Canopy Growth (NYSE: CGC) (TSX: WEED) Insiders Sell 35 Million of Stock

Canopy Growth (NYSE: CGC) (TSX: WEED) Insiders Sell $135 Million of Stock –

Hi guys this is rich here i’m gonna have a rich tv live and canopy growth insiders have sold a hundred and thirty five million dollars worth of stock congratulations for all of you guys on this huge accomplishment you have just made your entire team independently wealthy beyond their imaginations this company is only four years old with the stock near an all-time

High eleven canopy growth on the tsx under the symbol w ee d weed on the new york stock exchange under the symbol cgc insider sold shares as the company’s financial 2019 q2 which is the second quarter was ending in september the sales come on the heels of the acquisition of canopy health and many followed options exercises in total insider sold two point zero

Eight million shares for proceeds of 135 million per data listed to see b dot ca wow look at these very lucky people john bell director so two hundred sixty-eight thousand four hundred thirty three shares at a price of $64 for seventeen million dollars wow david b gionee cmo sold ninety five thousand shares at sixty four dollars and fifty five cents for six million

Dollars murray goldman the directors sold 300,000 shares for 19 million dollars good old bruce linton ceo that’s a nice payday bruce nineteen point nine million dollars wow taking advantage of the high david price vp of international market expansion three point nine million selling sixty thousand shares tim sounder cfo you guys get it twenty four million for anima

Christopher’s the christopher snar director twenty two million dollars phillip share four million dollars that’s their chief legal officer peter string hema director six million rue wide singing a chief information officer million and mark zukerman co-ceo oh just five point nine nine nine million drop this ho everybody made a killing what do you guys think about

This this is breaking news everybody made a killing and what do you think about this views they just break it all down they tell you how they main it they got some of them got options some directors exercised options some of them were just selling shares co ceo bruce linton has sold shares several times over the past few years with the first sale made in june

Of 2016 when he sold 400,000 shares at prices ranging from 268 to 278 in march of 2017 he sold an additional 350 thousand shares at an average price of 1064 in december 2017 he sold 200,000 shares and an average price of $20 so you can see they’re selling at all these prices and of course to taking advantage of the high price why wouldn’t they write 135 million

Dollars raised by the dream team at canopy growth congratulations for everybody involved canopy growth a huge winner for the entire cannabis industry it is lebron james i said it was lebron james from day one i told you guys about canopy growth last year in january when there are like five six bucks they are up a thousand percent since then if you’re not winning