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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

Post by quinlashon Nov 20, 2023 3:39pm
258 Views
Post# 35745088

(Article) Canaccord Genuity

(Article) Canaccord Genuity Canaccord had been providing Captial to the Cannabis Industry for years in exchange for shares in these companies.  They are now under investigation for ties to illegal short-selling.  This practice is brutal on a Company's shareprice and is likely a contributor as to the reason why Canopy Growth trades so cheap today.  

Unfortunately, the actions of Canaccord likely lead others astray and resulted in those folks now facing losses due to the low price where they opted to go short at.


Canaccord Genuity says it is under investigation by regulators and may face a ‘significant penalty’ to settle


https://www.theglobeandmail.com/business/article-canaccord-genuity-investigation-facing-penalty/
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