll puke , canopy has had a full 6 full quarterly reports ...so lets FREEZE canopy for 6 quarters , let aurora report 6 times , then we compare....LEVEL PLAYING FEILD
What vision? He sold 38% of the company for $4 billion with warrants allowing Constellation to scoop up controlling interest.
BTW, why are you spamming Canopy Growth on the Aurora board? You do realize it's against Stockhouse rules don't you?