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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

Comment by BrokerGon May 02, 2024 6:57pm
89 Views
Post# 36020615

RE:Canada's canceled licenses

RE:Canada's canceled licensesI think it is pretty obvious Tradinghands has shorted the stock and is trying to get everyone to sell.

Well guess what - he wins. There is no way possible this stock should have dropped today. MSO's index was up, even Tilray was up and we get clobbered another 10%. Even the guys on the DLR report can't understand why Canopy is dropping like a lead balloon.

Well it does not matter- shorts win. If I don't see I sizeable increase tomorrow I am out. Something is not right. The only reason I can see is that Canopy will be issuing shares and the market makers and hedge funds know it. I have absolutley no explanation for the drop today. 

Any guesses?
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