RE:ChartsThere might be a couple of anomalies out there getting a little flash of uptick in the greenrush stocks but most are going to get reduced to rubble.
This is shaping up to be a big player's game and I daresay, despite Canopy's right-sizing evaluation that is prevailing at present that given our financial backing and associations that we will be number one in the world when the big picture comes together.
Constellation Brands is in spitting distance of full control of Canopy who have an inked deal, bought and paid for with Acreage Holdings which is a leading US MSO with most of the pieces for rapid infiltration of the US.
All Canopy needs is to print up some shares to take 70% of Acreage fixed shares when we get to the triggering event stage and they will probably do a similar deal with the floating shares.
My crystal ball tells me that those Canopy shares are going to be in demand from US investors that haven't piled into Canopy yet and that the floating and fixed shares of Acreage will garner close to the same value which I believe will quickly assume their old highs or higher.
Some say never but I think for sure. Combine that with other deals with Terrascend and Gage for doing US business and the business accumen of Constellation Brands team for making money over-seeing the whole show puts the market caps of the conjoined companies close to $100 billion or better with good cash flow to continue having their way with almost any other company they want.
A lot of people are unaware of Canopy's deal to assume the shares of Acreage Holdings and at current prices, it's a deal imho to get on the Canopy Growth train.
glta and dyodd