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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 yp01048on May 11, 2023 5:01pm
150 Views
Post# 35444125

RE:RE:RE:IMPLOSION

RE:RE:RE:IMPLOSION

Yes, all are down. But none more than CGC. That BioSteel debacle only added fuel to the fire. That CFO needs to be fired. How can you miscalculate revenue? BioSteel is the fastest growing segment and we can't even rely on the numbers?
Judy always spoke of the lumpiness of the revenue in terms of distribution and load ins. But wtf. You can't claim revenue that never transpired. 

I have a strong feeling that Q4 results will be even more of a debacle.
Cash burn followed by revenue declines across the board


Terrascend just reported higher revenue that acreage of 69m.
The US businesses are all doing well.

 

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