Canopy Growth Corp T.WEED

Now that Biosteel is scrapped, Canopy will explode….

[Paray99]

Watch what is in the store for the coming weeks guys!
This thing could easily explode to hit above $10 in few weeks...

[Coloradobuff]

That's a bit optimistic. You and Goldman77 and quinlash think this. I think 3-4$ and if no reverse split and delisting from nasdaq, than the company should be okay. If they can show a good Q2 and Q3 then definitely $10 at some point in 2024. 

[Oldweed]

My biggest concern now is what will STZ do with the assets under CUSA. Will they take the performing parts private (no longer part of Canopy) and sell off the scrap? They have not done well in Canada.

[Coloradobuff]

Doesn't canopy shareholders get one share of canopy usa for each share of canopy? 

[Oldweed]

I'm not clear on that but from what I can see CUSA will be set up as a holding company with each entity under it kept whole. In theory they will be able to combine revenue for reporting if U.S.A. legalizes. So the way I see it they could get rid of or sell to STZ any piece under the CUSA umbrella. In the proposal it is written they can return control back to Canopy after legalization, but