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Bullboard - Stock Discussion Forum 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... see more

TSX:WEED - Post Discussion

Canopy Growth Corp > Forecasting any profit
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Post by lou64 on Apr 19, 2024 10:47am

Forecasting any profit

After news of Constellation sheltering their shares and the news of canopy turning a profit not until 2028 ???

Canopy Canadian market share shrinks and sales have fallen ... Leads one to believe that management and Constellation will MILK the Canadian division dry and DILUTE the living bejesuses and then BANKRUPT the Canadian division !!!

American legalization is years off beforeConstellation can profit of the American division and this leaves their shares dormant and sheltered from the chaos of the Canadian division demise !!!

LEAVING CANADIAN SHAREHOLDERS HOLDING THAT " EMPTY " BAG !!!

happy trading

Most analysts who follow Canopy Growth stock still don't think the company is going to be able to earn a profit anytime soon. The earliest most analysts see Canopy Growth stock turning profitable is 2028, nearly a half-decade in the future.
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Canopy Growth Corp