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Re: borysek post# 125863

Tuesday, 04/26/2022 3:19:03 PM

Tuesday, April 26, 2022 3:19:03 PM

Post# of 128586
I have not had any Canopy since $60 when they gave their best advertiser the boot. I have been watching them from the sidelines since then. They still have a lot of IP and seem to be serious about the beverage side of the business. They have been taking the write downs on “goodwill” and they are a good size in the US and they talk of using the Acreage assets once the US finishes tripping over its own feet. They really are well positioned for the long run. I mean long. I am just not sure if they will take it over under Constellation Brands or leave it as a stand alone. The Constellation price will drop if they take them over and I think there is still farther to fall here, just wondering what others who are familiar with this company’s history think is likey.

Anything I post is my opinion only and subject to change on a whimsy