RE:RE:RE:RE:Hey Star!Out of control cashburn, lol? Since Klein and Constellation stepped up and moved this forward to a normal accounting principled company and not the Bruce's dream co.
Check out that link that I previousley posted and absorb what is happening, mostly on the quiet, with the US affiliates who have been positioned and financed by Constellation/Canopy for maintaining leadership as a world class marijuana and hemp company.
Study up on Acreage Holdings, leading US MSO with most of the working parts and a buyout deal that I bet, will happen as soon as the US decriminalizes adult use pot from Fed legislation. Canopy put up over $30 million to ink the deal with Acreage Holdings and when it is "SAFE" to announce doing business on US soil, Canopy will finish the deal and assume the shares of Acreage Holdings, probably under the name Canopy Growth USA.
They will bring all of the IP, recipes, skus and Constellation Brands hardcore business management to their US acquisitions to be the leader.
For those that don't know Constellation Brands are a huge International beverage umbrella company that coughed up $5 billion Canadian dollars to put themselves into management seats at Canopy. Since then they have also backed, financially with loans, guarantees, other US listed MSOs that will complement the whole Americanization of Canopy and will proudly hang their flag on US soil.
Keep in mind that besides the anchor dragging going on in US politics in regards to some Federal legalization effort getting passed that world class potpreneurs will still bring this home, one State at a time to eliminate any heavy handed Fed action, discrimination to non US players or they will just rely on the same State Law protection, handshake deal, that the Feds have launched for individual States to enforce the laws of their State.
We are over half way there for medical use and picking up a new State every month or two or three for adult rec use, so it is coming en masse or One State at a time!
Canopy, despite getting dragged down with all of the potstocks is still alive and welll. How well is yet to be announced as those US interests can't be calculated in the bottomline yet but for sure Constellation/Canopy, Terrascend, Gage, Wanna, Martha Stewart have a plan for success, already in place, despite what the naysayers are saying.
glta and dyodd