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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 goldman777on Sep 08, 2023 1:34pm
103 Views
Post# 35626511

RE:RE:Anyone who sells now will make a huge chunk when this dips

RE:RE:Anyone who sells now will make a huge chunk when this dipsFlirting with the daily highs here, this one might see a bit of profit taking ahead of the w/e - but then again maybe not.

No one knows what power hour will bring ahead of an anticipated NR, and CGC likes to throw a NR out on a Friday

With legislation being forwarded on a few different fronts ( schedule 3 vs. schedule 1, safe banking ) for what will be the largest recreational / medical market on the planet....don`t bet against it here.

It`s obvious big money is moving in, the run up in Canadian MJ players during the legalization stage will be miniscule compared to what will transpire for the remaining players who are well position for expotential American growth.

As tempting as it is to take profit here, IMHO those who do will be leaving a fair chunk of change on the table...but hey, it`s not like i haven`t been wrong before - maybe DeejayDG is bang on.

GLTA
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