RE:RE:Gave a heads upDonwaan wrote: Lots to chew on there Lou! And very difficult to argue against this analysts conclusions. However, in light of the huge potential of the US market for cannabis and the fact that STZ has $5 billion Cdn to lose if Canopy goes under isn't it reasonable to think that the balance sheet issues will be dealt with? Excessive debt has taken down many other companies but not many with patient and deep pocketed backers. Another aspect of the US mindset is success against all odds stories. Hope Canopy is one of them!
we're closer than we ever have been to finally seeing cannabis become legal in the U.S.
IMHO all of the surviving companies are going to see their prices return back to their historical highs, or not too far below them