Canopy Growth (WEED) – Structure and Current State 02/18

There is a ton of moving parts in this. I think Blue called it an octopus. An understatement in my view. There are definitely tentacles though. Lots of them. And yes, octopi don't have tentacles, they have's a figure of speech :)The optionality and contingencies littered throughout the financials - all in 4 point calibri - reveals extremely complex statements and a financing model equivalent to having an elephant on the other side of a teeter-totter.I didn't think I'd ever say that ACB was fun to do, but compared to this, it was. $40MM in G&A in the last quarter alone, with $19MM…

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