I'm not a superstitious fellow....BUT....You cannot ignore the FACTS and the STRONG similarities with other companies that ran into serious financial troubles in the past. For instance, i remember closely followedm trendy & investor darlings like Chesapeake & Core Scientific, both industry leaders in their respecitve sectors, ran into "some" financial difficulties and DID NOT end well for either. Both those companies, like Canopy were main players in their arena and both, as Canopy, were REDicuously heavily indebted with limited financial options.....and nowhere run to. Unfortunately for the s/h of both those corporations, let's just say things did NOT end well in the end!
What makes this really scary & mind blowing is that folks/investors were STILL pumping & buying it right till the VERY end.....in both those unfortunate cases. And Canopy is NO different.....it seems!
So why am i saying i'm superstitious and what does superstition have to do with all this? WELL....think about this. All three companies are RECENT bankrupties.....well two for at least now with Canopy on it's way.....AND ALL 3 start with the SAME letter C .......LMAO!!! If that's not some in your face, tin foil hat, raining cats & dogs, birds falling from the sky .....end of the world signs THEN i don't know wth is... lol! Making matters worse.....if they aren't already bad right now is that Canopy's main backer & only possible life safer.....Constellation brands lol.....Also starts with a goddman C....
So C for CAUTION.....or maybe C for COLLAPSE....or maybe its C for CONNED....Those are 3 big C's right there. Or is it C for something else??? I'll leave that up to you folks to figure it out........Like i said i'm NOT a superstitious guys......BUT.......That's a DAMN Coincidence......LOL
GLTA