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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 Jun 06, 2024 10:33am
115 Views
Post# 36075163

RE:Raising Money - Inevitable!

RE:Raising Money - Inevitable!Weed is not profitable yet, so the only way to pay for expenses is through dilution. That is why everyone was asking Klein when they would be profitable. Listen to all of his interviews from the Dales Report to BNN, he clearly states that Canopy will be profitable by year end fiscal 2025. They also need money for Acreage, which also diluted shareholders this week. 
Sorry but this is Klein not being transparent again with shareholders. Hopefully the Dales Report will have him on again and start asking tough questions. 
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