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Order # 96407x - I just completed a 7 day detox to do an employment Drug and Alcohol screening. On the 7th day I pissed clean and like a roaring lion, the pain that I haven’t felt in months re-appeared. Although I have a prescription and my performance on the job is stellar, Cannabis is still a disqualifying drug in the employment world. Time for a change. New employment or New business activity. The stigma is real.
That’s Amazing
I’ve been watching a small cap Canadian Company out of Hamilton Ontario, that in 2016 made an announcement that they had made a supply agreement with Canopy for topical cream cannabinoid products. So far that play is minus ~10% for me. I’ve tried to siphon information from Investor relations at both Companies and only come up with the generic {paraphrase} ‘any information will be published to all shareholders via public news release’. Since then there has been very little, next to nothing in terms of PR, and it would seem either there is no product ready for market, the b2b relationship has fallen of, or there’s more to the equation that just hasn’t factored. I’ve been disappointed with the sp performance and business updates in general. With the elevated awareness in the Cannabis space, I had expected a Topical Pain Relief Company that has invested in the Cannabis sector to have had some sort of product development or news to date. Without squeezing sour grapes, I still hold and I’m hoping for something substantial. That company is Delivera. DVA on the TSX.v.
http://www.marketwired.com/press-release/canopy-growth-and-delivra-partner-to-offer-innovative-therapeutic-cannabis-products-tsx-venture-dva-2159404.htm
Here is an email reply from Canopy Investor relations. Dated February 5, 2018
“Hello
The areas of study/R&D are outlined in the press release linked to in your email. Any specifics related to future products/timelines would be disclosed by way of press release to all shareholders.
Regards,
Tyler Burns
Investor Relations
Canopy Growth Corporation
WhatUp Green ManChu!?
This WeeeeD Play is a Big F#*^ You to the older heads that did nothing but start wars, pillage societies and proliferate reefer Maddness.
This Generation Will Make a Change!
For that post, I stand corrected.
Thank you
Sincere Question Mr NowWhat2, sir:
It seems that you are only using your prophetic TA skills for the dark side. Why is that?
Ive yet to see an analysis of yours that points to the 2000+% gains in market value over the years, but your very timely for the consolidations and pullbacks.
I dont mean to be rude, but your TA seems very biased and often more like smoke and mirrors. Afterthoughts and Hindsights. If I were to have traded alongside your posts, I would have missed out on nearly every opportunity.
What is the purpose?
** U.S. shares in weed companies climb on Friday led by Cronos Group after BNN Bloomberg TV report Diageo, the world's largest spirits company, is in talks with at least three Canadian cannabis producers as it considers a possible investment or alliance with a view to making cannabis-infused drinks https://bit.ly/2BHzl7b
U.K. alcohol giant Diageo circling Canada for cannabis deals
David George-Cosh, BNN Bloomberg
Diageo Plc is pursuing a deal with a Canadian cannabis firm, holding serious discussions with at least three major producers as the world’s biggest alcohol company seeks to add marijuana-infused beverages to bolster flat volume growth in its portfolio of global brands, multiple sources familiar with the matter have told BNN Bloomberg.
The entry of Diageo (DEO.N) – which sells big-name brands like Guinness beer and Crown Royal Canadian whisky – into the cannabis market would be another milestone in the burgeoning sector that has seen other major alcohol players such as Molson Coors Brewing Co. (TAP.N 0.50%) and Constellation Brands Inc. (STZ.N 1.30%) enter the space to fend off pot from cannibalizing alcohol sales.
Diageo has met with several Canadian companies in the past month to gauge their interest in a deal for a potential investment or collaboration to create new cannabis-infused beverages, according to the sources. More recently, a senior executive team from Diageo attended a Toronto marijuana conference last week and held several meetings with cannabis companies in the city to discuss possible partnerships or an equity arrangement, according to two sources familiar with the matter.
