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Good Eye Mate. You are absolutely correct. # 100006x was the night of the 26, not 25th. I’m working an overnight shift that rolls over midnight datelines and used the wrong number. The Millionth order happened on the same date shareholders approved the resolution at the AGM. Synchronization at its finest.
With provincial distribution, how are we possibly going to track national order numbers? It’s been a blast. We may have to either become really creative and astute, or simply resort to the quarterly financials. We’re going into the Big Leagues now.
That’s an order #
100006x was the order # yesterday sept 25th @ 2100 hrs MT. Over the hill.
Only 40% of shares voted. Geesh. Transaction will close on or around October 31st. Let the good times...roll
That’s an Awesome Sounding analysis.
20 days before 100 year prohibition ends in Canada , you’ve declared the potential is over. Meanwhile several other populations around the world prepare to make similar changes. Do you make the same declarations when the piles for your bridges are being driven 70 meters into the ground? Before a single person has crossed over bridges designed to improve or increase economic activity? That before the foundation Is set, the potential is OVER?
Hear Ye! Hear Ye!
yes, it seems to be the nearest and first domino to fall.
looks like there will be no Main Street by Tweed retail stores in Ontario, if I understand correctly. LP's can not have distribution locations. Hiku looking like a shining investment now.
*edit: ONLY ONE allowed per LP
. Ontario government to make announcement on cannabis sales
https://globalnews.ca/news/4489445/cannabis-ontario-government-announcement/
Live Stream
the space ship looks so tame and uneventful when it walks to the launch pad for days upon days at 1mph,1.6kmph
Oh man, within the next 24hrs! ( I'll take two more goes at it before I max out. no maximums in Rec.) and thats in 4 short years and only 80k patients through a restrictive MMPR/ACMPR regulatory system. OCT 17, TORRENT I believe. DELUGE. CASCADE. DOWNPOUR. CLOUDBURST. FLOOD. TSUNAMI. THE BIG ONE. OVERFLOW. CATACLYSM. GUSHY GUSHY. 1 in 100 YEAR STORM. NIAGARA FALLS.
and that doesn't include June 21, 2019, edibles and beverages.
So, lets imagine, really speculate here. There will most likely be a change in office in USA in the next 4 years. during that time, pressure from the industry will more than likely increase, as more and more states turn the tide. what is the likelihood, within the next 4 years that there is a federally legal industry? +/- 50%? entirely speculating. In the mean time, the UK is turning the tide for Medical in the very near future. Germany is steadily growing on pace medically with Canada. South America, South Africa, Jamaica...this is brain Yoga. If, lets speculate if these dominoes line up and fall sequentially, what could that possibly look like for the valuation of this corporation with its track record of execution? that is my question to myself.
Annual General and Special Meeting of Shareholders
Date:
September 26, 2018
Time:
1:00 PM EST
Location:
White Building
1 Hershey Drive
Smiths Falls, Ontario
Webcast:
The meeting will be webcast. Shareholders can access the webcast at the following address:
http://webcast.fmav.ca/CanopyGrowth2018AGM/
Meeting Documentation:
Management Information Circular
Form of Proxy
For more information, please contact Canopy Growth’s Proxy Solicitation Agent, Kingsdale Advsiors, at 1-877-657-5857.
https://www.canopygrowth.com/investors/investor-events/agm-and-special-meeting-shareholders/
Annual General and Special Meeting of Shareholders
Date:
September 26, 2018
Time:
1:00 PM EST
Location:
White Building
1 Hershey Drive
Smiths Falls, Ontario
Webcast:
The meeting will be webcast. Shareholders can access the webcast at the following address:
http://webcast.fmav.ca/CanopyGrowth2018AGM/
Meeting Documentation:
Management Information Circular
Form of Proxy
For more information, please contact Canopy Growth’s Proxy Solicitation Agent, Kingsdale Advsiors, at 1-877-657-5857.
