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It matters 95% of the time. It's shares of the same stock trading in different currencies, with the major volume coming from Australia. Friday the US got a little carried away and will eventually even back out. If not tomorrow, certainly soon.
Well sorta, the US price actually outpaced it Friday. If my math is right 1.79 in Australia is only $1.41 US.
Took 1/15th off the board, way to hang tough D!
STZ quarterly conference call today. Wonder how they will address canopy!
ACNNF on the OTC , Australia it is AC8.
Auscann flying again in Australia today
Haven't had a chance to read it all yet, but with constellation owning 10-20%, one would assume we meet criteria for NYSE.....I think that eventual uplisting is another game changer
Looks down 3.8% there now
Ahhh a prediction....makes sense I'm reading quickly lol.
Agree, on a moral level too I wouldn't want big pharma or big tobacco to own them.
Where is that quote from? Also, the market cap is at 5.5 bil currently (CAD)
Anyone know the size of Auscann facility in Australia? Indoor / outdoor? Room for buildout?
10%, soon to be 20% owners of canopy also closed all-time high
https://techniquant.com/reports/stock-stz-daily-technical-report-for-2017-12-28/
Engage dropping the Warren of Weed knowledge!
I've gone mostly canopy with
Cronos, Aphria & Organigram holdings in Canada. I too have only traded Aurora but not a fan of their drama and not holding them long term. Heard good things about Emerald health but never got in.
However for a 3 year return i like Auscann small market cap in Australia and partner of canopy.
49 products available on tweed mai. Street including Foria...that a record?
https://www.tweedmainstreet.com/collections/available
Aph signs a deal with shoppers drug mart
Aurora & Aphria merger? Don't think Aphria would be interested imo
https://smallcappower.com/analyst-articles/aurora-cannabis-tsx-aphria/
Not talking about personal grow or personal brew. Talking about micro breweries. There is no place for small time weed companies outside of Canada...where they still even need canopy to hold their hand.
Not to mention molsen has new competition open daily with local brews. A lot of barriers to entry in cannabis globally, keeping canopy in the drivers seat for growth.
Rumor has it that it is not actually - according to Tina Frazier
Canada legalizes infused beverages
https://technical420.com/cannabis-article/canada-legalizes-cannabinoid-infused-beverages
I believe in total, 51 were nominated by liberal and 43 nominated by conservatives.
Auscann halted until Thursday pending news regarding their Chilean joint venture. https://www.google.com/amp/www.proactiveinvestors.com.au/companies/amp/news/187539
$430 million looking like a steal relative to others now. Mettrum was top 4 at the time. Now cronos group is $560 mil and they were much smaller 10 months ago....
You mean since canopy is now a weed bank? https://www.newcannabisventures.com/terrascend-secures-52-5mm-investment-from-canopy-growth-canopy-rivers-and-jw-asset-management/
I guess their money is the same - but really don't want this to end up being a win for big tobacco. Would rather see them put out of business!
So illegal, i bet amazon just read through Whole Foods PR's before buying them too. No "insider" info just a hunch lol
Aurora going nuts the last couple days
Lol still trolling? Nobody buys 10-20% of a company for $250-$500 million without getting to see their books
Advertising recommendations from the LP's.
https://www.asicentral.com/news/web-exclusive/november-2017/legal-cannabis-producers-in-canada-propose-advertising-standards/