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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 > Something to ponder about cbd infused drinks
View:
Post by soundandfury on Aug 13, 2023 12:21pm

Something to ponder about cbd infused drinks

Bottled water is quite possibly the most profitable business in the drink market...........no need to waste your time and money infuseing either........bottled water has a 500% profit margin..........surely a company that desperately needs profits like this one could copy companies like nestle or coca cola and start selling plain old bottled water
Comment by quinlash on Aug 14, 2023 2:47pm
I remember when bottled water companies were doing their first IPOs.. I skipped them all as I really didn't think anyone would actually pay for something that comes out of a tap... WRONG.... *lol*   I have that one marked down as a "Would-of" / "Could-of". I think some folks are going to be doing the same at some point down the road for these beaten down Cannabis ...more  
Comment by goldman777 on Aug 14, 2023 2:53pm
Today`s "green finish "may be the beginning of the new up swing here at CGC ! 
Comment by quinlash on Aug 14, 2023 3:15pm
Looking over the 5 and 30 I would say that if we can finish the week out somewhere in the range of .60 - .63 CDN without any news coming out then we're doing ok.  Higher is better but I think that range is reasonable.  If the company produces a solid press release then all bets are off as shorts buying back will drive this to where ever the market is willing to take it.
Comment by goldman777 on Aug 14, 2023 3:23pm
Bids are building going into the close, let`s see that wall at 54 cents fall.
Comment by quinlash on Aug 14, 2023 3:30pm
If you have time and want to amuse yourself then monitor the level 2 reports to see the "walls" move higher... sometimes they are just a "spoof" / "Fake wall" put in place to keep shareprices down.  I see them fairly often on Cannabis Stocks so it's interesting to monitor if you understand some of the games big traders play when they hold a lot of shares ...more  
Comment by goldman777 on Aug 14, 2023 3:49pm
No level 2 currently for me but yes I am aware of the concept. It`s all about keeping the share price surpressed and invoking that false sense of - there is lot`s for sale, all in the name of accumulation. But I really believe all the negative sentiment is baked into current sp . and from here, after a bit of a consolidation we go higher. Summer doldroms will end soon enough into a fall rally ...more  
Comment by quinlash on Aug 14, 2023 4:33pm
If you ever get stuck and need a lvl 2 report posted then just make the request to the forum.  Myself or someone else may be online and able to provide.
Comment by yp01048 on Aug 15, 2023 2:52pm
What does TLSS mean? LOL In a few weeks/months, I hope we start getting sector news. I read that McCarty last night suggested A continuing resolution to fund the government at least until early December with Schumer. Schumer wants to advance some bipartisan bills, and Safe has always been one of them.  there is a rumour that the 9th GOP senator has signed on already, and that is what ...more  
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