Skip to menu

Conversation Board

SEARCH by Keywords:

CaptainJack7 Posted1 3 years ago

Hey Guys (@Ceasar88 , @matrxmanipulator , @Canadaboi) looks like the sell off today was due to Canopy taking on some more debt that people weren't expecting...still feel October will give enough time for market to forgive and forget...besides why you borrow is extremely important... "The Company intends to use the net proceeds from the sale of the Initial Notes and the Over-Allotment Notes for supporting expansion initiatives and general corporate purposes, including working capital requirements." https://finance.yahoo.com/news/canopy-growth-corporation-announces-exercise-131300443.html

image

CanadaBoi 3 years ago

@Ceasar88 , @matrxmanipulator, @captainjack7, @balleballeboy finally a turn around, let's see what the next 2 weeks bring https://finance.yahoo.com/quote/CGC?p=CGC

CanadaBoi 3 years ago

@Ceasar88 , @matrxmanipulator, @captainjack7, @balleballeboy CANOPY EARNING coming..FINGERS CROSSED! https://finance.yahoo.com/news/canopy-growth-corporation-announce-first-140000754.html Canopy Growth Corporation (TSX: WEED, NYSE: CGC) ("Canopy Growth") will release its financial results for the first quarter fiscal 2019 ended June 30, 2018 on August 14, 2018 . Canopy Growth has established partnerships with leading sector names including cannabis icon Snoop Dogg, breeding legends DNA Genetics and Green House seeds, and Fortune 500 alcohol leader Constellation Brands, to name but a few. Canopy Growth operates ten cannabis production sites with over 2.4 million square feet of production capacity, including over 500,000 square feet of GMP-certified production space. Canopy Growth has operations in 11 countries across five continents.

CanadaBoi 3 years ago

@matrxmanipulator , @Ceasar88 , @captainjack7 @balleballeboy expansion news is just the beginning! Very aggressive growth strategy here Canopy Enters MOU with BC Liquor Distribution Branch to Supply British Columbian Market see article https://finance.yahoo.com/news/canopy-enters-mou-bc-liquor-123300675.html keep an eye out in coming weeks, I may vote to raise sell at price if strong move up!!

CanadaBoi 3 years ago

@matrxmanipulator , @Ceasar88 , @captainjack7 @balleballeboy expansion news is just the beginning! Very aggressive growth strategy here Canopy Enters MOU with BC Liquor Distribution Branch to Supply British Columbian Market see article https://finance.yahoo.com/news/canopy-enters-mou-bc-liquor-123300675.html keep an eye out in coming weeks, I may vote to raise sell at price if strong move up!!

CanadaBoi 3 years ago

@matrxmanipulator , @Ceasar88 , @captainjack7 @balleballeboy expansion news is just the beginning! Very aggressive growth strategy here Canopy Enters MOU with BC Liquor Distribution Branch to Supply British Columbian Market see article https://finance.yahoo.com/news/canopy-enters-mou-bc-liquor-123300675.html keep an eye out in coming weeks, I may vote to raise sell at price if strong move up!!

CaptainJack7 3 years ago

@matrxmanipulator , @Ceasar88 , @canadaboi @balleballeboy interesting article on Canopy, see link: https://finance.yahoo.com/news/canopy-growth-stock-best-bet-200922471.html Canopy Growth (NYSE:CGC) has solidified its position as the best bet for profiting in the marijuana market by buying Hiku Brands (OTCMKTS:DJACF) for stock. Canopy will pay .046 shares of its own stock for each Hiku share, valuing the smaller company at C$1.90 per share. It’s a smart move, because Hiku has a retail brand, Tokyo Smoke, while Canopy has production facilities. Also, recreational marijuana is becoming legal in Canada. Legislation to that effect could go into effect by October. The buyout now puts Canopy Growth, which had been operating in the medical marijuana field, in pole position.

CaptainJack7 3 years ago

@matrxmanipulator , @Ceasar88 , canadaboi interesting article on Canopy, see link: https://finance.yahoo.com/news/canopy-growth-stock-best-bet-200922471.html Canopy Growth (NYSE:CGC) has solidified its position as the best bet for profiting in the marijuana market by buying Hiku Brands (OTCMKTS:DJACF) for stock. Canopy will pay .046 shares of its own stock for each Hiku share, valuing the smaller company at C$1.90 per share. It’s a smart move, because Hiku has a retail brand, Tokyo Smoke, while Canopy has production facilities. Also, recreational marijuana is becoming legal in Canada. Legislation to that effect could go into effect by October. The buyout now puts Canopy Growth, which had been operating in the medical marijuana field, in pole position.

CanadaBoi 3 years ago

@captainjack7 , @matrxmanipulator , @Ceasar88 as expected some good news has begun...

image

CaptainJack7 3 years ago

interesting article @balleballeboy ...coming weeks should be interesting https://finance.yahoo.com/news/canopy-growth-corp-stock-isn-162600998.html

CanadaBoi 3 years ago

yeh @captainjack7, that was a surprise, but i agree.