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Bullboard - Stock Discussion Forum Canopy Growth Corp T.WEED

Alternate Symbol(s):  T.WEED.DB | CGC

Canopy Growth Corporation is a cannabis company. It delivers innovative products with a focus on premium and mainstream cannabis brands, including Doja, 7ACRES, Tweed, and Deep Space, in addition to category-defining vaporizer technology made in Germany by Storz & Bickel. The principal activities of the Company are the production, distribution and sale of a diverse range of cannabis and... see more

TSX:WEED - Post Discussion

Canopy Growth Corp > we have this partner
View:
Post by WeedTheNorth on Sep 13, 2021 4:37pm

we have this partner

Who owns 38% of the company and has agreed to buy around 13% more at prices above 50 CAD. The only way they get what they want (to own at least majority control) for cheaper is for them to buy shares at current prices to replace certain allowable amounts (DYODD). This would do 2 things. It would create buying demand and more importantly, it would take shares out of the existing float. It's either that or in 2 years (I think they are dated 2023), they exercise their warrants at 50 dollars plus. If you can't wait that long for 150% increase, you are exactly the type of person these people love to pray on. GL longs
Comment by Rotaluceps on Sep 13, 2021 8:59pm
It doesn't change the fondamentals. CGC got lower revenues since the last three quarters, any bla bla bla led by your emotion can't change this reality. 
Comment by Homestretch4me on Sep 13, 2021 10:36pm
This is perfect because you are a Trump supporter. Fondamentally, Trump loves to fondle. Pleese stup poseting, I'm goings to nead oxeygen suun. I haves tear ruining down my cheks.
Comment by PlantManager013 on Sep 13, 2021 11:31pm
Home, this is hellareous! Thank you for a good laff!