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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 quinlashon Apr 19, 2024 11:06am
131 Views
Post# 35998050

RE:Forecasting any profit

RE:Forecasting any profitCanopy Medical is already established in Germany and they just went legal so that's a new / expanding market for Canopy.  Canopy also exports to other regions of the world and you can learn more about that from visiting their website and actually doing a little research.

The US is now on a "ASAP" timeline to re-schedule cannabis.  No one can say for sure what "ASAP" is going to look like but my speculation places that event sometime prior to the US Election.  Feel free to give it some thought and speculate for yourself.

Canopy is one of three major Licensed Producers, it has survived the beating that the markets took during the Covid years and, during that time and beyond, has optimized it's operations, continued to releae new and innovative products and just recently started it's move to consolidate three of it' US operations under the sole Canopy USA (CUSA) ticker.

The CEO has done a number of interviews where cash flow and profitability are discussed.  Check their website for some of this content but you can also pick some up from YouTube by searching "Canopy CEO interview".

If you prefer to be into the Cannabis sector but would like to consider one of the other three major LPs then you can research Aurora Cannabis (ACB) or Tilray Brands (TLRY).   ACB is focused on Medical while TLRY offers Cannabis (both Rec and Medical) but also has a line of alchol products.

No one is begging you to invest in Cannabis nor in Canopy Growth, Do Your Own Due Dilligence and make an informed decision.   Forums are not a replacement for rolling up your sleeves and making an effort.

Best Regard,

Q













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