Dec. 14 at 2:31 AM
$CGC NOT ADVICE JUST MY THOUGHTS! From what I can see and I may be wrong. BUT, I think
$CGC may hit
$10--
$15 off the initial pop.
Let's say President Trump reschedules on Mon.
Talks about Medical uses and Medi-care coverage.
Announces De-scheduling committee.
Talks about Jobs and Tax rev.
280 E and the effects on the bottom line.
at this point Canopy can use the financials from CanopyUSA (WANA, ACREAGE) on their balance sheet. (Will add roughy
$330 Million to bottom line after 280E)
I know what happened in April of 2024 is no indication of what will happen now and I'm NOT GIVING ADVISE. But we had under 100 mill shares, Now we have 330 million (Roughly) SO when it hit
$14 that would be roughly
$4.60 with todays float. That was just off news that talks of rescheduling were underway. If it happens you would think It would trade for 2 or 3 times that amount for at least the short term.
AND
The Supreme Court agrees to hear Canna Provisions v. Bondi.
Be a good monday!