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.

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Canopy Growth Corp > Absolute No Brainer?

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Comment by BrokerGon May 03, 2024 9:30am

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RE:RE:RE:RE:RE:RE:Absolute No Brainer?

Exactly what I said yesterday. There is no way the price should have gone down that far without a upcoming diliution. And Bingo!. They dilute.
They are receiving $50 mIllion US to stay alive however and next year's debt has been pushed back 5 years.
Canopy is a very simple stock to assess at this time. The US legalized in the next 2 years or they are gone. This gives them a little breathing room until then. Very Simple.

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