RE:RE:Klein has Pieces Coming Together Okay, so this is my guess.
1) I am very worried about STZ making a run at CGC and buying us out at these prices. But I don't know if that is even possible. Weed is still federally illegal in the USA so i don't know if they can legally do that. Especially with the Canopy USA deal etc. But I suppose they may do that when the Canopy USA deal is finalized.
2) Debt due in July will almost certainly result in shares being issued. Similiar to last year. Could be apart of the relentless decline going on now. Luckily no more debt will be due until 2026.
3) David Culver from CGC recently left. He was the VP of government affairs. He left last week I think and noted to People in the cannabis industry to keep their heads up as federal reform is coming this year. Read his LinkedIn profile for more info. He suggested 6 months we should hear something about the rescheduling and that was in October. Or we should have a clear idea on what that will look like. 6 months is like now btw.
4) canopy USA will be finalized by the end of the year as per David's comments.
they already mentioned in the last cc that these results will be "lumpy" as Judy said. So I suspect we will hear more news about the debt, but results will be garbage.
safe was supposed to be introduced last week. The new rumour is that it will be introduced by the end of the month, but 100% that is not concrete at all. You cannot trust anything.
i stopped posting on this board because of the relentless bashing.
So from now until the End of Year we will get news on safe, and an update on the rescheduling initiative for sure.
i do hope any news on safe can stop this bleed.