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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 geodcanon Feb 25, 2024 7:06pm
71 Views
Post# 35898203

RE:New Press Release - CANOPY GROWTH LAUNCHES NEW PRE-ROLLS FROM 7ACRES AND HIWAY

RE:New Press Release - CANOPY GROWTH LAUNCHES NEW PRE-ROLLS FROM 7ACRES AND HIWAYSmokeable skus are probably the highest profit skus until the beverages get traction against beverage alcohol.

There was a lot of interest originally and not just by Canopy but beer companies and alcohol companies who expect a serious bite out of their marketshare as consumers move to healthier options than light alcohol.

Canopy's shutting down their Canadian bottling plant could have been a huge mistake imho and they seem to be backing off their bottling intentions for now with others following suit except for Tilray who are picking up beer bottling facilities in the US but no infused bevvies yet for the US.

There is a lot that needs to be fixed for cannabis and hemp beverages and most of the major players seem to be steering clear of the loophole thc sku which is Delta 9 THC made from hemp that seems to be able to circumvent law enforcers as a legal segway to introducing a buzzy little option to alcohol.

Tinley and Jones Soda seem to be dabbling in launching Delta 9 bevvies which I will believe when I see it on shelves.

glta and dyodd
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