Canopy Growth Corp (WEED)

[MMPRuser]

That is not accurate, he sold shares and warrants for the deal, to say the shares were worth $48.60 would be saying the warrants are worth zero, that would be saying there is a zero chance that $weed will rise above $50.4 for three years following the close of the deal.

Reality is those warrants have massive value, over $12 per warrants discount on the market valuation today...it's about $1 billion for the first tranche alone