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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

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Post by yp01048 on Jan 26, 2023 10:41am

VFF

Down 40% on share dilution. 

We also experienced this last year in June, and I think we will experience it again in prior to July when the other debt will be due.

There will be more dilution. 

And the rumours of Safe have started again- check out Natalie Fertig on Twitter- Sherrod Brown wanting to bring it to a vote without a hearing committe, but he alluded to some problem- More than likely Schumer.

Also, State if the Union address is Feb 7, hopefully Biden says something about cannabis, in time for our results....

Comment by TheGrapeOne on Jan 26, 2023 11:19am
The dilution last year gave STZ more ownership to get rid of the bulk of the Debt that is due this year. STZ building its ownership is a good thing whats left of the Debt could be paid off in cash but I think we see them give STZ another few perecnt of ownership.
Comment by yp01048 on Jan 26, 2023 6:43pm
It's the optics.  People will hear that and think the world is over and sell and tank the stock. $MSOS is really taking a beating. Lots of people on Twitter talking about how they lost everything etc etc. FUD is out in full force. Curaleaf laying off people. Luckily CGC did all of this last year and really started their cost cutting initiatives. MSOs are now starting. CGC needs ...more  
Comment by TheGrapeOne on Jan 27, 2023 7:59am
Ok how ever I feel quite the oposite they eliminated Debt and the shares will never hit the market.   Basically they opperating capitol for shares to the company that is going ot buy them anyways lol If STZ cam out and announce they decided to buy another 2% ownership and increase thier holdings people would be happy as it shows they are still backing the company. This is basically ...more  
Comment by yp01048 on Jan 27, 2023 9:42am
I agree that when the us revenue gets consolidated it will be big. But, cura and Gtii have already have over a billion revenue but their shareprice doesn't reflect it, at all. Whatsoever. BoJo was on Twitter last night talking about no one in the industry is tradinf at less than 2x sales to revenue ratio, and the entire cannabis industry is in this lull. He also did say he expects movement ...more  
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