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Global cannabis market will nearly triple to US$40.6B by 2024: Study
https://www.bnnbloomberg.ca/global-cannabis-market-will-nearly-triple-to-us-40-8b-by-2024-study-1.1275983
Anyone here planning on going to the AGM this year?
USD or CAD?
Yeah he did. Was that posted recently?
Thank you! Can a mod update the order list?
Kind of upset we're not partnering with PAX. I am curious to see what Bruce has up his sleeve though. He has been saying they have been developing a patented vape for at least the last year.
A the same time we own Storz and Brickle which I think is awesome.
https://www.newswire.ca/news-releases/pax-labs-partners-with-canadian-licensed-producers-aphria-aurora-organigram-and-supreme-cannabis-814167103.html
You're right I doubt it will happen in the next 12 days. It is weird that he would say by July.
There is an interview where he says this July. I will see if I can find it.
It was! Now why would he say that? It's very interesting. Imagine the triggering event then a split!!
that would be amazing. I think Boehner said something about July in an interview if I recall correctly. Could have been another politician though.
Stifel initiated Canopy Growth as buy
https://www.cnbc.com/2019/06/06/calls-of-the-day-apple-advanced-micro-devices-whirlpool-more.html
Stifel initiated Canopy Growth as ‘buy’
Stifel said Canopy represents the best investable opportunity among its peers to capitalize on growth in the industry.
“We are initiating coverage of Canopy Growth with a Buy rating and target price of C$64 which we derive by assigning a 12x EV/Sales multiple to our FY21 sales estimate of C$ 1.6 billion. This premium relative to its peers underscores our contention that Canopy Growth represents the best investable opportunity for capitalizing on the growth of the global cannabis category with definitive Canadian leadership, multiple avenues for attacking the U.S. market, a solid balance sheet position (C$ 4 billion in cash), and largest shareholder Constellation Brands which owns nearly 40% of the company. This partnership offers large company capabilities providing invaluable expertise to meet the demands of growing the business 5x over the next two years. Canopy is positioned well to fully capitalize on the global growth potential of this burgeoning segment and is especially positioned well for the launch of the second wave of products expected this Fall. ”
Canopy truck spotted in NYC!!!!!
https://twitter.com/twdbedcgcweed/status/1135165848375701509?s=21
They have another one on Long Island in Farmingdale. They might have another one upstate as well.
I had never heard of the guy. Good stuff. Pretty crazy he was recommending cgc in November of 2016
I have a strong feeling as soon as the acreage deal goes through acreage will rebrand all of their dispensaries to tweed locations. Does anyone else think this?
I really like this guys charts
https://www.tradingview.com/chart/CGC/CzT4tFOe-SMOKE-BUBBLE-PART-II-HUGE-BREAK-OUT-INCOMING/
That’s what gets me, they both had to have discussed the split prior. Why hold the vote if they weren’t going to do it.
Headset is with Rivers. Interesting stuff thanks for sharing
Lol what!? When did tweed start a band? Was it for the annual shows they put on at Smith Falls?
Honestly think that this is going to happen much sooner than people realize
Does anyone else remember Bruce talking about presenting a roadmap to shareholders on the acreage deal?
More US trademarks were found
https://old.reddit.com/r/TheCannalysts/comments/bph7el/recent_usa_trademarks_aphria_tokyo_smoke_canopy/
I'm just messing with you. But comparing ACB to CGC is a joke imo
You must like that billion share float huh
Awesome! Thanks for the info. 14% on acreage is crazy
Awesome thank you! I wish I would have done this sooner, they told me the current rate is around 2.1% but has fluctuated up to 5% over the last year. In your experience has the lending rate been closer 2% than 5%? Or is the 2% on the low end?
Fully paid lending - does anyone here do this through etrade? I just applied for the program. Does anything on the account change or is it really just something on the backend? Are the shares still in the same place they were before?
Sen. Schumer And Rep. Jeffries To Introduce Comprehensive Marijuana Reform Legislation
https://blog.norml.org/2019/05/09/sen-schumer-and-rep-jeffries-to-introduce-comprehensive-marijuana-reform-legislation/
Do companies usually pre announce splits like that?
thank you!
Can you post a link where Bruce said that? The $2.55 a share is pretty tempting.
This is the long term chart I like :)
https://www.tradingview.com/chart/CGC/Yrf7jIVj-SMOKE-BUBBLE-ABOUT-TO-BEGIN/
I can't imagine they are not going to use it...
Great interview with Bruce
https://tdameritradenetwork.com/video/rB4AoWo4HZiBakt9SZEDMw
Maybe MedMen? They seem like they have the best brand recognition out of all of the MSO's. Now that this deal went through I'm going to have to change my dispensary to the Acreage owned Botanist.
Here we go Acreage halted
http://iiroc.mediaroom.com/2019-04-18-IIROC-Trading-Halt-ACRG-U
You the man! Hope you’re right
That was it! Thank you. Dbrown start the video at 7:50
I'm 99% sure Bruce mentioned it either in an interview or at the 2018 AGM. Let me see if I can find the clip and post it.
I can't imagine Aphria and Aurora would be picked over Canopy
I don’t think Canopy has ever leaked any news before. Correct me if I’m wrong. The other LP’s on the other hand are notorious for it. We’ll know soon!