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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 Seaniganon Apr 14, 2016 1:30pm
276 Views
Post# 24767157

Cash flow positive

Cash flow positiveAfter listening to that BNN piece someone posted this morning where the analyst mentioned how many institutional investors are waiting for CGC to become cash flow positive before piling it it really got me thinking.... I know expansion in anticipation of legalization is the priority, but would it help for CGC to prove themselves cash flow positive first?

Looking at OGI's performance this week, it looks to be a pretty big deal. I'm hoping the PP that closes tomorrow is the anchor that's holding us back compared to others. 

I have no doubt we have the strongest investment of the LPs. I'm more or less wondering if proving cash flow positive would vault us into the big leagues with the institutional investors. That might hopefully lead to the big board listing on the TSX. I think whoever is the first to that gate will sprint out ahead of all others. 
Bullboard Posts