[GreenKnight]

Yeah that's fair. I was just going kg to lbs and picked 2g/lb and said "under 5$/gram" --- but yes you're right everything is gram for gram ranging from 5-12$ etc etc. Was trying to be conservative but yes I totally effed up the math ;).

Been around CGC and others since inception, so I am definitely aware of what we've got here and I apologize for the misinformation!

We're all on the same team though, I agree. Thanks!

Enjoy the remains of your weekend!!

[MMPRuser]

just trying to help - I would hate for someone to completely misunderstand what they are invested in, and you are welcome

and 12k kgs @ 5 is EXACTLY $60 mil, they are produced in grams, sold in grams, no pounds necessary

[GreenKnight]

Sorry, was a late night. say $2,000/lb x 26,400lbs.. = you're right. Nearly 53m

They can grow you buds, but not a welcoming personality. Thanks for the correction, however. See ya 'round $20 next Spring.

[MMPRuser]

12,000 kg at $5 a gram is only $60 million - you are off by a couple of orders of magnitude. I recommend traders good a good grip on both arithmetic and the metric system before moving on to financial markets

[EddardStock]

I guess the IPO for Emblem is already closed but you can be added to a wait list.

[SuperIan]

What do you guys think of Emblem. Not trying to say their good bad or in-between just want to see what everyone has found on them. Their IPO is November 19th. Sure their facilities are not as big as others but it is a new industry with years to come. I've found their IPO price is going to be around 1.25 a share. Have a 23,000 square foot grow op and our seeking to expanded it. SO what have you guys found or what are your opinions. Currently plan on keeping a close eye on it.

[Blazing Stock]

The magnitude of this statement in CGC latest news release is undeniable a historic 12 kilo moment :

This current harvest that is underway as we speak will be the first time we've used the full potential of the largest greenhouse in the industry and we're very excited to bring a harvest of this scale to market for medical cannabis patients."


With this license extension, Canopy Growth Corporation has a present licensed production capacity of 12,000 kg across three diversified, world-class sites.

[GreenKnight]

I think that places like Shoppers will provide weed from large-scale LPs and give everyone variety.... No more having to pick between signing up with CGC over Aphria, for example. You get to go to shoppers and have your pick, as long as you have a valid prescription.

This is going to add an awesome convenience factor... And allow LPs to put more product out the door and get better exposure too.

[GreenKnight]

Imagine what a signed deal with Shoppers would look like.... Fill up a drug store with CGC weed. Bedrocan underneath the Canopy will also help to put this stuff in action....

They were the first to pioneer MMJ in the Netherlands. Smart move for CGC.

How can the Gov allow these grey area dispensaries and say "No" to Shoppers? This is gonna be huge fellas.....

20$ by next summer could be a real conservative bet here.... These revenues are peanuts compared to where the whole sector is going. Aim for the big LPs and you won't go wrong holding long IMO.....

[GreenKnight]

Well I figure revenues are super low in the sector to start off.... 12,000kg CGC is approved for between 3 facilities..... Capacity there would be over 2 billion in revenue at $2,000/lb or under 5$ per gram....

Not sure on the time frame but things like this get me excited.... Health Canada granted these mega licenses and now we are looking to distributors... Where is the weed coming from? CGC, Aphria, Mettrum, Tilray, etc etc etc..... That's my thoughts. Check this out. Shoppers does not want to produce Cannabis but they want to distribute:

www.theglobeandmail.com/report-on-business/shoppers-drug-mart-applies-to-be-medical-marijuana-distributor/article32511374/?arc404=true

[riotmaker]

What time frame do you give for it to get to 20 bucks a share

[Maryjane69]

Just bought 1k shares LOVE This STOCK

[-Kush-]

Why you mad... Go invest in them if you feel that confident

[IllinoisBoy68]

BAYER and MONSANTO will crush these small time green thumbs once they get into the market and make GMO marijuana

[Navg12]

Also here for the long run so just hoping for the best

[GreenKnight]

I think it will go above 20. But trade on your timeline right! I am going to be here for a very long time regardless.

[Navg12]

You think it will go above 10?

[IllinoisBoy68]

Relying on courier services to get product to customers may have its drawbacks if legislation changes the recreational and retail guidelines for MJ in Nov

[Longer Than Most]

Be careful. Overbought...maybe price won't react too badly to when it consolidates, but it WILL consolidate.

You honestly think CGC is worth 3/4 of a million dollars??

[IllinoisBoy68]

Oh yeah? Please, tell us more!

