Correct;elementary my dear sailor. your perspective is one with grit and merit. The "fizzle" is compared to the market attention and expectations leading up to the senate vote. and afterwards. But... the House vote on the other hand, once the bill is approved, royal ascension, To Da Moon! My wife keeps on mentioning the GWP POP! Id rather some steady SP movements today, than any wild swings leading up to ascension. Afterwards, its a different world.
* Note: The first orders for rec should start showing up in q2/q3 FY 2019.The bulk orders to fill the provincial shelves that are ready and the online sale to provinces that are ready. So that quarterly report in November should be quite interesting. A look back at the price history in past few Novembers look something like 3.60-13.60-30.60(not exact)...(November 2019, post legalization?)
Ive heard alot of criticism on here about cheer-leading this Corporation. Full Disclosure, I own a few Shares in Canopy and for many , many reasons, Im very glad, and proud to do so. Ive seen some names here over 4 years! Folks that have put in HUNDREDS of hours of Due Diligence research and posting to this board. Not to Cheer-lead, but to super slooth, and sniff out the real deal opportunities here. This a tipping point in history, and neither the industry nor the Corporation need our cheerleading. Prohibition is Going TIMBERRRRR!
Folks can go ahead and review the merit of the ihub news feeds here. The debates and reviews. the information thats being published in Institutional reports and on popular Cable TV broadcasts today, has been layed out here, thoroughly, for 4 YEARS. So the folks just showing up yesterday with a bag of coals to share, good luck. Ill consider the popular conservative institutional analysis of 1 full year of rec sales, maybe, when the time comes because i think the money movers will have a little more clout. And even Then...GLOBAL DE-REGULATION... just when you think its over, its just begun. the pundits are comparing Canada's estimated market for Cannabis to market caps, failing to acknowledge Canopy is NOT just a domestic corporation. What happens when more dominoes start to fall? G7,6,5,4,3,2,1, and Canopy is Represented Globally. Id like to hold 1K shares when that happens. So lets see what that will look like.
