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Their message has been consistent. They know if they free the money before those who have been imprisoned they will never be free. If the republicans are elected it will stop any national legal cannabis and the industry will be partitioned state by state for the future. That is not a good way to build a business based on a commodity. Walz has supported in his state and Harris implemented a redirection program for education not jail. I am surprised so many cannabis advocates are leaning gop
Excellent news! Thank you for sharing
Drug ford is a better dealer underground. Taxes and tracking inventory are not his strong suit. Vote better get better
Thank you. So much nuance
Why do you say that?
Great update the future is bright
I would love you see you open a wealth simple account (tfsa) put in a few bucks trade the bounces (trades are free there td charges $10 a share) and make a bundle. You have had your finger on the pulse of the industry from early on and are clever. Just for giggles :) buy low sell high and accept payback from the industry you started. Health Canada published the draft of their new changes on Friday. Incremental positive changes the comment period is for 30 days. I know you will have good feedback for them. 2034 is a long time to wait for the next bump but 6 years ago it was outlawed. One change they are making is a window in the packaging so you can see the bud. No changes to excise taxes that is not their jurisdiction. Anything is an improvement over what was available here in 2010 eh? They are talking about dropping the barriers to micro grows. And some research can be done without expensive licenses. You are an expert grower. You opened the industry, take some gravy. In case you have not already seen it.
https://canadagazette.gc.ca/rp-pr/p1/2024/2024-06-08/html/reg2-eng.html
Even bunk LP weed soothes the body. You and Trudeau will have my continued gratitude. You have made the world a better place. Tilray, Hexo, Aphria, Manitoba Harvest (their organic hemp seeds are yummy) American booze brands, German grow + international grow, all for $1.77 US today. This seems to me to be a Microsoft at $5 moment. Jmo
I have not owned Canopy shares since Constellation fired Bruce and took majority ownership. I hold CPG and companies with international exposure that seem to understand the potential of the industry. I may (big may) buy some STZ if they tank the price so far down it becomes insolvent and they can take it over super cheap. Like what RWB did to Aleafia. What I have seen from them so far I probably will not even then. Manipulation is rampant in new industries and going from illegal to legal is worst. I am investing in a better world. Cannabis is wonderful medicine and I will do what I can to help the industry grow. Money isn’t real, it is a tool. I am using it to build a healthy future :)
I commend you for being a pioneer and opening up the medicine for everyone on the planet!. You are in a unique position and I am glad you have had the grace of being able to get your medicine in the huge quantities you require. Even bunk LP weed cures cancer so to me any cannabis is good cannabis. I am glad you are a talented grower too :) the corporate folks do not understand the finesse needed for good flower. I am neither a patient or a grower so I am happy to not be considered a villain when I have a brownie. Health Canada has loosened the restrictions slightly it was published today. You are very aware of how everything is interconnected and the government would benefit from your feedback in the 30 day window. We are on the same side just in different positions and my micro dosing and paying taxes on my entertainment is a bonus. I am happy to pay the taxes. Roads do not pave themselves. I want to see the patients get their medicine covered because it makes us all healthier in so many ways. This is an amazing time and I am glad to see you here. Here is the link to the proposed regs if you have not seen it yet. Thank you for your tenacity! The world is better for it.
https://canadagazette.gc.ca/rp-pr/p1/2024/2024-06-08/html/reg2-eng.html
The reverse split is timely if they are looking to uplist. With cannabis being shifted to schedule 3 I see this as an excellent move. I hope the market sees what I see
Thank you for the update
Everyone in the industry is hobbled by laws that are backward and do not apply to any other. The shareholders could call their senators and other reps an tell them they want cannabis descheduled and treated like alcohol. Any businesses that are still here have a decent shot. As long as regulations change soon.
Good morning
Does your dealer give you a portion of his profit? Mine does. The black market is dying because the only reason the prices ever got so high was because of prohibition. How is the consistency? One thing I really like about legal weed in Canada. I can get the same thing twice. Can not tell you how frustrating it was to get a strain I really liked and could never get it again. Small growers should be like wineries and big operations just be McWeed. More people get the medicine makes me happy
That is why I am here. I am investing. Cannabis and progressive energy are a way for me to help make the world a better place. If I make money here I will redeploy it to other worthy causes. Thank you for building the future.
I believe Constellation is using its controlling interest in Canopy to hedge its alcohol biz. They knew what was coming so they will just pivot to weed bevs. I still will not buy either company. There are others that are better positioned and better managed
I disagree with you on the pricing Awesome. In Canada we can now buy a gram of live rosin for $15 and an ounce for $140 the quality is getting better and better I know many folks who do not even bother to grow their own any more. It is not worth their time. The prices the Ontario store charges is much much lower than my guy used to and everyone in the country can now grow their own (not sure about Quebec they have different rules) The world is better because we invested in this company. I have not owned shares here since they fired Bruce but I wish everyone the best here. Your stubborn streak stopped you from benefitting from the rise on the canadian side. That was just the appetizer. US will pop and the first stocks to rise will be the ones on the naz. There is still time to get in and benefit from the industry you helped build. My choices these days are hiti and tilray and the cannabist for a US play not super loyal to any but the first inning is under way. You have been a dedicated defender of the space for years. Why not let get a few shares while we retailers are the only ones who can access them and use the proceeds to support local? I hope you are doing well and I can not apologize for making cannabis available for more people. This stuff will heal the world. I would not touch canopy now tho, sadly I think their best days are behind them.
