Canopy Growth Corp (WEED)

[Bonno]

The big cannabis playbook

- Issue/sell shares
- Stock falls under $1, prompting NYSE warning
- Consolidate shares, regain compliance
- Jump to Nasdaq
- Issue/sell shares
- Stock falls <$1, prompting Nasdaq warning
- Issue/sell shares
- Consolidate shares, regain compliance
...
Matt Lamers ????
@matt_lamers
·
2h
If cannabis doesn't work out, some of these businesses are well positioned to corner the wallpaper industry.

This play (sell shares then consolidate shares, on two major stock markets back-to-back) is called "the hexo"

"The company hexoed their stock on the NYSE and then the Nasdaq"
1:13 PM · May 3, 2022
·
28m
Replying to
@matt_lamers
This is beginning to sound more like white collar theft ring then a cannabis business.

·
27m
Nothing illegal is happening.