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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 > Call Canopy, ask why they r allowing debt holders to short
View:
Post by MJMoney on Apr 06, 2023 11:37am

Call Canopy, ask why they r allowing debt holders to short

If you're wondering why Canopy $WEED $CGC is on a fast track to a $0 share price, call Canopy and ask why they are allowing their debt holders (specifically right now their July 2023 convertible notes) to short the hell out of the stock and cover their shares with the convertible notes share dilution that they will pay out (in shares). 

They are aware of it, and they are even allowing it to happen, and they will reward the debt holders who destroyed their stock price, in giving them the shares they need to cover their massive naked short positions. 

https://twitter.com/Jam00008/status/1623410489433948160?s=20

https://twitter.com/bellogram2/status/1643637764976439296?s=20

https://twitter.com/Jam00008/status/1643692154727075840?s=20

Call or email and ask... They think they can get away with what they are doing because nobody knows.


 

Media Contact:
Jennifer White
Senior Manager, Corporate Communications
Jennifer.White@canopygrowth.com

Investor Contact: 
Tyler Burns
Director, Investor Relations
Tyler.Burns@canopygrowth.com

Comment by bassfishing88 on Apr 08, 2023 2:31pm
If this is the case and can be proven can a class action lawsuit be made? Or is this legal  even though somewhat unethical?
Comment by MJMoney on Apr 11, 2023 11:52am
I believe it is market manipulation which is illegal. It is also illegal to collude, so if they are doing this for Constellation to buy CGC at a cheap price, it would be collusion and illegal.
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