Canopy Growth Corp (WEED)

[MMPRuser]

I think CGC is an amazing corporation, amazing management, best brands in the business (except maybe in USA, but that is a complicated issue as to how the legal situations will evolve)

what I don't agree with is this idea that CGC is a buy at any price at any time - reasons used, because the cannabis market will be bigger in the future, CGC is a world leader, Tweed is a kick ass brand, feeding frenzy speculation at or near Canada legalization, international opportunities....

now those reasons have some weight, CGC most definitely has some intrinsic value....

but that is not to say it is a buy and long term hold at these prices....

really it comes down to this, for anyone that truly believes that this price right here right now is an amazing buy opportunity (*absolutely ridiculous IMO) I think the best anyone can do is get to the bank, get a second mortgage, credit lines, cash advances - sell your schit, ask people for loans - whatever - and put it all long on the WEED....

there are currently 191,809,281 outstanding shares.....world wide, if the combined population of humanity is willing to put up and keep well over $4.6 billion CAD dollars of capital tied up on $WEED than I will never be able to buy in at $23.99

I truly wish the longs the best of luck, but there does exist an intrinsic value of Canopy Growth Corp, future is unknown, infinite variables, all anyone can do is come up with an estimate....but I absolutely must disagree with people that will say that the intrinsic value of CGC is perpetually greater than the market capitalization of CGC....

do you have a target in mind, reasoning behind it?