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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 quinlashon Jan 06, 2023 12:07pm
136 Views
Post# 35207077

RE:Maybe Canopy will be Constellation's saviour

RE:Maybe Canopy will be Constellation's saviour
Donwaan wrote: Corona parent Constellations stock falls 9% as inflation is now hitting beer prices and cutting into sales. Canopy USA to the rescue! (in time)


there is a strong interest in the Cannabis drinks.  If you Google "Cananbis Drink Conference Forum" you can find some good videos showcasing how the sector is growing, the various products being offered etc. 

Out of the Canadian Producers there are only a few that have ties to Infused drinks, those are Canopy Growth (Partnered with Constellation) and HEXO Corp (partnered with Molson-Coors).  I believe Tilray has drinks as well but doing it on their own and through acquistions.

From my own experience I would say 1 Cannabis Drink is similar to drinking anywhere from 4 to 6 beer. The unit cost of a Cannabis drink is higher than beer however the affect from 1 makes up for it for those who are concerned about cost. I am new to these but I do like them and can easily see the appeal and how they could lure beer drinkers into switching.

jmho
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