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Bullboard - Stock Discussion Forum 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... see more

TSX:WEED - Post Discussion

Canopy Growth Corp > BioSteel
View:
Post by zombize on Sep 27, 2021 4:53pm

BioSteel

Ive kind of ignored the Biosteel part of this story til now, seemed too niche/too far outside of the core business to be of much consequence to the SP. But, now that I'm actually seeing them on store shelves, it feels like a potentially huge opportunity. +/- $6 billion in sports drinks are sold annually in North America. If the current trend towards sugar-free flavored soda water (La Croix etc) is any indication, we might be well positioned as the only 'healthy' alternative to the usual options, and that's not even taking into account the eventual roll out of CBD Biosteel products. I'm sure this isn't new info to most people here, but definitely a bright spot for me in an otherwise dismal month, lol
Comment by Southybird on Sep 27, 2021 7:32pm
Whats holding them back from getting Biosteel THC and CBD drinks to the market? The brand seems to be doing very well in NA right now with the individual team and athlete signings LA Lakers, Mahomes. Mcdavid has been with the brand for a while now. Definteky have kicked up the distribution this quarter as they are in more variety and grocery stores than ever in single format. Would love to ...more  
Comment by Coloradobuff on Sep 27, 2021 9:24pm
100% this is a great buy by canopy. This storz Bickel and partnering with Martha Stewart. The rest not so much. 
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