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Canopy Growth Corp T.WEED

Alternate Symbol(s):  T.WEED.DB | CGC

Canopy Growth Corporation is a cannabis company. It delivers innovative products with a focus on premium and mainstream cannabis brands, including Doja, 7ACRES, Tweed, and Deep Space, in addition to category-defining 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 range of cannabis, hemp, and cannabis related products in Canada. International markets cannabis segment includes the production, distribution, and sale of a range of cannabis and hemp products internationally. Storz & Bickel segment includes the production, distribution, and sale of vaporizers. This Works segment includes the production, distribution and sale of beauty, skincare, wellness and sleep products.


TSX:WEED - Post by User

Comment by OptGreenon May 26, 2022 6:40pm
211 Views
Post# 34710614

RE:Friday’s Earnings Expectations

RE:Friday’s Earnings Expectations Sound ciphering Grein, but wouldn't worry about the change to Fri, as it is before the open so it shouldn't spell any trouble, will know soon enough...even a fair to good report should be decent with the upside potential of this stock as the US assets are brought on board.

In any case it is time to see more from stateside assets from here on...the status of legal cannabis remains up in the air with the Biden crud still at the helm and will continue their attempt to collapse the economy until they are brought in line. Plenty happening tomorrow and here's hoping Klein knocks it out of the park. JMHO...Opt

Greindur wrote:

Full disclosure.....I'm holding long with a five figure position and don't expect a significant uptick any time soon

As I've been stating for a considerable time that I see Canopy trading in the  $6.00-$16.00 range until mid 2024.  

WRT tomorrow's earnings, I just don't see it.   When you study the true metrics and environment,  the only educated short term conclusion is poor or flat ( but I just do not see that ) 

I sold some of my position just before the closing bell and expect a red vertical south line at the opening bell.  I will gladly buy back and increase my position...Very easy trading actually. 

One of the questions I'm left scratching my head at is why Friday ?   I've never been interested in release dates of any Company but why has it been moved up and on a Friday.   Interesting stuff 

Finally....for all those that think I'm bashing, I'm not.   I'm just a realist. 

So if your long....no worries.  Canopy will bounce back but IMO it's just not now.  I strongly believe that mid 2024 is when things soar for the MJ sector and Canopy Growth.  

Good luck tomorrow and happy trading 



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