Post by
geodcan on Jan 22, 2022 1:45pm
a and b
fixed and floating shares are almost the same shareprice, so which one is the best deal. 3 shares of fixed will get you 1 share of CGC with a trigger.
$1.24 floating share will get you $6 or better when the demand kicks in with Canopy getting triggered on US soil.
My gut tells me that other than the triggering deal that these shares are the same company, run by the same guys and they will be more in demand than they are now. Only difference in value is the conversion deals.
Good post at CGC/WEED highlighting all of the best of Canopy.
By my guesstimation, Despite Federal laws, I think US investors might hold controlling shares in CGC judging from the volume on the Nasdaq.
I'm also thinking that with a triggering event Canopy shares will be in demand, especially with the US investors that haven't bought in yet because they want it clear with the Feds that they will let State law protect their investment.
glta and dyodd