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https://www.bloomberg.com/news/articles/2018-08-24/diageo-in-talks-with-three-canadian-weed-producers-bnn-says
Diageo wants in the game and they've got biggggggg $$$$$$$. Doubt it'll be Aurora because apparently issuing new equity would mean thinning them out more. My guess is Aphria is a viable target.
I sold more today. Still a decent position but I’ve captured quite a bit of profit on these ATHs. Hearing of a hard correction from one camp of investors and others saying it’s going to keep going.
Personally I think the rocket is losing fuel and a correction to 47-50 is likely soon. Maybe EOW. Just guessing from my gut.
Lolol
Haha. I haven’t smiled as much as I have today in 1.5 years. It’s been a personal struggle the past little while for me (failed relationship, growing business, complicated friendships...) but it’s comforting knowing that at least my money and investment is secure and continuously paying off.
Any of the longs who’ve secured themselves in WEED, I’m sure, feel the same way about how this company has continuously shown us the growth and results we’ve anticipated.
It’s honestly a bit redundant hearing people on this forum gush continuously, but the truth is, undeniably that Canopy is the real deal. If you were convinced of that in the early days, likely you’re going to retire well. Being 32 I’m quite well set for a comfortable future. I hope others who were in bigger than I was on this forum will say the same.
It’s very few and wide that you hear real investors benefiting from a tangible investment. Canopy has delivered this feeling to us. Hence the fandom, deserved hype and exaltations.
Ah. Gotcha
Same here. However I doubt it’ll go that low. Projections I’m hearing from multiple sources is $40-45 bottoming. It’s going to continue to hover around the Constellation investment mark. Their injection has brought new definition and confirmation of the potential and the market will likely abide by this.
Not my opinion, just passing along sentiments from other non InvestorHub groups I’m connected with
I smiled while reading this. Good for you brother
I’ve only ever traded via tfsa and no one has or will come
Hahaha
Sold 250 at $52!!!!!
Just a bit off the tip lol hahahaha
Going to take some profit as it approaches ATH. I think a correction end of week or early next is highly possible. I’ll then consider a buy price. Take a couple g’s off the top.
Got milk the cow every now and then. Lol
I’m honestly without words. This is...just...beautiful. *sniffles* *tear drop* our baby is growing up.
Lol
Wow. It’s already at $47 this morning!!!
Once we hit the high I’m hearing a stabilization at 37. Can you confirm?
The asks are $41 right now. I’m going to be smiling day haha
Thanks
Not sure. Someone want to clarify?
8.5% x (1042 shares x $33.85) = ~$3k/month
$3k! Wow. How many shares do you have? Lol
Oh Jody. Such a queen of the drama
Excellent. Seems like a treasure trove. You’re a mensch for sharing. Thanks
You’re a gentleman and a scholar. Thanks!
Does anyone have a handy list of provinces allowing private retail?
Not just that but with Tokyo Smoke under their belt, Toronto’s going to get some sweet Canopy retail presence
Yup. I hear ya.
Shit your fast. I just heard this through the grape vine and you had it posted 2 hours ago.
Breaking: Ontario to make announcement on Tuesday 31 July 2018: Private #Cannabis Retail outlets coming across Ontario
— Deepak Anand (@_deepakanand) July 26, 2018
OCS to be Buyer and Wholesaler for the Province. https://t.co/DE7Ze6Khhs
Woah! That’s an incredible prospect for our investment. I’m glad Canopy focused as much in Europe.
True but it’s foreboding. OCS is already late and they’ll rush to market without a proper and qualified plan.
https://globalnews.ca/news/4338907/ontario-cannabis-store/
I have to agree. T-minus 90 days and it seems like the OCS is in woefully underprepared. I don’t know how they’re going to be ready in time -- this is turning out to be a disaster for consumers in Ontario.
Hopefully we hear some positive news soon or this will be a big missed opportunity :-/
I highly doubt it’ll go too far below $30. The downwards pressure on the averages don’t aren’t strong enough. However come Monday met bet is a $30 levelling and a bounce.
I was hoping for closer to $30 but given the charts I doubt it’ll dip that low now. The average seems to be stabilizing, especially given that today didn’t drop lower than I needed to feel like it was bottoming further.
I think $32 will be a solid buy-in, then it’ll hold for around that target before a steady rebound. But who the hell knows haha
That’s what I read. The average seems to be plateauing for the time being, but might recover quickly in a week or two-three but never more than that. That seems to be the average spread between bounced?
The slope on that line keeps decreasing to a factor less and less. So this to me shows a slowing in crests/troughs and a stabilization in value. If anything I read your Blue Line progression as an averaging of $36-40 per share in long term value.
I hope that’s not the case or I’m totally reading this wrong.
My bad the article states “in addition to the $1 a gram”. But even 0.12. Shit
https://www.canada.ca/en/health-canada/news/2018/07/health-canada-launches-public-consultations-on-proposed-approach-to-cost-recovery-for-the-regulation-of-cannabis.html
Are you kidding me? That’s an extra $1/gram. Does this happen in other regulated sectors?
Oh one of the billboards says “Can I sample before I buy, like a gelato?” Lol
Nice! So Ottawa sited. How about Vancouver, Montreal, Calgary, Edmonton? Anyone in those locations see anything?
Just curious how targeted they are or they’re national.