Replies to post #69732 on Canopy Growth Corp (WEED)

[MMPRuser]

you don't see any negative aspects to another summer without legalization? Let's be real here, this corporation has a book value of $6 at best, it has massive operational losses

any and all delays to legalization must decrease the true value of this corporation, that is basic logic, it is true and always will be true of any similar growth stock like this. Growth stock needs to grow or it isn't worth schit!

But what is worse, is every delay will dilute the competitive advantage that CGC enjoys as a first mover. This is another summer the illicit cannabis market can operate with impunity.

The risk grows and the upside shrinks with every delay, anyways that is how i see it, hope it works out in the end, but this stock cannot survive as is with medical....