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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 Ducksoup000001on Feb 14, 2017 6:06pm
265 Views
Post# 25845757

Too much inventory is a issue

Too much inventory is a issueFor all LPs, the Health Canada test standards applies, not just WEED. So the data shows the market expectation of the explosive growth may be too high. So the recent run up is not warranted thus the sp must come down and so be the forward looking growth rate. 

I am not a basher or trying to pour cold water. The company is still on a growth path and it would need to put out more encouraging data to substantiate the next possible run up. BTW, the Mettrum data is not to be of very much importance to the overall picture due to the recall - they lately hardly sold anything to make an impact to the bottom line. Their contribution is the vast acres of production considering they do not even have a brand-named product of their own.
Bullboard Posts