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Bullboard - Stock Discussion Forum Canopy Growth Corp T.WEED

Alternate Symbol(s):  T.WEED.DB | CGC

Healthcare Cannabis
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 > Canopy Premarket USD
View:
Post by quinlash on Feb 22, 2024 9:13am

Canopy Premarket USD

A price estimate is an opinion, doesn't matter if it's high or low. Ultimately what sets the price of shares from one day to the next is the market.

Link provided is for pre-market on NasDaq in US Dollars.  This is live trading but this too doesn't mean a whole lot in terms of what the day will look like.

In my opinion the shares should start trading at higher values as there more and more news coming out regarding Germany coming online.  Again, it's an opinion.


https://www.marketwatch.com/investing/stock/cgc
Comment by BrokerG on Feb 22, 2024 9:46am
That is exactly my point Quinlash. As per your last post:" the market sets the price". Well what is the market saying about the stock price now?. Obviously the market is saying re-scheduling and decriminalization is a long way off. If the market was more opportunistic and foreshadowing the stock would be increasing based on impending news. The other possible option is investors have ...more  
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