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 > Checked Yahoo Finance

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Comment by WebSwingeron Aug 06, 2020 9:25pm

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Post# 31376676

RE:Checked Yahoo Finance

Fake news!!! Aphria and Cronos financial results are what pulled Canopy's stock down from recent highs. That's right, the crash started right after Aphria results. Just wait and see what happens to Canopy over the next year. It will be amazing. I Hope Aphria does decent too. To the moon!!!

stocktradinguru wrote: For earnings estimates---low is $67 and high of $105 million aprox...

I have no clue what the earnings will be, but it seems they will not be close to APHA's $159 million for the quarter.

Now Weed moves in another direction---which likely means they cannot make the desired sales and earning growth on the current blue print.

Earnings announced on August 10th.

There could be a "sh-t strom" if earnings are low---like $69 million for the quarter.

I don't own any Canopy at this time, because in my view, this stock is way overvalued and has too much debt.

Aphria is a better buy!!!

Lets see what happens..