Canopy Growth Corp T.WEED

From NBC - senators going to bring safe to floor sept 25th

[Coloradobuff]

Huge. Shorts better cover

1. Safe - canopy consolidates USA assets
2. Reschedule - no 280e for us assets 
3. Canopy becomes a billion dollar a year mso 
4. Shorts burn in hell

[yp01048]

I noticed the uptick in AH in both CGC and msos.. Then realized it was because of the Safe Banking getting the hearing date.. Vote in mid October.. Rumour that the garland memo will be announced on the 1 year anniversary of Biden's resheduling directive... Very possible house votes on this thru the omnibus or some other legislative vehicle by end of year... And the kicker. DEA

[leafs1642]

Excellent summary of the positives for today and tomorrow. When NBC breaks a big story like this it carries more impact than when Marijuana Moment does. The story came out only a half hour before after hours closed and it boosted Weed and ACB immediately.Tomorrow both these companies will trade over 100 million shares. Weed maybe over 150 million and a 20% jump in price is easily possible!

[lou444]

Acreage might be a far more intersting play with their NY license and possible revenues from rec sales by year end. Their share price (ACRDF and ACRHF) are hampered bc they're pegged at a fix exchange ratio with CGC stock. With the creation of Canopy USA these stocks might break loose and trade on newco merits (earnings) which will also serve to boost CGC share price if they are permited to

[Coloradobuff]

You combine the USA assets they are worth more than 1$ a share. Also, bio steel was costing them 15 million a month according to cbc, so full year run rate is 180 million. They said they will save around 100 million this year, but more importantly 180 million next year not having to deal with this. Should help the company survive.