I really like their position. Wish I had more shares than I do. People dismiss Irwin Simon but I see him playing chess while others play checkers. His purchase of american liquor keeps him legal till the US matures and he is moving Canada to wellbeing via the ability to be “California sober” with a known beverage company. Exciting times ahead.
https://mjbizdaily.com/jones-soda-tilray-partnering-to-bring-mary-jones-cannabis-drinks-to-canada/
Don’t let them go…. They know 6 operations people who will build you plant for free :)
If I was an investor in Constellation brands I would be very upset. 5 billion bought them the option to buy some mediocre American cannabis companies when they had control of a company situated to dominate the global cannabis market. It has been sad to watch. I am grateful for their money tho. It has made my life very smooth.
Good interview around earnings
I prefer they walk before they run. Pleased with the improvements. Get the share price up organically not through consolidation.
https://markets.qtrade.ca/news/story?t=iKXJizM-dSY,RBgdWBB-F545YeUB8Z65joEjuF4_Nb5o&article=4e71cccf72d47418#4e71cccf72d47418
$HITI reports nearly $2 million in sales on 420
https://markets.qtrade.ca/news/story?t=iKXJizM-dSY,RBgdWBB-F545YeUB8ZC9iUT2hgLOWhMl&article=76c3eac5e90a7ffd#76c3eac5e90a7ffd
I agree, from where I am, the USA looks in danger of breaking into a bunch of little countries instead of anything that is “united” that is not having cannabis in the mix at all. I feel there are better opportunities elsewhere. Tilray is exposed to hundreds of millions of potential customers. US companies have only access to 1 state at a time. Who wants to build a seed to sale supply line for 30 million people (or whatever Cali population is) maximum? It is not good business. The more I see the US sabotage itself the more I like non US companies. It is like they are losing on purpose
I agree, from where I am, the USA looks in danger of breaking into a bunch of little countries instead of anything that is “united” that is not having cannabis in the mix at all. I feel there are better opportunities elsewhere. Tilray is exposed to hundreds of millions of potential customers. US companies have only access to 1 state at a time. Who wants to build a seed to sale supply line for 30 million people (or whatever Cali population is) maximum? It is not good business. The more I see the US sabotage itself the more I like non US companies. It is like they are losing on purpose
Anything in the stock market is a gamble. I am grateful to you for keeping the lines of communication open. I am interested in investing in a new way to do things more than I am to make money. Recycling plastic keeps it out of landfills and the oceans. I am good with transitioning to a more diverse energy system
Tilray is a Canadian company and has operations globally. They will benefit (imo) from any forward movement in the US since they are legally listed on US boards. I have not bothered with them till now. I am impressed with what they are doing. They are able to grow and distribute across the whole country so they have better access to population of 32 million than companies in Cali. They are also positioning in the USA because they have liquor distribution and are already branding 420. Their products are effective and have good presence. I am a fan of their vapes and their cbd/cbg capsules keep my fam’s pain at bay
You are always a great source of information awesome. This has been an interesting time for sure
So happy to be funding the enlightenment. Hopefully others will come along too, it is getting lonesome lol!
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!
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
I am in favour of freeing the plant globally. This is what I am doing to help the effort in the US even tho I can not vote there. I share the positive posts by friendly reps. And I share links to TDR’s youtube they talk with Don Murphy regularly and have been focused on cannabis and psychedelics while others are chasing shiny objects. They went to Washington to help with the effort. Donate to cannabis friendly reps is a must. And tell them why. All the good will in the world will not move the needle without funding to spread the message. They interview stars rowing in the same direction. Many ways to help!
Lol, sharing this I have not even watched it yet. Subscribe to their channel and tellem happyglass sent you🤣
I wish I had more to deploy here tbh, I think if the budget includes a shift from $1 per gram to a percentage as recommended this will fly. Many shorts are going to be caught I think. I could be wrong. This market is full of surprises
This guy does a good job covering the space. Many questions about what the deal means
The world is moving on, with or without the USA. They have nobody to blame but themselves. I never in my wildest dreams believed I would see Germany legalize before the US. Most of my cannabis stocks are not american. Better opportunities elsewhere
The abusive and malicious laws were put in place practically over night. They can repealed as quickly. Time to stop the charade and feed the for profit prison system another way. Maybe rapey white men and politicians who are treasonous? Better yet, America needs to stop using slaves. That is what the American prison system is. Legislated slavery. Time to grow up. This whole situation was put in place to be able to abuse hippies and poc. Reverse the shameful choices of the past. Do not double down on them.
Thank you for sharing your conversation and confirming what has been stated here. A brand new industry faces all of the challenges every new project faces. Always costs more than expected and takes longer too. I am patient…. My other holdings are in cannabis🤣 Bets are placed. Living my happy life and waiting for the outcome. I like this group and hope everybody wins!
Don’t you folks have IP that is able to track/manage source material for inputs? So many wonderful advances these days I could be confusing your company with another. I thought you had a computer tracking system that helped you coordinate inputs and choose plant locations so they were nearby. Sorry if that is not the case
That is why the best thing is to legalize it completely and treat it like alcohol. A substance far more harmful than the plant. The ruse is being shown for what it is. American cannabis advocates need to call their senators and congressmen and tell them to stop the nonsense and get with the 21st century. Schedule3 will make it even worse. I am good either way, actually the longer the US takes the more time I have to collect shares.
There may be further opportunities for your tracking system….. would it be able to pivot to batteries? I am all about the reuse part of the program. No pressure! Your hands are full. They just mentioned the challenge of supply….