Wo! Did anyone else see the sponsored coated advertisement at the top of the landing page from "Hi", Got Questions? By Tweed.com?
In the early days, 30 - 80k volume, there were only a handful of bloggers here who were very active in DD. They actively campaigned on this by reaching out to the company for important and relevant information. Many of the replies were posted here. There were even times when there were some corespondences in the media through then TWD and this I-hub board. Today, surely company is much to busy to be 'checking up' in these forums, but I don't think its relevance was entirely lost. Or I could just be imagining things, entirely possible. But lookie here, sponsored content on the landing page from yours truly for the first time.
Cheers to the hearty and dedicated Mods, and Posters.
Ive had that valuation in mind since the deal was announced and it kept rolling over in my head that STZ is giving an implied value of ~20b, yet Canopy has yet to trade at that valuation. Others have. And so little is mentioned of the additional 4.5B in warrants. I think its best to read Canopy M&A from at least 4 quarters ago to anticipate what the company is closing in on today, and rate the execution on that. Then read the most recent ones and again, anticipate what the value of the company will be upon those executions. For example, in just 4 short years, the corporation and industry are here. What might both look like in another, say 2-4 years? Perhaps Unrecognizable in terms of development. Who travels in any direction and only looks back?
https://www.canopygrowth.com/wp-content/uploads/2018/08/CBI-CG-Press-Release-FINAL.pdf
Constellation Brands to Invest $5 Billion CAD ($4 Billion USD) in Canopy Growth to Establish Transformative Global Position and Alignment
Constellation Brands will increase its ownership interest in Canopy Growth by acquiring 104.5 million shares directly from Canopy Growth, thereby achieving approximately 38 percent ownership when assuming exercise of the existing Constellation warrants. Constellation Brands is acquiring the new shares at a price of C$48.60 per share, which is a 37.9 percent premium to Canopy’s 5-day volume weighted average price of the common shares on the Toronto Stock Exchange (“VWAP”), and a 51.2 percent premium to the closing price on August 14, 2018. Constellation will also receive additional warrants of Canopy that, if exercised, would provide for at least an additional $4.5 billion CAD to Canopy Growth.
#998706 : 4am
Canopy Growth Stock Doesn’t Need a Split Right Now
(Canopy Rivers referenced in latter part of this article)
By Stephen Karmazyn, BA Published : September 25, 2018
https://www.profitconfidential.com/stock/canopy-growth-stock/nyse-cgc-stock-split-right-now/
It’s been a strange month for Canopy Growth Corp (NYSE:CGC), not in terms of performance, but rather in terms of the news spotlight. The star of the marijuana industry has been flying under the radar lately as Tilray Inc (NASDAQ:TLRY) sucks up all the oxygen.
It’s easy to forget that the Constellation Brands, Inc. (NYSE:STZ) mega-investment that sparked an industry-wide stock market rally was centered on Canopy Growth. Now Canopy is back in the headlines as investors ask if a CGC stock split is on the way.
First, let’s examine where the idea of a Canopy stock split came from.
On July 31, Canopy Growth announced that shareholders had approved a share split of 3-to-1 or 2-to-1, which could be implemented by the board at any time (or ignored completely). (Source: “Canopy Growth Corporation Announces Results of Special Shareholder Meeting,” Canopy Growth Corp, July 31, 2018.)
This gave the board a lot of flexibility and made nailing down a possible CGC stock split date difficult.
So while the idea of a CGC stock split met shareholders’ approval in a vote, there’s no certainty that one is on the way.
While I’m not sure that a split will hurt the company, frankly I don’t think a Canopy stock split is necessary.
I understand there was some trepidation among investors as Tilray stock seemed to be the new big thing in the marijuana industry, jumping by dozens of percentage points in a few days—even surpassing Canopy Growth stock as the highest-valued marijuana stock in the world.
But the volatility of TLRY stock eventually came full circle, seeing massive declines in its value in the past few days. Meanwhile, CGC stock regained its title as the biggest marijuana stock by market cap.
