CSE:ACRG.A.U - Post by User
Comment by
Quietinvestoron Nov 04, 2020 4:44pm
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Post# 31839306
RE:Canopy is a big trader on the NYSE today
RE:Canopy is a big trader on the NYSE todayAfter my due diligence two weeks ago, fully agree with you and have invested. For me it boils down to one key issue - triggering event. Believe:
- it will occur either driven by the States or by the Fed alone.
- there is a chance that the company could, on its own, do well before the triggering event. If that were true, the stock split might be better. It has changed once before and could again.
- CANOPY is now into ACREAGE holdings business in detail. I read the most recent agreement on SEDAR and concluded that CANOPY is all in - key decisions by Acreage must be approved by CANOPY.
At the current valuation, it is a deal investing into CANOPY USA.
GLTA