Canopy Growth Corp T.WEED

Thanks again quinlash, for sharing your

[Keeler]

vast investment experience, knowledge, insights and acumen with us lesser investors.

Molson Coors had  a JV with Hexo - Truss Beverages, Truss USA lasted about a year before they terminated it - and recently sold off their share of Truss Canada.

Annheuser dumped 8 failing craft brewers in a dead in the water sector onto Tilray.

Large companies adapt to reality - they are hardly blind, cultist followers of losing ventures, holding 'long' despite the reality of failure.

Large companies - competently run large companies, that is - move from loser investments. Constellation is not 'trading' like 'average Joe investors' quinlash - and the average Joe doesn't trade like big companies.

Cannabis news will draw a reaction? 
Brilliant insight.

Thanks again

 

Post by quinlashon Jun 14, 2024 9:22pm

96 Views 

Post# 36090213

Constellation Brands Holding In

Constellation put 4 Billion into Canopy years ago and are still showing their commitment to the investment through the Canopy USA move.

This means they held through the best of times, the wiertiof times and even through a reverse split.

Large companies commit to long timeframes, they also tend to value time in the market rather than timing the market.

If you want to trade like the big boys you need to think like the big boys.  The difference is that average Joe's need to be cautious with over commiting.

If you hold Long you have to consider riding out the bad days.  If you trade short you have to be capable of covering that trade despite how high the SP might go

Cannabis reform news is coming this summer, everyone show be aware of that. This news I going to draw a reaction and much higher volume.  This news may be exactly what the sector needs to lift everything, we will know once it happens 

[BrokerG]

Just to clarify Q's post- The only Cannabis reform coming this summer is Re-Scheduling. The question we need to answer is : Has Re-scheduling been priced into Canopy already? In regard to other reforms-, SAFE is a long way away- Definitely after the US election- Best guess - Spring or Summer 2025. Full legalization - Maybe 2026? I would be happy to hear discussion or opinions on re

[quinlash]

RE-Scheduling of cannabis may be a bigger mover to the cannabis sector than many may first think.   Yes, it is another step towards the full legalization of cannabis however it may also mark a turning point for many large investors to start entering Long Positions on their companies of choice. Companies like Coke + Pepsi, Kraft and Johnson and Johnson have all been reported, or highly

[BrokerG]

You may be right Q however I would think SAFE would be the factor that brings institutional investors more than re-scheduling.  Rather than bash each other can we get a discussion on this subject? Talking to you Keeler

[quinlash]

There only needs to be one institutional investor moving in on the stock to change the dynamics of the float and force shorts to cover.  A cover order and a buy order are the same as they take shares from the sellers, regardless if that seller opts to post their shares for sale at a profit or a loss. The institutional could in fact be holding a short position of their own and covering

[lafong]

Yikes! Cuckoo. Never fail to amaze. All the REARCH, PONDERING, and MUSING is paying off big time.