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Re: Dbrown13 post# 73837

Thursday, 04/19/2018 1:29:03 PM

Thursday, April 19, 2018 1:29:03 PM

Post# of 128687
the idea of a Canopy Rivers spinoff just doesn't make sense at all to me, and let me explain to you why....

you would think the CGC Board of directors must and always will act in the best interest of WEED shareholders...

and if that is the case, the only time they would sell a part of our corporation is when they are receiving more value than they are selling...

like if Rivers had an intrinsic value of $100 million, then I would expect them to sell it only at prices above a $100 million valuation.

Now this same board of directors has majority voting rights for Canopy Rivers, so effectively they control the board of directors of Rivers...

the Board of Rivers should only act in the best interests of River shareholders, but a major owner of Rivers is Canopy which controls the Rivers board....

so I just don't see how any change can happen without there being a major conflict of interest....

when Rivers raises money from private investors that is the same as Canopy Growth Corp divesting our interest in Rivers...but Canopy Growth Corp adds money to it later, adds our capital back into it....

I mean come on people!!!!


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