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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

Comment by Rotalucepson Aug 22, 2020 4:24pm
152 Views
Post# 31442181

RE:RE:RE:RE:RE:Current Short Interest over $900 million

RE:RE:RE:RE:RE:Current Short Interest over $900 million
quinlash wrote:
Rotaluceps wrote:
Silentbull wrote: You aren't bright westcoast78 else you wouldn't quote that lol, business are moving and dynamic entities and they keep changing and evolving  in the changing macro environment. It's a combination of various factors which drives the price up and down so you would see various analysts which gave price of $80 a few months ago are now settling for $35-38, this is all a reflection of the analysis at that point of time.
at this price point and this time of the year canopy is a very good co to enter into looking at the market share it's trying to take in the drinks segment, slowly turning towards ebitda positive and looming legalization in US post elections, the results of all this will start baking into the price as early as in a few days 
GLTA


You wrote this 10 day's ago. Obviously, you are a crook. Don't even try to justify yourself, you will convince nobody. 
 



Silent is actually correct on his statement.  Summer season tends to be soft for many stocks, the trend has been seen on the Cannabis sector year over year and can be easily seen by looking over the long term charts for Canopy.   With the Corona virus scare in the markets we had an unexpected shock to the system and Cannabis stocks were not spared in that.

Late summer historically marks the upward trend and with the Coronavirus scare more or less fading off (IMHO) investors are likely more willing to come back and start investing in the markets, again, that too will include Cannabis stocks (maybe not days, but a few weeks for sure).

How many investors come back and how much money they inject will have to be seen and will depend on the view of individual investors as to how big of an opportunity is sitting there based on their outlook going forward for the amount of time they wish to invest. 

Not everyone trading stocks are flipping them day in and day out.  Some come in when the markets are low and hold for months, a year, or much longer.  It will depend on how they see Cannabis going forward.

GLTA

Q











$12.00 target price? Ten day's ago? 
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