RE:RE:RE:RE:Thursday night
I would support this deal IF there was a legit reason for me to do so. As of now, if it goes through (highly likely), I will time my departure accordignly. I won't sell just for the sake of pride. I will try to max my return. Personally as far as USA goes the only Canadian company I am interested in is HEXO. I see no reason to stick with CGC. 0. If for some reason I do not sell before end off June and my shares convert I may keep a few weed:ct just for posterity. I stayed out of cannabis until mid 2019 as it was pure speculation. That is where CGC is right now, pure speculation. I will buy more 48N Experion XLY even more HEXO before I properly invest in CGC. The reward for speculation should match the risk. CGC does not align. High risk low reward is what they are imo....
Maybe one day I will read a reason why I should vote Yes. Supreme has a 50k kg grow limit which is 7ish% of the Canadian rec market. fire:ct does not need tweed to max this out and turn an at minimum annual EPS of .10+ - That is 70 million a year or 17.5 a quarter. On their spreads this can be achieved. That puts this stock back well over $1 and this can be done in the next 6-9 months.
I am a self appointed long, did anything I say come off as BS?