The sources declined to speak on-the-record with BNN Bloomberg as discussions between the companies and Diageo remain private. A Diageo spokesperson declined to comment on the talks when reached by BNN Bloomberg, while adding the company is “monitoring this space closely.”
It is unclear how advanced the talks between Diageo and a potential cannabis partner are. One cannabis executive who recently held discussions with Diageo to partner with the alcohol giant said that the company will likely take its time to evaluate the sector and settle on a partner in the marijuana space after Canada legalizes recreational adult use of the drug in October.
However, another cannabis executive who also met with Diageo characterized the discussions as more advanced, saying that the London-based firm is close to making a deal with a Canadian producer.
“Right now, they’re in the mix,” said one source involved in the discussions. “We have very close ties to the top of the [Diageo] decision-making tree.” The source noted that Diageo could back out of talks at any time if it is not comfortable with the opportunity.
In July, Dan Mobley, Diageo’s corporate relations director, said the cannabis sector in North America was “still [in] very early days,” during a media call with reporters. “We are monitoring very closely and seeing how the market is evolving,” Mobley added. “Some [U.S.] states are more advanced than others, but the legal cannabis trade is taking share from the illegal trade.”
Diageo reported a one per cent decline in volume growth in fiscal 2018 compared to the prior year, while sales edged two per cent higher, according to its most recent annual results. In North America, the company’s second-biggest market behind the Asia-Pacific region, volume growth rose two per cent in 2018, while total sales declined one per cent.
Ties between the alcohol and cannabis industries have grown closer in recent weeks. Earlier this month, Molson Coors announced it was forming a joint venture with Hydropothecary Corp. to develop cannabis-infused drinks, several weeks after BNN Bloomberg first reported the brewer was close to announcing a deal in the marijuana sector.
Meanwhile, Constellation Brands increased its ownership interest in Canopy Growth Corp., announcing it would make a $5-billion investment that will give the alcohol producer a nearly-40 per cent stake in Canada's largest licensed cannabis producer.
Cannabis is expected to generate $75 billion in global sales by 2030 and the drug has led to a significant decline in binge drinking in U.S. states where it’s legal, according to a recent report by New York investment firm Cowen and Company LLC.
Hi Stoner. I’ve found the reference for that paraphrased quote. It’s on the recent conference call at the 46 minute mark. Bruce is asked to elaborate on what/ where the STZ investment will be deployed. He says No * Canadian production assets, instead other types to strengthen vertical integration, perhaps ( again paraphrasing) ‘some down-on-luck biotech , or bottling line’.
I know it’s a wild pitch, but I’m basing my speculation on past activity. A few weeks ago Hiku was trading below the current acquisition offer, and today it’s over that. I did trade that for a healthy return. Canopy is expanding its integration and Capacity. Like ripples on the surface of water or a wave on a Honolulu beach, I think investors can prepare for ( having capital ) and invest as closely as possible with those moves. Many here on this board have made a shining example with arbitrage and such.
*All speculation *
I’ll see if I can dig up the interview. Bnn, or CTV ? One of those network broadcasters. About to catch a flight , so it might take a minute.
Let’s keep it interesting. I’ll tell you mine if you tell me yours. Or, let’s generate a ‘who done it’ list and see who’s the last one standing?
Speculation: Following the announcement of Constellation Brands Astronomical investment Canopy Growth, Bruce The Sooth Sayer implied that the company is no longer looking to acquire anymore Canadian Production space, but rather , “say, some ‘down-on-luck’ Biotech Company”.
History has taught us here on this (Ihub) Board to, 1: Listen intently and 2: Read Between the lines. I think that, if somehow one could follow the cookie crum trail and find out which Biotech Company he might have been referring to, that there is an interesting investment opportunity for the speculative investor.
I have an hypothesis. Do you?
