Canopy Growth Corp (WEED)

[MMPRuser]

Friday....it is easy to dismiss someone with a joke. However, there are some valid concerns about what is happening out in BC. They have some massive greenhouses that they bought with WEED shares (otherwise known as your equity)

https://www.newswire.ca/news-releases/canopy-growth-acquires-outstanding-shares-in-bc-tweed-joint-venture-687383151.html

so I was thinking, how much did they pay for those glass boxes, wanted to look at it in terms of current share value, need the amount of shares, and I realized that on July 5th, they announced this deal, but they don't tell us how many shares for the last 33% - it is

has issued $374 million worth of shares in the Company to the minority shareholders of BC Tweed (the "Operators") based on the volume weighted average price per common share for the 20 trading day period ended May 11, 2018 (the "VWAP").

during that time (May 11th and the 19 days before) they traded consistently around $30, so that $374 million in stock they paid for the last 33% of a couple of glass boxes is now actually worth more than $750 million on the market right now. Putting a valuation of about $2 billion dollars CAD for the BC Tweed Corporation.....2 months ago

and they got problems? that doesn't look good to me