Canopy Growth Corp T.WEED

Been her since day 1.

[Newbie420]

The amount of people on here that are invested in canopy growth or acreage Holdings for that matter that have absolutely no idea how the deal works or how the newly formed canopy USA deal works is mind-boggling to me. Most of you should take your money out and put it into a GIC. It's a very simple investment with no thought or emotion involved.
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First let's talk about the acreage deal. This deal was forged before the reverse split of canopy growth and that means that the acreage deal will be subject to the same terms. For those of you that don't know, that means that it will take 30 acreage shares to get one of the new canopy shares post reverse split. It sucks but it's true. Deal with it.
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Next let's talk about canopy USA that some people on here keep saying it's a private deal or a scheme to pull out any value left if the company goes bankrupt. Absolutely moronic. If you know how to read it just takes a short Google search to find the terms of the canopy USA deal. Canopy USA is owned entirely by canopy growth. This means that you the shareholders of canopy growth are the owners of canopy USA. Most of you don't even know the real reason why canopy USA was created. Yes it was created so that canopy growth could enter the US market. The reason canopy USA had to be created is because when constellation Brands gave canopy growth the $5 billion dollars, written into the deal was that canopy growth would only operate where cannabis was federally permissible. Constellation brands would not allow canopy growth to enter the US market unless canopy growth could protect constellation brands from exposure to any control of an entity operating in contradiction to Federal law. That is why canopy USA is not listed on any Stock Exchange and the shares of canopy USA have no voting rights or control over canopy USA. The control of canopy USA is entirely in the hands of canopy growth even though they claim it is not. Once all the deals in the USA are consummated, canopy growth will report their regular earnings excluding canopy USA and after that report is done, just as a point of reference they will let you know how canopy USA's performance would impact canopy growth's report if they could include it in their numbers. No one can run away with canopy USA, it is a separate entity owned solely by canopy growth, which means you the shareholders own canopy USA. That is why you can switch your shares back and forth as many times as you want on a one-for-one basis. If canopy growth was to go bankrupt, which in my opinion will never happen, canopy USA would be included in any bankruptcy proceedings in order to determine value to creditors and shareholders.
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Geo, you always talk as if you know everything about canopy growth and then you make these crazy statements that are absolutely misleading, false and just plain wrong. You would be doing a service to this board if you would stop posting and just read the comments of other more knowledgeable posters.
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Just as a side note I'll give you some of my predictions.
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1. Safe banking passes before the spring of 2025, most likely in the lame duck session. If you don't know what that is, Google it.
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2. Acreage Holdings, Wana brands, jetty and canopies share in terrascend corporation have already dramatically increased in value do to 280e no longer being a factor because of the reschedule from schedule 1 to schedule 3. Currently none of the US MSO companies, including the ones that canopy owns or has a share in, are allowed to write off any expenses when filing their taxes. That changes with the schedule 3 classification which is going to instantly and dramatically increase the positive cash flow of all of these entities as well as every other MSO in the USA.
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If you didn't know any of this before reading this post, consider yourself lucky for having invested in canopy growth. You threw a dart at the dart board and you hit the bullseye. Some of the other top MSO companies will also do very well but canopy growth will turn out to be the alpha male in the room.
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Enjoy the rest of your long weekend.
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[lafong]

WOW. You're almost as smart as Qless. What an moronic, overly optimistic view

[mano541]

Thumbs down! 

[charlie007]

"If you didn't know any of this before reading this post, consider yourself lucky for having invested in canopy growth. You threw a dart at the dart board and you hit the bullseye. Some of the other top MSO companies will also do very well but canopy growth will turn out to be the alpha male in the room." Such hype. Reading this you'd think canopy is guaranteed to make everyone

[quinlash]

Cannabis stocks currently trade cheap - Period.  This is obvious by reviewing historical charts but the primary indicator is the fundamentals. Many of these stocks have been beaten over the last few years by macro level factors outside of their control.  Examples include the sell off that occurred during COVID lockdowns, FUD in the market with the onset of the Ukraine war and most

[charlie007]

You recommend that everyone sit on their shares and eventually get rich, imho this is not a good strategy because they are still losing money and will need to raise more, whereas I hope it drops again during earnings, how about 12 this time, then we can ride it up again and make an easy 20+%