Hey Ya'll. Two pence Post. Word on the Streets is...*theres a delay at some of the major banks for opening brokerage accounts...*corresponding with the "Green Rush". I have very close family members that are occupied in the Financial Sector. The last time it was this busy was around November 2017-January 2018. Im getting calls lately from people who are finally ready to "give it a try", 4 years later. I don't think we've seen a "too Late" on this, Better late than Never, is my opinion. Many of the largest Institutional Firms were waiting for c45 to become the law of the land, and many others are Still ( not taking any action) until the first or second fiscal quarters, post Oct18 financial reports are released.
For those who invested in an empty Chocolate Factory, under The Harpoon CON-serveyouself Government , kudos to you. For those who've been watching this Block-buster from the Bleachers, The Block wall is coming down quicker than Berlin.
"Its Go Time" - Bruce Linton
Well wishes to you all.
In Defence of Barriers | Bruce Linton | TEDxKanata
Wo-Who!? Is that an exclamation or a question? Good Morning Champs. I’ve been quietly perusing the board while taking in all the industry action. I’ve been on a well deserved staycation with the Family. Read the Intelligent Investor, Richest Man in Babylon and several other wise verses. Thanks Dividend Monster for the recommendations.
J Da Balla was mentioning “the good ole’ days.” Yeah, the good ole days. Back in 2014/15, when a trader could literally see their trade charted on the volume graphs and it could move the market one way or another. 30k volume. Today 30m+ on the NYSE. And it has only just begun.
Yesterday, there were plenty of Debbie Downers singing their heads off like song birds about the financials, Today, they sounded like crickets. Was the growth strategy better or worse today than yesterday, or did it just become clearer?
Canopy is positioned well with over 30% volume of the committed MOU’s to date in Canada. I’d say that is a fairly good marketing position. 60k (kg) , not including Ontario, potentially the largest market in Canada.
Mr What2, I enjoy your technical analysis. The strategy is something I only use when ready to enter and exit a position. By that time the more important Fundamental Analysis has been made. Price Actions like this Morning tend not to show up on the charts until after the fundamentals of the business strategy have been executed.
Gotta give my head a shake when I start reminiscing on where this is coming from and where the plan is to go. Interesting note, a Canopy in general terms Covers a substantial terrestrial terrain. Constellations tend to inhibit the entire night sky. What’s all that talk about “to da moon!”?
Cheers to you all
Canopy Growth Corporation to Announce First Quarter Fiscal 2019 Financial Results
CNW Group
CNW GroupAugust 1, 2018, 10:00 AM EDT
SMITHS FALLS, ON , Aug. 1, 2018 /CNW/ - Canopy Growth Corporation (TSX: WEED, NYSE: CGC) ("Canopy Growth") will release its financial results for the first quarter fiscal 2019 ended June 30, 2018 on August 14, 2018 .
https://finance.yahoo.com/news/canopy-growth-corporation-announce-first-140000754.html?.tsrc=applewf
Canadian banned from U.S. for marijuana investments seeks waiver to cross border
DIRK MEISSNER
VICTORIA
THE CANADIAN PRESS
PUBLISHED JULY 26, 2018
UPDATED 14 HOURS AGO
https://www.theglobeandmail.com/cannabis/article-canadian-banned-from-us-for-marijuana-investments-seeks-waiver-to/?utm_medium=Referrer:+Social+Network+/+Media&utm_campaign=Shared+Web+Article+Links
Ontario government will turn to private retailers to sell marijuana
LAURA STONE PARLIAMENTARY REPORTER
CHRISTINA PELLEGRINI
OTTAWA AND TORONTO
PUBLISHED JULY 26, 2018
UPDATED 13 MINUTES AGO
https://www.theglobeandmail.com/politics/article-ontario-government-will-turn-to-private-retailers-to-sell-marijuana/
The Ontario government is turning to private retailers to sell marijuana in stores come October, shifting policy dramatically less than three months before Canada legalizes recreational use.
