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Canopy Growth Corp T.WEED

Alternate Symbol(s):  CGC | 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

Bullboard Posts
Post by LongTheGreenson Nov 08, 2016 8:40pm
382 Views
Post# 25439166

Hope you all held strong. ATTN FALCON

Hope you all held strong. ATTN FALCON

I wanted to drop by and say congrats to those who made it through the last dip and managed to enjoy these new highs. It was hard at times for some to deal with the shake.

A few weeks ago, I humbly disagreed Mr. Falcon about the immediate destiny of CGC. After selling, some people will remember he seemingly advocated for a dip to 5ish or lower - which was in my opinion, clear fear mongering, or regret. As a large and early share holder, I was happy to be correct.

His timing was off, but his figures are not.. I do not pride myself on social media or chat-forum publications, but I want to send a warning to all those looking to buy right now, or who have bought $6.00 + . I read charts and I know this industry. I love love loveee this company and what they're doing, but it's crazy expensive now.. We have attracted too many hopeful retail buyers and we are far beyond where we should be. A correction will happen. This will be healthy, as it will flush out scardy-cats and those unwilling to swing-trade, but it will also present a great buy-opportunity. It will happen soon.

With pain but full certainty, I will sell 75% of my portfolio before tomorrow finishes. Cash is king and loaded guns are powerful on dips. My target is 5.75. 

After tomorrow, I only own CGC, OGI, APH, MT & TRTC - previously 18 holdings. I won't get caught holding bags.

Good luck.

Bullboard Posts