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.

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Canopy Growth Corp > Dismal performance

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Comment by WebSwingeron Aug 20, 2020 12:46am

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Post# 31432023

RE:RE:Dismal performance

Thumbs ups to westcoast for exposing this fraudster. To the moon!!!

WestCoast78 wrote:

Silentbull wrote: Another weak quarterly performance by Canopy. The co should lose the word growth from its name coz its not growing at all, been on decline since the start of the year. The only growth part is the CEO's salary. Wonder what makes board think that giving Klein 30 million dollar salary is prudent. This needs to be performance based not on the whims and fancies of a disconnected board.
Why is canopy on the decline in the canadian market? This co has already lost over 3.35 billion cash in maintaining the production facilities. At this rate of cash burn, canopy would need to raise money again in a few months.
This ship is still not course corrected IMO, the fair market value is 2 billion cash + 2 billion enterprise value=4 billion which means the share price needs to reflect that and should be around $12 CAD. Lets see how soon the market forces work to correct this gap.
GLTA

A: D.K salary is little ( few hundered thousand) The options, which hopefully he attains, ARE literally performance based.

B: Canopy had most of thier retail strores closed for 8 plus weeks due to this thing called: COVID.

C: Raise money? Oh wow, nope not needed. Thats actually funny. Can you read a balance sheet kid?

D: Even in the waterfall of March 17-21, we didnt see $12. Good luck with that.

E: Oh wait, hope you didnt short 9 days ago at 31% interest. Did you use a margin as well? Certainly very bullish in your last post.

F: As Im I. Tide has chagned, and tailwinds are just warming up.

Cheers to the longs.