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Bullboard - Stock Discussion Forum 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... see more

TSX:WEED - Post Discussion

Canopy Growth Corp > Supreme acquisition
View:
Post by Freelancer7777 on Apr 11, 2021 10:03am

Supreme acquisition

Once the deal is complete Canopy shares will go over $100 a share. $500 a share in 5 years selling into the US and Germany. Enjoy the ride Supreme is like adding a turbo charger to Canopy.
Comment by lou64 on Apr 11, 2021 10:57am
Canopy REDUCES production to get costs under control .... only to purchase another company that OVER PRODUCES for it's market space ????? Canopy dos not sell the amount of weed it produces and now buys a company for ( 435 MILLION ) with LIABILITIES???? HOW MANY YEARS WILL IT TAKE TO ( RECOUP ) THE INVESTED AMOUNT IT PURCHASED SUPREME FOR ???????????? Supreme posts a LOSS in their earnings ...more  
Comment by Positivelive1 on Apr 11, 2021 12:33pm
Poor old Canopy! Can't even grow its own cannabis! Used $3.5 billion of Constellation $ just to stay afloat for the past 3 years! Bought little Supreme just to grow something! And someone suggests itbwilll be $500 a share in 5 years? So funny! Hey, that is possible with a 10-1 consolidation!
Comment by Freelancer7777 on Apr 12, 2021 12:35am
Supreme is a powerhouse with 50 percent efficiencies 1 cent kw /hr electricity and lots of land in Bruce energy centre for expansion. Anything build in this Center beside the Bruce Nuclear power plant gets this low electricity rate. Efficiencies are achieved in growing marijuana at low electricity rates.  Canopy is not getting them to grow for them. This is a buy out the name on the building ...more  
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