Replies to post #100810 on Canopy Growth Corp (WEED)

[happyglass]

I agree with your projection on the price but I belive the timeing will be earliee. I think they will have the next gen products legal by April or May. That gives 5-6 months of access before the eclections inOctober. They got elected on the promise of weed and their best chance of re-election is in execution. The guide lines for new products has already been released and is in the public consultation phase now. As soon as that is over (cant remember if it is 30 or 60 days) they will use their majority to pass it right away. It is one of the few election promises they have kept so it will be key to their success.

[Kflawn]

Let's say 10% per month growth. That means in 21 months reatail sales for all of Canada will be 216 million Ish


216 × 12 months = 2.6 billion. If cgc catches 10% its 260 million in sales a year


There's about 150 licensed producers