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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 PotStockeron Nov 11, 2015 1:56am
112 Views
Post# 24279966

RE:Complicated, I think your valuation is totally wrong

RE:Complicated, I think your valuation is totally wrong
PotStocker wrote: 1, The market price of recreational weed in states https://www.priceofweed.com/prices/United-States/Colorado.html . So I guess you will never get 2$/gram. Recreational weed will become a commodity, it will always have profit room for growers and will always remain the most expensive one. If growing wheat, fruit can be profitable, so will the weed.

2, And weed will always be controled by government like tobacoo. Have you heard any tabacoo company having problem to find consumers? It appears they are making lot of money

3, Weed can be patented. Not all the streams work for everybody. People has different taste so some stream will make good sales and some will not. 

4, Weed can be used as the material for some medicine so it will be sold world wide

5, 12 time forward earning is not right. As a growth company, the PE is about 25~ 35 times.

At this moment, I am not a fan of cgc. I have not changed my view till now. I am a fan of MT. And I am a big fan in this sector. this will be new oil industry in Canada. It is green.

We can come back one year later and have another discussion about the sector and companies.

There was a very similiar thing happened in IT tech about 20 years ago. Now, there are some companies making billions of $, and there are even more comapnies disappeared. It is going to be the same in pot industry. It is very promising but the company needs to be very careful with its money. 




So, do you agree with me Complicated ?

Bullboard Posts