JakBqk
1 week ago
Thanks for the reply borysek,I was just curious what's been going on.
I held twmjf stock for a couple years then it became CGC. Played the pumps accordingly and then watched it steadily decline into hell after that.. I held a tiny position afterwards, until the reverse split news,and sold for a small loss before that happened.
I remember DK saying years ago , profits next quarter ,next quarter ,next quarter and evidently he still can't do it. I eventually lost interest in the company and after almost 8 years , I took it off my watchlist.
I feel bad for all the people who lost jobs because of CEO incompetence.
I agree with your statement.
A look at the CEOs past and present decision making just proves he has no clue how to run a weed business.jmo
awesomesound
2 weeks ago
I have been following, I post everyday to try and inform everyone that S3 has nothing to do with commercial weed and that S3 drugs are dispensed by doctor prescription, and Trump verified in his acceptance memo, it means nothing for commercial weed and will only support the medical testing, research. Just as Trump stated in his acceptance memo.
chrome-extension://efaidnbmnnnibpcajpcglclefindmkaj/https://www.deadiversion.usdoj.gov/schedules/orangebook/c_cs_alpha.pdf
The 2 states that were first too legalize CA & CO are now recriminalized cannabis and banning the selling buying. of cannabis.
Governor Newsom announced emergency regulations to ban THC-containing hemp products and create stronger state protections to safeguard California’s children from the dangerous effects of unregulated THC.
https://www.gov.ca.gov/2024/09/06/governor-newsom-issues-regulations-to-protect-kids-from-dangerous-and-intoxicating-hemp-products/
Oregon Law Recriminalizing Simple Drug Possession Takes Effect On Sunday
Both are the product of House Bill 4002, which state lawmakers passed this year after fentanyl overdoses killed about 1,400 Oregonians in 2023, up from 280 in 2019. The bill recriminalizes possession of small amounts of drugs, while prioritizing recovery instead of jail time.
https://www.marijuanamoment.net/oregon-law-recriminalizing-simple-drug-possession-takes-effect-on-sunday/
doomed
1 month ago
Klein’s growing moldy bunk days are over…
Canopy Growth Announces CEO Succession Plan
Doomed
August 16, 2024
ImageCanopy Growth Announces CEO Succession Plan
Canopy Growth Announces CEO David Klein’s Retirement After Transformative Tenure, Search for New Leadership Begins as Company Focuses on Continued Growth and Profitability.
Canopy Growth Corporation (TSX: WEED) (NASDAQ: CGC) announced today that CEO David Klein will be retiring at the end of the company’s fiscal year on March 31, 2025. Until a successor is named, Klein will continue in his role, focusing on advancing Canopy Growth’s strategic objectives, including profitability, and ensuring a smooth transition for the incoming CEO. The Board has initiated a comprehensive search process to identify a candidate with the skills and experience needed to lead the company into its next phase of growth.
Klein, who joined Canopy Growth in January 2020, has been pivotal in transforming the company into a leaner, more focused organization🤣.
Under his leadership, Canopy Growth adopted an asset-light model in Canada and international markets, including Germany, and launched Canopy USA, giving shareholders unique exposure to the U.S. cannabis market ahead of federal legalization. His tenure is marked by the recent first-quarter results for fiscal year 2025, which showed a 67% increase in gross profit year-over-year and a consolidated gross margin of 35%, reflecting the company’s improved financial position.
Klein expressed his gratitude to the Canopy Growth team and shareholders, emphasizing his commitment to driving the company toward profitability in his remaining months. He stated that his experience at Canopy Growth has reinforced his belief in the power of cannabis to improve lives and that he is confident in the company’s future.
David Lazzarato, Chairman of the Board, praised Klein’s leadership, noting his instrumental role in the company’s transformation and the establishment of Canopy USA. The Board remains committed to appointing a new CEO who will continue to drive Crappy Growth’s ambitious vision, ensuring that the company remains a leader in the global cannabis market.
This leadership transition comes at a crucial time for Canopy Growth as it continues to strengthen its position in the competitive cannabis industry.😂