Canopy Growth Corp (WEED)

[lodas]

John CM....realize that the short hedge funds can move the price of CGC any whichway they want...the market pundits created the buzz around the MJ stocks years ago and pushed the price up to high heaven with no meaningful earnings... now they flood the news with a plethora of lawsuits with no lead plaintifs to cause massive selling to outrageous lows.. yes, some of these companies deserve to be swatted down , so too CGC... however, CGC has some good assets and seem to be going in the right direction from here... the bad news is out, balance sheet to be cleaned up, and they still have cash to weather the financial burn rate... I think Klein is trying to find a way to make earnings while the government is sitting on its duff to legalize MJ... even the banking act is being delayed... so Klein is forced to find other venues to keep the company from going under and bleeding... will Klein succeed while waiting for legalization in the USA?...my sense is that CGC will be a survivor, or absorbed by another company...so yes.. "we will see"....the bleeding of the price will stop when the short fund MM get their fill of stock and move on to other venues... remember the hype in bitcoin?.. then A.I. ?... Lithium? MJ stocks are just another victim of these short hedge funds...Lodas