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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 WinterCon Oct 18, 2016 7:59pm
320 Views
Post# 25358456

RE:If you sold out already, come back in. Let me tell you why..

RE:If you sold out already, come back in. Let me tell you why..Aphria stated they are looking to capture 10-15% of the market and is growing the capacity for. In comparison, CGC stated that they are looking to capture 40% of the 6 billion recreational market. At 100 million shares, 1 billion dollar market cap means $10 share price. At 3 billion dollar market cap, this means a share price of $30 with 100 million outstanding shares.

With Medical MJ market being 1.2 billion, recreational being 6 billion dollars (growing to 8) and food industry being ??? Expect, $40 share price, when? I'm not sure.

https://www.obj.ca/Local/2016-09-15/article-4641418/Canopy-Growth-Corp.-aiming-to-dominate-the-world-marijuana-market,-CEO-says/1

They will get ready in Canada, after 5 years and the state rules are gone, CGC will enter America and other countries that are lagging behind.

Bullboard Posts

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