i just came across this article-
( in no way am I trying to spam or promote this canopy company, but i'm just showing what can happen when a celebrity "rapper " like snoop dog gets involved with a MJ STOCK. if the mods. here feel this is inappropriate for our board, by all means, please do remove it, as it does not pertain to MJTK -YET-
Rapping presence:
Canopy Growth Corporation is one of the largest providers of medical marijuana in Canada. The company is best known for its Tweed brand of marijuana. For most of last year, Canopy Growth's market cap hovered around the $300 million level.
That changed on Oct. 6, 2016, when the company announced the Canadian commercial launch of the Leafs by Snoop marijuana brand with famous rapper Snoop Dogg. Canopy Growth's market cap surged over the next couple of months, surpassing $1 billion by the middle of November. Since then, the stock has given up some of its gains. The company's valuation is just below $1 billion.
Canopy Growth first forged a deal with Snoop Dogg in February 2016. Snoop's company, LBC Holdings, received cash, royalties, and shares of Canopy Growth as part of the deal. The Leafs by Snoop brand was already on the market in Colorado, but the agreement allowed Canopy Growth to bring it to the Canadian market for the first time.
