WEED

Canopy Growth Corp

TSX

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666

WEED

Canopy Growth Corp

TSX

Add Alert

666

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lodas

05/01/24 11:21 PM

Post #128,515

Re: #128,513: @sweet crude - News: Senators File Bill To Federally Legalize Marijuana

my long stock positions on Weed (CGC) and Tilray, and related Put options made my portfolio jump 26,000 dollars yesterday when Weed went up to 15 dollars per share, and Tilray climbed too....I am all over Weed having sold PUT options when the stock fell to about 2.65 from 5 dollars on the 1/10 Reverse split a few months ago...it seems that Weed, and Tilray have achieved "meme" status after the shorters had a field day for years now...shorts will pay bigtime to cover as Jim Chanos made millions as a short seller... he recently gave up and liquidated his short hedge fund because he said "the game has changed on wall street"... meaning that contrary investors buy heavily shorted stocks and trap these mofos that game the markets.... dont get caught shorting Coop, as the float is very small, and most of Coop stock is held by "strong hands".... Lodas

Moonboy1

05/01/24 5:08 PM

Post #128,514

Looks like pot stocks may be done. This hit today will knock the wind out of people's sails. Just more theatrics and nothing really to show for it. More fake legalization bills bring introduced blah blah blah. No banking bill and no legalization. Basically back to square 1

sweet crude Free

05/01/24 1:46 PM

Post #128,513

News: Senators File Bill To Federally Legalize Marijuana

Senate Majority Leader Chuck Schumer (D-NY), Senate Finance Committee Chairman Ron Wyden (D-OR) and Sen. Cory Booker (D-NJ) and a coalition of other Democratic senators have officially reintroduced a bill to federally legalize marijuana.

One day after the Justice Department announced that it is moving to reschedule cannabis in a historic policy shift, the senators held a press conference on Wednesday to unveil the Cannabis Administration and Opportunity Act (CAOA).

The senators’ move to file the broad legalization measure also comes as industry advocates continue to push to enact narrower legislation focused on cannabis business’s access to banking services.

https://www.marijuanamoment.net/watch-live-schumer-and-other-democratic-senators-file-bill-to-federally-legalize-marijuana/

Al 100

05/01/24 6:31 AM

Post #128,512

78% up is awesome

TheFinalCD PremiumMember

04/30/24 8:03 PM

Post #128,511

wow whatta freakin close 20.45 and CGC $15.77

borysek

04/30/24 7:50 PM

Post #128,510

what tomorrow ? .. are we going to watch a big drop ? ... great chance ,

borysek

04/30/24 7:17 PM

Post #128,509

Re: #128,502: @Bazwar6 - How are you making out?

shorted months ago at $ 23( it was $2.3 ) .... generally I am big time ... winner

a false profit Free

04/30/24 5:16 PM

Post #128,508

Re: #128,499: @borysek - I am in ! .... shorting at $2.3

GOOD JOB !!!!!!! hopefully you're on skid row now ! LoL !

Monksdream PremiumMember

04/30/24 4:46 PM

Post #128,507

Re: #128,506: @Bazwar6 - Canopy traded over $1 billion today

Split adjusted chart for CGC
Been down so long it look like to me

Bazwar6

04/30/24 4:37 PM

Post #128,506

Re: #128,505: @Monksdream - Not really

Canopy traded over $1 billion today

Monksdream PremiumMember

04/30/24 4:23 PM

Post #128,505

Re: #128,504: @PAUL_MARKOWITZ - CGC trading 2020 Gamestop style

Not really

PAUL_MARKOWITZ Free

04/30/24 4:04 PM

Post #128,504

CGC trading 2020 Gamestop style

Chartmaster Free

04/30/24 2:58 PM

Post #128,503

Re: #128,501: @Monksdream - Look at all the reefer tickers in the

8K is Out and all pot stocks gettin high!!!
https://www.otcmarkets.com/filing/html?id=17491316&guid=f5Q-k6RJAZ_6Jth

Bullish

Bazwar6

04/30/24 2:57 PM

Post #128,502

Re: #128,499: @borysek - I am in ! .... shorting at $2.3

How are you making out?

Monksdream PremiumMember

04/30/24 2:55 PM

Post #128,501

Look at all the reefer tickers in the Barchart Top 100

Al 100

04/30/24 1:53 PM

Post #128,500

Holy Moly 30% up :)

borysek

04/29/24 1:18 PM

Post #128,499

I am in ! .... shorting at $2.3 ( automatically $23 now ) on Sept. 12/24 ....