Which leads us to what I see Canopy Growth’s role being within the marijuana market: a strong, steady, long-term play.
Volatility is flashy and exciting, certainly, but for investors looking to get into the cannabis industry long-term, there is simply no better option than Canopy Growth stock.
In order to help cultivate that image, Canopy Growth doesn’t need to make “swing for the fences”-type plays. Instead, investors would be better served by the company racking up a string of weekly stock price gains.
These gains don’t have to be flashy, but a steady jump of three to five percent per week—on top of the massive spikes likely to be generated by Canadian marijuana legalization—is more than enough to make Canopy Growth stock a great opportunity.
While a CGC stock split would be one way to wrestle back control of the headlines—at least for a little while—ultimately, it’s not needed at this point.
Not to mention that, at around $50.00 a share, Canopy Growth is hardly the most expensive marijuana stock. Considering what investors are willing to pay for TLRY stock, CGC still has more than enough room to grow before it needs to consider a stock split.
Canopy Growth Corp Financials
Another good reason for a delay to the Canopy stock split is the company’s most recent financial report.
Canopy Growth saw first-quarter revenue of CA$25.9 million, which was a 14% increase from the previous quarter and a 63% increase from the previous year. (Source: “Canopy Growth Corporation Reports First Quarter Fiscal 2019 Financial Results,” Cision, August 14, 2018.)
Another big metric worth mentioning is the average selling price per gram, hitting CA$8.94, up from CA$8.43 last quarter and CA$7.96 last year. This number helps track profit-per-gram production, making it one of the stronger metrics when comparing to rival companies. Seeing strong growth here is critical.
Canopy Growth stock has also netted multi-year supply agreements in Canada, with annualized delivery requirements of over 67,000 kilograms
Bruce Linton, chairman and co-CEO, said the following:
With our unparalleled success in Canada and Europe, Spectrum Cannabis’ expanding global operational footprint now covering 11 countries, our active regulatory and global market development efforts, as well as approvals to proceed with the first of many planned clinical trials of cannabis-based medical therapies for both humans and animals, our leadership position in international medical cannabis markets continues to strengthen.
(Source: Ibid.)
The company also took its investment arm public on the TSX Venture Exchange. The investment platform, Canopy Rivers Corporation (TSXV:RIV), began trading via a reverse takeover. RIV stock is currently trading at more than CA$6.00.
“We’re really trying to make this smart money that goes global,” said Linton, acting CEO of Canopy Rivers. “The scouting has been pretty active.” (Source: “Canopy Venture Gyrates in Trading Debut as Cannabis Shares Churn,” Bloomberg, September 19, 2018.)
Canopy Rivers will work with companies that are looking for financial or operating support.
Of the 11 investments made by the company over the past year—running the gamut from licensed marijuana producers to media platforms—10 were in Canada and one was in Italy.
Couple these developments with a Canopy Growth capital increase via the $3.8-billion Constellation Brands investment, and you have a company that is in a very commanding position on the marijuana stock market.
Analyst Take
While a Canopy stock split would by no means be calamitous, it is simply unnecessary at this time.
Canopy Growth stock is already in a strong position, and I don’t think a CGC stock split would serve to push share prices significantly higher.
Canopy Growth Stock Doesn’t Need a Split Right Now
By Stephen Karmazyn, BA Published : September 25, 2018
https://www.profitconfidential.com/stock/canopy-growth-stock/nyse-cgc-stock-split-right-now/
It’s been a strange month for Canopy Growth Corp (NYSE:CGC), not in terms of performance, but rather in terms of the news spotlight. The star of the marijuana industry has been flying under the radar lately as Tilray Inc (NASDAQ:TLRY) sucks up all the oxygen.
It’s easy to forget that the Constellation Brands, Inc. (NYSE:STZ) mega-investment that sparked an industry-wide stock market rally was centered on Canopy Growth. Now Canopy is back in the headlines as investors ask if a CGC stock split is on the way.
