Replies to post #127006 on Canopy Growth Corp (WEED)

[Bonno]

No reason to be more valuable than potatoes.
It,s artificial and it cannot survive.
Prices are dropping monthly as lpes are overgrown.
Doomed!!!

[awesomesound]

Canadians have lost more than $131 billion investing in cannabis companies:
Tell us how much have you lost with CGC ?
Don't tell me that you are in the Black because stock price hasn't been this low since the first few months

Canadians who invested in cannabis companies have lost more than $131 billion, according to data collected by law firm Miller Thomson, which calculated the total losses of 183 publicly traded and licenced cannabis producers.

It’s a staggering number that if broken down per capita would equate to each Canadian citizen losing about $43,000.

Larry Ellis, a lawyer with the firm, points out to CTV National News that he “doesn’t know of many Canadian investors who can afford to lose $40,000 individually.”

From high times to large swaths of an industry now going up in smoke, the money lost is just one example of the current state of the Canadian cannabis industry. Many are now pointing the finger at the federal government's rollout of legalization, while noting that the black market is thriving.
https://www.ctvnews.ca/canada/canadians-have-lost-more-than-131-billion-investing-in-cannabis-companies-firm-1.6156722