RE:RE:Tomorrow Agreed Old, there will be a better handle on Jan inflafion and numbers should start out better and improve into '23...the Reps plan to reduce inflation significantly in '23, as they control the House and will be hammering the inflation rate from the jump, with major reduction in Biden spending across the board to start.
The Reps will be getting the oil flowing ASAP, which may take a few months but with the US supplying their own oil to the country, many negatives will be brought in line as the economy improves across the board.
Klein/ team are bullish on Canopy USA and they have much of the framework planned and plenty ready to go, when they do start to build their business out full time it should come together in a shorter time frame than long....with the shares Klein owns, they appear to be more than ready to move forward and put their network together and into operation. JMHO...Opt
GOP unveils 'Commitment to America' plan to stop inflation and crime (nypost.com) Inflation Outlook For 2023 – Forbes Advisor Constellation Brands | Constellation Brands Announces Plan to Convert Common Stock Holding in Canopy Growth (cbrands.com)
US CPI calculation to change for January inflation data | The Financial Express Oldweed wrote: shenty46 wrote: Tomorrow cpi number would be somewhat good, but next two months we may see a sharp decline in inflation trend, setting a good rally in stocks, and may be some decrease in interest rates too. Biosteel with today deal is looking like too big to ignore
IMO there will not be a sharp decline in inflation nor in interest rates, at least I have not seen any report that would support that. I do thiink Biosteel is becoming an important brand and I am convinced that STZ is keeping a very close grip on that division. What I am not convinced is STZ will remain interested in the rest of the company. Time will tell, but from what I see the rest of Canopy is on it's own in a sink or swim scenario. Somebody did mention earlier about the possibilty of chapter to reduce debt and get a fresh start, or at least a longer runway.