RE:Bashers are posting alot but not saying much.....FWIW- I am not a basher.
Its just the many many artricles coming out about CGCs performance and future outlook is concerning.
Whether they are all designed to "scare" investors is questionable. Some have substance.
And to me, it does not make sense for CGC to reneg on those deals, expecially since they have already paid for them.
But at the same time, the US deals do not seem to be a factor in many of these articles. Its written based only on Canadian operations which is not fair at all. They have made considerable investments in the US.
I would love for CGC to do their quarterly revenue with a side by side comparison on just Canadian operations, and then upon takeover of their US investments.
That would allevaite many concerns investors have, and paint a much healthier outlook for CGC
My only concern is the potentional takeover of STZ at these prices. From a legal standpoint, i dont know if thats possible etc. And some analysts are suggesting thats possible at these prices, and some are suggesting that they woudnt becasue of thier own shareholders revolting at the idea. i doubt these analysts read the 185 page agreement on sedar regarding the legalities of the transactions.
Logically i think they will take over when they start showing a profit
Or, could they remain a subsidiary.
But the article that opt posted, suggested that CGC might not be able to complete these transactions of Wana and Jetty, and im not sure why that is since a bulk of it has been paid.