TSX:WEED - Post Discussion
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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