First, let’s examine where the idea of a Canopy stock split came from.
On July 31, Canopy Growth announced that shareholders had approved a share split of 3-to-1 or 2-to-1, which could be implemented by the board at any time (or ignored completely). (Source: “Canopy Growth Corporation Announces Results of Special Shareholder Meeting,” Canopy Growth Corp, July 31, 2018.)
This gave the board a lot of flexibility and made nailing down a possible CGC stock split date difficult.
So while the idea of a CGC stock split met shareholders’ approval in a vote, there’s no certainty that one is on the way.
While I’m not sure that a split will hurt the company, frankly I don’t think a Canopy stock split is necessary.
I understand there was some trepidation among investors as Tilray stock seemed to be the new big thing in the marijuana industry, jumping by dozens of percentage points in a few days—even surpassing Canopy Growth stock as the highest-valued marijuana stock in the world.
But the volatility of TLRY stock eventually came full circle, seeing massive declines in its value in the past few days. Meanwhile, CGC stock regained its title as the biggest marijuana stock by market cap.
Which leads us to what I see Canopy Growth’s role being within the marijuana market: a strong, steady, long-term play.
Volatility is flashy and exciting, certainly, but for investors looking to get into the cannabis industry long-term, there is simply no better option than Canopy Growth stock.
In order to help cultivate that image, Canopy Growth doesn’t need to make “swing for the fences”-type plays. Instead, investors would be better served by the company racking up a string of weekly stock price gains.
These gains don’t have to be flashy, but a steady jump of three to five percent per week—on top of the massive spikes likely to be generated by Canadian marijuana legalization—is more than enough to make Canopy Growth stock a great opportunity.
While a CGC stock split would be one way to wrestle back control of the headlines—at least for a little while—ultimately, it’s not needed at this point.
Not to mention that, at around $50.00 a share, Canopy Growth is hardly the most expensive marijuana stock. Considering what investors are willing to pay for TLRY stock, CGC still has more than enough room to grow before it needs to consider a stock split.
Canopy Growth Corp Financials
Another good reason for a delay to the Canopy stock split is the company’s most recent financial report.
Canopy Growth saw first-quarter revenue of CA$25.9 million, which was a 14% increase from the previous quarter and a 63% increase from the previous year. (Source: “Canopy Growth Corporation Reports First Quarter Fiscal 2019 Financial Results,” Cision, August 14, 2018.)
Another big metric worth mentioning is the average selling price per gram, hitting CA$8.94, up from CA$8.43 last quarter and CA$7.96 last year. This number helps track profit-per-gram production, making it one of the stronger metrics when comparing to rival companies. Seeing strong growth here is critical.
Canopy Growth stock has also netted multi-year supply agreements in Canada, with annualized delivery requirements of over 67,000 kilograms
Bruce Linton, chairman and co-CEO, said the following:
With our unparalleled success in Canada and Europe, Spectrum Cannabis’ expanding global operational footprint now covering 11 countries, our active regulatory and global market development efforts, as well as approvals to proceed with the first of many planned clinical trials of cannabis-based medical therapies for both humans and animals, our leadership position in international medical cannabis markets continues to strengthen.
(Source: Ibid.)
The company also took its investment arm public on the TSX Venture Exchange. The investment platform, Canopy Rivers Corporation (TSXV:RIV), began trading via a reverse takeover. RIV stock is currently trading at more than CA$6.00.
“We’re really trying to make this smart money that goes global,” said Linton, acting CEO of Canopy Rivers. “The scouting has been pretty active.” (Source: “Canopy Venture Gyrates in Trading Debut as Cannabis Shares Churn,” Bloomberg, September 19, 2018.)
Canopy Rivers will work with companies that are looking for financial or operating support.
Of the 11 investments made by the company over the past year—running the gamut from licensed marijuana producers to media platforms—10 were in Canada and one was in Italy.
