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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 JohnnyNoBrakeson Mar 02, 2015 12:04pm
63 Views
Post# 23480086

RE:RE:RE:These area has a future.

RE:RE:RE:These area has a future.
The cash burn may or may not be a real issue. MMPR just started April 2014 and I do not think it will be long before the LP's can not only start manufacturing concentrates, edibles, tinctures, etc. but they will be able to save money by using all parts of the plant (less waste). My faith in management is that they will continue to perform as they have performed, and since they have come a long way in one year I expect future years to only get better and better.

It seemed like the bottom was a little below $2 until they came out with their quarterly results which were positive. The new bottom could be around $2, or maybe because the share dilution was around $2.15 that might be near the new bottom. If I can get in for $2 again I will but it might not make it that low this time. Since I rebought half of my shares already I will wait to get a better feel for the market, but sentiment is going up, not down.
Bullboard Posts