Canopy Growth Corp T.WEED

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

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

Bullboard Posts

Comment by slightfan1on Nov 26, 2018 2:14pm

95 Views

Post# 29022601

RE:RE:$44 needs to hold...

2 gaps on way down; sometimes they fill; sometimes they do not. But mostly they do.

only time will tell.

starsearcher40 wrote: Fully agree with the analysis and price points. It is what it is. I would really like to own this stock one day again, but if I can be patient and grab it cheaper, why not. So far, the signs certainly point to the idea that this cheaper price may, in fact, be possible.

TechnicallyHigh wrote: Should $44 fail to hold, the bearish flag will complete and we will get the 3rd and final wave down. I think it goes to $38 but if this is the pre-emptive move before new imformation (Farm Bill), then I wouldnt doubt some players will push this further to shake more individuals out. A

At a minimum, any short term players who tried to catch this selloff will be forced to liquidate at $40 spuring a volume spike and puke.

If you want to get real crazy though, there is alot of volume at $32 (pre-constellation bid $2). That would be the target if $38 fails (no evideince of this being the case though).