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Guess someone knows something we don’t
It should be received as positive since constellation brands wants to have 20% instead of just 10%. Shows confidence in the sector.
Since they are canopy’s partner they won’t be dumping their shares. If we had raised money somewhere else they prob would be dumping some on Monday.
Daddy Cann
https://vimeo.com/259829336
Ya but you have to put it into to perspective.
Using 1/3 current licensed capacity = 1/35 market cap
Pretend we had full capacity 1 year earlier.
3/3 current licensed capacity = 1/12 market cap
Not too bad for an extremely high growth industry.
Bruce Linton said during an interview that constellation brands has sent a team to canada to work with canopy growth on ingestibles. He also that he has a weekly call with the higher-ups to discuss their plans and progress.
This is a huge headstart. The competitors are going to be competing against the world leader in cannabis and a world leader in alcohol with 40b market cap.
Right now up to this point we just tripled our capacity.
Our total vault prob has 200-400m ready for rec. That was was with 1/3 of our current capacity.
How does that sound bad to you?
Lol did he really contact the DEA lol...
Reminds me of charlie from Its Always Sunny....
1. Your talking peanuts to constellation brands.
2 They benefit from canopy growth growing.
3. Canopy Growth needs cash to fund the operations.
Why would constellation brands not help their partner raise cash?
If you believe that the cannabis industry is going to be bigger than alcohol why would you not give them peanuts to get a first mover advantage in a new hot emerging sector?
Ya I dont like it either. Disappointed that they would do this to the shareholders that gave them the $ to build this company. In the bigger picture it wasnt that bad. Maybe now with the NYSE listing they will act more mature because of the big $ watching.
Based on ur TA what do you think the high will be after it gets listed?
$40?
Ya the shares are getting expensive now but the future potential is still pretty huge. I personally don't see any other better longterm bets. Unfortunately Big Tech dominates the world making it hard to find gems that will give u monster gains. This is like one of the only industries that big tech cant quickly jump in and dominate.
What price are you waiting for? You did have your chance to buy in the low 20s. Luckily I had some $ at that time and was able to average up a little.
Remeber canopy is in 7 other countries right now ready to pounce when the governments open it up.
This is such an important time right now because supply deals will be locked up and other smaller companies will be forced to sell to the big boys. Not to mention the connections with greasy politicians that now will make sure canopy gets the best deals and tax breaks.
Don't forget about medical. It has the potential to be a bigger market than rec once they start getting fda approved drugs and patened delivery methods. Health Insurance companies are going to love us. Pharma not so much lol...
Mark my words if everything continues to go as planned this is going to be one of the top growth stocks of the decade.
Have you entered a position yet?
Its so sad that you don't understand how the world works....
BRIBE MONEY
anyone have an account at cibc? I want to see that Cannabis report
https://researchcentral.cibcwm.com/login/login.fcc?TYPE=33554433&REALMOID=06-2b4245a5-70bc-4a5a-a6b0-17b90af81aed&GUID=&SMAUTHREASON=0&METHOD=GET&SMAGENTNAME=-SM-SnbbsDFvcq%2bnU5K5X4IYhsSdKOdiWG039EJprKcOBhRS%2bwwVhTuVjTssiqlyJ1qp&TARGET=-SM-https%3a%2f%2fresearchcentral%2ecibcwm%2ecom%2fequitiesweb%2f
Nowwhat can you please give us an updated chart.
Of course I will never invest in a company based on TA but I do admit that it can be useful to use when you want to add positions. I think it would be better to look at what most day traders are using instead of blindly choosing a day to invest.
Nowhat what happened to your beautiful charts?
Did bruce ever give reason for creating a JV with the tomato guys?(edited)
instead of buying it out right 100%
Your charts are fun to see what the possible short term plays could be.
You said before that you looked at tweed back in the day but passed...
Researching the cannabis industry lead me to invest only in one cannabis company for 4 years.
Constellation Brands relationship is being extremely undervalued right now. We have a top 500 fortune company working with us every week. They have the decades of experience and data showing the best way to market certain demographics. Its all about branding and they are kings at it. Look at what bruce has been able to do all by himself. Imagine what he can do now with these resources.
Looking forward to seeing the updated TA chart. What do you think is the reason for this pop?
