Canopy Growth Corp T.WEED

In fact I'm not even sure there is a bottom

[geodcan]

It's been my experience that a bottom is zero shareprice!  Anybody remember the 1:5 stock split way back in the beginning.  Only 400 million'ish shares in our float now, so I'm not anticipating any more of that.

I don't think that will be enough when the rest of the US investors pile in with some form of triggering event.

There is a bit of a sharefloat increase built in to the Acreage deal where Canopy will print 1 share for every 3 Acreage fixed shares that they will redeem when Canopy goes full launch in the US.  Acreage fixed shares total about 70 million, so a third of that isn't going to increase Canopy's sharefloat by much.

Not that US investors are all holding off on picking up Canopy shares.  Only about 5 million shares today on the US side to 1.5 mill on the Canadian side.  I'm expecting 10 times that C amount when the trigger gets pulled just based on population alone.  For sure a lot of US investors carry the same concerns that Canadian LPs do in States that haven't cleared up the legalities issues.

Acreage fixed shares are worth $1.02 today so 3 of those is inked to get you 1 CGC share worth $5.81.  Almost a double for those fixed shares at todays values.  Acreage floating shares currently $1.21, it is written that they will be redeemed at $6 when or if Canopy decides to redeem them or let this operate as two companies on paper.  By my calculation Canopy will be in the drivers seat for both companies and the sp values will spike up with the prospect of Canopy being able to plant its flag on US soil.

My guess is that we will see the old high sp of Canopy which will still be vying for world leading pot and hemp company status but in a marketplace where we can actually get enough volume to thrive instead of struggle like we are doing in Canada, although I think we are close to making some money, or some think we have black ink if we can include revenues from our American branding deals and companies that we have positioned ourselves with.

Canopy has some well known name brand skus that are making their way to shelves in US States and since Constellation Brands got on board, have a huge big brother backing us with hardcore business tactics and also cash and financing guarantees for our US interests.

A lot of investors don't know about the proactive and creative deal where Canopy merges Acreage Holdings subject to a "triggering event"!  

I'm not sure what will constitute a triggering event but it has been put forth that decriminalizing marijuana at the Federal level or some even think a SAFE banking act will be enough.  Maybe it will just be that non US based companies will drop their concerns and rely on the State Law which is how US MSOs are growing their companies.

It would be nice if US politicians took the best of all the proposals that can't get by the Senate and come up with a Federal legislated plan for marijuana that declassifies it and applys the new legislation to allow Interstate commerce.  Hopefully they listen to the lobbyists for cannabinoid companies who know what they need to get a level playing field with beverage alcohol.

Canopy and Constellation are investing big in beverage skus, both thc and cbd infused as well as health and nutrition.  Canopy has the cannabinoid experience and Constellation has distribution and sales experience.

This future merger deal also has other US MSOs and cannabinoid companies that they have shares or deals with to synergize under the Canopy umbrella.

I believe that Canopy has money and financial backing that extends to their other US investments and branding deals that goes along with some hardcore management that is moving this company towards success as a world leading marijuana and hemp company.

glta and dyodd

[Cmc888]

can't under estimate constellation brands. I think they know what they are doing.

[Starsearcher80]

You think they know what they're doing??  You mean like paying $5 BILLION at $48.00 share???  :)

[HighTime20]

Don't forget Star that the share price will surely be $100 in no time flat so really that was a great move according to some here.

[geodcan]

That was at the top of the irrational pricing curve where everybody was overpaying for pot stocks. What about the $3-4 billion deal with Acreage that they revisited and got out the door with their futuristic and creative deal that will happen when the US takes the criminality out of Federal pot jurisdiction.  That deal got locked up for $30 million for a leading US MSO with fingers in a

[Rotaluceps]

I never read something so dumb in a long time. Your purpose is to push the useful posts down. 

[DeenPoetry]

Killuminati needs the sacrifice for profits papi hahaha

[Invinciblone]

Hey look it's speculator one of starcrapper40's aliases from the AC board lol lousers paid to post on this board and bash the stock but clearly not paid much as they ah e to rapid post to make $

[Rotaluceps]

You have to be kidding. Constellation made their biggest mistake losing many billion $. Do you think Constellation would invest in CGC even at this price?   We now know the beverages don't sell well but a tiny % of the revenues. There are many competitors. People seem to forget the private companies, well managed unlike the public ones with investors money to waste. Make a search