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sugartits!
oh my.... is this what cgc has become?
a PORTAL FOR BEER MONEY!
just kidding. that's all it has ever been for me. given i drink alot of beer and plan to do so in the future. so this is my future beer fund as well.
some say this board is dead.
I say that is a great sign. a sign that mature leadership is in charge here. news doesn't leak. and earnings will be on target.
I love this dead board.
it's a sign of maturity.
it is 5/o'clock somewhere. and that somewhere is right here.
big alcohol is now fighting on the right side of history. its all lining up slowly.
all the way up*
no. the US is much closer to legalization than 2 years ago.
It's called an election. happens every 4 years down here. Moves the needle just a little.
When mexico takes up the proper legislation we will see another flurry of acquisitions and another jump in share price similar to when Canada opened up. This stock is worth holding for another year just waiting for this to happen.
New Jersey and several other states will legalize this year as well and that will hit the news media in the US for a while. another catalyst.
I personally do not see the democrats taking the white house (unfortunately). I just don't see people changing lanes in a panic. Second term presidents in a crisis have the upper hand. And Biden does not inspire. idk. well see. But if Biden does win. and there is a slight chance the senate could tip dem. We could see a real legislative wave come through in 2021.
I don't think canopy in the US will be a hit with CBD. until the FDA publishes a definition for CBD. Which could possibly be a standard only canopy can produce with GMPC facilities. that could work. until then, no.
What caught my attention was "inhalable options" with CBD in the US......
THIS. THIS. and then THIS. certified, tested, "safe", CBD vape carts would kill. like seriously killlllllll in the US market. So if this comes to pass. I could see revenue skyrocket.
I think the positive EBITDA will be delayed by a US rollout, write downs on Canadian assets, and the atrocious Accerage deal.
thinking out loud. Losses, gains....... CGC.
People like to pretend like New Jersey and Mexico are not coming online this fall/winter. huge catalyst. Other states may make moves but NJ twists NY's arm. and when NY falls. man.... its going to be hard to call marijuana federally illegal.
FAM.... NJ is going to pass it in NOV.
then everyone from NY will go to NJ and bring it back. So NY will have to flip. and thats it. that's all she wrote.
California, NY, Florida, Texas
you get three you can move the country in any direction you want. and CA, FL, NY will soon be in the cannabiz.
The accumulation when it breaks the $20 is hot and heavy.
check the volume. I don't see this sitting under $20 for long no matter the results. The market is to big. US with DEMS in the fall. Mexico will probably kick the can down the road again. But will pull the trigger in 12 months.
news of Mexico opening alone will X4-X10 all cannabis stock prices for a short while.
It will be CAN opening 2.0! Sell before it actually happens.
wow $50 by July. What a relief!
Accumulator here. Today was a turd bomb.
That is all.
Anyone else remember when Bruce dropped the Constellation news on the same day as bad earnings?
That short squeeze...... still chubs me up
Well it has to explode up.
Because I did not take a new position!
So it shall be done!
Hey. so is this going up or down?
Asking for a friend!
I believe the statement was that the writeoff would be announced along with earnings. And this will coincide with the CEO proving his "vision for the future of canopy" at the same time.
Translation: Good financials, mixed with managements decision to take a writeoff at this time, layered with a major announcement.
What will buyers care more about?
*The quarters above average financials?
*The impact of a one time negative financial transaction?
*Announcement on the future product mix, line, country rollout.
I'm betting this will go UP! good news trumps financials in this industry. Ride it on up my brothas.
what do you get when you nibble on a bear flag?
Are you only short canopy for now? How do you feel about their 3, 5, 10 year outlook? Do you plan beyond the end of your next contract?
CGC has a solid MGMT team in place. Betting against earnings now will be much harder to do. They have the right people in place with the correct relationships to make this work. You're not betting against a wildcard Bruce any longer.
anytime. With the sector downturn can you blame him? buy when there is blood in the streets....
Was hoping for cgc, nyse listing info
He switched into ACRGF and was riding it out until the conversion, last I heard. Check for him on that board
Hey admins. Can you add the pre/post market hours stock price to the live chart on this page? The old board had it,
https://investorshub.advfn.com/Canopy-Growth-Corporation-CGC-30373/
respect your opinions. thanks for the input.
My timeline on CGC is simply to long to pull out. But I did shave off some other positions in January. Nothing to do with corona at the time. But I have not put it back in the market since this has become a bigger issue.
I am not trying to steal your chart thunder. This board is only big enough for one chart slinging outlaw.
Please refer back to my "hardline idiots" reference.
You have no idea how I lean politically. Here, I lean towards the money. All political comments from me are directly related to moves in the CGC stock price. And politics effect CGC more than most stocks....
