Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 Duediligence33on Feb 16, 2017 7:36am
227 Views
Post# 25853518

That is the better article on Canopy

That is the better article on CanopyCanopy Growth: Best Long Term Investment In Marijuana Feb. 15, 2017 2:25 PM TWMJF Summary Canopy Growth's y/y Q3 revenue soared 244% from $2.6 million to $7.3 million while y/y revenue for the 9 months ending 12/31 grew 227% from $5.9 million to $19.2 million. Canada's political and social situation collectively show a positive reception to legalizing marijuana , enabling a friendly environment for Canopy Growth to expand their business. Research reports indicate that annual Marijuana sales will reach between $5 billion to $8 billion by 2021, assuming legalization takes place. Just the Beginning Canopy Growth (OTCPK: OTCPK:TWMJF), previously known as Tweed, has emerged as the dominant medical marijuana supplier in Canada. The stock is up over 350% in the past year from $2 to a little above $9 currently. Canopy Growth recently changed its TSX ticker to WEED and announced its acquisition of Mettrum Health Corp (TSXV: MT). Earlier today, the cannabis giant reported its Q3 2017 financials which saw the company posting significant y/y growth on the top line as well as completing a key acquisition in Mettrum Health. Canopy's y/y Q3 revenue is up 244% from $2.6 million in 2016 to $7.3 million in 2017. For the 9 months ending 12/31, y/y revenue is up an astonishing 227% from $5.9 million to $19.2 million. Despite the healthy growth and great fiscal year thus far, the stock tanked 8% today following the earnings report. We believe this dip, which was expected by those who follow the stock closely, opens up a nice buying opportunity for long term investors who are looking to invest in an industry with massive upside in the next half decade.
Bullboard Posts