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Canopy Growth Corp CGC


Primary Symbol: T.WEED Alternate Symbol(s):  T.WEED.DB

Canopy Growth Corporation is a cannabis and consumer packaged goods (CPG) company. The Company delivers innovative products with a focus on premium and mainstream cannabis brands, including Doja, 7ACRES, Tweed, and Deep Space. Its CPG portfolio includes gourmet wellness products by Martha Stewart CBD, and vaporizer technology made in Germany by Storz & Bickel. The principal activities of the Company are the production, distribution, and sale of a diverse range of cannabis and cannabinoid-based products for both adult-use and medical purposes under a portfolio of distinct brands in Canada. Its Canada cannabis segment includes the production, distribution, and sale of a diverse range of cannabis, hemp, and cannabis products in Canada. Its Rest-of-world cannabis segment includes the production, distribution, and sale of a diverse range of cannabis and hemp products internationally. Its Storz & Bickel segment includes the production, distribution, and sale of vaporizers.


TSX:WEED - Post by User

Post by lou64on Apr 19, 2024 10:47am
327 Views
Post# 35998002

Forecasting any profit

Forecasting any profit

After news of Constellation sheltering their shares and the news of canopy turning a profit not until 2028 ???

Canopy Canadian market share shrinks and sales have fallen ... Leads one to believe that management and Constellation will MILK the Canadian division dry and DILUTE the living bejesuses and then BANKRUPT the Canadian division !!!

American legalization is years off beforeConstellation can profit of the American division and this leaves their shares dormant and sheltered from the chaos of the Canadian division demise !!!

LEAVING CANADIAN SHAREHOLDERS HOLDING THAT " EMPTY " BAG !!!

happy trading

Most analysts who follow Canopy Growth stock still don't think the company is going to be able to earn a profit anytime soon. The earliest most analysts see Canopy Growth stock turning profitable is 2028, nearly a half-decade in the future.

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