I agree! But what is left to say?
maybe a few things that the shorts try to ignore.
Canada will be opening more stores.
CBD could soon have supplement status in the US
Mexico should be "legislatively" opening up in April
Beckley in the UK has been silenced since the Constellation buy-in
Snoop, Martha, Seth Rogan, Drake - All pretty quiet but affiliated
vapes in canada will show up on the financials soon (high margin)
Update on the beverages will come at any time
Earning are moving in a positive direction
Right-sizing is helping growth (but not cutting most jobs like others)
Aphria and Aurora are circling the drain. And that is 30% market share up for grabs
The options are being wrangled in.
cost cutting measures are being implemented top down
The BioSteel distribution network will move product more quickly in CAN
Bernie/Bloomberg = US DEMOCRATIC TICKET (you heard it here first)
*HUGE POTENTIAL
The US is very pissed at Trump. Other than the hardline idiots. Everyone can agree that he is to unprofessional to hold the office of president. And that is going to show up in elections. I though he had it in the bag. But Bloomberg will put him in his place from a NY/business/policy standpoint. And I think make a strong ticket w/ Bernie. Bernie will legalize within 100 days in office.
and you wonder why the institutional ownership jumped 12%-45% year over year. wake up! hold up! and watch the money pour in for years.
Well the stories about trump changing his tune were put out by the Chicago Tribune. And then other stories followed from here.
There is a link on this forum somewhere back. And I think this was picked up in a few articles as well. That their is a rider on a senate bill that would allow CBD to be treated as a "supplement" and would fall outside of the FDA for testing/approval/usage. This I believe will pass in short order and allow for Biosteel to launch in the US w/CBD infused products.
By federal decree I am leaning more on the fact that trump will do nothing to stop the bill rider and that allowing CBD to be marketed as a supplement will allow for products to hit the market faster. Everything trump has ever said relates back to "THIS IS A STATE ISSUE." and I do not see him sticking his neck out in an election year. "IF" trump wins reelection I think this would be the only time he addresses tough issues.
With Mexico having its hand forced by the end of April. I think we see MX come into the fold as a permissive country. And the US will not be able to fight against the CAN and MX policy sandwich. This will lead to nation wide medical program. As law enforcement professionals are being neutered in there ability to prosecute cannabis due to the proliferation of "CBD buds" which for all intensive purposes look the same.
The tide has started to come in. Any party that puts cannabis in the negative cross hairs will see a material drop in support. and that support will move to the opposition.
I see the US moving forward slowly with medical and CBD. and then the flood gates are open. And we will need liberal leadership to push it into a legal status.
just MO, GLTA
The media is spinning recent headlines around Trump and cannabis. More sources land to believe he will make a federal ruling on medical and CBD for the election. If the federal ruling is in place we would not need individual state protection
going down into earnings is a positive.
This stock is over speculated and I have been making some decent profits trading against the pattern going into earnings for the last few quarters.
down into earnings = up from there.
Lets see if this holds true for the 2/14 release.
3.0? I want to hear more about Cannabis 4.0. That’s going to be the one! ;)
Canopy expected to report sales of Biosteel and other CBD throughout the U.S. with partnerships with brick and mortar retailers in all 50 states. Especially GNC.
Should see a huge swing up. no matter the numbers on earnings day.
I'm stoked. growing pains can be ignored for the next few qtrs.
you could not be more wrong.
Do you remember the "shortages" of product that caused stores to close because they had nothing to sell. Same thing with beverages. Canopy wants to be able to meet the needs of the consumer with a well established and stocked supply chain.
Heard an interesting opinion today.
I was talking with a friend of mine who is in the opinion that canopy’s delay of their beverage line is due to inventory build up rather than not being ready. That they want to be able to hit the market with enough product to hit every corner at the same time without running out. Most of the competition has not figured out shelf stable formulas yet. Why would Canopy put out a limited number that would be choked off by supply and chopped off by the number of stores available while allowing the competition to get their hands on their product and their formula. Waiting allows them to hit the market at saturation without giving up much because the competitors are not quite there yet. Just a thought, I liked it.
How exactly is the “old south” blocking federal legislation?
I have heard different. Close out that position my man
Oh my...
If this is 20% on everyone it favors Canopy.
Canopy will be able to compete at lower costs of production and will eat the 20% more easily than smaller producers. Or those who do not control their supply line.
Vape Tech
concentration making facilities
concentrates
stores
If you don't control the supply chain you get choked out by those who do.
The Cuomo effect.
New England is about to crack this coconut wide open.
I was wondering if possibly, STZ may buy acreage holdings.
Then when CGC exercises warrants to purchase ACRGF, STZ would then have the ACRGF shares it owns convert to CGC. pushing it into ownership. and Above the 50%.
Could this lower the cost to purchase