Pretty sure canopy is working with agribio in Australia
Are u fighting big beer for the craft brewer? I wonder how long they have fought to win. Inbev has 30% of the worlds alcohol market. They would have more if it wasnt for anti trust laws that prevent them from getting bigger.
Do you ever feel sad that you missed out in the beginning because you failed to do the research?
Do you have any opinion on the growth rate that canopy will see as the global cannabis leader?
How do your charts factor in the monster spikes in revenue that will occur when countries legalize medical and rec?
Just Canada will bring our revenue up 1000%.
After Canada we will see 50-400% revenue spikes depending on the country.
Growth rate is what 10-20% a year in the rec states?
P.S. add memes to your charts to make it funny. Stuff like adding a picture of Bruce crying or BMO clients crying.
Do you have any thoughts on the fundamentals or do you only stick to the charts?
I wonder what you would have done if you were following amazon back in the day. Would you have created charts for a decade or would have have looked at the fundamentals and invested early?
P.S. jazz up your charts. Make them more entertaining. Its boring seeing the same old chart every day.
We will see massive spikes in revenue when countires legalize medical and rec. You have to figure out how much of those gains should the sp reflect now. Should we take 30%,50%, or 60%+ of next year gains?
I think is reasonable to end this year at around 35 which would give us enough room to have a steady climb next year to 45+.
U.S. Prediction: I do not see trump legalizing medical marijuana in his first term. The only thing I think he will do is just allow the states to continue doing what they are doing without any fear from the feds. At most he will do is allow for a medical research program. Which would not be great for canopy growth but still woudlnt allow for massive capital from investors or it woudlnt allow from aggressive international expansion. Either scenario is a plus for canopy because it moves the legalization closer which should transfer to our share price. This just got a little more exciting if you can believe that.... GLTA (tweed ipo investor =) )
Now analysts have to factor in the United States getting legalized sooner than they think. Maybe we can see rec legalized in the next 3-5 years. Which would be a perfect scenario for canopy growth. Just enough time to grow into a monster international. Don't think anyone expected the Republicans to come out this earlier in favor of loosening MJ laws. @Nowwhat your charts cant help you with this unfortunately but when the spikes occur you can go crazy drawing lines.
maybe around 2b which could mean 400m a year for canopy
320mil 2018, 1.4bil 2019, 2bil 2020. Any guesses on the market cap?
What do u think the bottom will be?
Dbrown what do you think the mrk cap should be when canopy growth reaches 1b revenue after 1 year of rec? Im thinking 35-37 than we have steady climb to 100+ over the next 5 years. With some spikes along the way to keep ppl like nowwhat happy with drawing lines.
Genius why would you use their past revenue when you know they have been aggressively expanding for rec. Everything they have done is for this moment. We will go from 80m to 800m! Canada is just the beginning. What about the disruptive products that constellation brands and canopy growth are working on? Can you make those products in ur moldy garage?
Remeber the best times to accumulate are on downtrends. 4->2 and 13 ->6
I wonder how many top brands canopy will have snagged before the U.S. legalizes mj. Im hoping we got jungle boys with that secret 5m for "know how" intellectual property. Imagine DNA,Leafs by Snoop, and Jungle Boys . Add constellation brands secret marketing geniuses and a king will be born.
Curious what kind of charts did u make when weed was at 4$?
You must be rolling in millions of dollars since your a master charter.... I like that you never mention any $ being made with ur amazing calls. Are you too scared to put ur money where ur mouth is? FYI Im still super green with my 4$ shares
mhmm what other industry will show 20-200m a quarter in 1 year.... Accumulate the next king before its too late
Bruce keeps mentioning sleep aid in his interviews. They have filed 27 provisional patents. Nothing official so I'm assuming they want to keep it on the down low or it takes a long time to progress
I don't think the voting was done accurately. If you look at the recent reviews on lift they are mostly canopy growth brands... Broken coast does well too. I never see medreleaf reviews.... and aurora reviews are slowing down a lot.
So based on the lift reviews canopy growth brands are the most popular and yet they didn't win any #1 awards...? Doesn't add up
Nope they lost in the united states. Canopy Growth played it smart and was blessed by Constellations Brands. Now we have a better foot hold than anyone else without even entering the United States....
They could vary the thc percentage. Maybe have a thc-lite/Corona beer that has just enough thc to give you a slightly different buzz.