Canopy Growth Corp (WEED)

[MMPRuser]

another way to put it, CGC sold 71% of the corporation to private investors, it started with our name, our employees - when it started its main value was that it was associated directly with Canopy Growth corporation, they sold out shares to private investors

I just didn't like that move, you are a public corporation - and what that means is my shares are every bit as good as your shares - equity in the corporation....so if you take a fat slice of our potential business activity and put it into a separate private corporation and dilute our ownership of it - sell off 71% of it.....

Canopy Rivers was created in some meeting room on paper, it was a artificially generated middle man created to use our reputation and our access to a cannabis market and leverage that into a specialty finance operation and they sold it off to private insiders cheap.

Think of the business plan - use CGC reputation to raise money, lend money to cannabis operation in exchange for cannabis, sell the cannabis to CGC -

why is that a separate company? Because that 71% got sold off cheap, it is not a separate corporation to create value, it is a separate corporation to transfer value.