RE:RE:been around a while... Yes, you have mentioned this on a weekly basis now for about 2 months and I have been responding to you indicating that DeepDive points to a Sept 2024 deadline for that.
Honestly, I don't think you should be holding on this one if it's a concern to you, which appears to be the case. If the SP gets up over a buck and holds for 10 days between now and Sept of 2024 then the concern is gone. I personally do not see the CEO of Canopy Growth doing it any sooner than absolutely necessary, but I will admit, I never sat down and had a beer with the guy to discuss it either. I am simply speculating on what I see as "a reasonable assumption".
Recent news is that the US Fed is being pushed to complete Cannabis Rescheduling before the end of the year, if this lands then it is reasonable to speculate that it will be a big mover for Shares in Canopy Growth (as US News has always moved the SP favorably in the past).
Germany Legalization has been pushed into the early New Year as well so again, we have something to look forward to as another "possible mover".
I am sure the CEO of a major Cannabis Producer is watching these events himself and speculating on what it could mean for his company and for his investors so again, I speculate any share consolidation will be delayed out until the last possible moment.
If all the "good news lands" I have full confidence that $1 will be in the rear-view mirror in short order, how much higher than that I would have to speculate but I will not. I am sure you can look over charts and company fundamentals yourself and draw some reasonable speculation on your own as part of the whole Due Diligence thing everyone is expected to do prior to making any sort of an investment in the stockmarket.
Best Regards,
Q