RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:New Press Release - CANOPY GROThat would depend on your research and future outlook for the Cannabis market in the US.
Canopy is an international licensed cannabis producer with supply agreements in place overseas. They have Canopy Medical already in place in Germany and may possibly benefit nicely from their recent decision to legalize.
Legalization in the US is progressing on a state level basis very well with many simply giving US legalization being a matter of WHEN vs IF.
Once the Canopy vote completes this month we will know if shareholders are in favor (as a majority) of consolidating the US operators under one set of shares.
Those shares are independent of existing shares so the company offers a 1 to 1 conversion to Canopy USA shares for those interested.
Details on the value to convert are still scant (IMHO) so hopefully any pending news release from the company captures that value story.