Financing falling throughis not a good thing!
It justifies tanking a company so the lenders can scoop up all of the assets.
And Team Klein won't commit to which shareholders have their backs covered.
Is it team STZ or team Canopy???
STZ lending is the first to scoop up the leftovers which are formidable by my calculation, especially after all of the leaning out and focus on profits.
How easy is it for STZ to slip in enough bad news to continue the decline, plus a couple of nrs that they can't raise enough money to pay the bills puts this right in the crosshairs of the receivors which by my calculation is STZ lending division of STZ.
How could the BioSteel investment tank so quickly after being the next best thing to invest in? Mind you it was a beverage hopeful for STZ, who apparently failed to pull this off which could only be construed as a bad investment.
The question is was it just one of the bad decisions embarked upon to have Canopy in this position of near bankruptcy.
I have a sneakin' suspicion that after STZ scoops up the best of Canopy that it will miraculously start to move towards it's former glory as the world leading Potpreneur.
I think Team Klein is totally focused on the money and I back that with my conviction that Klein won't commit to which sharehoders he is backing and that is not good for any kind of shareprice appreciation.
If he does what I thnk he is doing he will be a pariah in Canopy shareholder's eyes but a hero in STZ shareholder's eyes.
Right now I consider his management a total failure to protect Canopy shareholders and a sting.
I am wide open to him proving me wrong!