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Thursday, October 22, 2015 1:19:54 AM
So what happens then? Canopy has strode to be the major dominant Growth platform, True Canadian Entrepreneurship... It's costed investor capital and dilution, and may not yet be sufficient in scale to satisfy the coming tsunami recreational cannabis market.
So does Canopy take another significant step towards scale and value added production capacity...say pre rolled joint packaging if that market presents itself, either with cash , or another bought deal financing? Or do they belly up to the largest bidder from the unimaginable international money that almost certainly will be rearing its inflated head to buy out or compete incessantly?
We've already seen the ridiculous valuation paid for Hypothecary (I think it's Hypo. Can't remember as I'm typing)
Or do investors here keep on punching above their weight with the super dynamic team that is the Canopy Board of directors? That is the question of our Country isn't it? Can Canadian corporations compete within its own market against international prospects and international dollars in the same industry right here at home?
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