Canopy Growth Corp T.WEED

Alternate Symbol(s): T.WEED.DB | CGC

Healthcare Cannabis

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

Canopy Growth Corp

Bullboard Posts

Comment by FalconMon Oct 26, 2016 12:45pm

169 Views

Post# 25388189

RE:RE:RE:Share price

I think its the opposite my friend.

Real companies with no profits..
Real customers that produce ... no profits..
Huge growth in a tiny medical market, while aggressively spending on a rec market not yet producing ...profits....
Task force report = hype bubble suspectible to downward pressure (firms are short right now)
After the task force, the spring legislation will be like Trudeau saying hes going to legalize after he was elected = no impact

Basically I'll say that you are about to miss and your thinking is torqued. 3 rational scenarios can unfold.

The same investment firms are likely shorting this as during the post-Trudeau election. Hence the similarities in the charts. I've been looking closer, the technicals are IDENTICAL. RSI, stochatics, money flow, volume (proporationally), MACD, its all there for you to see, its all the same. This is likely a dead cat bounce. Stock will close in green today, and by Friday we will be at $5.00. Hell, last year this rally also started on a Wednesday. Just look at Nov. 9th 2015. Its the future in the past. Its amazing. They will let you buy it up to the 5 day MA. Have fun doing so. I am going to make one decisive trade below the 20 day MA.

starsearcher40 wrote: Falcon, drawing any comparison to charts from a year ago is absolutely ridiculous and irrelevant. All there was was a Trudeau election promise, and then a huge vacuous gap. OF COURSE IT CAME DOWN.

But today?

1) Real companies
2) Real customers
3) Huge growth 1/4 or 1/4.
4) Imminent Task Force Report.
5) Spring legislation

I'll put it bluntly. Your thinking is so completely torqued right now that it is blinding you to what the MARKET is saying. You're bringing in irrelevant considerations and postulating them as somehow worthy of thought. They're not. They're not even in the ballpark of consideration. More like some other planet. Everyone is welcome to their own opinions Falcon. But you're about to miss here. And big. The trades have stabilized and the stock is ramping up nicely again. Ok, sit back and keep dreaming of $3-$4. In the mean time, I'll chose to make real money in the market that is showing a buy on all fronts.