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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 BullorBear46on Mar 26, 2017 9:51am
146 Views
Post# 26031926

RE:RE:FINANCIAL POST;accounting complications re:biological assets

RE:RE:FINANCIAL POST;accounting complications re:biological assetsQUOTE FROM THE ARTICLE : 

Biological assets amount to tens of millions of dollars per quarter for a large, expansion-mode company like Canopy because they have so many plants growing, says Vahan Ajamian, an analyst at Beacon Securities.
........given the Canadian government’s plan to introduce legislation to legalize recreational marijuana in the near future, Ajamian sees little risk that demand could suddenly dry up. "

Marijuana inventory is like money in the bank...............




Bullboard Posts