DYOR ... CEO has questionable alignment with future of company - gets issued shares as part of STI... sells all of them basically on the 12 month anniversary... has a checkered history with a packaging company (Visy?).
Most of the real assets of Costa are actually owned by a Costa family run listed property trust... which charges CGC a rent + % of volume... Frank Costa has left the board... I think his brother (who runs the property trust is still there)
what Costa doesn't hold in their property trust (berries, oranges... think the mushroom location too), macquarie has in another fund (avocados) - all CGC has is LT rights to operate the locations.& the rights to operate under the Driscolls brand (who are now a substantial holder in CGC).
I hold, took part in the CR, have LT views as a good stock to hold - but there is definite issues with CEO and the way the assets are held and structured...
The CGC threads are full of the history as a starting point if you have the time to go through them
GLTAH... as much as some here are calling CGC a dog stock... it held up quite well on the recent sell off.
