Canopy Growth Corp T.WEED

Supreme Acquisition

[snowtigerrr]

Canopy paid $435,000,000 with your equity for Supreme which has a 2020 operating loss of $87 million or thereabouts.

Yes, in the grand scheme this acquisition is not that dilutive considering WEED's exorbitant outstanding float owing to numerous acquisition overpayments in the past. This deal is not remotely accretive either and demonstrates a trend of poorly allocated capital at the shareholder's expense. 

Your shares are worth $27 today. Supreme's soon to be minted WEED shares are worth $48. How do you loyal shareholders feel about this?

Is anyone here actually excited about this or feel confident in this kind of management? This kind of sloppy execution is why the short position is so high IMO.

[vulcan123456789]

snowtigger.. learn to read details of acquisition. your not paying 400 plus for supreme. on date of deal weed was worth 37.74 and fire .265.. a number or factor was generated....as a percentage.. as weed price goes down so does supreme. factor remains the same regardless.. .so many fire shares gets 1 weed share. the deal is not worth 400 plus m at this point.. more in neighborhood of 300 plus. im

[snowtigerrr]

Canopy is paying a 66% premium for cashflow negative assets. This suggests the raw market value of the Premium assets are vastly overstated regardless of what the final settlement is and keeping in line with Canopy's trend of overpayment and inevitable asset impairment/ writedowns. Supreme is nowhere near cashflow positive on an operating basis, it only looks like that due to derivative gains