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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 Magnitudeon Mar 28, 2024 9:12pm
187 Views
Post# 35959541

I dont think investors here understand cannabis

I dont think investors here understand cannabisWhen Canada became one of the first countries to legalize cannabis there was a boom in greenhouses and in Lemington Ontario you can drive down the road and all you see are greenhouses with colored lights and cannabis shops are like variety stores in Ontario and everywhere else and 1 out of 5 are illegal but cops couldnt be bothered because as soon as you shut one down its reopening a month later so Canada market is saturated bring prices down so far that shops have went bankrupt, layoffs and foreclosures and thats why WEED was on the brink of bankruptsy so why would you think that Germany will be a big market when all they need to do is build greenhouses anywhere and as more European countries legalize cannabis they'll build their own industry because why not? they can make more money growing it themselves and packaging it instead of shipping it from here paying taxes and shipping costs so Germany will be another reason why WEED will be heading back into bankruptsy and the US already has a lot of states where its legal but WEED still was heading for bankrutsy and even if the DEA legalizes it each state can uphold their own laws. Canada's market plateau in 2023 and WEED was heading for bankrutpsy. Its proven that smoking dope isnt good for your health in many ways from mental health to cancer and everything inbetween and edibles also are bad for you. If DEA looks at all the issues that cannabis causes from Canada experience over the years they might think twice and all this will implode. Unless you think Europe isnt capable of building greenhouses or packaging the same way we do. Good luck with your dream of riches!
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