Replies to post #73817 on Canopy Growth Corp (WEED)

[Dbrown13]

I think this is still true “Canopy Rivers is a newly-formed and wholly-owned subsidiary of Canopy Growth focused on free cash flow generation and the aggregation of wholesale supply.“ https://www.newswire.ca/news-releases/canopy-growth-corp-establishes-and-commits-initial-funding-for-the-cannabis-industrys-first-streaming-and-stragegic-support-platform-canopy-rivers-corporation-620595533.html

[happyglass]

You are correct, I was underwhelmed too. I can see seeking private placement when canopy doesn't have the funds, another thing that is questionable to me is the medical arm. I am still in because even with the big money taking the prime stake I feel there is enough for all of us. The instant they "separate" into different companies or start showing tweed as unprofitable when the other two are going gang busters I will reconsider. So far in my opinion Canopy has been the least self serving compared to some other options in this space