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Canopy Growth Corp T.WEED

Alternate Symbol(s):  T.WEED.DB | CGC

Canopy Growth Corporation is a cannabis company. It delivers innovative products with a focus on premium and mainstream cannabis brands, including Doja, 7ACRES, Tweed, and Deep Space, in addition to category-defining vaporizer technology made in Germany by Storz & Bickel. The principal activities of the Company are the production, distribution and sale of a diverse range of cannabis and cannabinoid-based products for both adult-use and medical purposes under a portfolio of distinct brands in Canada. Its Canada cannabis segment includes the production, distribution, and sale of a range of cannabis, hemp, and cannabis related products in Canada. International markets cannabis segment includes the production, distribution, and sale of a range of cannabis and hemp products internationally. Storz & Bickel segment includes the production, distribution, and sale of vaporizers. This Works segment includes the production, distribution and sale of beauty, skincare, wellness and sleep products.


TSX:WEED - Post by User

Bullboard Posts
Comment by GaiusOctaviuson Apr 09, 2014 6:23am
146 Views
Post# 22428332

RE:High Cost and Potentially 600 Competitors Vying to Supply MJ

RE:High Cost and Potentially 600 Competitors Vying to Supply MJThe high cost of doing business in Canada could eat this company alive. Canada has a small population and there will be a limited number of customers who are allowed to obtain medical marijuana. Insiders granted themselves stock options at a measly .89 cents per share while most of the retail investors paid 3 to 4 dollars per share for Tweed stock. The competition will be fierce and that will result in bidding wars to offer the cheapest medical marijuana prices. I think it will be very challenging for Tweed to turn a decent profit in this type of environment. The company might not make a net profit. If Tweed management had any sense they would upgrade the stock to the NYSE stock exchange. Buying volume is going to dry up if this remains on the TSX venture exchange and eventually turn into massive selling volume. Plus the company will soon be dumping their remaining surplus of shares on the market.
Bullboard Posts