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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 raptor57on Aug 25, 2016 9:59am
163 Views
Post# 25175472

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:NR - Financing Completed. CAD$34.5M

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:NR - Financing Completed. CAD$34.5MI decided to try and educate myself on this BD and I think I come away with a better understanding of "Bought Deals". My sources are, the final short form prospectus and an fomer investment banker with First Energy, The first thing that comes to my attention is the total upside to the underwriters is 5.75% of the offering price ($1,637,672.50) and 4% of the over allotment (approx $350,000.00), Canopy is entitled to include investors on the pesidents list for shares on the over allotment. The underwriters (GMP/Dundee) cannot sell on the open market they can only sell to their clients and presidents list at no more than $3.65 or less the sale or distribution of these transactions never shows up on venture exchange, as soon as their clients receive the shares they can sell or hold at their discretion, NO hold period, investors from Canopy on presidents list have thirty day hold, NOW before anybody beats me over the head with a stick, please correct me if I am mistaken, I am all ears, knowledge is KING! Raptor.
Bullboard Posts