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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
Post by GaiusOctaviuson Apr 15, 2014 10:51pm
218 Views
Post# 22456421

TWD IPO was originally priced at 0.89, TRUE value

TWD IPO was originally priced at 0.89, TRUE value Tweed's IPO was originally priced at 0.89, the TRUE value of the company. Presumably the people pricing the shares at 0.89 had the benefit of access to cost estimates, market analysis, business plans and pro-forma financial statements. Why would anyone without access to any of that information value the company at three or four times that? Ask yourself why Tweed went public. They didn't need access to financing. What they wanted was access to overly zealous investors who would pay three or four times the true value for shares based on pure speculation.
Bullboard Posts