Canopy Growth Corp (WEED)

[lodas]

JohnCM.......with Constellation Brands owning 28 % of CGC equity stock, and then a recent infusion of about 100 million dollars loan thru Greenleaf , and a recent announcement today that a loan was renegotiated by lenders of debt, and accepting equity shares with conversion rate at 0.55 cents in the future, the ball is in Constellations side of the court... what will they do, or allow?... will they accept chapter 11, R/S, or a buyout of CGC in which Constellation would lose most of the 4 billion dollar infusion they made in 2018...Linton was ousted as CEO probably because he was building out the company to fast and wasting Constellations resources...David Klein is from Constellation, and probably installed to downsize the company to become profitable...Klein is not to be blamed, if anything, Linton bears the stigma of CGC probable failure... if that happens... my sense is that CGC got the lenders to take a haircut on their debt instruments, by threatening chapter 11, in which case they would have lost money bigtime.....it appears that CGC is reducing debt for maybe an acquisition by another MJ company, such as the buyout of Hexo by Tilray which assumed Hexo's debt and gave Hexo shareholders shares in Tilray....Like I said... what is constellation going to do to protect their investment in CGC?..... AIMO, only... Lodas