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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 Oldweedon Jan 08, 2022 2:07pm
216 Views
Post# 34296385

RE:The new Harm Reduction Campaign Target is.....

RE:The new Harm Reduction Campaign Target is.....So here is where I struggle with this approach, the CPG drink market is huge with massive playes out there like Coke for example, and there are just as big alcohol players out there with a multitude of established brands and flavours as well. All compete in a very established consumer base. It is very diificult to establish a new brand and take a significant portion of this consumer base, it would certainly take many years. I think the recent deal with Coke reinforces this point of view. STZ could eventually add MJ to their drinks but I think it will be a very long time before they would be allowed to so that leave them on their side to try and build a new brand like Tweed. The joint venture with Coke will likely be much more successfull imo. This is where I see companies like CURA have taken a completely different approach (game changer) in their product Squeez that is not yet sold in Canada. They do offer different flavours along with a tasteless one. So if you can take this product a simply squirt it into your favourit drink how can you can capture a huge market without having to compete with any of the established brands, in fact you will do better as the sales of these brands do better. Also they do not have to wait for any FDA approval to add to alcohol or to increase potency as it is entirely up to the customer to decide what he puts in. I have thought about this for some time and decided to move a significant portion of my MJ plan over for this rational. Just my opinion do your own DD.
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