Canopy Growth Corp T.WEED

This Is Bad

[dart321]

real bad. It will have a direct impact on investing for the next few years. New stats out on the Canadian economy, CMHC and the Feds are screaming at the top of their lungs that househole debt is through the roof and most will not be able to keep up with thier payments. Now this new info about spending. The Canadian economy is mostly centered in the cities, those above 100,000 population to the tune of over 70%. When you see spending drop this fast means only one thing we are headed into a recession and it's going to be a bad one. When you see spending drop like we have see in Victoria B.C. by 7.7% and a large number of other cities by over 5% accross Canada it means only one thing, we are in for something the likes of which we have never seen before. The last time spending dropped like this as fast was back in the 1920's and 30's. Couple all this with the renewal of mortgages that 48% of those renewals the owners nolonger qualify for the mortgage. We are in for it. Hang tight folks !!!!!!!!!!!!!

[HaulJockey]

So on the theory we're headed into a recession, won't people smoke more? In the 20's and 30's, did people stop drinking or did the largest distillers make their fortune?

[dart321]

Nobody has a crystal ball one has to look at the trending stats to understand what is possible in the near term. Those stats are showing us there is a sector within the pot business that is growing fast much faster than other areas within the sector. Without the opening of new stores the pot sector with the exception of this one wing is maybe growing at 1.5% at best. The sector within the pot

[geodcan]

If we are talking about alcohol, it would seem that Tilray has been picking up breweries and distilleries in the US so they would have that covered while we wait! Canopy has cannabinoid infused drinks that didn't do as well as investors hoped in Canada, thanks to the government lackies who screwed up the roll out of legal pot for adult use like only government can. That is not to say they

[quinlash]

Constellation brands is one of (if not THE) largest company for Alchol in North America.  If infused drinks are something you are looking forward to being a big hit in the market then Canopy is well positioned in that regards. Tilray bought Sweetwater so they purchased a market position for Alchole and now with their planned merger with HEXO Corp they will be picking up the Molson Coors deal