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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 > BUT WAIT! THERE'S MORE!!
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Post by Starsearcher80 on May 24, 2022 11:57am

BUT WAIT! THERE'S MORE!!

The Fund selling is just beginning Clowns.  Now add in what is going to be a MASSIVE margin call tomorrow, and the selling will be ferocious.  SO much fun for you my little maggots!  And to think, YOU DID THIS TO YOURSELF.
Comment by TheProphetElijah on May 24, 2022 1:08pm
Hold your horses there Star, usually Canopy ran up before financials then sold off, this time it's selling off so is there a chance it will rally instead? Whatever leaked is already priced in.
Comment by Mosdef111 on May 24, 2022 1:41pm
Whatever the case, new ATL. I detest the bashers who post here, and how market conditions have allowed their narratives to come to light.  But with results on Friday, and markets just selling off day in and day out, I don't think results are going to be great. Every single LP showed a loss in Rec. CGC will not differ. I suspect a new ATL on Friday. 
Comment by Luc1979 on May 24, 2022 2:14pm
Most morin could had sell at 60$ and they still kept everything that is why people laugh, at it will never even reach that ever again greedy prople get burned, i made more mostly day selling then those idiots holding on
Comment by yp01048 on May 24, 2022 3:34pm
I think so as well. So much could happen from now till Dec 31st.  Safe passing and CAOA could come around the same time. Both before the August recess, so 2 months away.   I know all policiticans suck, but I mean Schumer is truely stupid. He only has 6 months left as majority leader. And he hasn't deliver on any cannabis legislation. I would think someone on his position would be ...more  
Comment by Starsearcher80 on May 24, 2022 2:17pm
This is not some leak.  This is people getting out of the way of a freight-train. I tried warning the Clowns this would happen. IT'S HAPPENING.
Comment by angelnicky on May 24, 2022 6:23pm
How much cash does the company have on the books to survie this downturn in the market. Is it possible that this can go to pennies? What about another share offerring for working capital? Does the demand for weed product increase when the world is in a recession? Will this company evey make money? Companies that dont make money are getting crush.
Comment by Starsearcher80 on May 24, 2022 6:42pm
In answer to your questions: 1)  If this company is not viable, or runs out of cash, therei is either a lot more downside still, or ultimately, they stop trading. 2) The could do another share offering, but this will absolutely crush the share price.  I would say 90% chance of this having to happen. 3) Increased demand is a lovely myth. 4)  According to the CFO, the Canadian ...more  
Comment by angelnicky on May 24, 2022 7:22pm
What can the C EO do to change this company around and start to increase shareholder value in the short and long term?
Comment by HighTime20 on May 24, 2022 8:21pm
Resign. He has lost the authority to lead. It will be more of the same with Klein at the helm.
Comment by Starsearcher80 on May 24, 2022 9:21pm
i COMPLETELY agree.  Imho, Klein has been a COMPLETELY INCOMPETENT BOOB since the day he was hired.  They didn't need a bean-counter.  They needed a visionary leader
Comment by HighTime20 on May 24, 2022 11:32pm
How anyone can defend him at this point is incredible. He has been restructuring this company for 2.5 years. He didn't get it right in 2020. He didn't get it right in 2021. What makes anyone think he will get it right in 2022? There is no vision. He is inspiring no one. What else is there left to close? Who else is there left to fire? The buck stops with Klein. The bottom appears to be 0 ...more  
Comment by Rotaluceps on May 24, 2022 8:54pm
Quit and find a competent one. It would not change anything at this point. 
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