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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

Comment by BrokerGon May 02, 2024 10:58am
71 Views
Post# 36019523

RE:RE:RE:RE:Absolute No Brainer?

RE:RE:RE:RE:Absolute No Brainer?I think we are getting distracted. The real issue is what is happening with our stock price?

How can we be trading below last month's high of $15.50 and well below last September's high of $26.00? Considering the news has been released. What is going on?

Here is my theory: Institutional investors make up less than 5% of shares in Canopy. Therefore, the market can easily be controlled by hedge funds and short position groups. Yes there are groups of shorters. We need SAFE banking to allow institutions a path to ownership. Does that make sense?
Just asking
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