I think that STZ is the best investment to be made in cannabis at this time, at these prices....the great thing about STZ is that is produces steadily growing earnings, dividends, etc....it continues to grow....and it is using those earnings and its access to low cost finance to invest in Canopy Growth at low prices, and buy back its own stock at low prices....
this is great management....buying up Canopy Growth Corp when it was $13.00 a share, buying a bunch up at $48.60....but the best is the warrants....this is beautiful, and you all don't even see what is coming, laughable - WEED will drop below $50 CAD in the future, where is the WEED at? Where you go to buy Weed in one week? Quebec won't be ready to sell me Tweed buds, will they?
Can I use my WEED money on Tweed next week, I am in Canada....it will be legal? How should I do that? My prediction is sometime in the next three week or even three months, STZ is going to outperform WEED....it could be legalization, the official closing of the deal, maybe a piss poor roll out of legalized cannabis across the board..
I get my bud from the internet already, cheap and easy - and all the dealers do it too, its this big vast underground network fueled by Interac and the postoffice and websites and emails.....strike down one and two more pop up, shut down one method and they invent another - black market is here to stay around a while.....
STZ is a solid blue chip dividend paying beauty that would look alright WITHOUT low cost access to more than half of Canopy Growth - STZ OWNS CGC, Canopy Growth Corp is a subsidiary!
got to love all those warrants, going to make STZ shareholders rich while diluting WEED....over the next three years the sharecount will balloon to over 500,000,000 weed shares....before a split....
i got out while the getting was good, still, I keep 1000 WEED shares for old time sake, but I love to see it's market price drop
Buying low, selling high is a tough way to make free money, this is easier.
