Canopy Growth Corp T.WEED

Heads up for all you WEED s/h!

[mrmomo]

Interesting to note that Canopy's Q4 will be released on May 27th, which is an interesting choice as the 27th is indeed & unfortunately a Friday. For those experienced investors, you all know WTH that means, this probably the "dreaded" Friday news release which all seasoned investors fear, which 99% of the time...... really bad news. Could things possibly be different? Probably, but i highly doubt it or they wouldn't have choosen a Friday to release Q4.

What do i expect from their Q4? Nothing but really bad news. I had said many times in the past on here, that this whole sector is a complete mess, Canopy included, and has been so for at least the past 3 years and will continue to be for at least another year, maybe two. What sets Canopy apart from its peers, like the big market leaders as in Cura, Trulieve, GreenT, Cresco & Cronos or even someone as indebted like Tilray is the massive debt it carries. Weed has so much debt that the equity is pretty much worthless imo in this environment. So much debt, that it unservicable and has become unsustainable, as i've stated numerous times. So what happens May 27th?

I believe the Q4 date, aside the fact it will reveal both thecurrent financial health of Canopy and how much time they have left before insolvency, i think it will be this time in which Canopy mgmt will signal & make huge internal changes by totally revamping the company. From top to bottom, across the board. Imo, they have no choice if they want to survive to the next round & avoid elimination, like in the WWF survivor series of old. Failure to implement any significant changes both financial & operational, and possibly even managerial would result in fatale blow to the company going forward. I don't know much regarding any poissible magagment changes, or if they will even attempt any, but the financial changes to the balance sheet are coming. They have no choice.

And after releasing those horrible Q4 numbers on May 27th, this is where i will predict that they will surprise everyone (well those that arent too bright) and convert a good portion of that debt to equity. If they wish to continue ongoing operations & survive this has to be done, there's absolutely no choice in the matter. How much is unknown, but i'm guessing at least 50% if not more will be diluted into equoty. What this mean my friends, if you havne't grapsed it yet, is massive massive dilution for current holders, to the point of taking a wrecking ball to the stock price. When this happens, my predicition is that weed stock will plunge quickly under $5 cdn and stay there indefinitely. Until they surprise investors agsin, by implementing a consolidation of share capital sometime next year. 

So why post this long commentary, why now? Why even bother? Well, there's lots of naive people on these boards, lots of investors with not too much experience who probably don't know WTF is going on and are probably going to lose even the shirts off their backs, if they haven't done so already. I'm just giving you guys one final heads up, giving you a fighting chance, before you actual do lose everything.

GLTA

[OptGreen]

Agreed mrm, definitely long but long on nothing...besides the rest of the most on here, even the odd crud, are fully aware of a friday release of news, especially when changed and from an already non friday date stated and this was mentioned, so just more bullshite crud prattle. Solid green all day and looking like a close at or near the high of the day so far...the weak and tiny minded are

[TheGrapeOne]

Starcrud just how many user names do you get paid to post with I see it now in the coffee grinds Fridays are bad days for stocks so look out  What a load of BS

[Starsearcher80]

The Clowns here just don't get it Momo.  They are begging for a miracle, and there will be no miracle there, whatsoever.  I agree with your points.

[Homestretch4me]

Here's the flaw with your thinking and I only have to point out one flaw in your thesis and that negates everything else you say. You mentioned both insolvency and 50% dilution. So let me get this straight, you think canopy is close to insolvency or a major dilution event. That makes zero sense. Why would canopy or any company for that matter make a huge purchase a week or two before you think

[Starsearcher80]

Homestench if you want the absolute definition of dumb, look in the mirror and see the Clown who rode this down from $70 to $7.   Now THAT is dumb!! You clearly don't have ANY clue as to how the market  works.  Canopy is running out of cash.  THAT is looming insolvency.  If they do a cash raise, they can do that via selling more shares.  THAT is dillution

[Cmc888]

</br / you think a company going broke would buy another company? then just go full on dilution.... you're right home, whitedwarf is lucky johnnie cochran ain't around cuz that don't make sense....>

[Homestretch4me]

There will be no looming insolvency. 1.5 billion dollars in the bank. There will be no cash raise 1.5 billion dollars in the bank. Stop being a complete turd

[Starsearcher80]

Clown are you truly THAT dumb??  How much of the 1.5Billion do you think they burned through in the past quarter?  Let's say 1/2 of it.  So now we're talking 750million.  Do you think they're going to wait until the absolute brink of insolvency to do a cash raise? Do you know ANYTHING about the timing of this kind of thing?  Look at the writedowns that they pre

[Homestretch4me]

I thought this might be relevant today. How wrong can one person be? 1.5 billion @dec 31st 2021 1.4 billion @march 31st 2022 You said (below) they would burn through half of their cash or 750,000,000. In reality, which you know nothing about, they used 100,000,000. You are a very sad individual that really knows nothing. The whole world knew this quarterly report was going to be bad

[Homestretch4me]

You better pray safe doesnt pass this year, (it will pass), or your time is up here and you'll have to find another $15/hour job.

[Homestretch4me]

Can you please say welcome to the 6's again?

[charliebitmyfin]

relax it will probably close in the high 6's and mid 7's next week

[Luc1979]

You dream vug with will close in tge 5$ and drop to 4$