RE:RE:Naked short sellingYou're right why wouldn't someone buy the US companies like 100% acreage and 20% Terrascend, just like Canopy...
YodaLayhehoo wrote:
The stock is falling because there's no catalyst in sight and these companies trade on hype alone not fundamentals. Canopy has been scaling down selling assets for a fraction of what they paid for them. That is not how you build shareholder value. They don't have any earnings to share with their stakeholders. Their losses are so bad that they've almost blown through 5 billion dollars in 3 years. There major competition in the US now with companies gaining and passing Canopy without the help of banking. If banking comes in the US that is not a positive for Canopy. I've been trying to find a reason to invest in this company but I don't see it? Why wouldn't someone buy the US companies?