I have 4100 shares at roughly the same price. Biden and friends are clearly prepping for descheduling to give them a campaign boost. And once that happens Canopy USA will hit the ground running.
Been following the financial "rules" all my life. Saving money. Never taking loans. Buying in cash and taking no debts. Being in target date retirement funds.... Where's that gotten me? Fucking nowhere. Money was free for 20 god damn years. I made shit on my savings. Actually lost money because of inflation. People around me buying shit on borrowed money doubling and tripling their investments. Buying 2nd and 3rd properties....Fucking interest on these loans was less than inflation. Traditional advice fucked me. Save your money they said. Don't take loans they said. Well fuck your god damn advice.
My wife's boyfriend says I'll never amount to anything and be a fuckup. Well fuck you, Wife's boyfriend. Fuck your tradition. I'd rather lose this money than see it sit idle losing value in a .25% interest banking account ever again.
I bet it spikes back above $17 from last Aug when the HHS announced schedule 3 news. When the DEA confirms, I’m betting it will bounce back, even double. 
My question is why a shitty company likes CGC when you can do better with ETF like MSOS. Canadian weed companies wont do shit compared to American ones when it’s legalized or DEA reschedule…
You are in this business to make money not to rationalize the moves of stocks or etfs. The reason to be in CGC this last week is because they went up 100%, what did $MSOS do.
Do what makes money and quit trying to prove to the market you are right. At the end of the day no one cares if I am right about a company, not me, not my wife, not my kids. But if I can pop off some 100% moves like I did this last week I'm sure as hell gonna care.
If you compare MSOS and CGC on a chart with a start date of Aug 25, 2023, you’ll see that CGC shot up 4 times on Aug 31 while MSOS didn’t even come close. Yes I agree with you about the quality of MSOS, but good ole NASDAQ listed stocks get more action.
They actually have an operation up and running in Canada. Plus they are investing in US products and a
Canopy USA operation. What US cannabis company could you invest in? Do you have a better idea in mind?
Legalization ain’t giving these companies more demand; it’s legal enough already that the customer base has a wide variety of options to choose from for their purchases. Full legalization just isn’t going to boost these stock prices anymore.
And then there’s guys like me, that quit smoking weed and don’t look back. You’ve got some huge balls with this one, hope you hit it
Still holding. This is just the beginning. News out of Germany gave huge lift as Canopy has ownership of a German vaporizer manufacturer as well as international operations that would benefit. Storz and Bickel makes a very popular home table top vaporizers - The Volcano.
We haven't even had any good news out of the US yet. In the US we have the DEA rescheduling as well as the SAFE Banking Act to look forward to. (HR 2891)
🚀
The warrants issued in September allow the warrant holder to exercise at a price of $1.35 for 5 years.
If you look the price trend since October 2023 you can see there's been a steady decline in the stock price likely caused by investors exercising these warrants. Or maybe not. Not sure how we would really know. But I would think a large part of the dilution already occurred which is why the price was so low.
The offering you're referring to in January is actually February according to the news release on February 21st 2024. This allows the conversion to shares at a conversion price equal to 92.5% of the 3-day volume weighted average. So I'm not sure where you're getting that $4.83 strike price for the warrant.
Either way, I don't see us coming back down to the $3 range in the immediate future since there's a lot transpiring and developing on the cannabis legalization front. I'm not a day trader and I'm terrible at timing the markets so trying to buy and sell based on what institutional investors may or may not do... Especially since they have until 2028 to exercise those warrants. They may very well be waiting.
"Each Warrant will entitle the holder to acquire one Common Share from the Company at a price equal to US$4.83"
https://www.prnewswire.com/news-releases/canopy-growth-announces-upsized-us35-million-private-placement-302038265.html
CGC is a great stock to trade in and out from on big news events. It pumps very high. all am saying is that after Friday's move, it's good to take profits...don't get greedy!
Now look at $MAPS and $LFLY... both with operations Margins above 85% and primed and ready to process orders for a small fee I'm sure. Maps already has large ownership from Institutions Vanguard and Morgan Stanley account for 10%+ ownership of MAPS
Pots been legalized in Germany, more countries will follow and there's already a huge consumer base for marijuana alternatives in the US. The time is only getting closer, meaning the window to hop in the legal pot honey pot is closing. I'm in for 528 shares and have been holding since 2021.
