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So. Residents will just have to drive to tweed stores. What’s your point? Those residents who consume will still be consuming canopy product well into the future.
Another lending rate bump from 3.875 to 4.125% seems to be climbing every few days. :) this is better than getting dividends, it comes monthly!
Good idea before death spiral.
Cramer still says best way to play cannabis is CANOPY :)
https://www.cnbc.com/video/2018/12/11/canopy-growth-best-way-to-play-canadian-cannabis.html
What? Bruce is steering the ship to our tropical island! We are headed out to sea to chart the waters of the blossoming MJ industry as the obvious leader. On our way to US $67.
He is a great skipper!
Fidelity
another lending rate bump now sits at 3.875 up from 3.50 on Friday. Getting a bit more pricy on the shorts. keep the rent coming please :)
Another fidelity bump on lending rate now 3.50% steadily climbing at rate of .1250 every week lately. I can see it climbing to the 6% range. Keep paying the rent shorts :)
prolly with just the interest earned from the 5 billion sitting in the coffers we were able to pick up that company on the cheap :)
us market was closed yesterday prices are just matching up after a big down day yesterday.
This guy is not going to leave Aphria alone until it hits his target price of Zero. How does a company steer clear of this? I dunno but all I see is a long road ahead at the worst time possible with the industry just starting. As a long in Canopy I am praying for you Aphria shareholders. I hope the company can come out strong and explain all these transactions. I can only hope Canopy does not have these types of transactions on their books or any other Lp for that matter.
1st law firm to announce class action.
According to the lawsuit, throughout the Class Period Defendants made false and/or misleading statements and/or failed to disclose that: (1) the Latin American assets acquired by the Company lacked adequate licenses to operate and were overvalued; (2) the acquisition of the Latin American assets would enrich the Company's CEO and other insiders at the expense of shareholders; and (3) as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects, were materially misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages
has the 2nd hit piece come out yet?
Plus its a good eye wink to the Germans that we are coming :)
im going to be a day late and a dollar short on accumulating :( no funds until tomorrow.
In laymen’s terms can somebody explain the news today about the convertible notes that expired recently. Good bad or indifferent?
Snowball effect I hope nobody was on margin.
Weed way oversold today. At this point all of constellation brands gain is gone and canopy has 4 billion in the coffers. Tremendous opportunity.
yes that is what the appearance should be. As in their most recent acquisitions. Tomorrow lets see what more comes out from the short thesis as they are purporting more damaging information. I agree that Aphria is doing great in Canada, the products are being sold and stocked in the shops. they will report more revenues than any other quarter come February but so will all the other Lp's as well. It is these international transactions and the amount of money shelled out for near worthless real estate is the issue and this Andy Defransessco character all in the middle of it hashtag#greedisgood is the scary part of it all.
I agree but I wasn't misled I am well educated. What they paid is the big red flag. Andy defrensesco another big red flag.
again I have no skin in the game I am a Long in Canopy but have been an investor in the industry since 2014 and have watched all these companies form and now I am drawn to this story. The problem here is that these are not Lies or "powerful lies" these are facts that can be found on the transactional documents that have not been refuted by the company. why would anyone spend money on those properties that are not even suitable for a homeless shelter?
If they did their due diligence then I question how could these transactions even of ever taken place. Who is the third party? This smells like FITX and "farts in the wind" Mr Bill Chabaan(sp.)
why was that building even included? appears extremely residential and dilapidated. Still no word on company or disputes any of the properties that were in the report. They need to get rid of that Andy Defrancesco guy he is no good for this company.
The third parties need to be investigated if they deemed those properties worth what they paid. I have no skin in the game and just following the developments. Those pictures are damning and there is no way on gods earth that those properties are worth a fraction what was paid. The main building wasn’t even suitable as a homeless shelter. I would be also investigating any third parties that had anything to do with coming up or agreeing to fair value.
Still hiding the fact of the pictures and videos? They have not addressed that. All that money for worthless building, no herb office, fake directors,. At the very least they should terminate any relationship with the main culprit Andy Defransesco. The guy looks like a fraud. Very bad image. If I was Aphria I would clean up my image and distance itself from that individual.
Is apha in a skull & cross bones buyer beware phase?
The plot thickens.
Bakerstreet number one in all of Canada! Case closed. Only from Tweed :)
Yes, therefore the begining. Been through these before. Next phase is multiple law firms this is just the first one searching for lead plaintiffs.
And canopy is prolly the most transparent of them all.
News. The beginning of the class action lawsuits.
https://ih.advfn.com/p.php?pid=nmona&article=78811081
Canopy, Rivers, Terrasend, Auscann. Just about anything canopy is involved with I feel has been vetted.
Guilt buying? Or trying to mask bad news? Or maybe a fantastic opportunity?
Within a day or two the class action lawsuits will start hitting news wire. hope this is not true but that on the ground investigation was pretty convincing to me. I never owned aphria but I liked them at least the false narrative they presented. Good luck here hope all turns out ok. I don’t like the potential scar this will leave on the industry.
I don’t think Aphria is going to make it out of this most recent news is my gut feeling.
Welcome aboard :)
This does not look good at all for aphria. I read the research and it looks legit. this is a buyer beware scenario with skull and cross bones. if this is all true its a shame and folks should be held accountable.
Pre market looking strong well above 33.50. Good luck with your purchase and it’s a wonderful gift to your grandchildren if that is your intent.