Call Canopy, ask why they r allowing debt holders to short If you're wondering why Canopy $WEED $CGC is on a fast track to a $0 share price, call Canopy and ask why they are allowing their debt holders (specifically right now their July 2023 convertible notes) to short the hell out of the stock and cover their shares with the convertible notes share dilution that they will pay out (in shares).
They are aware of it, and they are even allowing it to happen, and they will reward the debt holders who destroyed their stock price, in giving them the shares they need to cover their massive naked short positions.
https://twitter.com/Jam00008/status/1623410489433948160?s=20
https://twitter.com/bellogram2/status/1643637764976439296?s=20
https://twitter.com/Jam00008/status/1643692154727075840?s=20
Call or email and ask... They think they can get away with what they are doing because nobody knows.
Media Contact:
Jennifer White
Senior Manager, Corporate Communications
Jennifer.White@canopygrowth.com
Investor Contact:
Tyler Burns
Director, Investor Relations
Tyler.Burns@canopygrowth.com