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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 CytochromePon Sep 11, 2017 9:22am
132 Views
Post# 26678799

RE:Globe says Canopy, rivals hear Ontario plan problematic.

RE:Globe says Canopy, rivals hear Ontario plan problematic.Their rollout plan is much too small, as you pointed out here. It will only work if they supplement the retail stores with a online order and mail service. The LCBO already runs something similar.

Playa2012 wrote:

2017-09-11 08:24 ET - In the News

See In the News (C-WEED) Canopy Growth Corp

The Globe and Mail reports in its Saturday, Sept 9, edition that Ontario will restrict retail of recreational marijuana to LCBO-run stores. The Globe's guest columnists Rosalie Wyonch and Anindya Sen write that only 40 of these locations will be in place by next July 1, the federal target date for decriminalization, with a total of 150 locations expected by 2020.

While this plan gets some things right, it is a missed opportunity and nearly the most ineffective possible choice to accomplish the goals of minimizing the black market and protecting public health. First, while 40 retail locations may sound sufficient, compare that with the at least 100 retail storefronts and delivery services for marijuana currently advertised in Toronto alone.

Having few retail locations means that access to recreational pot will be inconvenient for a significant number of Ontarians. Recreational consumers are highly unlikely to switch their dollars to the regulated market if there is not easy access. This will mean that there will be significant opportunity for the black market to continue operating in all the areas without enough legal stores to meet market demand or that are inconvenient to access.

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