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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 Dontbesogreedyon Sep 01, 2017 1:50pm
38 Views
Post# 26648213

RE:TGOD got a line of credit with a credit union

RE:TGOD got a line of credit with a credit unionanother exemple would be aphria

Aphria has a 1M line of credit, it  is secured with first charge (I do not think first charge are a conventional financial institution or a credit union, I have no way of checking this before Tuesday after the holidays) It's a little like if I had a personal margin and used it for the corporation...not the same thing at all (this is only my opinion)

 

https://aphria.ca/wp-content/uploads/2017/07/Q3-2017-FS.pdf

 

p15#13

back to cronos:

when a cie like Romspen Investment Corporation makes an investment it must take the money from what they have accumulated from various investors (their return on investment is about 8-10% per year, so not bad if you are into that...they are pretty stable too)

https://www.romspen.com/about-romspen/investor-returns/default.aspx


on the other hand: TGOD

The major consideration is : money is simply not real

Banks and credit union is completely different: bank typically lend about 25-30 times what they have.  it's about 8-10 times for credit unions (the old ratio does not apply anymore...but they still follow the rules)

so when TGOD 'borrows' for the purpose of lending it to TGOD: 5 millions is created out of thin air by the central bank and through clearing is past down until TGOD get her cash...when TGOD pays back the 'money' is then 'paid back' to the central bank and 'destroyed' (considering it never existed...you know what I mean)  it's just a few computers talking to each other and doing some debit and credit and what's not


This is why it is such a big deal what happened today...TGOD is the first to accomplish this (to be honest, I was expecting Bruce to be the first...so I'm a little surprise really.
Bullboard Posts