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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

Comment by Bookworm28on Dec 09, 2022 12:11am
135 Views
Post# 35160964

RE:Canopy

RE:Canopy I don't know if I'd be that discouraged. There's gotta be some private equity/financing vehicles to loan  serious cash to serious players. On the consumer side, everyone has a smartphone, and can figure out how to etransfer to retailers. I'm not sure I understand why SAFE is such a big deal. On the scedule 1 side of things (leading to Federal legalization), Biden's recent pardoning, and approval for researchers to research pot's medical efficacy, illustrate the U.S. is legalizing pot at the Federal level fairly soon. It'll happen in 2023 for sure. They'll want to get their banking ship together by then, as there's too much money pushing legalization. That gives WEED/CGC time to arrange their affairs in the U.S. accordingly.

shenty46 wrote: With no good news now from US after the failure of Safe banking act being passed, I don't think we may have any worthwhile news for years to come. The fall in stocks is reflecting that, canopy fell more as they were more reliant on US markets reforms. I sold some yesterday and some today morning, no position now in any weed stocks 


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