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Bullboard - Stock Discussion Forum Canopy Growth Corp T.WEED

Alternate Symbol(s):  T.WEED.DB | CGC

Canopy Growth Corporation is a cannabis company. It delivers innovative products with a focus on premium and mainstream cannabis brands, including Doja, 7ACRES, Tweed, and Deep Space, in addition to category-defining vaporizer technology made in Germany by Storz & Bickel. The principal activities of the Company are the production, distribution and sale of a diverse range of cannabis and... see more

TSX:WEED - Post Discussion

Canopy Growth Corp > Reverse Splir.
View:
Post by Jettthro on Dec 14, 2023 11:29am

Reverse Splir.

Reverse Split is obviously to continue having this stock shorted.  A reverse split won't benefit shareholders.  Only management and they're shorting team.  Aurora did the same 3 years ago.  From 50 cents, to (1-12 split) 6 dollars. Now shorted back to .60 cents. Or a nickle.  Pre 1-12.  Remember, Canopy Managemt can't make a cent if their stock goes up, (something to keep in mind) they can't sell they're shares.  But yes, they can profit from having them shorted.  For every 2 tenths of a cent they make shorting, share holders lose 1 dollar.  Which is basically, 2 cents per 10 dollars, 20 cents per hundred, 2 dollars per thousand. 20 dollars per 10,000, 200 dollars per 100,000.  Just think, for every 100,000 dollars shareholders lose, Canopy Growth and shorting teem, can take family of 4 out for a nice dinner!!  etc.
Comment by quinlash on Dec 14, 2023 11:36am
Much of the compensation realized by Management is through share compensation.  You may want to look into that.  It is to the advantage of Insiders to see higher shareprices. BTW,  I was monitoring ACB on the 12:1 consolidation.  The SP jumped 250% the following day, yes, it did give that back but it occured none the less.  You can go back over the charts for that date to ...more  
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