RE:Canopy USA vote this monthquinlash wrote: Based on comments on this forum vs my own review of the news, coupled with watching the interviews done with the CEO, it is not hard to state that folks posting to this forum do nothing more than read headlines rather than research.
The move being proposed by Canopy Growth is being done to better position the company for business in the United states. Anyone wanting to convert their shares to these new USA Canopy Shares can do so on a one to one basis. Simply based on this point made by the company it is clear that there is zero solution to the existing shares.
The topic warrants an effort be made by current investors to properly research and understand. The CEO has covered the subject through interviews available on YouTube. I expect more interviews and more details to be made available in the near term.
Personally, based on my current research, I see the move as being to the benefit of the company and myself, as a shareholder. My intention is to vote in favor as it's something positive the company can do while we all wait to see if Bidens statements on Friday were indeed an indicator that US legislation will be gaining traction this year.
Type-o
Meant to say " Zero Dilution " not " Solution ". Auto correct got me again