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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
Comment by sark666on Jul 23, 2017 11:30pm
114 Views
Post# 26500058

RE:RE:RE:RE:WEED JUST DOESNT FEEL RIGHT ANYMORE

RE:RE:RE:RE:WEED JUST DOESNT FEEL RIGHT ANYMOREhttps://www.cannatech.news/2017/07/13/what-european-cannabis-patients-face-a-year-from-now-in-2018/

This article says its still a 1000.

"If the government’s estimations are correct, there will be between 6,000-11,000 medical cannabis patients in Germany next year. There are currently about 1,000, although there are many more who want to be. The biggest issue facing patients right now is overall access.

Theoretically, German doctors are free to prescribe cannabis to any patient they want. Further, the law does not limit the number of grams per month that can be covered under health insurance. However, German doctors are being informed by health insurance companies that for the next two years at least, they may be personally liable for the entire retail cost of the drug they prescribe. This means a potential cost of 24,000 euros at a minimum, per patient"

Doctors being on the hook for the cost of meds sounds completely bizarre.  

I think any expansion is good news and Germany will be big when rec kicks in but really they are still just getting med off the ground.  Believe me, I hope CgC gets as much as a foothold there as possible, but I think the med is going to take a bit to get established and rec sounds like a long way away.

I know many here including SS being really excited about Germany, so what am I missing? Or are you just looking at this expansion as a really long term payoff?

Bullboard Posts