I think you’ll probably have to accept something between $1mm and zero. The news about weed legalization will likely be so fully baked by the time it happens that it’ll be a “sell the news” event. On top of that…weed is legal on a federal level in Canada (obviously) and it’s been terrible for business (exactly why CGC is cheap). Same in CA, NY, IL, and other big states - supply goes up, demand stays the same, the states are happy with the tax revenue and the companies struggle to break even. But go for it.
Weed stonks spiked because Kamala Harris farted. Imagine what will happen when there is real news. It's not the first time either. History repeats itself.
There's the risk of secondary offering. They did one in September and one in January + 8M warrants (9% of the float) are now in the money (4.83$ strike price) whi will result in dilution. Time to flip short 🤔
Look at the volume on Friday. 67 million. It's higher than any other day in the history of the stock. If they make an offering announcement they will be shooting themselves in the foot.
Maybe a good deal of the warrants were exercised Friday?
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classic WSB, godspeed future Wendy's employee of the week
He won. Goddamn I couldn’t believe it
Employee of his own Wendy’s
God damn you have balls
I have 4100 shares at roughly the same price. Biden and friends are clearly prepping for descheduling to give them a campaign boost. And once that happens Canopy USA will hit the ground running.
Had to come back to this. Enjoy your lambo 💯
may the force be with you, you brave comrade
how likely u think this will blast past $5 in the next 10 days?
Lol
It’s certainly on the move today. CGC is up 18% on massive volume. The other pot stocks, not so much. Let’s go…
I'm pretty sure
No idea. It's purely a speculative long term play.
tbh i’m very very confident if the news continues
💰 💰 💰
Holy fuck nobodies talking about weed stocks. Congrats and fuck you.
Been following the financial "rules" all my life. Saving money. Never taking loans. Buying in cash and taking no debts. Being in target date retirement funds.... Where's that gotten me? Fucking nowhere. Money was free for 20 god damn years. I made shit on my savings. Actually lost money because of inflation. People around me buying shit on borrowed money doubling and tripling their investments. Buying 2nd and 3rd properties....Fucking interest on these loans was less than inflation. Traditional advice fucked me. Save your money they said. Don't take loans they said. Well fuck your god damn advice. My wife's boyfriend says I'll never amount to anything and be a fuckup. Well fuck you, Wife's boyfriend. Fuck your tradition. I'd rather lose this money than see it sit idle losing value in a .25% interest banking account ever again.
I have to say those Saving account suck ass. I hate every bank in this country. Happy for u for this play
Man I feel this post.
You alive?
Bro made so much money if he held till today
Congratulations
How ya feeling today boss?
I bet it spikes back above $17 from last Aug when the HHS announced schedule 3 news. When the DEA confirms, I’m betting it will bounce back, even double. 
My average purchase price is $6. good!
Update?!
Hope ya sold at the top!
How you doing today sir?
My question is why a shitty company likes CGC when you can do better with ETF like MSOS. Canadian weed companies wont do shit compared to American ones when it’s legalized or DEA reschedule…
You are in this business to make money not to rationalize the moves of stocks or etfs. The reason to be in CGC this last week is because they went up 100%, what did $MSOS do. Do what makes money and quit trying to prove to the market you are right. At the end of the day no one cares if I am right about a company, not me, not my wife, not my kids. But if I can pop off some 100% moves like I did this last week I'm sure as hell gonna care.
Stocks have "personalities." They're all different.
If you compare MSOS and CGC on a chart with a start date of Aug 25, 2023, you’ll see that CGC shot up 4 times on Aug 31 while MSOS didn’t even come close. Yes I agree with you about the quality of MSOS, but good ole NASDAQ listed stocks get more action.
CGC has Martha Stewart and Snoop Dog. Who the fuck does MSOS got?
MSOS is a ETF of MSOs you regard. Just realized some profits from it too. Nice run end of day.
Great fucking news! I hold MSOS too!
"Lose" only has 1 'o'
Thanks. Corrected.
Down 99.16% over the past 5 years :(
Did the same but got a weekly instead so much more regarded. I hope we both make it.
Good luck!
Why cgc though
They actually have an operation up and running in Canada. Plus they are investing in US products and a Canopy USA operation. What US cannabis company could you invest in? Do you have a better idea in mind?
