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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

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Post by shenty46 on Apr 21, 2023 5:36pm

Unless

Unless they announce the reverse split and consolidate at the earliest and raise cash to retire debt, I think it may go bed bath way
Comment by dart321 on Apr 21, 2023 6:06pm
The refinancing climate for companies that do nothing but burn cash and have few possibilities of making a profit anytime soon are in a world of hurt trying to raise capital. Who knows how it will turnout here the trend is still down and if this breaks $1.38 there is no bottom. So we sit on the sidelines and wait to see what happens. The consolidation has started in the Canadian pot industry some ...more  
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