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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 Tweedledeon Jun 22, 2017 9:22am
106 Views
Post# 26391582

RE:RE:RE:Several ThoughtsQ

RE:RE:RE:Several ThoughtsQ
starsearcher40 wrote:  I'm not convinced the Golman idea is the direction they're heading. It sounded like a good idea at the time, but we haven't seen ANYTHING pan out in this direction, which makes me think there has been a change in thinking/direction.


We have a non binding agreement, so we do have the right to walk away.  However this deal was announced 8 months ago.  Goldman requires time to locate, purchase, build/retrofit to Canopy spec.  I wouldnt brush it off as a dead deal yet.  In fact I would be shocked if anything location built to completetion in this time period.

starsearcher40 wrote:
  At the time, cash flow was an issue, and this seemed like a reasonable solution. But if you don't have to be a renter, and have the money to back you up (which Bruce now does...certainly TONS more cash than a year ago), then Goldman may prove to now NOT be the chosen route.


Look at the EMH leasing deal announced.  There is ownership stakes involved in these J.V.  But there is certainly a 'rent' portion as well to run the facilities.  Some may think that is short sighted to sign up with.  But lets recall Canopys ultimate goal.  Pull further ahead of the pack.  Expand and grab as much market share as possible.  This means we need to scale quick, and have product to sell.  The Goldman deal can achieve this goal.  I wouldnt brush it off as a dead deal at all.  It aligns with our objectives.

starsearcher40 wrote:
As for Germany, Canopy has submitted their application which is to be an on-site (in Germany) LP. So as for a discussion as to "why don't they just ship"...well, it doesn't seem relevant.  Canopy obviously intends to have a footprint there for production.


I expect Canopy to have a footprint in Germany.  I just dont feel cash is the way to enter. And I feel we have more pressing concerns in Canada to use the cash, then we do in Germany.  Germany we are making inroads as we speak to aquire marketshare and export the Tweed brand.  When the time is right, we should be dilluting our substantial market cap to move on this.  This is my opinion though, I'm no expert on these things.


Bullboard Posts