Provincial Finance Minister Vic Fedeli and Attorney-General Caroline Mulroney are expected to make an announcement as early as next week outlining in broad strokes the province’s plan to scrap the existing public retail model and allow the private sector to own and operate bricks-and-mortar cannabis shops, according to a senior source in the Ontario government who would only speak on condition of not being named. The person added that the government will still control the wholesale and distribution of the product to the stores and manage online sales.
The move marks a seismic change in how Ontarians will shop for legal recreational cannabis come Oct. 17. It also opens the door for the companies and entrepreneurs that end up being awarded retail licences to profit from the green rush that has already been so lucrative for many investors and licensed producers.
The province’s previous Liberal government had planned to give the Liquor Control Board of Ontario (LCBO) a monopoly on the sale of recreational cannabis, with 40 physical stores set to open this year under a subsidiary of the LCBO called the Ontario Cannabis Store (OCS). Now, the Ontario system is expected to mirror the Alberta model, which will allow for privately run cannabis stores to sell marijuana with licences granted by the liquor commission.
It isn’t known yet how many retail store licences will be granted under Ontario’s new model. The government is still working out the details of how retail outlets will be able to operate, the source said. Online sales will be handled by the Ontario Cannabis Store.
The government will also begin consultations with municipalities, law-enforcement agencies and Indigenous groups over the next two months on how privatization will roll out.
Ontario Premier Doug Ford has already indicated that he was eyeing the private sector, telling reporters in late June that, “I don’t believe government should stick their nose into everything."
The OCS said it planned to grow its roster of stores to 80 by 2019 and up to 150 by the end of 2020. (In contrast, there are hundreds of liquor stores in the province.) This spring, the OCS said it had identified four locations for its cannabis stores, including one in Toronto, but hasn’t made any announcements since then.
Silence from the OCS and Mr. Ford’s election in June had many in the cannabis industry speculating the new Premier would change the province’s retail approach to involve the private sector.
“We’ve suddenly seen a lot of movement and shift, and a lot of indication toward private retail,” said Deepak Anand, vice-president of business development and government relations at consulting firm Cannabis Compliance Inc.
A spokesman for the Ontario Ministry of Finance wouldn’t comment on the details but said the province will be ready by the time marijuana is legal in October.
“The government has been working to launch a cannabis retail and distribution system to meet the federal legalization timeline of Oct. 17, 2018,” spokesman Scott Blodgett said in an e-mail. “Ontario will be ready with a system in place that meets the objectives of protecting youth and eliminating the illegal market.”
Critics of the Liberal’s approach argued that the limited storefront access initially would make it harder to entice consumers to convert to the legal market, and more difficult to thwart illicit retailers and supply.
A move to privatization could mean more money in provincial coffers, but it could also be politically risky for Mr. Ford, who courted social conservatives during the Progressive Conservative leadership race and has said he is concerned about the welfare of children with leagal marijuana on the horizon. However, the new policy would be welcomed by entrepreneurs who are clamouring to open legal marijuana shops in Canada’s most populous province.
Ontario’s debt load has exploded since the financial crisis of 2008 and under the past two Liberal administrations. Opening up the retail regime to the private sector lets the government put revenue on the books quickly through licensing fees and by reducing the upfront costs required to obtain building leases, hire and train employees and build and run stores.
In April, Nancy Kennedy was appointed president of the Ontario Cannabis Store. But last month she moved to a new role as deputy minister, Treasury Board Secretariat, under the new Ford government. David Phillips, the OCS’s vice-president of strategy and partnerships, was named interim president.
The OCS was working with hiring firm Randstad to recruit full- and part-time sales associates in 27 cities, according to job postings from late June. On LinkedIn, 29 people list their current positions as store managers with the OCS.
As of this week, the OCS was still negotiating with producers on pricing for products that would end up on store shelves, sources say. The Ontario government has been aggressive in trying to squeeze growers in order to keep retail pricing low without having to sacrifice its own margins.
