RE:RE:RE:RE:RE:RE:Dems Hit ImpasseIt is all about business Yod and CGC is cleaning up this side of the 49th as they ready for the big Kahuna, the US market to open for businss of which they will be in fine feather and very probably realizing profit when they are ramping up stteside...remember STZ is a well positioned US company and the largest SH in CGC, with billions in cash invested they will be right with Klien every step of the way, as they complete the deals ready to finalize stateside and continue to pursue a much larger slice of the US market.
ACB is on the path you are trying hard to paint CGC.... they are closing facilities for many of the reasons you keep trying to sell here, they are weak and gettting weaker. Klein and team are cleaning up operations here now and will turn all those efforts and cash over to US operations as the legal side and economy will allow and it looks like ACB will keep spinning their wheels again for a while yet at a minimum.
Prices on the shelf will be lower going forward and CGC will compete on price while generating sweet net margins and balance sheets...while providing top shelf quality for the dollar spent. Martha will fit in very nicely and as they start to grow across the pond the success to be had will be staggering over the next 4-5yrs, barring a NA economic collapse, which is 50/50 at best right now. As always everyone needs to do their DD and buy, sell or hold accordingly. JMHO...Opt
YodaLayhehoo wrote:
We can agree to disagree then and just let the market be the judge. It wouldn't surprise me to see Canopy go up 10-20% at some point while the US companies are likely going to do 300-400% just to trade at fair value. I see Canopy languishing in Canada for years. The safe banking act won't allow them into the US market meanwhile it's going to cause explosive growth in the US companies. We'll see the same thing play out as we saw in 2017-2019 in Canada. Safe banking will allow more funds and companies to jump in. I predict a large investment or merger will kick off the industry there. Followed by huge inflows of money from hedge funds and banks. The companies in the US are growing 15-20% a quarter. Right now they're valued at 3x sales most of them. I believe that will move to 10-15x sales as soon as banks can get involved. They will start covering the sector and you'll see ridiculous price targets just like in Canada as they drive the prices up. Just for reference as well Canopy is trading approximately 16x sales currently. There's 300-500% to be had in the US at some point in time . I just don't see that for Canopy. Believe me Canopy made me over 2 million in profit and I really wanted to buy it again. I spent the last 3 weeks researching the sector reading financials from both sides. Although I have a fondness for this company my money is better in the US for the time being. Take it or leave it a lot of investors money is going to move to the US but that's just my opinion