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can we see the slick blue line with the cloud of gloom, maybe with some clonks?
impossible to post a profit? Are you aware of how they account for cannabis that is growing in the summer time?
They can ramp hard, but eventually it will be impossible to not make a profit
So would that compound, can you use the proceeds to buy more shares that you can make available to short?
that is so nice, I hope the people paying you this interest lose their money and eventually cover their bets at dirty prices...
The nicest and best thing about Canopy Growth Corp, it doesn't owe much money, zero chance of a bankruptcy of anything like that.....just got a nice taste of debt financing...
I don't know, I love this stock, hope the shorts pay you proper
Bedrocan....not welcome in Canada, sold out right before the world decided to dump billions on the industry, thanks Bedrocan
The financial information for Oct, Nov and Dec will be released mid November.
It really is the perfect morning drink, a Canadian coffee.
No awesome, I was not kidding. I take this all very seriously and I think a consensus has formed here and we are going with the term 'legalization' to describe the legal changes happening on Oct 17th. I will agree it will be regulated and restricted with prohibitions and laws and stuff, it's for the kids dude.
Honestly if you don't like the new rules it makes me feel like you want organized crime to get kids high for gun money. Is that what you want?
Dude, we are legalizing cannabis FOR the kids....Justin Trudeau has made the logic abundantly clear, you protect kids from cannabis by making sure the adults smoke it all.
Now obviously, when smoking joints and vaping herbs becomes legal, the kids will move to something that is still illegal - like THC and terpene infused organic juices...
So, to protect the kids they are going to make that legal too, eventually there won't be any way for kids to get high, because the adults will be doing everything legally.
It all makes perfect sense, for the kids
Dude, we are legalizing cannabis FOR the kids....Justin Trudeau has made the logic abundantly clear, you protect kids from cannabis by making sure the adults smoke it all.
Now obviously, when smoking joints and vaping herbs becomes legal, the kids will move to something that is still illegal - like THC and terpene infused organic juices...
So, to protect the kids they are going to make that legal too, eventually there won't be any way for kids to get high, because the adults will be doing everything legally.
It all makes perfect sense, for the kids
I want to know how to keep my wife or my mom from drinking alcohol, cannabis does not help
I think Canadian coffee will be a bigger drink than an Irish coffee in Canada by November
Should make a deal with Starbucks, best is to put oil in those mocha drinks they sell at gas stations
Holy damn, they are already ready for another level.
That stuff looks so damn tasty and delicious and i can imagine getting very stoned drinking tasty beverages
It's the future, we are looking at the future
I did okay with Tesla...most of it was in at $282 and out at $316
I am not a millionaire, far from it....I started in the red, sold a lot on the way up to pay bills and buy stuff my family needs
Only been doing this 3 and a half years though, give me time
Killing it! I recently went back all in as well, enjoy the run uo
What do you think about the trading patterns of the last five trading days? I, for one, like the way it looks....$600 million in recent convertible notes with above $40 strike points....finally Bruce got an obviously great financing deal done....last two rounds, sold both equity and debt at higher prices than right now...
To me, this looks like professionals with money are setting up a new floor, no where to go but up, only a question of time at this point, IMO
I know right?
I can't believe the trading lately, lots of consolidation, this is definitely a good position right now, it is sunny Canada - the greenhouses are at max production, WEED is firing on all cylinders.....83 days until legalization - price is extremely attractive compared to owning it maybe a month or more back...
good stock to own right now, you will see
it all comes down to market share - capturing it all through vertical integration, supply agreements, massive investments in production - now all being leveraged with low cost debt financing
WEED will be nation wide from day 1, revenue will explode, the debt will convert and bigger, better deals will follow as other countries follow canada towards responsible legalization
I love how this is trading here towards the low end of $30s CAD....setting up for another run like this does....
I didn't vote because it doesn't matter, there is no one opposed to management
i would recommend anyone that is in Canada, does not want to wait and doesn't mind mildly illegal activity to try ganjaexpress.ca - it works
of course that will all change in October, believe that.....we are talking about an 11 digit industry here, measured in the tens of billions of Canadian dollars.....the police are going to get some sweet over time dismantling the current industry, we can be sure they are working on it as we speak
I think your mistake is believing that growing cannabis and investing in a cannabis corporation are mutually exclusive.....
you could have made hundreds of thousands of dollars like everyone else here, while still growing your own supply....
your mistake is letting your personal political and economic theory get in the way of a once in a lifetime opportunity, IMO
I went into Tweed believing it was a scam designed to pull money out of my pocket for the rest of my life, something I was adamantly opposed to - if it were truly up to me the cannabis industry would be truly free, and still Tweed would dominate so who cares....
I was pissed at the government and their 13 original licenses, I saw it for what it was and took advantage
currently right now I do not have any buds on me, I would have to drive over to my wifes place (my house) to grab it, but she is coming over to my place tonight anyways....
