More "barking' from MrMomo....And many more accurate predictions. As i will continue to use poor ole Canopy for my whipping boy purposes for this sector, i fully expect the following events to happen in the not-to-distant future for our dear ole WEED..............
1 -------->>>>>> NEW AllTimeLow as it will plunge below the $3usd mark some time this month
2 -------->>>>>>>>>> A short time after hitting that ATL, mgmt will proceed with the MOTHER load of capital raises and further dilute current s/h to keep debt levels into check. This might involve the continuous process of converting more debt into equitu along side any PP's
3 ---------------->>>>>>>>>>Will this finally save & stablize the company? Who knows....really and THAT might be up to whoever holds office as Potus this coming November and the state of congress..
So some interesting times ahead for sure for the Cannabis sector......Because for Canopy the next 24 months or 2024-2025 is..... DO or Die!
GLTA