Replies to post #25078 on Canopy Growth Corp (WEED)

[OnlyGoLong]

Agree with a lot of these points but $2.05?? 20% discount is the unfortunate part short-term

[Wo]

I'm not sure this is a bad thing either. 12mil dilution to be ready for a potential 100x multiple is market cap? Seems like a good move. That would bring us to 92 mil common share?

If the dilution is gonna hurt your book value, then sell at the bid this morning. $2.50.

But the market investors may see this deal as one step back one hundred steps forward.

Trade accordingly

[YodaLayHeHoo]

I hope you're right but if it was to buy something I think it would have been a lot more money rised. 12 mill isn't going to buy anything look how much the other LP sold for this week. 23 mill for a tiny company. It's to keep them a float until they reach profit.