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Happy to hear! :)
Thanks for this. This just made my Monday much better!
It will be pretty cool to see Canopy products (including edibles) hit the US market for a test run before even hitting the Canadian market in December.
Word on the street is Canopy currently has around 35% of the rec market.
Looks like Canadians will be getting an update on legalization, namely, re: edibles, tomorrow. Exciting! Drinking a beer because I can't yet but Tweed and Tonics. ;)
Here comes Cannabis 2.0: @GovCanHealth officials will provide an update on the legalization and regulation of #cannabis tomorrow: https://t.co/0o5ZoxauV1
— Deepak Anand (@_deepakanand) June 13, 2019
Thanks for the DD Sailor. Keep your ear to the ground. I recall political legislation and legal court rulings dictating the future of cannabis in Canada and consequentially Canopy's future. Not the sexiest DD but crucially important. Way more important than the daily pps fluctuations. Keep it up.
Great post.
Haha!
He doesn't give up. Almost time to call his parents. ;)
Hey Happy and Wo! I'm still here too. I tend to forget about this one. Hoping one day it surprises me again like it did on IPO day. :)
Bring on the Tweed & Tonics!
I'm going to predict that the gap does not close gradually on Acreage. I think it is going to be quick and may even happen before the vote.
I use a Pax myself. But we didn't just partner with the best of the bunch, instead, we bought them out. (i.e. Storz & Bickel Company)
Based on Live Twitter feeds:
If you aren’t at @liftandco in Toronto and want to know what’s happening, you can’t find a better follow that’s @JungleStrikeGuy - the live tweeting has been unreal. Thanks, man! https://t.co/6HhqPshObK
— Kirk Tousaw (@KirkTousaw) June 6, 2019
Interesting stat from Cannabis Conference in Toronto...32% of rec sales in Canada go to Canopy.
Can't wait until we can replace the word Canada with the World.
Echo!!!! Anybody still here?
Good for you Happy. Those surreal moments happen to me too. Last week I checked-out the Tweed store in London and this past weekend I visited every legal dispensary in Toronto before the Raptors game. A little boots on the ground DD for our not so little investment. Obviously bought some product too.
Surreal to see it all come to fruition. Also very cool to be able to ask legitimate questions about cannabis products and get legitimate answers.
For those wondering... Tweed and Tokyo Smoke were my favourite of the bunch. All the "budtenders" at all the places seemed to like their jobs and were knowledge about all the products with the exception of the Hunny Pot. It appeared their staff simply sat through a short training session about Indica and Sativa as they seemed to have trouble recommending products for me.
Dbrown & Engage...Ihub Message Board OGs who have become the new world's cannabis activists. ;) Nice.
Wrong. I invested in 2014 when Harper was P.M. and leading in all the polls. If only I had done some research and analysis and told other people about this opportunity. Oh wait! I did. Unlike you I put it in writing and tried to help anybody who would listen.
http://dividendmonsters.simpl.com/update.html
What do you know? All of those educated calculations came true and oddly I keep making money for myself, my family, my friends, and anyone else who has the vision. I don't wait until the pps trend is going up or down or the run has already happened before saying "I told you so!".
If some of us longs had only had the testicular fortitude.
Peace.
#winningsince2014
...Says the self-professed charting genius who has watched literally dozens of well informed posters become millionaires while putting those same people down for not taking his charts seriously.
Welcome to the club Querty! If it all works out we can expand the airport on the private iHub Island. If the price keeps falling we'll order more sand bags ;)
Cannabis translates to Cannabis in French too. The dominoes keep falling. Spectrum Francais?
https://www.france24.com/en/20190602-france-launch-medical-cannabis-experiment-authier?ref=tw
Another great Bruce interview. (Fox)
Exactly my feelings.
Agree. I might be even more excited to replace beer and wine with Tweed and Tonics than to watch this investment continue to grow. An uplifting zero calorie beverage that makes you happy instead of depressed - cannot wait! He has been taking about this (and working on this) since almost the beginning. I think people expecting a fruity soda with cannabis oil sprayed in it are not picturing the right future after October. With the research, testing, quality, marketing and science in the beverages to come, I expect a mind boggling beverage. In fact, a poor beverage product and release would be one of very few scenario that might cause me to reconsider this investment.
Another incredible video with Bruce from today:
https://business.financialpost.com/cannabis/if-you-want-a-dividend-buy-a-bank-canopy-growth-ceo-on-the-companys-global-ambitions
Full interview from CNBC Mad Money
https://finance.yahoo.com/video/canopy-expects-see-next-cannabis-230404867.html
Thanks again!
Hahaha! Yes, for sure. That was risky!
Thanks green!
Agree. I literally kept two shares - one in my daughter's and one in my son's account for the same reason.
I'm also in the same boat. 1/2 million in Acreage. Not much of a gamble if you ask me. In fact, I'd argue it is safer to own than Canopy at this point. Even if the price of Canopy was to go down in June, the price of Acreage "should" still go up until it is trading at approximately 0.58 ratio to Tweed. If Canopy goes up, then Acreage will rise even more. Almost all of my money is in Constellation, Rivers, and Acreage now. My strong belief is that the Acreage shares will turn back into Canopy shares very soon and when they do I will be even happier. :) GL
What did I miss Dbrown?
Thanks my friend.
I know that I am unable to take advantage of the lending program because I am Canadian with all my investments in registered accounts and it would require switching brokerages and tag implications etc etc etc etc but you'd better believe I would be taking advantage of it otherwise and would likely have no dividend investments.
You know that saying "If it sounds too good to be true..."? I've learned to never teach that expression to my children because some people have never been able to get past it. Instead teach your children/friends/family/students/etc. not to be ignorant and to do their own research and never doubt themselves. C'mon Trend... not everything is some conspiracy.
Welcome to the club.
I heard that strain is nuclear!
Fair enough. But if the USA has not legalized or at least setup a system that makes it federally ok for States to make cannabis decisions within the next seven years, I fear them and perhaps the Vatican will be the only two remaining places on Earth that hasn't introduced at least some sort of legislation.
Thanks Sailor! Although I truly don't feel there is any real risk here and I still consider myself a somewhat conservative investor - seriously! I have been begging for anyone ("professionals", posters, investors, and even "trolls") to provide me 1 legitimate reason against doing so and I am still waiting. I have been telling anyone who will listen that this is easy money - at least 40% roi in the next couple months imo.