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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 quinlashon Mar 11, 2024 11:43am
63 Views
Post# 35926473

RE:RE:RE:RE:RE:RE:RE:New Press Release - CANOPY GROWTH ANNOUNCES DETAILS REGARDING CONVERTING INTO EXCHANGEABLE SHARES

RE:RE:RE:RE:RE:RE:RE:New Press Release - CANOPY GROWTH ANNOUNCES DETAILS REGARDING CONVERTING INTO EXCHANGEABLE SHARES
caretired1 wrote: I'm not sure of the 3rd point about all combining under 1 co.  I think they will buy all of the shares of each co but if CUSA is to be a listed company on Nasdaq, they can't consolidate them accounting wise - same issue as CGC has now.  Maybe they can amalagamate them legally?  Its unclear to me what the mechanics are.
Also, what benefit comes from converting to exchanegable shares?  CGC will control the shares of CUSA won't it? Will CUSA shares be listed so you get at value that waY??  Help...


Care,

I believe your questions were covered in The Dales Report interview done with the CEO a couple of weeks ago. 

To avoid mis quoting the CEO I would rather suggest you jump on YouTube and review the interview.

Sorry, I do not have the link handy to share

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