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Bergycb

11/09/15 10:42 AM

#26735 RE: w1104 #26734

Oh i agree, long term, over the next 3-5 yrs, the trend is up. All imho. The way i see it is the market is a pricing mechanism for 6 months to a year out. And theres just no way the market had priced in a Lib majority parliament before the election (imo they might have priced in a Trudeau win but not a majority govt).So now all of a sudden, the business model for Canopy a year out looks VERY different. And for that reason the market is repricing CGC right now. It will be a very volatile and speculative process but you can see in the volume, a repricing is going on right now and it will continue for awhile....imo
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jokersmoker

11/09/15 11:05 AM

#26737 RE: w1104 #26734

With this PM we are definitely at the beginning of bull something,not necessarily a trend
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bobbity

11/09/15 12:58 PM

#26741 RE: w1104 #26734

Many more ups and downs to ride, still. Lots of twists and turns in the next several years as Canada figures out what do do with legal weed.
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jons245

11/09/15 10:40 PM

#26756 RE: w1104 #26734

If you think marijuana will be legalized anytime soon. You are going to be really disappointed. I am thinking at least 1 to 2 years before it happens.