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Don't forget Aurora was down over 40% YTD going into today and was on an 8 week slide. Their bounce was due and it just happened to be our catalyst that did it for them.
Split came up briefly and it sounded like it's on the back burner for now. He did mention they have up to a year to do it with their current permission from shareholders.
Order #943831
Possibly my last order of the Bedrocan and Bediol strains unless it's still in stock Septmber 10th. Canopy has indicated they expect the Bedrocan strains to be out of stock and discontinued by the end of Aug.
Order #941045 just placed.
ORDER #936503 just placed
Stocking up on Bediol and Bedrocan this month. So sad it will be all gone soon :(
Oh the days of $5 grams of those two strains were the best...
ORDER #936503 just placed
Stocking up on Bediol and Bedrocan this month. So sad it will be all gone soon :(
Manulife and Shopper's coming together for providing medical marijuana through benefits programs.
https://view.e.manulife.com/?qs=53b74d509aa663406bd876f3a6109ca6576499285f9fecdf06394453c773eca58aecaf78a3106659595a935acdeffa2f1598b297de76e0f45062605c8c80329872f0275b86f354385c8d3af7ef3f07d8
CANN and VGW were early CraftGrow partners but there hasn't been any updates on their relationships in over a year.
TER, LVWL, JWCA, GENE and NEPT.
Canopy or Rivers or both have ownership stakes in TER, LVWL and JWCA. GENE is a crafgrow partner who has had product on the tweedmanstreet shelf. NEPT is the chosen extraction partner.
Anyone have guesstimates for the first trading day of Rivers?
Order #912627 placed just now
Order #866660 just placed
https://midasletter.com/2018/05/canopy-growth-spinout-canopy-rivers-readies-to-join-the-cannabis-revolution/
Finally a full list of what Canopy Rivers has its hands in!
I'm very confident they mean 2019
German medical market update.
https://www.cannabisindustryjournal.com/feature_article/german-health-insurer-issues-first-look-at-impact-of-medical-cannabis/
"Canadian firms Canopy and Aurora dominate the medical market so far with Dutch Bedrocan a close third."
New JV at our Creemore facility
https://www.newcannabisventures.com/segra-to-build-large-scale-tissue-culture-lab-for-canopy-growth-jv/
Denmark will begin exporting cannabis July 1st. Majority of the countries production is earmarked for exports. According to the article Denmark currently has 12 producers.
https://translate.google.com/translate?hl=de&sl=da&tl=en&u=https%3A%2F%2Fwww.fyens.dk%2Findland%2FMedicinsk-cannabis-Minister-forventer-stort-dansk-eksporteventyr%2Fartikel%2F3253928
It is unknown at this point how the transition and share structure will work. I'm hoping we do get shares of Rivers in some form.
I can repost the CHi private placement term sheet later when I’m on a desktop. In a nutshell shareholders bought in at $1.50 per share of CHI in October 2016. Finally get to see the resolution of one of my biggest regrets, which now I see works out to about the same as holding long Canopy shares since the offering... which if I had participated I would have had to sell Canopy shares which I’m still holding long... so in the end I was tormented for not buying for no good reason!!
Order #832403 placed just now
Still have Canopy Rivers offering by July 1, 2018 to look forward to!
Good thing we have a facility producing in Denmark
Also did you notice long time marijuana analyst Daniel Pearlstein left Eight Captital (previously was an analyst for Dundee and M Partners before that) to take the post of Executive Vice President, Head of Business Development at Canopy Rivers Corporation?
I like finding out how much we own in these mysterious Canopy Rivers partnerships. What we do know now is Canopy Rivers owns 12% of TerrAscend (TER), 10.4% of James E. Wagner (ticker soon to be JWC), and own and unknown amount of LiveWell. Canopy Growth and Canopy Rivers, combined, own 66.7% of Vert Mirabel, however we do not know how much of that belongs to Canopy Rivers directly. Canopy Rivers may also have ownership stakes in other companies, which we will soon find out more about. Canopy Rivers is going public before July 1, 2018.
This might have been overlooked this morning:
https://www.newswire.ca/news-releases/aim1-ventures-inc-enters-definitive-agreement-with-james-e-wagner-cultivation-ltd-679263693.html
Canopy Rivers will own a minimum of 10.4% of JWC.
#779265 of course Bakerstreet gets released the day after i place an order
Order #777866
Question for the longs: Does anyone know what Canopy's extract capacity is? Our CraftGrow partner Valens GroWorks just increased their capacity 600% to process 6,000kg of buds a month. Just want to know how they stack up compared to their big daddy.
https://www.newswire.ca/news-releases/valens-groworks-expands-cannabis-oil-production-capacity-600-678163533.html
German licenses held up in the courts. Will sit again on March 28th.
https://translate.google.com/translate?depth=1&hl=en&nv=1&rurl=translate.google.com&sp=nmt4&u=http://www.olg-duesseldorf.nrw.de/behoerde/presse/Presse_aktuell/20180320_PM_Cannabis/index.php&xid=17259,15700023,15700105,15700122,15700124,15700149,15700168,15700173,15700186,15700201
One of the lesser talked about investments of Canopy Growth Corporation (12% ownership) and Canopy Rivers (12% ownership) is TerrAscend (TER) which is up to $5.30 a share. Canopy and Canopy Rivers each hold 11,285,456 common shares purchased at $1.10.
Looking forward to the IPO of Canopy Rivers which Bruce has stated will happen before July 1, 2018 and is EBITDA positive.
https://www.newswire.ca/news-releases/terrascend-announces-transformative-52500000-private-placement-financing-657868953.html
I've been slowly accumulating shares. I like their niche focus.
Also did the same with TER because of the direct Canopy investment as well as US Pharma backing.
Order #74656-
German news could do it... if it ever happens. Feel like we've been waiting two years at least for it!
Cold Pasteurization LOL Bob was all over that.
Awaiting German production licenses has been the greatest test of my patience. The Germans have been pretty hush hush on the progress.
He talked about it but it was nothing new that we haven't already heard in interviews or on BNN. He did talk about how interesting it will be in Alberta and Nova Scotia where cannabis will be sold in the same store as alcohol and you will be able to see an immediate substitution effect.
Not a whole lot of new info from the presentation today. After the presentation I asked Bruce about CHI going public as it was initially proposed to go public March 2017 when they did their private round of financing October 2016. He said they intend to keep it private for now and the interesting part was it needs about $180M-$200M more in financing to take the leap to the next level of the evolution of CHI. Who has deep pockets to invest that much privately? In the same conversation he said without a doubt Canopy Rivers will go public before July 1, 2018 and it is EBITDA positive already. Half my table were TD guys. They said TD is about 2 years away from being able to get involved with and lending to global players like Canopy. The bank is however warming up to lending money to smaller players who only operate within Canada. Also during the presentation he said 3 years from now he expects higher revenues from the global medical side than the Canadian recreational market.
Order #731725 just placed now.
Also going to see Bruce Linton speak today at the Intercontinental in Toronto. Will report back later this afternoon if there's anything important that isn't already known or if heavy emphasis placed on areas Bruce is bullish on.
I'm a minnow especially compared to some of the other long term guys and girls on this board! I get access to private and public offerings because I've been playing hockey for many years with a guy who's involved in raising money.