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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

Canopy Growth Corp > loss, good or bad?
View:
Comment by quinlash on Nov 09, 2023 8:51pm
The company expects to be adjusted EBITDA positive in 6 months and they are showing progress towards this by paying down debt and improving margins.  It doesn't appear that the entire cash savings from the dropping of BioSteel is reported in this one but that will appear on next report. Keeping in mind that debt was much higher while the shares traded towards their highs I see the ...more  
Comment by charlie007 on Nov 09, 2023 11:00pm
Judging by the millions of shares that have traded in the 80's during the last few days, it appears that buyers are heeding your tireless efforts to provide positive advice regarding this stock, and I must say it is doing wonders for my day trading, thank you!
Comment by Pedal2themetal7 on Nov 10, 2023 12:05am
Klein has been claiming the company would be profitable before.  This won't bring the SP to $1.37 for 10 consecutive days, keeping investors at bay once again. The investors will wait to see if they go ahead with the split or ask for an extension, in the meantime the shorts will continue having a field day.  If they go ahead with a split it will be beat down, and retail investors ...more  
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