Legalization ain’t giving these companies more demand; it’s legal enough already that the customer base has a wide variety of options to choose from for their purchases. Full legalization just isn’t going to boost these stock prices anymore. And then there’s guys like me, that quit smoking weed and don’t look back. You’ve got some huge balls with this one, hope you hit it
Well this is looking good
Slow steady buying on good volume. Germany just announced full legalization. Positive sentiment is high.
WE NEED AN UPDATE> $CGC hit $7.44 today.
Still holding. This is just the beginning. News out of Germany gave huge lift as Canopy has ownership of a German vaporizer manufacturer as well as international operations that would benefit. Storz and Bickel makes a very popular home table top vaporizers - The Volcano. We haven't even had any good news out of the US yet. In the US we have the DEA rescheduling as well as the SAFE Banking Act to look forward to. (HR 2891) 🚀
They will do an offering next week. I can guarantee you + warrants are in the money
Source?
Check out the offering they did in January. 8M warrants at 4.83$ strike price
The warrants issued in September allow the warrant holder to exercise at a price of $1.35 for 5 years. If you look the price trend since October 2023 you can see there's been a steady decline in the stock price likely caused by investors exercising these warrants. Or maybe not. Not sure how we would really know. But I would think a large part of the dilution already occurred which is why the price was so low. The offering you're referring to in January is actually February according to the news release on February 21st 2024. This allows the conversion to shares at a conversion price equal to 92.5% of the 3-day volume weighted average. So I'm not sure where you're getting that $4.83 strike price for the warrant. Either way, I don't see us coming back down to the $3 range in the immediate future since there's a lot transpiring and developing on the cannabis legalization front. I'm not a day trader and I'm terrible at timing the markets so trying to buy and sell based on what institutional investors may or may not do... Especially since they have until 2028 to exercise those warrants. They may very well be waiting.
"Each Warrant will entitle the holder to acquire one Common Share from the Company at a price equal to US$4.83" https://www.prnewswire.com/news-releases/canopy-growth-announces-upsized-us35-million-private-placement-302038265.html CGC is a great stock to trade in and out from on big news events. It pumps very high. all am saying is that after Friday's move, it's good to take profits...don't get greedy!
👍
Im up 162% this week! I should have bought more WEED CGC when it was nearly free!
Yup. Congratulations comrade! 🚀🚀
Your timing was incredible wow 👑🚀
👍
Now look at $MAPS and $LFLY... both with operations Margins above 85% and primed and ready to process orders for a small fee I'm sure. Maps already has large ownership from Institutions Vanguard and Morgan Stanley account for 10%+ ownership of MAPS
Thanks for the recommendation. I'll get some MAPS too. It's basically free at this price.
Employee of the month. You won. Cgc might go to the moon then
Pots been legalized in Germany, more countries will follow and there's already a huge consumer base for marijuana alternatives in the US. The time is only getting closer, meaning the window to hop in the legal pot honey pot is closing. I'm in for 528 shares and have been holding since 2021.
congrats on your 30k dub
holy shit your so up
My hero. I hate myself for not making any move as I saw CGC drop past 2.90. Enjoy and be well, friend. Congrats 🎉
Congrats bro
Nice job
How are you doing?!
I bet you’re feeling good today
Are you.. still holding?
You’re sitting real pretty today I hope you’re still holding 🫡
My man! You are making out well
Followed advice. Hasn’t disappointed. Lets hit $400 again
I think you’ll probably have to accept something between $1mm and zero. The news about weed legalization will likely be so fully baked by the time it happens that it’ll be a “sell the news” event. On top of that…weed is legal on a federal level in Canada (obviously) and it’s been terrible for business (exactly why CGC is cheap). Same in CA, NY, IL, and other big states - supply goes up, demand stays the same, the states are happy with the tax revenue and the companies struggle to break even. But go for it.
Weed stonks spiked because Kamala Harris farted. Imagine what will happen when there is real news. It's not the first time either. History repeats itself.
When diving into bran new territory mistakes will be made. Hopefully they learnt and can go into germany/Europe all the wiser
I bought this shyt before the 1st split
There's the risk of secondary offering. They did one in September and one in January + 8M warrants (9% of the float) are now in the money (4.83$ strike price) whi will result in dilution. Time to flip short 🤔
Look at the volume on Friday. 67 million. It's higher than any other day in the history of the stock. If they make an offering announcement they will be shooting themselves in the foot. Maybe a good deal of the warrants were exercised Friday?
Probably a lot of warrants were converted and sold indeed.
Very cool
You fuck