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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 > Shareholder question
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Post by BrokerG on Nov 29, 2024 10:10pm

Shareholder question

In light of Canopy's recent screw over of Acreage fixed shareholders, what prevents them from doing the same thing to the shareholders that did not convert their shares to CUSA. All they would have to do is "carve out" the Canadian division and sell it for pennies and use the money to repay debt, leaving existing CDN shareholders with basically a non profitable CDN marijuana company with little prospect for growth. 

Remember  - Constellatio already converted all their shares to CUSA.

I would not usually be worried but this Company is desperate especially if US rescheduling or Safe Banking is delayed a few years.

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