RE:RE:Cannabis Sector SP manipulation?That's because it was a terrible acquisition at a very high price into a market that is declining. Constellation Brands made its investment in canopy because they knew that beer sales were going to go south. Aphria on the other hand just purchased a beer company. So while constellation Brands, a Fortune 500 company, books to diversify out of the beer industry with their investment in canopy aphria looks to get into an industry the constellation brand sees as declining. Now you can side with a Frias management and their view of the Beer Market or you can side with constellation Brands a Fortune 500 company and their view of the Beer Market. I know who the institutional investors will give more credibility to
DELLicious wrote: Yup, once again no love for APHA. No matter what happens market just won't care. ACB on the other hand, will explode today (already at +24%) and then it will most likely crash and burn in a day or two or three. Speculation at its finest. Has everyone already forgotten a recent dilution of ~$500million and no profitability in sight??