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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 > What happened to that 250 million ATM ?
View:
Post by lou64 on Oct 11, 2024 6:58am

What happened to that 250 million ATM ?

Back in June Klein announces that Canopy was in need of 250 million and the stock was 10.50 plus cad ..... last remember 30 million was the part filling of ATM before the collapse in share price leaving this ATM in LIMBO ... Canopy needed the money for the light bill and corporate affairs and if lucky they'd have some in the kitty to help pay for Wana or or or ... but sadly Klein dream vanished !!!

I see Klein with a new improved brain wave idea of a new REVISED ATM coming at a MUCH REDUCED rate and a MUCH HIGHER rate of  " DELUTION " is coming !!

Question will be ... does Klein announce it pre-earnings or post-earnings ?????
November will be a UGLY  month for sahareholders
Comment by OptGreen on Oct 11, 2024 9:18am
The ATM is not happening, or not now anyway?? Klein's problem is the role out of legal bud has never moved forward like other industries, as a fair bit of the population see it as taboo and politicions used it for the carrot and the stick...with many areas of the US handling in different shades of legal? Now Kammy weaponized it with the cartel bud and fentanyl, pouring in on illegal aliens ...more  
Comment by OptGreen on Oct 11, 2024 12:01pm
This is a 'budding' industry, lou...better yet, cannabis will be in and impact several areas of society going forward. They are coming out with more positive all the time, like brain health I see now and they have not even openned the doors, there is much more to come. Cannabis is different than anything they have had to deal with and integrate, of which at this stage is much different ...more  
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