Canopy Growth Corp (WEED)

[DrGreenthumb]

there are total 35 million available. roughly 12 million are held by the owners of the company and they wont be selling anytime soon as they are just getting started and they know the potential of the sector when legalization happens. So that leaves 23 million shares. These are being distributed by the underwriters who supply the funding for the project to move forward. There has been huge volume, 9 million on friday, 7 million yesterday, almost 5 million already today. Obviously there is some flipping going on there, but considering its a brand new company wich huge upside and we havent even seen an earnings report, i would say most are holding. How many shares do the underwriters have left to sell? your guess is as good as mine, but i would say considerably less than the 23 million they started with. After that it all a bidding war.