Couple these developments with a Canopy Growth capital increase via the $3.8-billion Constellation Brands investment, and you have a company that is in a very commanding position on the marijuana stock market.
Analyst Take
While a Canopy stock split would by no means be calamitous, it is simply unnecessary at this time.
Canopy Growth stock is already in a strong position, and I don’t think a CGC stock split would serve to push share prices significantly higher.
UPDATE ON OCS ONLINE STORE PRIVACY + SECURITY
September 24th, 2018
https://ocscannabisupdates.com/update-on-privacy-security/
As the Ontario Cannabis Store (“OCS”) prepares to launch its online store on October 17, 2018, customer privacy is a first priority.
From day one, the OCS has followed “Privacy by Design” principles to develop a safe, secure online shopping experience for adults 19 and over. Consumers expect the OCS to keep their purchases confidential and deliberate choices have been made to protect personal information.
Unlike many online retailers, the OCS wants the lightest possible touch on consumer data. Data residency and other key privacy conditions were requirements that informed the OCS’s selection of an e-commerce platform partner, and the OCS team has worked with all of its selected service providers to deliver a safe and secure online store. The OCS will minimize the amount of customer data collected and kept, and will store that data in Canada.
The online site will advise customers why the OCS is collecting limited, required information, and will not use or share it for any other purposes. Collected personal information will never be sold to third parties. It will be kept for the minimum length of time required by law, then deleted as soon as possible. Visitors to the site will not be required to create an online account or profile.
Upon delivery of the product, the delivery agent will use identification procedures similar to those used for alcohol sales. The trained delivery agent will not take a copy of the identification.
A third-party risk assessment of OCS privacy and security systems has confirmed that the online store will meet or exceed global e-commerce standards. Once launched, the OCS will implement 24/7 security monitoring and ongoing security testing, and a privacy program to sustain the OCS’s mandate for personal information protection. The OCS will monitor best practices to stay at the forefront of e-commerce privacy and security.
The OCS is focused on providing safe and responsible access to recreational cannabis through its online retail channel when it becomes legal on October 17, and establishing a wholesale distribution network to supply cannabis to legal private stores in Ontario once legislative requirements are put in place.
DVA trades down to 14.24m CAD today/0.30 CAD. I am looking to buy in these Murky 52 week low and low volume areas. I must admit, the low volume (78k today, 43k avg) scares me. Seems many are on their way out.
Does anyone have an idea as to the 30% increase yesterday on the tsxv?
Potentially... when the 30 day lock up ends, is also on October 17, L-Day. The momentum in Cannabis Industry Securities could be tremendous. Could that be a bear market? Could be a sell the news event. And also could not. I’m not counting on it. Then there is the 60 day, around Nov 17, or Canopy Growth Q2/19 financials. Another time Period that could see large momentum. With Rivers being ancillary To Canopy, I would expect the growth and performance of the two to correlate going into the end of prohibition.
So essentially, we’re attempting to time a bear market. And a week into the ipo, this is looking pretty Grizzly. When Rivers begins reporting financials, that may be the better time to make a value investment rather and take a speculative position.
I should have checked here before I placed that order, could have increased the spread a bit. Looking like Wednesday morning/ afternoon is the best range.
#99717x 22:19hrs MT
yeah, It did. For anyone reading this post on a public Forum, I am not an Investor Guru, and I just want to say that for the new, newish and even seasoned readers. I was squeezing poop out of the Beavers Bottom on a Canadian Nickel to get by, and realized I was uneducated in financial management. So, I had an AHA! moment over a half ounce bag of BC Bud just over a decade ago, along with some encouragement from my wife. Get Educated on financial management. Since then Ive read every Financial Book recommended to me, Including those found on http://dividendmonsters.simpl.com , as if it were my new part time job, some times full time when I am unemployed. So its with great humility that I can even discuss terms like dollar cost averaging, due diligence and even what is and isn't investing vs speculating.
so, yeah, Mr. Monster. I am attempting to dollar cost avg. because If I thought Rivers was worth buying last week at $~11 CAD, then why the heck wouldn't I think it was worth buying today @ a $~4 discount, unless there has been a fundamental change in the Business prospects or valuation in the last week or so.