Al 100

04/28/24 3:51 PM

Post #128,498

I have made good profit in the past couple of weeks and I will make more in the next coming weeks

Al 100

04/28/24 3:50 PM

Post #128,497

Re: #128,496: @borysek - this stock is a scam ... stay

Why you don’t stay away:))) 24/7 to write bs about this stock:))))

borysek

04/28/24 12:34 AM

Post #128,496

this stock is a scam ... stay away if you do not know how to play a tricky game ....

borysek

04/27/24 12:39 AM

Post #128,495

Market Capitalization = $1,081M ....joke of the week

borysek

04/26/24 12:56 PM

Post #128,494

Re: #128,493: @Moonboy1 - Nice pump and Dump. What's that like 30

at this time this stock is good only for smart players , they make a lot of money ... when naive people are going to lose a shirt ...

Moonboy1

04/26/24 11:50 AM

Post #128,493

Nice pump and Dump. What's that like 30 times in the past month?

happyglass Free

04/25/24 6:13 PM

Post #128,492

Re: #128,485: @awesomesound - Constellation Brands converts shares in cannabis operator Canopy,

You are always a great source of information awesome. This has been an interesting time for sure

Al 100

04/25/24 5:14 AM

Post #128,491

Re: #128,490: @borysek - huge scam .... be careful to sell

Funny :))))

borysek

04/24/24 4:55 PM

Post #128,490

huge scam .... be careful to sell , a day with dramatic drop is coming ...

Al 100

04/24/24 3:07 AM

Post #128,489

Re: #128,488: @borysek - this stock is a scam ...

You don’t have to buy it, let other people buy to make huge profit.

borysek

04/23/24 12:02 PM

Post #128,488

this stock is a scam ...

borysek

04/23/24 9:48 AM

Post #128,487

yesterday I went to weed store called Spiritleaf ( Ottawa ) and asked how popular are the products of CGC ... the answer was ... CGC products are not in demand ....

borysek

04/21/24 10:56 PM

Post #128,486

only smart players know that a black day is coming to CGC very soon .... and the price will drop in a dramatic fashion ...

awesomesound Free

04/19/24 2:36 PM

Post #128,485

Constellation Brands converts shares in cannabis operator Canopy, departs board
Weed investment money no longer yours

Beverage alcohol company Constellation Brands has converted its shares in Canadian cannabis company Canopy Growth Corp. into new exchangeable shares.

Constellation’s exchangeable shares may be converted back into Canopy common shares on a one-to-one basis, the companies announced Friday.

However, the two Constellation subsidiaries that now own the exchangeable shares don’t plan to convert them “until such time as the U.S. domestic sale of marijuana could not reasonably be expected to violate the Controlled Substances Act, the Civil Asset Forfeiture Reform Act (as it relates to violation of the Controlled Substances Act), and all related applicable anti-money laundering laws,” Constellation said in a news release.

The three remaining Constellation nominees to Canopy’s board have all resigned as part of the deal, and Constellation “no longer holds any governance rights in relation to Canopy Growth,” Canopy noted in its release.

Promissory note forgiven
Constellation subsidiary Greenstar Canada Investment Limited Partnership has also canceled and forgiven a promissory note to Canopy with principal worth 100 million Canadian dollars ($72.8 million), converting CA$81.2 million of the principal into shares and forgiving the remaining principal and interest.

Smiths Falls, Ontario-based Canopy said it now has CA$100 million less debt on its balance sheet.

“While we remain supportive of Canopy’s strategy, this transaction is expected to eliminate the impact to our equity in earnings and is aligned to our intent to not deploy additional investment in Canopy,” Constellation President and CEO Bill Newlands said in a statement.

Constellation’s move comes days after Canopy shareholders approved the creation of the exchangeable shares as part of a plan to create the company’s U.S.-domiciled holding company Canopy USA, which is meant to acquire Canopy’s existing U.S. cannabis assets.

“We look forward to maintaining an enduring positive relationship with (Constellation) as our largest shareholder, and to the further advancement of the Canopy USA strategy that this change enables as Canopy USA moves forward with the acquisitions of Wana, Jetty and Acreage,” Canopy CEO David Klein, a former Constellation executive, said in a statement.

Constellation-Canopy history
Constellation originally invested in Canopy in 2017, taking a 9.9% stake.

The Victor, New York-based alcohol company poured an unprecedented CA$5 billion into Canopy in 2018, acquiring more shares in a deal in which Constellation received board seats and warrants that could have boosted its stake in Canopy to more than 50%.

Constellation exercised some of those warrants in 2020.

By 2022, however, Constellation said it did not plan to invest any more capital in the Canadian cannabis operator.

Constellation allowed its warrants to purchase additional Canopy shares to expire last November.

Canopy’s latest quarterly net loss was CA$216.7 million, with net revenue of CA$78.5 million.

Shares of Canopy trade on the Nasdaq as CGC and on the Toronto Stock Exchange as WEED.

Constellation trades as STZ on the New York Stock Exchange.

https://mjbizdaily.com/constellation-brands-converts-shares-in-cannabis-operator-canopy-departs-board/

borysek

04/18/24 8:03 PM

Post #128,484

scam ... it is time for officials to investigate .... a lot of people lose money , some involved - make

Moonboy1

04/18/24 4:42 PM

Post #128,483

Re: #128,482: @borysek - now , this stock is a scam ...

