TSXV:NDVA.H - Post by User
Comment by
BasementTraderon Nov 19, 2021 12:05am
201 Views
Post# 34144085
RE:RE:RE:RE:Love this post on Yahoo Finance message board
RE:RE:RE:RE:Love this post on Yahoo Finance message board
okay so don't invest...still wondering you give this a "huge" discount. Canopy has been doing nothing but closing facilities and bought Wana because of the licensees success... How in the world would they go and terminate agreements and do this themselves and potentially ruin a great brand. You're worst case scenario is a imploding of Canopy as well. Every cannabis company has been using funds from their stock to sell weed lower and lower. This won't stop, the competition is to big for them and it's getting worse. Any name that deals in cannabis has huge risk. BUT Indiva can actually produce a product with good margins and generate cash flow. If they successfully launched two brands they can launch many while others will FAIL OVER AND OVER. All edibles on the market can't even touch Indivas products. So pick your poison, I rather go with the one that can generate cash and has min 3.5 years on this deal. Who knows by then where Canopy can even be and if it blows up before atleast there's a big payout for Indiva. It seems like you shouldn't be in the sector at all. Enbridge is a safer buy. It's a penny stock for a reason, there's always uncertainty. Canopy will not cancel this deal and spend the money to rebuild this and risk loosing all Wana market share during that time. They have 30+ other states to enter, that's their focus.