Replies to post #105640 on Canopy Growth Corp (WEED)

[Mexico10]

Just profits.

[drivepact]

Why is it concerning?

[Demar]

Referring the Acreage deal:

"The game has changed again," said Linton. "This gives us a global platform with all key markets and still a lot of cash in the bank to do a lot more."

Also:

He added that he's approached six other U.S. cannabis companies for a similar transaction and talks are advancing with half of them.

https://www.bnnbloomberg.ca/canopy-to-acquire-acreage-in-us-3-4b-deal-gaining-major-u-s-footprint-1.1246560

[Darius Demian]

Read the news release. The deal is costing Canopy 300 million. The remainder happens through stock when cannabis is legal in US.