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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 falconsrighton May 09, 2017 6:00pm
305 Views
Post# 26223241

Here's what's going to happen, whether you like it or not

Here's what's going to happen, whether you like it or notThis market correction was way overdue. C'mon guys, these pot stocks all went up %400-1000 in 2016...and you thought it's going to go up another %400 in 2017. No, 2017 was the year of the correction and next year in 2018 it will be gains and hype again. It was bound to happen. Task force report propped it up in December then legislation in April. Now that theres no more hype around the corner for a long time...the correction has kicked in and ppl are bailing, appropriately so. Why hold when u can sell and buy back with more shares in July at 5 bucks? This downtrend is not going to all of sudden stop out of nowhere. So here's what's next. Tomorrow everyone will wake up and see bids starting to line up, only to get crushed by shorters as they did today (remember I was telling you Squishy about that trap when it was at 8.60s?). Same thing tomorrow...it will start building up, then BAM! Down to 8 bucks tomorrow. It will hold and close just above 8 as its a psychological support. Until Thursday when we break below it, and close below 7.65. On Friday we will all wake up to a huge gap DOWN and open in the low 7s, my bet is we see high 6s on Friday.
Bullboard Posts