Canopy Growth Corp T.WEED

Canopy has been

[geodcan]

so beatdown pricewise for so long but not alone.

A couple of good comments from Klein's team could get this back over a buck, easily.

Whether they do this or not will answer the question of:  is this just an effort for STZ to scoop up the best of Canopy for their own benefit and STZ shareholders?

We have 180 days from notice of not maintaining $1 and the possible granting of another 180 day period to restore the sp to maintain the listing.

The minute this is consoldated the value will tank to the pre-consolidation shareprice imho and we will be right back to losing the Nasdaq listing, again!

One little nr from HHS that has charged the DEA to reschedule pot to level 3, seems to be presented as enough to kickstart the pot biz in the US has jolted LPs and MSOs to life and a few other potpreneurs with potential.

And Biden told them to get busy on it, so there is that.  But alas, it is US politics which has hogtied itself with all the old fogies that seem to be operating more out of spite for each other than taking care of business for the people.

[charlie007]

So the minute they do a rs, lets say from $.75 to $7.50, the sp will fall back to $.75?  really?

[Pedal2themetal7]

Would you pay $7.50 a share for this company!!!!

[charlie007]

Since I have 8 shares now that I paid $395 for, yes but just to average down!!!

[Apprentice]

Why not? It's not only the sp! If a company is doing C$ 109 M a quarter and I assume it will run linear to about 400 to 440 M in 2024, going to be profitable, adding an multiple 3-4 for revenue, the so could be between C$ around 2,4 to 3.1 with the current fload. Considering a rs of 10 should be then 10 times. But ONLY if the have no other plans, stop the drain, going to be profitable will

[charlie007]

btw have you tried this hash? on the one hand I hope my shares do well but I have yet to see any reason to go legal https://budexpressnow.co/product/full-melt-hash-ice-cream-cake/

[geodcan]

I can only talk about my experiences with a half dozen that I stayed invested in and they all tanked back to pre-consolidation share price within a very short time. This is one of the best tools that management of these companies has come up with to "save listings".  It might buy some time as the confusion becomes reality for investors. To me, reverse splitting is just the easy

[quinlash]

It's been known for a month or longer now bud.  In that time the SP has nearly doubled and the gains today are 20+ percent.  The charting guys are loving this, the dollar cost average guys are loving this and every single person who trades Long positions is loving it. Despite what many may think by reading stock forums... THE MAJORITY of people do not day-trade, they buy and hold in

[Pedal2themetal7]

If they go ahead with a split, and the dust settles regarding rescheduling and Safe, and if it shows that nothing will be done for another 12 to 24 months, then what!!! Its been consistently bad news for about 2 years, and now after the lastest financials and one recommendation for rescheduling the company is a winner!!!! IMHO they still have a lot to prove, and artificially increasing the SP is

[quinlash]

The "what if's" are your responsibility to speculate on.  You can speculate everything bad will happen or speculate that everything good will happen. The better way to do it is to list out all your thoughts and speculate on the probability of each occurring and invest accordingly. We already know that the descheduling has been put forward so that is 100% (done).  We do not

[Pedal2themetal7]

As previously mentioned in a post, I don't disagree with most of your comments, and I'm very familiar with the information you provided.  I'm only stating that after one decent financial report, I believe the company needs to follow up with organic and continuous growth to instill confidence within the investing community, and show they can achieve profitability. I don't

[geodcan]

The split will have investors going into preservation mode for their asset which they will convert to cash by selling the stock which will beget more selling at cheaper and cheaper prices until it tanks or somebody throws it a lifeline. Rescheduling and SAFE will bolster confidence that US politicians are finally dealing with this issue and the good, well run cannabinoid companies should show

[quinlash]

You may want to consider the recent developments in the shareprice.  The share consolidation is simply due to the price being below $1 USD.  The company is obligated to bring the price back up when this happens and the consolidation is the obvious way to do this.  With the Shareprice now trending towards and (IMHO) likely back up over the $1 USD mark the company will no longer be

[geodcan]

Even mentioning a consolidation of shares rates as a huge negative for the shareprice. That is marketmaker stuff to move the price in a direction because you have a motive. It is just like the guy who posts and asks if the stock is halted.  It gets the herd moving and raises the question of whether your team has bet on the other team. If a one for twenty-five rollback happens it instantly

[quinlash]

The consolidation notice was last month (or longer ago) and occured prior to the news of Cannabis de-scheduling.  The reaction of the market to the consolidation news (the negatives) has already been seen (last month +/-) and now we are seeing the reaction (the positives) to de-scheduling and revised updates on progress going forward with the SAFE banking act.  The same positive

[Pedal2themetal7]

Agree with you 100%, this is why I'm waiting to see if they can reach $1.00, the September meeting results, the US progress etc. I've witnessed companies making questionable decisions over the years, this is why I'm waiting to see how this company is going to navigate the next 12 months. If they reach the required $1.00, in my opinion there is no reason to initiate a split, but