Canopy Growth Corp (WEED)

[OnlyGoLong]

Definitely an interesting week, share price stuck in the mud while the sector takes off. I agree with you and I think the market does too - the $25 mil private placement seems like a favor to a friend and slap in the face to long-term investors. Would really like to know why it was deemed necessary.....considering they purchased another late stage LP with stock and not cash??? Add-in the fact that current revs are probably under $20 mil this quarter with supply shortages....then the market can justify the short-term bearish sentiment....

That being said, if history repeats itself again we will all be happy. Canopy has a way of timing their news with other industry developments....and I really think it would be terrible not to own canopy April 10 - April 20th. Legislation news compounding with likely canopy PR's AND general cannabis market excitement due to 4-20.....

Waiting on Vert license, goldman grows and all potential developments in Germany, Australia, Brazil or Israel....

We've been disappointed in the share price before - but with that disappointment comes the biggest reward when this thing goes parabolic again.