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Event in Toronto tomorrow, looks like Lift will be giving a pitch among others
http://www.cannabrunch.net
Haha get em!
Yep after the pot stock boom & crash the leaders of this company took their money and disappeared while this thing almost went sub penny after a climb over $2. I rode that wave back then, sad it's still luring people to pump again
TWMJF is the same thing, it's an ADR. Still have voting rights and If canopy were to pay a dividend, we would receive it.
I originally bought Canadian version and scottrade automatically converted my shares to TWMJF when it was made available. Literally it is just away to avoid paying currency exchange fees.
"We feel that we are in a really, really good position for the recreational space. Now it’s just going to boil down to how much more capacity are we going to have to add to be able to be a really big player in that market as well."
Yep....how much more? I would activists a facility addition announced soon.
You think they have something cooking with OGI?
Yeah, I'll be surprised if some consolidation or expansion doesn't take place soon. Need more room to GROW
You should be able to. TWMJF
That's only 25 mil/month revenue. assuming $9 million in revenue this quarter and sustaining a 40% quarterly growth rate....then a $25 milly/month is only 7 quarters away.
Could this really be a 10-bagger from here in under 2 years?
Yes sorry, got a little confused!
Anyone see the task force update? Recommending 25 be the minimum age for recreational marihuana?
Yeah....that will keep the black market alive and well....
Love that you didn't mention anything having to do with:
Germany, Australia, Brazil or any other countries canopy is interested in.
Didn't even have to mention a potential update on edibles, topicals or other forms of consumption not currently legalized that should be updated soon.
Both of these create Additional revenues rarely considered by analysts when discussing canopy.
No mention of adding another greenhouse...Canopy is not at all satisfied with its current capacity, I just don't know if they will elect to grow more in Canada or Germany first!
Too many catalysts looming here it's hard to keep up!!!
Oh the wildcard: Pot Stock Boom 2.0 too! How about everything marijuana PPS being extremely inflated just because of the stateside elections. This is a crazy wildcard! Do yourself a favor and look up the 3 year chart for stocks like
VAP€ and C@NN. These POS companies had absolutely nothing going for them besides being related to pit stocks....but their share price and many others were driven up immensely during the initial pot stock boom just because. With this sort of wildcard a legit company like canopy time around....it could literally get to any number and I wouldn't be shocked.
Looking for a very nice Tuesday. Aurora & Organigram hitting all-time highs today in US. See if we can follow suit here tomorrow!
Not sure how accurate scottrade is but looks like not much volume. And it shows current price of $4.15 but bid/ask have been sitting at $4.02/$4.03 all morning
Anybody paying attention to TWMJF today? Didn't think it would trade at all, not sure why it did.
Yes a nice long 3 day weekend, I think most of us need the rest after this week!
Canopy catching mainstream here is the motley fool calling for double digits in 2017
http://www.fool.ca/2016/10/07/canopy-growth-corp-can-snoop-dogg-take-it-to-new-highs/
Had to buy in flight wifi just to watch. Very entertaining!
Gwp* market cap is 3.5 billion USD. They are rumored for a buyout which could bring their cap to 5 billion. This is huge as all marijuana stocks will be fall in line after them, creating more upside.
Obviously they are pharma and it's not apply to apples, but but canopy is the 2nd largest player in marijuana space. we have an international foot print on 4 continents & have recreational around the corner. Not to mention the potential for medical in The U.S. Within 1-2 years once 50% of the states are on board....which should happen in November. It is reasonable that canopy could have anywhere from a 1-2 billion market cap by spring time IMO. All aboard!
We are getting noticed...Cgc trending on stocktwits, where most people there are talking big boy US stocks. It's gaining a lot of interest and more awareness and we are just getting started.
Gwp*going higher premarket. The larger its market cap the more room we have to run
This was one of many days like that over the next month, IMO. A day traders dream.....low of day & high of day with that big of a gal holy hell. For me I just have to ignore those crazy rides. When I hold for this long, trying to time a big move do make some free shares is riskier to me!
Aurora held up, but down 20% from its HOD
Been a while since I was in a stock that made me want to get my popcorn ready for power hour end of day
Stick to the pinks then, that's where the big money is
I think there are a ton of retail investors flocking back to pot stocks at the moment should be a good ride the question is does it last for 30 days, 90 days, etc. I think at least through the Cali & other states elections before there is less buying pressure. I know that we don't see much immediate impact from the states that legalize, but the impact it has on the sector certainly enhances our awareness to new investors
Looking forward to the ticker change too. Should be good for newbs
Wow I guess we have a new ceiling to bust through. $4.42 US so I believe $5.84 Canadian?
Fo Shizzle
Seriously - Aurora, Supreme, mettrum, pharmacan all look like the will blast no reason we shouldn't do the same
The only thing I'm really surprised about is that it's taken this long for the stock & the sector to heat up again. A lot more investors are more educated in the space this time around so hopefully that plays out well for the real companies
Pot stock boom 2.0
Gotcha! Well it's a good time to have a small part of it
Thanks! May need to start calling this COMASA and add aurora. Appreciate you doing that though
So this usually about the point during the run up when we PR a bought deal and eventually slide back 5-10%. Hopefully that's not the case!
Yeah my dog really wants to go for a walk, I'm glued though. $17 coming? Haha
Not sure if anyone posted this but here is canopy annual meeting with shareholders
https://cdn.shopify.com/s/files/1/0994/1238/files/160915_2016_Canopy_Growth_Corporation_AGM_Presentation_FINAL.pdf?3923008218010883461