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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 company. It delivers innovative products with a focus on premium and mainstream cannabis brands, including Doja, 7ACRES, Tweed, and Deep Space, in addition to category-defining 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... see more

TSX:WEED - Post Discussion

Canopy Growth Corp > Friday’s Earnings Expectations
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Post by Greindur on May 26, 2022 5:37pm

Friday’s Earnings Expectations

Full disclosure.....I'm holding long with a five figure position and don't expect a significant uptick any time soon

As I've been stating for a considerable time that I see Canopy trading in the  $6.00-$16.00 range until mid 2024.  

WRT tomorrow's earnings, I just don't see it.   When you study the true metrics and environment,  the only educated short term conclusion is poor or flat ( but I just do not see that ) 

I sold some of my position just before the closing bell and expect a red vertical south line at the opening bell.  I will gladly buy back and increase my position...Very easy trading actually. 

One of the questions I'm left scratching my head at is why Friday ?   I've never been interested in release dates of any Company but why has it been moved up and on a Friday.   Interesting stuff 

Finally....for all those that think I'm bashing, I'm not.   I'm just a realist. 

So if your long....no worries.  Canopy will bounce back but IMO it's just not now.  I strongly believe that mid 2024 is when things soar for the MJ sector and Canopy Growth.  

Good luck tomorrow and happy trading 

G

Comment by OptGreen on May 26, 2022 6:40pm
Sound ciphering Grein, but wouldn't worry about the change to Fri, as it is before the open so it shouldn't spell any trouble, will know soon enough...even a fair to good report should be decent with the upside potential of this stock as the US assets are brought on board. In any case it is time to see more from stateside assets from here on...the status of legal cannabis remains up in ...more  
Comment by Mosdef111 on May 26, 2022 7:45pm
Your posts really do illustrate how ignorant you are to the fact that a Rep house and Senate is a disaster for cannabis. Period.  If you love Trump so much, why don't you go live in the US? Where a 18yr can go buy an assault rifle, but he has to wait until he is 21 to buy a bottle of alcohol.  
Comment by OptGreen on May 26, 2022 10:42pm
I have to Mos you are a mess and been drinking far too much coolade...but I will help. First, 17yrs of age to join the military in the US and they shouldn't be able to buy a rifle at 18? Please. The Dems control both houses today, they not only are the one's stopping the progress of legalization of MJ...not too mention that since the 60's they have been trying to get it legalized ...more  
Comment by Mosdef111 on May 26, 2022 11:50pm
I apologize. I severely underestimated how ignorant you are.  Your posts are QAnon theories. Next you will say that Democrats and Liberals drink human blood and perform sacrifices? And that Ted Cruz is right and the only change schools need is one door? Imagine an emergency and having to escort 300+ kids from one door? My goodness, your ignorance rivals that of Star. I'd say you ...more