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They mentioned it’s a move to uplist
https://outline.com/cUfHZX
Use this link instead. Look at the comparative chart for all the big alcohol companies. This man is now focusing on CGC.
Rob Sands stepping down from STZ to focus on CGC.
https://outline.com/Gw3e65
Another catalyst. Germany restarts tender process in November.
They always say the first million is the hardest.
Why ebbu? This is why ebbu. Tina Fraser bev tweet had a company behind it.
https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=254454446
I mean I’m guessing
There’s only one DEA approved pharma. He was just in the UK. That shipment went to GWPH
CA sales are down because online not allowed, plenty of cities like Long Beach didn’t open shop until summer, taxes push 20%, lots of cities will never allow sales because stigma, licensing process here is much worse than Canada.. There are plenty of reasons why CA failed but dispensaries still have a line out the door. Still, i would never go black market vs legal dispensary. Selection, ease of use, quality of product are all better. BTW, there are NO illegal dispensaries here. It’s either medical or Rec. Black market sells via meetups and trade shows via word of mouth/craigslist.
I don’t see it. They didn’t raise enough. Remember, usually these are done at premium to entice shareholders to vote yes. Unless they do a hybrid cash stock type deal.
STZ up 5%. Not CGC.
Up 5% pre market.
To buy WEED, you need to sell USD and buy CAD. You are effectively short USD, long CAD and long WEED. To make it easier, they created TWMJF which became CGC. If nothing else were to change in WEED and usdcad goes to parity, CGC would be up 30%. The opposite is true as well. If CAD economy craters and USD skyrockets to 2, CGC would fall by the same %. If you take WEED divided by CGC, you get the USDCAD exchange rate. Rebalancing happens automatically. There are computers that take care of the arb.
Entire sector was down today. Most more than Canopy. The crop was grown to get licensing approval but had to be destroyed upon waiting for it. They got the approval. It’s not material because it wa never meant to be in the balance sheet.
Betting bruiser is another version of Awesome Sound. Awesome even shows up in his feed to join the party. They are cut from same cloth and so is BoomBaby apparently. 0 credibility. Awesome has called doom and gloom for years and yet here we are.
People are morons. Yes this video made APH, EMH, TGOD, ACB and so many more drop 5%. It’s a sector wide sell off but no serious support broke today (specifically the 200dma on hourly). Pick any other reason for it but it def is not this video. Betting Bruiser has been trying hard for years that bring Canopy down.
No split anytime soon from the AGM. Bruce noted he didn’t want to add more shares to short and the shares that STZ got are locked up and won’t be added to float.
And to be sure, there's lots of barriers to ending NAFTA. Congress approval, etc..etc.. but headline news will move market down including this sec.
Risk here is NAFTA. Trump's press conf. in the afternoon was a sight to behold. Beyond spewing his usual drivel, the talks with Canada not going well. If this dies, both will take a hit but it'll be risk off and you'll see some significant moves down across all equity markets.
So sell all your shares.
Lol. You talk your position all the time like 5k shares is something special. Plenty of portfolio are multiples of that. I guess that’s what happens when your in at 3ish.
Most of sector down today and vol has dried up ahead of FOMC. Might pick up after. Depends on if market likes what it hears.
Up 12% on this in Germany on this
53S1:GRFrankfurt
Supreme Cannabis Co Inc/The
1.70EUR+0.19+12.58%
Obvious. Replace any Canopy with any company.
Except that’s not what past history has shown. What earnings came out in nov/2016, dec/2017, and 8/2018? All these moves were not linked to earnings and the next big move won’t be either.
CNPOF will be the Rivers OTC ticker. Not yet available on Fidelity. Looks like 9/26 is when it will trade.
https://imgur.com/gallery/dhGvQg0
The universe where float isn’t 10M shares.
You clearly have no idea. I’m not surprised. APH has positive earnings, down 16% today. Tilray has a 10m float and high short interest which means it’s a squeeze play. I’m dropping some knowledge on you so you stop posting your inane drivel.
Vexxed, the guy who sold at 34 and telling us it was overvalued then is telling us we have no clue. How much did you give up by not holding?
Yea, you did mess up.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=141780851
Canada NAFTA talks positive. Down futures up and CAD up 1%. All signs point to a good day tomorrow.
Good. This is where Left gets his face ripped off. Here comes the squeeze.
Citron Andrew Left says he won’t short (or buy) Canopy. Market is legit he says, hype is not. But the king of short sellers knows when he’s playing with fire.
Trudeau gonna fold on NAFTA. We want this. Market gets bulled up even more. Canada economy growing slower than US. If he doesn’t and recession hits, he won’t be there anymore. Imagine a Harper clone back in. Tomorrow should be a good day.
So is Supreme
Tell that to CGC, CRON, TLRY
Tilray reporting. Up 10% AH. Finally somebody else doing something to lift this sector.
Best part is, if your right, instead of a paper loss which just came out of your account, you get funds that you can reinvest if you see it bottoming out, upping your share count. If you’re totally wrong and this thing keeps going up until expiry, then your underlying will more than make up the premium you paid and you’re not gonna cry about it