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Canopy Growth Corp CGC


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

Healthcare Cannabis
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

Canopy Growth Corp > Canada's canceled licenses
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Post by Tradinghandson May 02, 2024 6:32pm
111 Views
Post# 36020587

Canada's canceled licenses

Canada's canceled licensesCanada's cannabis sector is imploding and prices for products have lost closed to half their value as companies fold up and leave because theres not enough money in this sector. The DEA changes will take up to a year so eveyone just has to look at where these shares were trading before the DEA hype TLRY was at $1.60 USD and Canopy was at $3 from a 3 year high of $250 USD they were both heading towards bankruptcy or selling off parts or looking to raise money. If you are a long then you'll be lucky if in 2 years you double your money. Too risky of a sector and thats why these stocks are underperforming. 

Canada's canceled licenses, ‘uncollectible' cannabis taxes soar (mjbizdaily.com)
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