Canopy Growth Corp T.WEED

Alternate Symbol(s): T.WEED.DB | CGC

Healthcare Cannabis

Canopy Growth Corporation is a cannabis company. It delivers innovative products with a focus on premium and mainstream cannabis brands, including Doja, 7ACRES, Tweed, and Deep Space, in addition to category-defining vaporizer technology made in Germany by Storz & Bickel. The principal activities of the Company are the production, distribution and sale of a diverse range of cannabis and cannabinoid-based products for both adult-use and medical purposes under a portfolio of distinct brands in Canada. Its Canada cannabis segment includes the production, distribution, and sale of a range of cannabis, hemp, and cannabis related products in Canada. International markets cannabis segment includes the production, distribution, and sale of a range of cannabis and hemp products internationally. Storz & Bickel segment includes the production, distribution, and sale of vaporizers. This Works segment includes the production, distribution and sale of beauty, skincare, wellness and sleep products.

TSX:WEED - Post by User

Canopy Growth Corp > Idea

<< Previous

Bullboard Posts

Next >>

Comment by WeedTheNorthon Aug 13, 2021 6:24pm

118 Views

Post# 33705004

RE:RE:RE:RE:Idea

The total shares and warrants from this article equal the 281 million listed in their 13D, it doesn't look like they've done any extra buying. Doesn't negate the fact they can make a few percent interest lending those shares though. Maybe they have some income buried in their financials, I'm still planning to check it all out. https://www.globenewswire.com/news-release/2020/05/01/2026340/0/en/Constellation-Brands-Exercises-Warrants-to-Acquire-Shares-in-Canopy-Growth-Reinforcing-Confidence-in-Canopy-Growth-s-Ability-to-Win-Long-Term-in-Emerging-Cannabis-Industry.html

WestCoast78 wrote:
Follow up. STZ can only buy 20M units on the open market.

https://www.cbrands.com/news/articles/constellation-brands-enters-into-agreement-with-canopy-growth-corporation-to-modify-warrants-and-other-rights

WeedTheNorth wrote: Without a buyout it would literally take every shareholder to actively sell their stock, it just doesn't happen. I'm no expert and I'm still digging but their 13D didn't change between july 2019 and April 2021, their last report. I think the pandemic may have paused their buying ability but why not lend your shares to the market to collect the fee while you gather up your cash?

WestCoast78 wrote: How would they do that? How often do they have to disclose /file when purchasing? Just on quarterlies? Can they 'slowly' accumulate 88.5 million in a one quarter? This would be the Summer do it though.

Tranche B expires Nov 1 2023, 88.5M units @ $50.4 cad. Half price is appealing. Even at $26 average, thats 2.3B. Would be nice for them to average down, no doubt. That would be ballz. I cant really see it, but I kind of can.....lol There's still the final hurdle before that would be a no brainer.

Stz last Q ended May 31.

Interesting thought weed....

WeedTheNorth wrote: Is Constellation lending their shares to short hedge funds? If I think completely by motives it makes sense.

They are allowed to replace their warrants with shares bought on the open market. Their warrants are at $50.60 CAD and higher. Logically, you allow your shares to be shorted bringing the price down and you buy the cheaper shares. Then you recall the shares short and you own the company one day, for cheaper than you were planning to pay anyways.

Constellation will own canopy at some point, I can't wait to see how big the final offer to me will be. Inflation is picking up so it'll be more dollars the longer they wait. GL all longs. Thanks west for the line of thought