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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 Infirstmoneyon Jan 20, 2017 12:55pm
178 Views
Post# 25734350

RE:RE:RE:RE:RE:Weird

RE:RE:RE:RE:RE:WeirdYes of course a lot of people bought on the Germany factor. Truth is however, that Canopy has run the farthest, and climbed the highest. So it does have a high valuation. That is why you see a pause here. In addition, Canopy has many deals and JV's waiting to close, so yes, normal to see some overhang, until they wrap up.  But worry? Canopy will supply almost half the market here in Canada, with product being exporting to Germany, to Brazil, to Australia. They will soon have major operations added, in Ontario, and in Quebec. They will soon have stakes in companies going public in Australia and in Soth America. Ownership of a German distribution and logistics company about to close. Recreational pot laws coming to Canada, and on and on, so no need to worry. And the dumb arguement that anyone can grow weed is so silly. Like saying Molson will go bankrupt because anyone can make beer, or Saputo will close their doors, because anyone can milk a cow. Just so silly.
Bullboard Posts