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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 Masterbuilderon Mar 24, 2022 8:56pm
220 Views
Post# 34543830

The wild wild West

The wild wild WestIf you follow my posts, I recently wrote that WEED going to $10 would be no surprise based on a momentum trend. Plus, it was moving up with no material news... but voil... here is some news, albeit anemic. This is scaring the shorties and exciting the stock jockies seeking quick money. Nobody can predict the next moves, but mark my words... analysts need a few days to get their traders to inventory some stock before issuing upgrades from HOLD to SPECULATIVE BUY. The end of Q1 is near, so I can't see WEED and CGC going backwards for at least a few weeks. What's exciting is that this could run based on social sentiment or reverse direction due to fundamentals. Gotta love the wild West traders playing in the whole sector.
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