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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

Post by quinlashon May 02, 2024 7:59pm
134 Views
Post# 36020720

Short-Seller Losses on last Run

Short-Seller Losses on last RunI am always surprised to find investors and traders who do not fully understand what short selling actually refers to.  I would strongly encourage everyone to go to youtube and look it up.  Short-seller literally POCKET CASH when a shareprice drops.  They LOSE MONEY when a shareprice goes up.

This accounts for much of the bashing / hate-speech etc you will find on stock forums (bashers are often short).

Anyhow, here is an article that captures the one day losses these guys took on the recent run up.

https://finance.yahoo.com/news/pot-stock-short-sellers-hammered-131844882.html
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