Replies to post #58431 on Canopy Growth Corp (WEED)

[MMPRuser]

I don't know - I can't think of anything positive about another 3.1 million shares being printed. I got over 179 million shares fully diluted now.

the absolute worst is the 1.6 million in 6 year options to buy with a strike price of $8.18. No risk, but they tax any potential upside.

Honestly I think they are just giving this investor a chance to average down

what is up with this

Goldman Holdings Ltd., a company controlled by Canopy Growth board member Murray Goldman, also agreed to enter into a Securities Lending Agreement with the investor to provide free-trading shares in exchange for shares acquired in this Offering which are restricted from trading for a period of four months from the issue date

Murray Goldman (or someone) gets free trading shares in exchange for restricted shares....sounds like retail investors getting screwed over - they sold all the $9.70s, they are just buying them back - good strategy right there

[Darius Demian]

There are no negatives to this placement. No warrants, fees, and essentially no discount to yesterday's close.