RE:Canopy USAHomestretch4me wrote:
https://www.canopygrowth.com/investors/news-releases/canopy-growth-announces-plan-to-acquire-jetty-extracts/?s=01
Funny this doesn't seem like the actions of a company that is in trouble.
Maybe Canopy and Constellation know a little more than Starcrapper and the rest of the chicken little crew.
So why the deal, if fed legalised, is not done with an already profitable company instead of an EBITDA one in the competive overtax California market?
Look at the CGC revenue, it is so obvious how in bad shape is the company.