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Post by trennam on Jul 25, 2016 9:33:59 GMT -5
EOM ... what else needs to be said?  |
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Post by mjlongg on Jul 25, 2016 11:13:25 GMT -5
What country will be next after Germany?
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Post by mjlongg on Jul 25, 2016 11:14:19 GMT -5
Next earnings will be first full quarter selling oils! Looking forward to seeing those financials!
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Post by mjlongg on Jul 25, 2016 12:56:34 GMT -5
Think Canopy is going to make another acquisition soon?
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Post by Medecine Man on Jul 25, 2016 17:29:56 GMT -5
"Being the first cannabis producing company in North America listed on a major exchange such as the TSX strengthens the sector and is expected to bring Canopy Growth to international institutional investors," said Bruce Linton , Chairman & CEO, Canopy Growth.
"The TSX is the stock exchange for Canada's banks and elite publicly traded companies, and we hope that the addition of Canopy Growth helps signal that the world's view of cannabis has finally shifted, starting right here in Canada ."
Added Linton, "This is a historic day for our Company, our sector, our patients and investors."
To celebrate this latest milestone, Canopy Growth's founding team and guests will open trading on the TSX on July 26 , 2016.
The market open ceremony can be watched in real-time at Youtube and on BNN television. An archive of the ceremony will also be made available at www.tsx.com/news/market-opens.
Press release TSX upgradePress release Germany
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Post by trennam on Jul 26, 2016 7:22:13 GMT -5
I'll miss the live stream today since I'll be out of town. (Hey it's Summer- I hardly have time to keep track of what's going on online right now.)
I do think they need to either expand even more or take over / partner with other LP(s) in order to meet increased demand on supply.
Rec. isn't even here yet and all the LPs still have trouble keeping up with existing medicinal demand.
Smart move to partner with existing companies in the countries that they go into. Less regulatory hassles and govt. red tape to wade through.
"Building on recent announcements in Australia and Brazil, Canopy has now partnered to bring its products, expertise and brands to four continents." - I love that quote in relation to the recent Germany pharmacy expansion announced on the same day.
For the next Q Financial report - even though I would like to see cash flow & revenue positive - I will still be ok with them being in the red because we can see where the money is going. They still have lots of cash in the bank. Chances are they might even do another round of financing shortly after the TSX uplist in order to load up the war chest even more for future expansion.
When the sticker does get switched over today I don't think I'll be able to do anything til tomorrow. My online trading platform sometimes takes a day or two to get things like this sorted out in their system. Not that it bothers me - I just want to see a sustained $5 and higher mark.
Then anything can happen after the initial run up. It can go up even more or get slammed back down... in any case I am raising my sell price on some of my shares. If it trips - then I'll take the profit and be happy with it.
Enjoy the ride - catch ya all later skaters!
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Post by mjlongg on Jul 26, 2016 16:06:38 GMT -5
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