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Canopy Growth Corp T.WEED

Alternate Symbol(s):  T.WEED.DB | CGC

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 doobiebabyon Oct 24, 2019 12:23pm
64 Views
Post# 30264922

RE:RE:RE:Will CBD be all that it can be in terms of turning a profit?

RE:RE:RE:Will CBD be all that it can be in terms of turning a profit?It is true that hemp will be grown for other industrial purposes.  However, my understanding is that hemp flower is used for CBD and not much good for much else right now.  And the USA and other parts of the world are growing so much hemp now that hemp flower is going to be incredibly abundant.  This is all great for human health i think, but not great if you think you're going to make a fortune off of hemp oil from a pure play CBD company.  Just going to be way too much competition from traditional CPG companies who can buy the ingredient cheaply on the open market and then release new CBD formulations of existing popular products.
Bullboard Posts