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Canopy Growth Corp T.WEED

Alternate Symbol(s):  T.WEED.DB | CGC

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 Mar 27, 2024 10:54am
91 Views
Post# 35955404

Daytraders + Longs doing ok

Daytraders + Longs doing okI still see this stock as undervalued and I plan to hold for US legalization where I expect the best returns will be seen.  

Not too sure what everyone else is seeing in this one however I would have to believe those hitting this stock through buying the dips are doing well, this would be those simply day trading or opting to indeed hold for US legalization.

Germany is a big win for Canopy and the US Fed coming out to back Cannabis reform is certainly driving interest in this sector so we will see where those factors take us over the coming weeks and months

JMHO 
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