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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 Dinobullon May 26, 2018 11:45pm
240 Views
Post# 28085380

Lay person talk

Lay person talkI've never been a stock guy until Marihuana came along. I had personal life changing events because of MJ. Not because it got me high or because I'm a drug addict. But because I had an illness and it pretty much took the pain and some horrible symptoms away. So when MJ became something I could potentially make money of off and buy legally i said get me in there ...it was a no brainer. I look at Spotify who had their IPO a few months ago at 150 US per share with similar amounts of shares outstanding...I could do a comparison. Spotify popular amongst young to middle ages people...for a premium account it costs 10 dollars a month. MJ popular amongst almost everyone in every age group...when this becomes legal people who want to smoke it recreationally will cross all age groups and will cost you 30-40 dollars (at the low end) a month to enjoy it's benefits (not including the medical market) . People will argue that MJ will have the black market to go to....well I can get free music illegally too but it is law abiding and safer to just get Spotify. Generally speaking people don't want to do illegal things or get a product from an untrustworthy source so this argument about the black market is baseless. If that was the case nobody would buy alcohol at the store. I have believed in MJ for many years but have had to resort to black market means to get my supply for my condition....i can't wait to feel free to buy MJ from a regulated body free from legal consequences or stigma.
Bullboard Posts