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

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Canopy Growth Corp > This hurts

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Post by yp01048 on Jan 18, 2022 4:45pm

This hurts

Man on man this hurts. I know the market contributed to this, but I feel like there is no relief in site. And when they decide to do something about cannabis remains up in the air. I don't know how much lower this will go. Sickening really.

and while I appreciate all the seasoned non basher posters here, I am left feeling sick and wanting to throw up over this.

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Comment by DeepTrueShip on Jan 18, 2022 9:03pm

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Comment by Starsearcher80 on Jan 18, 2022 9:33pm

"nothing material has happened to Canopy Growth." Seriously delusional. This company vastly overbought and vastly overbought Now they have crappy products that nobody wants, and have gutted senior management in response. Meanwhile it's a race to the bottom on pricing with 2.0 margins so thin its almost not worth it. But none of this is material.. right?? ;)

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Comment by anjz661 on Jan 18, 2022 9:44pm

Yes, they had definitily overbought. On the other hand, this one holding pretty much offers every type of expose to this sector. Although it is a matter of persepective. As if someone picked some up today at $9.75 they may not have an issue turning a profit. Still worth holding as part of a portfolio imo.

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