In-store retail is the place where people will meet product, making it a key part of the supply chain for growers who want to control how their brand is perceived and how customers are being educated about their products.
Private retail may also be better for consumers. Depending on how many licences the government approves, increased supply could put pressure on prices. Fragmenting the retail landscape from one buyer to many buyers could also mean that more brands will get space on store shelves, as retailers look to differentiate their offerings.
-With files from Bill Curry
Hi Mr CureMother. My eye brows raised at that point too. I mused with my wife to have asked the same question, and wether he has bought shares. with all The information that’s been streaming cross his desk. Cable Media has been lowering its standards for years, the reason I no longer subscribe to “programming”.
*Bruce on BNN This Morning*:
Canopy Growth CEO on increased costs at company and pot-stock valuations
Bruce Linton, chairman and CEO at Canopy Growth, joins BNN Bloomberg to discuss his firm's latest earnings and outlook.
The Open
https://www.bnnbloomberg.ca/video/canopy-growth-ceo-on-increased-costs-at-company-and-pot-stock-valuations~1427216
13.33333333333333333333333
October 17 is not the date for Investors. the dates are July 1 - September 31 ( q2fy19 ) when the bulk orders will be coming onto the revenue sheets. They will be to fill the shelves for an excellent opening day presentation. after that, it will be restocking orders. I would like to assume that the excitement will be tremendous. I will defineatly be at the nearest Local shop on day 1 the commemorate. I used to go through an half to full O a month. And that is average for most of the Cannabis crowd I know. Theres also a nother crowd that just want to try for the first time, or the first time legally. Somewhere a report said half of all Adult aged Canadians plan on participating in the legal market? And what will it be like when your in a building serving alcohol and have a choice between Corona or Cannarona? Courvoisier or Cannavossier. I dont drink alcohol. I want the Cannabis beverage.
Im leading to 3:1 also. the pps would also be very close. My biggest take from this whole observation of the leading up to is this: Q2, Q3 fy19 financials, who will have the sales and marketcaps and who will just have the market cap? October 17, who can deliver? Whos R&D is today ahead of the curve? enough shameless cheerleading from me.
Question: 2:1 or 3:1 Split?
My thoughts are that the split is to have a better percentage retail ownership. 3:1 would make the pps very low compared to others, which could help the retail buyer ( although a very skewed perspective).
3.56M traded in 1hr 15 mins.
Hi Mr User. Ive been meaning to tell you this. In the last few days, Ive seen at least 4 brand new model x in the GTA, so Id say they are getting delivered. I really dont favor their design. I like the S design better. Ive read several reports about the energy sector planning on making less and less investments into mining more fossil fuel resources in the years to come. I assume the investments will need to be redirected for shareholder value. resources.
On the CC this morning Bruce mentioned being on the downside of the Bell Curve for Cap EX Ratio. I would assume that although there will be more expenses, the increase in revenues is what will lower the ratio, and the strategy is still growth to increase market share. Does the Cannabis industry look like the fossil fuel industry or, some other type of growth industry?
Theres a whole lot of shaking going on on this tree. Shorters want to make the $$ they missed on the way up. Some from this board have switched sides on other stock boards and are crying wolf. I have a sell target for a percentage of shares, to meet personal financial obligations. The rest I will hold based on fundamentals. The RSI on Many charts has been very very high, so this turn is no surprise. I just object to the justification of declaring weakness in the financials based on: getting ready for 10x + demand. If people would prefer they not get ready for the BIGGEST change in 5 or six generations? Perspective is much needed.
'It's pretty uneven': Canopy CEO on who is ready for pot legalization
Jun 20, 2018
https://www.bnnbloomberg.ca/it-s-pretty-uneven-canopy-ceo-on-who-is-ready-for-pot-legalization-1.1096252
Bruce is on to BNN.today. Gonna some interesting questions I think.
