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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 progrow3333on Nov 18, 2016 5:07pm
269 Views
Post# 25483181

One of the main reasons I am LONG CGC...Bruce

One of the main reasons I am LONG CGC...BruceNothing like have the most insightful CEO in the industry in your corner. This is probably my favourite snippet from the conference call: For the people who are covering the sector, I continue to believe that everything that we are doing now will have interesting metrics, whether it's patient count or kilograms sold, or total shipments made. But really we are still in the stretching exercise process of creating companies that are going to have the scalability to handle what's coming next. And so for the analysts, I pity the job you have to do, which is a predictive model for a sector which is growing at an unpredictable rate, for companies such as ours which are looking to be substantial at this year, next year, and the following year. But those shapes and curves and activities and geographic location, frankly are evolving as quickly as each quarter goes through. And so you saw that in our activity in Germany, where we were the first Canadian Company to export to Germany. Germany is going to be a very interesting market. I can't say when or how, but it is opening up. They are looking at the Canadian regulatory framework, and they are viewing it as a good one. And so I think being a leader in that space will help. You also saw, I'll call it a recent acquisition in Quebec. I think everybody will recognize that Canada is going to have a multi-brand multi-regional market. You'll recall that the name of the Company is Canopy, and Canopy is a terrific place under which to place brands. Bruce is the man. Just for those of us who need the reminder to stay the course.
Bullboard Posts