Canopy Growth Corp T.WEED

once US approves Mamajuana

[Diomio]

Weed.to = 10$

[quinlash]

I would have to run some numbers to confirm however I suspect your estimate is actually low, post HHS re-scheduling or progress seen on cannabis legalization. Currently the stock is trading below it's book value and the marketcap is well below the Enterprise Value of the company.  The stock is cheap, there is no question in my mind about that but.  As noted earlier, I am patiently

[charlie007]

With 732 mil shares, 10$ would increase the market cap to 7.3 bil.  What are their cannabis sales, 40-50mil per qtr maybe?  And they are still losing millions every week, with the usual promises for maybe break-even next year.  Acreage is 50 mil per qtr, but they are losing money and heavily in debt.  Compare Canopy to one of the US MSO's, GTII for example, GTII has a mc of

[Coloradobuff]

Green thumb a better investment today. Canopy will reverse split. Than dilute to raise enough funds to clean up their balance sheet. The new investors at that time may or may not be rewarded. 

[quinlash]

Green thumb did three reverse splits and canopy has done none. Presently the company can defer thst decision out to Sept of 2024 if the SP doesn't get back up to $1.  The stock did thst already in the last few months, it was 1 day off meeting the requirement.  I can't speak for the CEO but my expectation is that he will do whatever it takes to get the SP back up 

[geodcan]

If team Klein would just put out an nr of committment to Canopy shareholders in regards to the consolidation proposal not happening until all alternatives have been executed, that alone, would bolster the shareprice and put Canopy and Acreage shareholders at ease and maybe even in the buying and supporting the shareprice to get it back to the US dollar minimum requirement to remain on the Nasdaq.

[quinlash]

If you want the company to do a Press Release then go to their Webpage, find the "Contact Us" link and write into them.  Ask if they can please provide an update, if enough folks do it then they may actually provide it.

[charlie007]

GTI listed on the CSE as a result of a reverse takeover, or RTO, on June 13, 2018.  On June 14th they closed at $7.38.   There has been no share consolidation since then and they are currently trading at $13.24.   Common Shares of Canopy commenced trading on the TSX effective July 26, 2016 at around $2.70-3.00 per share and are currently trading at .75 cents.