Those who know, know. or those who read between the lines can see the inference. Canopy is spending AHEAD of the market to be more than ready to execute. The only Company in EVERY province in Canadas provincial Distribution channel announced to date. Full Shelves. Not Half. Phase 2b insomnia trials.... Anyway RSI on the 5 day 10 minute is 25% , MACD is turned down, Triggers are crossed, Volume is high. So is the sky falling, or is this company on its way up?
3 Spectrum Strains on Sale now @ $6/ Gram, right after I put my order in at $8.50/Gram no less. 48 products on sale on The Main Street site. Looking well.
1. Ordinary Resolution – Omnibus Incentive Plan
To pass an ordinary resolution, the full text of which is set out in Schedule “A” to the Management Information Circular in respect of the Special Meeting (the “Circular”), ratifying, confirming, and approving certain amendments to the Corporation’s omnibus incentive plan, as more fully described in the section of the Circular entitled “Particulars of Matters to be Acted Upon – 1. Omnibus Incentive Plan”.
2. Special Resolution – Stock Split
To pass a special resolution, the full text of which is set out in Schedule “C” to the Circular, amending the Corporation’s Articles of Incorporation to divide the issued and outstanding common shares of the Corporation on a two-for-one basis, as more fully described in the section of the Circular entitled “Particulars of Matters to be Acted Upon – 2. Stock Split”.
For Against
------- Fold
For Against
See Sedar and open the latest company filings to see the PDF.
This was filed this morning at 0916 hrs. et
https://www.sedar.com/new_docs/all_new_pc_filings_en.htm
It is listed on sedar. The proxy and managers note. I guess the paper proxy’s can be expected in the mail shortly.
Ottawa to legalize outdoor cannabis crops
DANIEL LEBLANC PARLIAMENTARY REPORTER
CHRISTINA PELLEGRINI
OTTAWA AND TORONTO
PUBLISHED JUNE 26, 2018
UPDATED 9 HOURS AGO
FOR SUBSCRIBERS
https://www.theglobeandmail.com/politics/article-outdoor-cannabis-crops-soon-to-be-legal-in-canada/
Large cannabis producers will be allowed to start growing outdoor crops immediately, offering a new, cheaper source of competition to established indoor producers that have condemned the practice as unsafe for users and vulnerable to theft.
Until now, licensed producers of medical cannabis have grown their crops in greenhouses and indoor facilities. When the recreational market opens on Oct. 17, the only legal supply of cannabis will come from these facilities, where security is tight, the environment is controlled and every interaction with a plant is recorded on video.
However, new regulations the federal government is expected to unveil this week will open the door to commercial outdoor cultivation. While it is too late in the production cycle in most of the country to start outdoor cultivation this year, the new rules will be in place for next year’s production season.
Globe and Mail
Wo: for some reason, the article doesnt have a working link. Im checking again.
Thanks. I went to my mailbox earlier to see if I missed something. Should probably check sedar a little more often too.
R u 876 yardie canopy investor?
Shareholders Attention *
https://mobile.twitter.com/MSTraders_ca/status/1011686277840822272/photo/1
I’m concerned as to how leaks like this are happening before official press release! Otherwise, opinions.
450m share? $20pps?
Order #88731x Today, 12:40 est
Not that serious. I was trying and obviously failed to make a funny. We’re cataloging single order numbers for maybe a few grams to an ounce or two, but soon single orders (*From provincial and private Rec distributors) will be for kg’s at a time. I really need to work on my comedic delivery.
I was referencing order#’s on www.Tweedmainstreet.com , which is still a Medical Platform only, so it was all in jest. But ya, soon the Rec order#’s that we most likely will not be privy to will be for greater volumes than the monthly minimums prescribed to patients and the dollar averages reported by Health Canada. I can only imagine the fun to be had reading those statistics.
Many financial institutions were specifically not intending to invest in the Rec retail space until Legislation passed. It’s now been a total of 7 days/ 5 Trading days since that historic milestone. Is it logical to assume all those positions have been taken and finalized? I don’t think so.