The latest nr allegedly moves Canopy closerto the grandiose plan for converting Canopy and all of its subsidiary and satellite partnerships to a bona fide US trading public company.
There is no proof that this grand scheme can come to be because the onus has been put on US lawmakers and Securities guys to deliver original shareholders to the promised land.
$7 billion losses hit me right in the gut which would be a close guesstimation of what Constellation has committed to creating this clusterfuch of a company that once was the dream company, most likely to succeed and bring all of the cannabinoid players to the promised land.
There are too many "subject to" deals intertwined into this great plan and some could argue that Canopy is being deliberately tanked for the marketmaker/bankster types to convert anything of value to themselves without any integrity or proper procedure over-riding this to prove that it is a legit investment and not just a scam.
The untouchable management are failing miserably in the eyes of existing shareholders and any effort to keep all concerned in the loop.
Canopy USA is imho, a holding company with no public reporting required to shareholders and some of the later investments like BioSteel have scam conversion written all over them.
When our management is willing to throw highly inflated values at their acquisitions of choice by professional investment management teams is no different than the moosepasture gold schemes to remove sharevalue with ridiculous dollar amounts for what could be purchased at the market for pennies of what they are willing to pay to convert value from the rightful shareholders.
According to the latest nr, I would think that all of our ducks should be in order to get Canopy and all of the other brands that we control in to the American marketplace for the huge returns that they should bring.
There is no mention of what this consortium is doing to get our investment to legal to do business as a US MSO.
Constellation has put themselves in the driver's seat to reap the positives of the newly leaned out assets and brands and Constellation has historically treated their shareholders as investors would expect with shareprice appreciation and dividends.
I have mentioned several times, in my posts that this holding company called Canopy USA or CUSA looks like a private company which doesn't have to file reports like the publicly traded companies do. Allthough the info being disseminated for Canopy and Acreage and all of those precious brands that we control isn't doing anything to alleviate investor's fears of what is really happening.
The Securities watchdogs should be all over this with opinion of whether it ever was viable and respectful to honest investors of Canopy and Acreage.
Accountability is just not there and nobody in the driver's seat cares!
It is still my opinion that US lawmakers are fearful of them that control the pot industry in the States. I wouldn't play Cartel stakes either with my family.
Klein did take good care of himself though with copious quantities of Investor's dollars to gut Canopy and Acreage, but fear not, those revenues will be a game changer when they can be legally included with WEED's bottomline.
Still waiting!