Replies to post #127836 on Canopy Growth Corp (WEED)

[lodas]

what optiions does Constellation Brands have if CGC files for chapter 11 restructuring to wipe out its debt? CB holds 38% stake in the company already, and has just made a multi million dollar loan to CGC from one of CB affilitiates?....recent article stated CB is not walking away from CGC, but will not infuse any more capital to shore up their stake....CB could let CGC file chapter 11, and take over the company if their stake is in preferred shares, or some covenants to the borrowing allows CB to be successor to CGC...passage of Banking reulations in the USA would allow CGC to sell equity and preferred stock, and or borrow money to ease their way out of their current situation....I am banking on the premise that Klein will sell off assets, downsize the company to get profitable, or CGC could be acquired by another company, say Tilray...Tilray recently acquired Hexo by buying their debt, and folding hexo into Tilray... Hexo shareholders were saved from being wiped out..Lodas

[Dogger05]

Anyone investing in canopy is a lunatic…I warned you from $1 down (actually since $76) that canopy would be bought out by stz at Pennies on the dollar. Well we’re are almost at Pennies, what i what happens next…but please don’t buy any more shares….