InvestorsHub Logo
Followers 2
Posts 506
Boards Moderated 0
Alias Born 12/23/2014

Re: borysek post# 121308

Wednesday, 11/25/2020 11:06:39 AM

Wednesday, November 25, 2020 11:06:39 AM

Post# of 128585
Canopy doesn't need to do anything spectacular. They've been very good at launching a large-scale public company in a budding (pun intended) industry with a huge reservoir of established black market demand. Canopy jettisoned their early-stage founders, brought in strong financial management and a much stronger executive team in terms of operations. All this matters, it isn't hype. It is simply how one builds a company. Think about companies like Bacardi, which went from smuggling rum to the U.S. during Prohibition, to being one of the largest liquor brands in the world after Prohibition ended. We are seeing similar market conditions today. Actually, looking at all Canopy has done, I'd say is has been quite spectacular. No hype, just facts.