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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 tricHOMEson Dec 02, 2016 4:30pm
223 Views
Post# 25548820

RE:RE:Future for Licensed Producers

RE:RE:Future for Licensed ProducersBased on the last 3 quarters, Licensed Producers were only able to sell an average of 80% compared to the total produced. Take into consideration that all LPs are not producing at their maximum capacity, and legalization most likely not taking effect until 2018, racing to produce for the recreation market is not the biggest concern. These LPs already obtain a golden ticket to produce. But if the Federal government decides that the price of cannabis is $7/gram instead of $12/gram, this will be the deciding fate for LPs. It does not matter if you can produce the most product, but if your production cost is $8/gram, you are not a profitable company. This is when keeping the opration cost low becomes crucial. 
Again, the Federal government if focused on pinching out the black market and there is no other way to win other than PRICE per gram...
Bullboard Posts