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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 JBNimbleon Jul 31, 2018 10:40am
76 Views
Post# 28391026

RE:Who is better positioned

RE:Who is better positioned Agree. Ontario will likely follow the Alberta liquor store model where there are private liquor stores but all of their product must be bought through the Alberta Liquor Commission. This means that in Ontario, all inventory from all retail establishments must be purchased through the Ontario Cannabis commission of the LCBO. Not bought through the government body means its illegal.

Have you ever gone to a liquor store and sampled the scotch from open bottles before you buy? Never you say? The same will apply to the sale of cannabis. There will be no open containers, no loose product. Only product in sealed containers purchased from the Ontario Cannabis commission. This means that anyone selling loose product is selling illegal product. Plain and simple, just like alcohol. Loose product means illegal product means your operation is shut down and you are going to be charged. Just like with alcohol.

This is the best approach. You don't see stores selling open alcohol products. You don't see people selling their home made wine or screech. You soon won't see people selling loose cannabis product. 

When enforced, this will be hugely positive for those tax paying, regulated LPs and the police will now have the means to shut down the illegal non tax paying growers and dealers. A good day is about to arrive. Finally.
Bullboard Posts