I like to take some breaks every now and then, because eventually I get to the point of smoking two joints when I wake up just to maintain
I used to grow, I am ridiculously lazy though, literally going down to my basement to water the plants was too much, i am a procrastinator....
anyways, Tweed makes better weed than me, and it is easier to put in an order to buy stock than it is to grow buds, IMO - but good luck to you and your supply my friend
well if you take into account the lose I would have taken holding TSLA today, the difference is significantly over 5 figures
or another way of looking at it, while WEED went from $32.50 to $32.50 from mid may to mid July I made 5 figures, now it is all on WEED again, I like it a lot!
i just imagine some retired FBI clown reading about how "F the Police" Dr Dre became a billionaire with Beats....meanwhile we got DT running the country, never in my wildest dreams would I have imagined it coming out this way, me with 6 figures in the bank I use like a video game
beautiful
bought the Chronic when I was 12 years old.....best album of the decade- a decade filled with great albums
i was a 90's teenager, but look at Dre and Snoop, 1992 - The Chronic - now they are billionaires......its ridiculous
ICE is gay, this is the 21st century dude, look for something with a T on the hood
when i was 15, i had this fantasy that I would have a bag of weed that never emptied....like an ounce that you take an eighth out of it, and it magically became an ounce again
now I am truly living the dream, thanks Bruce
i got no system, I just read everything I can on the corporations that interest me and go with the flow.....
now when it comes to the legalization of cannabis in Canada - we all got $5 on it!
You know, I remember people saying when this got over $5 it would go up fast and I didn't think that made any sense.....
So I am going to just assume the split thing might be good, but really I am here for the fat market share weed is going to capture....
Hopefully we will see examples of other brands selling out, empty shelves topped by Tweed products, that is what I want to see
If you make enough trades, eventually you get a beauty
I credit the Elon Musk, at the beginning of the trade he was talking about short squeeze, towards the end he was calling some dude in Thailand a pedo...
Too easy
Fack I love weed, and now is the time, the weed available on Oct 17th has already been harvested - that's the critical fact everyone needs to understand
Again, thanks for the supply DD spreadsheet someone put up, consider it wisely all, market share is every thing, availability is critical to market share. Weed will be available nation wide in quantity, they will gain the best market position from the start and it will remain a competitive advantage forever - see coca cola, peace
You gawdamn right it's a good morning!!! A couple days after I dump TSLA it drops fast, meanwhile my weed beauty is looking up!
Fack I love this, days like today I do think even need weed to get off, it's like the market gets me high
Agreed. Weed started the year at 30.69....went as low as low 20s at least twice, went up over $40 twice....
But throughout that time, the company has done nothing but expand and execute.....they are currently producing more cannabis than any other organization on the planet ever...
They have the product and capacity and the contracts to capture a significant fraction of total market share going forward and the competition has zero room to make that up.
The weed that will be available on October 17th is already harvested....that is a critical fact in understanding what will happen here over the next 8 months or so.....we'll know how it all went by February
Looks that way, also I just want to put out that I dodged a bullet by selling TSLA when I did to get back into my WEED...
Weed is my first love, it is just not that new $2 a share love we once had
couple years back during a conference call this ihub board was mentioned specifically by Bruce Linton - something about how we were tracking order numbers....
this was way back in the $2 or $3 dollar days
what do people here think about the idea of selling WEED to buy HIKU, there seems to exist about a 2.5% spread between the price of WEED and the price of HIKU considering the price offered to buy them out at .046 WEED shares per HIKU share.
2.5% is a decent spread - so if you had 1000 shares of WEED, you could conceivably end up with 1025 shares if you were to attempt this trade...even if you lose some of that spread to commissions and price movement during execution, you should still end up with at least 20 extra shares....
i guess the risk is, you do the trade and the deal does not go through, WEED outperforms HIKU during this time.....so in that scenario the trade would be a loss compared to holding WEED.....
If you can bring or buy Tweed cannabis oil, then you put some oil in a coffee and that makes a special treat
that is a very good example of why me and my money came back to CGC, production capacity and inventory...
very good dd you have done here.....comparative analysis at its finest
i would like to add that market share is a number one predictor for the overall long term profitability of a corporation and this is a concept that CGC management is most definitely aware of - i will post (a link to) an article that CGC put into a management circular a few years back
https://hbr.org/1975/01/market-share-a-key-to-profitability
this link was included in a CGC information thing they put out a while back - and I just want to put it out as a reminder - of CGC business philosophy.
He who owns the supply, owns the market - peace
May 16, 2018 Buy TSLA 192 282.3975 -54,230.27 USD
May 16, 2018 Sell WEED -2,146 32.5381 69,816.97 CAD
Jul 20, 2018 Sell TSLA -192 316.5323 60,763.45 USD
Jul 20, 2018 Buy WEED 2,475 32.497 -80,439.95 CAD
these are kind of matching trades to what I did back in mid may....Essentially between those two times WEED went no where and Tesla went up about 12% or something....
so when the price went down to $32.50 today I felt it was good to get back to where I started from, just with some more shares
I think during this time the USD dollar also did better than Canada dollar, I did other trades too, not quite sure why I was able to buy 320 more shares ....
Look at where it has already gone twice this year above $40 cad, today is a beautiful gift, I will take it