I took profit. It's now tanking like I said it would. It's all talk. Show me the $$$$$

borysek

04/18/24 3:26 PM

Post #128,482

now , this stock is a scam ...

Moonboy1

04/18/24 12:06 PM

Post #128,481

I took my 20% profit. That's enough for me today. Actions speak louder than words.

borysek

04/16/24 10:21 PM

Post #128,480

do we see the price of $7 by the end of the week ? ... great chance , do you know what to do ?

Moonboy1

04/16/24 2:48 AM

Post #128,479

Just realized ACB is almost the same price as this now. Wow.

Moonboy1

04/15/24 11:01 PM

Post #128,478

I don't think people understand how big of a deal marijuana is in the US. They absolutely do not want to legalize it federally because of big pharma and oil who own the politicians. Remember our drugs are petroleum based. Legalization opens people's eyes to herbal remedies and that will trickle into other areas of medicine and cost billions for big pharma. It ain't gonna happen

borysek

04/15/24 4:02 PM

Post #128,477

David Klein can say all kind of fantasy .... the fact is CGC , for number of reasons , is going into black hole ,

Al 100

04/15/24 3:33 PM

Post #128,476

Notably, Klein added that Canopy is "cautiously optimistic" that the federal government will reclassify cannabis from Schedule 1 to Schedule 3. If so, the move could boost cash flow for Canopy's U.S. assets, Wana Brands, Jetty Extracts and Acreage. Plus, having these assets under the Canopy USA umbrella "is expected to generate revenue and cost synergies."

happyglass Free

04/15/24 12:36 PM

Post #128,475

Re: #128,473: @Al 100 - The exchangeable shares will not carry voting rights

Does this mean they are dissolving the Canadian arm of the company and basically putting all focus on the US? I have yet to see the assets that belong to the separate companies. Or is Canada being shut down and they are only operating in the US going forward? New territory here for sure!

Al 100

04/15/24 11:29 AM

Post #128,474

Re: #128,473: @Al 100 - The exchangeable shares will not carry voting rights

Sounds good, I like it.

Al 100

04/15/24 11:28 AM

Post #128,473

The exchangeable shares will not carry voting rights or rights to receive dividends or other rights upon dissolution of Canopy Growth but will be convertible into shares.

A total of 32,250,578 common shares of Canopy, representing 35.40% of the issued and outstanding shares, were voted in connection with the meeting by the company’s shareholders and proxy holders.

See also: Canopy Growth Enters US Market: What’s Next For The Innovative Cannabis Brand?

Why It Matters
The move enables the acceleration of Canopy Growth’s entry into the U.S. THC market, which is forecasted to reach roughly $50 billion in 2026, the company said on Monday in a press release.

“With this successful shareholder vote complete, our Canopy USA strategy is advancing and is poised to make Canopy the first and only U.S. listed cannabis company offering shareholders unique exposure to the rapid growth of the U.S. cannabis market,” said David Klein, Canopy Growth's CEO who launched Canopy USA in 2022.

Moonboy1

04/15/24 8:19 AM

Post #128,472

Re: #128,469: @borysek - the price fluctuates like crazy , this is

The strike will now be used as an excuse to stop the weed legalization talk. It's a distraction from popular issues like banning free speech(Tik Tok) and other issues as well. I think this is a ll a hoax since no one was injured. The strike is real but they knew the iron dome would stop it. They probably used a bunch of old drones that were going to be scrapped anyway.

happyglass Free

04/15/24 12:07 AM

Post #128,471

Re: #128,465: @Moonboy1 - Actually the earth is only 10,000 years old.

Fairy tales are for teaching life lessons. They are not literal. You have been indoctrinated by misguided people. Normally I would not care but their activities are actively causing harm. Which layer of the earth’s surface did they look for this lunar dust? Science is real it is always updating when theories are disproven. The made up religions are only modified when the rich want a rewrite. The earth is billions of years old, the earth is round, cannabis has been used as a medicine for likely thousands of yers before it was written about in a chinese formulary 8,000 years ago. Time to legalize it. I will not touch Canopy until I know exactly what assets go with each branch of the company if at all. It was good to me once, just check in for old time’s sake

a false profit Free

04/12/24 11:54 PM

Post #128,470

Re: #128,465: @Moonboy1 - Actually the earth is only 10,000 years old.

lol yes in " biblical years " https://science.howstuffworks.com/how-old-is-earth.htm a dude named adam & a chick named eve magically appeared & every human species evolved from a white dude & a white chick right ? lol . everything you think you know has been a lie .

borysek

04/12/24 2:10 PM

Post #128,469

the price fluctuates like crazy , this is a bad sign , the same day we see 10% up ...and than 10% down , pure manipulation , when the price goes steady up with some , little drops ( people take profit ) - you can sleep well , we do not see this , we will see soon dramatic drop in one day , read my lips - boys and girls ...