[EddardStock]

Unless there's oxycodine and OxyContin?meh what do I know

[EddardStock]

I think you have spell trouble yourself wtf is Oxycontin?

[joepub123]

CGC downgraded to hold by M Partners, on valuation.

[Longer Than Most]

CGC about to absolutely tumble

[-Kush-]

Look you missed youre chance accept it and move on go invest in emblem the 24000sq ft mega grow

[GreenKnight]

Emblem has nothing on CGC.... Would not put $ into a non-revenue LP with no license to sell and a mere 23,000 ft of grow space. Insignificant baby grower underneath the umbrella of the venture-capital outfit, KindCann.

Not seeing the Oxy connection either.

Can't compare to the revs that CGC and APH are bringing in... Emblem has no competitive advantage and with a piddly facility and without a license to sell it is not even an attractive take-over target.

SL/SPRWF is further along, waiting for a license to sell (like Emblem) and has 400k sqft of greenhouse space...

There are some potential "disruptive" competitors, in my opinion, but they will be absorbed by the larger entities with cash to spend.

GL!

Go CGC!

[IllinoisBoy68]

So many competitors, including the developer of Oxycontin named Emblem which will have an IPO in November. Big Pharma capital and experience in the business will be a tough competitor!!! If they end up on Health Canada's good side it will spell trouble for CGC

[GreenKnight]

Agreeed on Aphria!

[GreenKnight]

I think that several competitors are undervalued but that CGC is positioned very well... They are doing away with older strains too, and are adopting new genetics... They've got the cash to acquire the smaller fish, too, and are becoming an international player.

Not overvalued simply because some others are 1/2 the price. First-mover advantage turned out to be bigger than anyone imagined 3 years ago.... And the Bedrocan acquisition --plus partnerships & funding going to MADD-- makes CGC especially attractive because of its political backdrop as well...

If folks disagree -- feel free to take profits -- but I suspect double digits here before a Rec market, and a parabolic move into a Rec market with CGC paying a dividend in the future.

Those who bought at 1.50 and 2.00 are looking good right now.

And with that said... I am in several other smaller players that will also be big movers.

[-Kush-]

$$$$$$$$$$ CGC $$$$$$$$$$

[Blazing Stock]

CGC has the capacity to evolve with the demands of the market whether it's med or rec we will dominate.

Don't believe me ? Take a minute and visit their site ? Still not convinced just focus on the chart ! Boom $ !

[IllinoisBoy68]

Careful with that buy button upcoming major catalyst via Canadian legislation reform will cause huge impact on PPS.

Also, recent price increases on Bedrocan strains from $5 to $6.50 indicate CGC's operations are not as profitable as you might expect.

[Biomedicalwaste]

Exactly APH is up on its way. Overvalued

[IllinoisBoy68]

Overvalued, so much competition out there- makes this a very risky sector. After all, cannabis is a commodity and everyone knows that being in the commodity business is very treacherous.

[GreenKnight]

I'm also long ACB /ACBFF and SL / SPRWF.... Hoping they follow suit soon.

Go CGC!

[GreenKnight]

Nice buy! It's a great one.... I got my dad in a few years back... He avgd all the way down to 1.70 cdn when it dipped hard.... Hasn't sold a share yet either.

Gonna be 20$ a share no problem...imo...

[dawood]

I could not be happier with this stock. I got 12k of USA shares at 2.50. I'm long for 5 years. It's flying today

[GreenKnight]

Yup! Easy 10$ a share before the year's out..... And we'll just keep getting stronger.

CGC to be the Molson-Coors of MJ!

[Blazing Stock]

Amazing resistance was overcome hello 6.00 +++

[Blazing Stock]

Once we get past 5.80 $6.00 is going to come fast !

Im sure glad Im not watching the board and complaining about profits ..,ha ha I much prefer making profits and holding CGC shares and making $$$$

[Biomedicalwaste]

Agreed they have a long way to go before profits are shown. That's why big banks backed out , no revenue = a big no for institutions

[Captainandy]

# CGC: Best advice for everyone.

[Captainandy]

# CGC : Great DD post Blazing...

[-Kush-]

I dont get it.. Either you hate money or youre half retarded...

[Blazing Stock]

ok then don't invest sit back and watch the chart burn a hole through the top of your screen ... I have been following tweed since its inception and without a doubt I can say no other MJ company has worked so hard and diligently to increase shareholder value slow and steady and now it's paying off for us.

On Monday I'm gonna eat turkey and count money and Thanksgiving is going to be a big thank you CGC for giving me money day!

Profits that count are the ones in your pocket remember that$