Canopy Growth Corp T.WEED

Alternate Symbol(s): T.WEED.DB | CGC

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 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

Canopy Growth Corp

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Comment by Mike1McIntoshon Sep 25, 2018 9:12am

118 Views

Post# 28684164

RE:RE:Weed price target raised to $100 and BUY rating

Pointmanner wrote:
An "educated" guess - by pumpers? Sure, it has moved up from $7 in big strides. But at this point, why all the shorters? They are not amateurs to risk on shorting shares.

I think people underestimate the whole world market as well as the fact of the psychological mania people get into and a frenzy of FOMO... look at the volatility of tilray. I see this happening to lots of companies in this sector. Huge swings people need to be ready to profit from, shorters included. But just how big and high of swings will we see? No one knows. Hence, the gamble.

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