Canopy Growth Corp T.WEED

Short as much as they can before Dec 9th :(

[1hot-techwoman]

https://www.greenmarketreport.com/canopy-growth-to-close-acreage-deal-next-week/

[srtman03]

Sad really for such a power house in the industry....

[pacer217]

"Powerhouse"   THIS!!??   REALLY?? Just like they said The TITANIC could not sink.   Well that did go down in 2 hours.  WEED has taken 33 months to go down 99 Percent maybe a recovery in January??  may get back to $7.00 ?? what would the catalyst be for that?

[UniqueKitty]

Yo Hottie, As far as the Acreage deal goes there's no practical gain in continuing to short CGC/Weed through Dec.9. The terms of the deal were locked as of Nov. 22.  Plenty of other reasons I'm sure, but the Acreage deal isn't one of them.  could just be tax sales have started early... lol cheers  

[1hot-techwoman]

Short Covering has begun before Acreage deal closes on Dec 9th ! Just my guess :)

[BrokerG]

Yes this very temporary bump was a few shorts covering. Probably be lower by mid day.  Has anyone been able to explain the 20 million new shares that Canopy has issued over the last few months? That is over 20% of the outstanding shares. Do they have a "shelf" registration? Even if they do, don't they have to file something with SEC? Where did the proceeds go? Who received the