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Canopy Growth Corp T.WEED

Alternate Symbol(s):  CGC | T.WEED.DB

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 Bobthebuilddron Jan 30, 2017 9:55pm
2469 Views
Post# 25775642

So you canopy is a overpriced investment?

So you canopy is a overpriced investment?Ever looked at GWPH pharmaceuticals? Q4 reporting period they had a revenue of just over 2 million, or 12.93 million per year atm. There market cap is currently 2.6 Billion. And there share price is $113 US per share. And the only thing that they sell is CBD gel caps. When CGC Q3 financials come out, I would anticipate a revenue of around 25 million. So annual of 100MILLION. ONLY WITH MEDICAL. So do the math on potential. 9.82 x 7.73 = $76.79US per share if you increase GWPH revenue to equal that of WEED'S revenue. Underpriced? I think so. And that's not even talking or looking at recreational. Those who take risks in newly developing markets become millionaires or multimillionaires. Let the " smart money " buy in when the annoucement that the bill has passed into law. By then they can pay 20 or 30$ minimum and get a tiny position instead of a nice big fat positon they could right now.
Bullboard Posts