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.

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Canopy Growth Corp

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Comment by Interpolation1on Aug 08, 2016 9:28am

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Post# 25118868

RE:RE:RE:RE:$25Million Financing Announced

No. Forgetting "fully diluted". There are just under 100M shares I think outstanding. This is only for illustrative purposes so the exact numbers are not relevant. ALL TIHINGS BEING EQUAL. If they issued 100M shares at $3.65 over time the SP would move to the mid point between $3.65 and the current SP since they doubled the shares. In this case, they are increasing the shares by less than 7%. Those buying may or may take advantage of the instant arbitrage. From there ... what are they using the money for? Keeping the lights on would result in the SP dropping like a stone ... prudent value added investment and expansion would actually translate into a SP increase such as taking over out of province LPs or even Ontario ones or adding a HEMP line (sorry, I am fixated on HEMP!). That offering is good and value added. THAT SCENARIO IS OVERSIMPLIED AS THE PUBLIC FLOAT SUPPLY INCREASED AND THAT EXCESS SUPPLY PUTS FURTHER DOWNWARD PRESSURE ETC ETC ... I was just giving the ECO-101 "all things being equal" reply. The favourable DEMAND factors outstrip the unfavourable SUPPLY factors ....

No worries as any downward pressure will quickly reverse itself (just look at APH and OGI for recent relavent comparitors).