Canopy Growth Corp T.WEED

TLRY may Move CGC - Oct 4th

[quinlash]

We seen canopy growth make positive progress in terms of Shareprice when Tilray reported last with a strong report.

TLRYs next report is expected out Oct 4th and they will be reporting incremental sales figures from their acquisition of HEXO Corp.

If the report is positive we may experience another period of upwards trends in the days and weeks to follow

Jnho/DYODD

Q

[Coloradobuff]

I'm looking to get back in, but don't think there will be another rise until legislation change. Unless Q2 surprises to the upside. Cutting off the cancerous biosteel limb could be a huge help. I like this company NOW, not the last 5 years blowing 5 billion. There is value in the assets, and can they get the gross margins up.  question for the group, acreage only paid 10 million in

[geodcan]

I'd be waiting for the consolidation if they activate it and the price tanking that I anticipate for the commonshareholders, based on my personal experience, several times. I do agree that I like the company better now that they have chopped a bunch of the moneylosing acquisiitons in favor of potential moneymakers. Investors have been told that good financials are around the corner and if we

[Nomoreshells4me]

Gutting long term shareholders of Canopy and Acreage won't be forgiven unless they can drive the shareprice back enough to make them whole again.   I don't know what CGC shareholders average share price is. If they've taken more risk and DCA to $5 then possibly with an ATH they may be whole again. But with a 15:1 consolidation it seems like a stretch that the long term

[Coloradobuff]

I don't believe they care about long term shareholders unfortunately. I will probably wait until I get more information. I.e. q2 numbers or no reverse split. A 10-1 or 15-1 reverse would be killer psychologically. And as most said will probably follow with another dilution. 

[Pedal2themetal7]

If they go ahead with a split without the rescheduling and Safer Act being formally approved IMHO a 15:1 or a 10:1 would be detrimental to retail shareholders.  Who would pay $15.00 or $10.00 a share for a company who's had one decent quarter!!! Even a 5:1 is a stretch.  It would have to be push down by the shorts, hence bringing the retail investors value in their stock position!!

[Coloradobuff]

I agree that shorts would push it right back down. Hence why I am waiting. 

[lou64]

Isn't kind of SAD that Canopy's shareholders revert / rely on another Cannabis company to provide aide ??? Isn't Canopy able to support their own business and provide growth ? This Quarter usage / market balance is softer which means still way to much supply vs demand which leads to price compression and then add in Croptober which will add more issues to pricing ... Lower prices