It (dca) worked out really well for us, my wife and Family with Canopy. It traded as low as $1.08 once, when Awesomesound Announced to the world that the sky was falling. The lowest discount I purchased was 1.98 CAD.
Long Schplee. Just in the idea that a lot of New investors are meeting this industry in the Haze, and a lot of it is tainted. our Nasdaq Foiling industry peer for example gaining and losing ~200 USD is less than ~7 trading days, with ONLY ~75,000kg production capacity to date and 100 mill in assets on a ~20B usd market cap, while little ole Canopy has ~500,000 kg capacity, soon to be over ~8b in tangible assets by end of week and a ~11b market cap. Valuations are definitely looking a bit off. Due Diligence is the favourite expression around these parts, because its a phrase thats good for everybody.
Cheers Monster.
I read somewhere that the private placement had lock up periods of 30/60/90 days respectively for a ratio of shares issued. This bear market on trading is mostly retail. I would look closely at the volume on or after Oct 17/Nov 17/ Dec 17 respectively to see if high volumes of sell pressure show up. At this point , all the private placement shares are seeing 80+% gain, while retail is squabbling over day to day price changes. Will it trade down to or below the PP levels? Thats the $$ question and who knows what the answer is. My attempt is to use dollar cost averaging on bear market days or weeks. With the momentum and potential of the industry and Rivers, I don't think *value will be lost in discounted shares in the time being.
Whooo! long winded reply. Cheers.
Seems this isn't a very active board. Thats ok. Quality over Quantity I guess. I hope the participation here turns out to help everyone on board. Cheers
I will be conducting more research and into CHH management and Board and will post any worthy findings here that help to make better investment decisions.
I do think that the disruption that Cannabis will have in retail industries will be felt tremendously in health care. Opioids have NOT delivered as promised and far too often make matters worse. CHH is well positioned to take that lead with it target demographics.
Hi folks.. Quiet Board here at CHH. Im glad to have found y'all and look forward to participting.
I will post news articles and DD as they become available, can be used to add support to investment decisions in MTLO Corporation. I have taken a long position in MTLO. I am most interested in the strategy of Management team and will focus on gaining as much insight as possible. Google is my friend. Cheers Peers
Rivers Chart looking like a slolem this morning.
Currently trading @ 7.2 CAD @ 0818 MT
If you thought MTLO was a buying opportunity @ 1.30 CAD after the first two days of the IPO, then surely one can find reason and value @ .67 after the first full week of trading. All things aside, the financials will have to prove that, and not speculation.
Market Cap This morning is 115 M CAD.
The potential increase in Market cap may show gains in the coming quarters If MTLO can continue their tremendous growth trajectory.
Good Morning Folks. MTLO is trading down 5.75% today, Monday September 24, 2018 @ 0800 MT
Eye.Eye.
Without attempting to oracle, it seems more and more of Canopy Growth and will be owned by institutions looking for long term growth. The previous quarter filings of many are showing new sizeable 6-8 figure positions, and growing. I anticipate the volume to steadily increase in the coming days. Guesstimate
Nothing but clout I guess. I sent an email to Spectrum asking if they’re planning anything. Might get a reply before, or not.
Let’s have some enjoyment. 1 Millionth Tweed/Spectrum order coming up.
Order #99562X. Placed Sunday Sept 23, 2018 @ 1950 MT.
By the current average , the Millionth order may be placed within the next day or two.
I will be placing an order or two each day , buying more lottery tickets to try and increase odds of winning the Golden Ticket from the Chocolate Factory.
Any other Diggs on this board with an ACMPR authorization care to participate?
No. “This article has been removed”, is what is displayed.