Hi Cjv.
You are correct about news coming out last week. It came out late Thursday, but I personally don't think the market caught up to it until today. That's because of Black Friday in the US and all. I believe once people realized what happened it reflected on the outcome of today.
My opinion on the TSX ruling.......I'm not sure that some of this news that keeps coming out isn't a ploy. Most of the news is recycled from older news but it plays into the fears of some investors. Why? I don't know. Maybe they're not smart enough to read the dates on the page or they are just pre-disposed to believing this stock is going to drop. One thing is for sure, there is no material predictability to anything the TSX says right now.
Yes, this stock is worth doubling down on. The only thing I don't like right now is that I believe the share price is at it's maxim for now. It could go higher for sure but it'll have to justify it.
One thing I'm absolutely not concerned with is that when all of these international investments start reporting (middle 2018?) not only will this share price be justifiable, but it could be 2.5 to 3 times it's current value...easily.
If you project 3 years into the future....holy moly. International behemoth.
I have an equal footing in Canopy, Aphria and Aurora, but, all for different reasons. I like Aphria on the international market best right now. That's why I believe Aphria is calling the TSX's bluff on delisting.
Now, you put Canopy as part of the delisting (no one has, I'm just referring to their ties with the US company Constellation)......not a chance. No chance the TSX let's 2 of the biggest players in the world walk away. Hundreds of millions walk out the door with them. No chance.
