Replies to post #127685 on Canopy Growth Corp (WEED)

[Bonno]

You should have dropped 100k on day one and sold at 40$ like a smart invester.

Way too late now.

You won’t even find crumbs on that Ponzi. Lol

[lodas]

John, you are my kind of guy....fortune favors the bold.... I am sitting on about a 26k loss on CGC, but still in the game selling covered calls on my stock... not much, but, hanging in there while the bottom is taking place...like I said before, the only risk is BK at this point in the PPS...any good news will surely cause a rise in the MJ stocks, but slowly until the shorts start to cover and go long...when will that be?...probably when the Federal government legalizes MJ and takes it off schedule 1...in the news today, I see Boston beer is promoting a new MJ infused beer called "uncle Arnies"...both Tilray and CGC have been investing in other venues to seek profits elsewhere to stay alive while the MJ industry gets a solid footing.. remember, "it takes money to make money"... there are a lot of upfront costs for CGC to get to where they can sell an ounce of flower to the public...the headwinds to profit are prolific, what with taxes, regulations, and non banking avenues to attract capital...I am banking on Constellation Brands continue their support with CGC...will they?, I am not sure, as I do not sit in the inner circle of this venture....Lodas