thatsblatzphemy

$CGC<>WeedStocks<>ElliotWaveGrandSuperCycle<>WaveOne>LONG

Long
NASDAQ:CGC   CANOPY GROWTH CORPORATION
As title suggests this is the longterm elliotwave on CGC to take us to $1300 per share by ~2028.

We are currently commencing the wave 3 of the 3 of 3 of 3 of the long term Grand Super Cycle wave 1.

We can expect the most impulsive move in the history of CGC , weedstocks, and therefore the World over the next few weeks.

Comments

The points touch your trendline 3 times total... those are not trendlines by definition.
+1 Reply
What are you thoughts on APHA/TLRY?
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@BosTrader1, CGC has been my horse since Trudeau was elected. Yesterday was the next best time. I believe Constellation Brands will immediately consume CGC and bring under the STZ umbrella. And the STZ Management will subsequently leverage their distribution network to dominate the US market.

APHA doesn't have that kind of network nor connections. The fact APHA has been so eager to offload their company, is alarming to me. I have never held APHA for longer than a few earnings for 20-30% overnight gains.

I know STZ and their Management are best in class with a proven record of returning value to their shareholders. I also speculate CGC and other established CDN players, APHA included, will benefit more than US companies when Federal ban lfted due to the current fragmented bastardized local legislation that immediately become irrelevent once Federal legislation is passed. Some US players will not meet new regulation and requre massive capital to upgrade. So APHA will not be left in the dust by any means. Federal ban lifting will see all CDN players 1000% rev increases overnight as State by State scramble to secure supply deals just to stock the initial shelves and not miss out on $$$TAX
Reply
BosTrader1 thatsblatzphemy
@thatsblatzphemy, Appreciate the feedback. I totally forgot about STZ remaining warrants. I do think APHA/TLRY have an opportunity to compete with STZ seeing the relationship with AB InBev.. Either way, there's enough to go around.. Great win for MJ today! Cheers!
+1 Reply
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