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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 Jan 19, 2024 1:01pm
129 Views
Post# 35836188

RE:Technically

RE:TechnicallyLouise,

"Technically" you need to know how to tell if a Shareprice is under the fundamentals, which by all accounts it is. 

Regarding your comment on the "price target", you are incorrect (again).  Financial backers came in and agreed to purchase shares at that price however they are not going to agree to a price higher than current levels.  The company is NOT setting any sort of price target for a low nor for a high.

When these guys offer to hand over Millions of dollars in exchange for shares then they tend to insist on getting those at a bit of a discount to help ensure their investment in the shares is profitable. Investors who deal in Millions of dollars also tend not to be day-traders or swingtraders, they tend to be willing to hold for extended periods of time to see additional future returns.

Best Regards,

Q


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