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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 17, 2014 10:59am
109 Views
Post# 22463033

RE:Marijuana prices are crumbling no business case

RE:Marijuana prices are crumbling no business case
high2 wrote: It appears that companies are falling over themselves and trying to get into the business of growing marijuana.  However Legalization of marijuana in several STATES and Uruguay has caused a major drop in marijuana prices.

MArijuana sold for $12/gm in Urguay before legalization...it now sells for $1/GM

BC BUD has dropped half its price since Colorado legalized its marijuana industry.

Legalization will continue in the US and the world.  The growers will be a short investment and will eventuaally fizzle out as everyone will be able to grow their own or buy it from associates.

Dispensaries in Canada are liquidating their stocks with the new regulations.

TWD has value around the $2.5 range...I say it will trade between $2.25 to $3.3 range...dont get caught up in the fact that TWD has some kind of licence to print money...their licence will soon be meaningless when more States legalize it and it gets cheaper and cheaper to buy


Bullboard Posts