Canopy Growth Corp (WEED)

[PennyStockInvestor]

Tweed's management put out a press release today stating that they granted themselves stock options at $0.89 per share, being the value at which common shares of the company were issued in connection with the recently closed qualifying transaction with Tweed Inc.

In my opinion the Tweed CEO and management are contributing towards the crashing stock price today. This was a foolish mistake. They should have show confidence in the company with insider buying at a higher stock price today. Then later down the road issued themselves stock options.