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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 olive15on Jan 19, 2020 1:07pm
156 Views
Post# 30571008

RE:RE:ANYONE ELSE WORRIED WE WENT UP ON BAD NEWS❓❓

RE:RE:ANYONE ELSE WORRIED WE WENT UP ON BAD NEWS❓❓WEED is going up based on its size, not on its fundamentals. The company's financials are awful, adjusted EBITDA (155,745) as of last reporting period, net loss (1.67m) in the 6 month period ended September, loss from operations (388k) ... this at a time when companies like APHA and OGI are reporting positive EBITDA and negligible loss. I know WEED is the biggest kid on the block, and they have their fingers in a lot of pies around the globe. As a result, the potential to establish themself as the dominant cannibas company is real ... but potential does not necessairly transform into reality. Based on their financials, I don't see any reason for their share price rise other than speculation. They will continue to get the benefit of the doubt from the market b/c of their size and cash resources owing to Constellation. I certainly hope its not the case but If their mid-Feb quarterly shows increasing losses, expect a serious haircut to share price. Bottom line, management has to show improvement before 2020 fy ends otherwise the shine will come off, with or without Constellation holding their hand.
Bullboard Posts