Nova Mentis Life Science Corp. C.LIB

Weed 175 mil bought deal financing

[MrShakeTree]

https://www.stockhouse.com/news/press-releases/2018/01/17/canopy-growth-corporation-announces-175-million-bought-deal-financing I think this provides a little more confidence in the sector!

[rcash1]

It's come a long way from some of the first bought deals in Canopy for 20 million @10.36$ . This should go along way to show and prove these speculation valuations. BMO had a look at the books and obviously liked what they seen .  Watch the $ flow into the little guys and smaller caps now . CGC just keeps raising the bar and lifting the tide for all boats .... I've watched many stocks

[michelleb33]

well its increased to 200 million. Since the sector all trades as one and usiallytakes its it from csnopy growth . With this deal from the bank. Can people think there is a floor now?

[michelleb33]

since the sector takes its que from canopys trading. With this 200 mil bought deal financing by bmo. It puts a floor on stocks right now. I expect a good week next week. My opinion

[cr7epl]

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[Bellsey]

Another floor we have is from the Broken Coast deal with Aphria. It helps craft grow companies in BC like LIB.  I expect they will buy out Just Kush at 100% once the license is awarded. 

[michelleb33]

bmo pits that kind of money on canopy around 36 bucks. That gives great confidence for the sector. Shorts on that one have lost. Canopy goes up. The sector does.

[Ovechkin]

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[Ovechkin]

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[michelleb33]

na. I just had a awful day on thursday at work

[Ovechkin]

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