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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 geodcanon May 01, 2024 2:54pm
87 Views
Post# 36017930

Rescheduling isn't all that it is cracked out to be!

Rescheduling isn't all that it is cracked out to be!It does open the door to more scientific study and helps to fix some tax drops by way of being able to write off expenses.

A lot of things are stacked against a true legalization effort!

Legal pot needs to match access to all of the banking and brokering tools that beverage alcohol has and every other US business.

Pharma use has been the toe in the door that is keeping it from being slammed shut by special interests but cannabinoids are gaining ground as a safer vice for adult rec use by comparison to opiodes and alcohol.

Big alcohol has studied on cannabinoids in their future but until the US gets their laws right and pro-pot, they are in no rush because they still have alcohol revenue.

They also are holding back on greasing the palms of the pro-pot lobbyists.

They also see cannabinoid infused beverages as cannibalizing their marketshare for soft alcohol.

As long as the Americans keep from getting straight to the legalization we won't see the greenrush that I am expecting.

glta and dyodd
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