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Canopy Growth Corp T.WEED

Alternate Symbol(s):  CGC | T.WEED.DB

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

Post by OptGreenon Nov 12, 2021 2:19pm
178 Views
Post# 34120864

WEED Prices Coming Down

WEED Prices Coming DownJust picked up some 7acres Ice Cream Cake for $19.99 for 3.5gm, a drop of ~60%....not sure if we see these prices for normal pricing going forward but from what the manager at TWEED told me, it appears that prices are going to be coming down pretty well across the board from here on.

Klein is going to have to increase sales large in order to generate acceptable net margins...the US market opening up is going to provide the growth potential necessary. We are going to see the SP north of $100 within the first 6mos of the Acreage and Terrascend et al deals completed, while we can indulge in high quality bud at very reasonable pricing. Congrats to all that own, especially the long suffering longs. Alice is ready!! JMHO...Opt
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