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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 FalconMon Nov 27, 2017 7:09pm
106 Views
Post# 27042168

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Worth Watching

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Worth WatchingThe two most plausible views for convergence would be the 6 month and the 3 month, because they show the greatest convergence between all major LPs. Looking at WEED & OGI their difference is that WEED has 90.19% extra gains over OGI on the 6 month view, while WEED has a 36.97% lead over OGI on the 3 month view. You can do similar stats for FIRE & APH. I'm not sure which one out of the two is more ideal to use, but for WEED to close the 90% gap on the 6 month view there will need to be some serious moves. WEED would have to definitely close the Constellation gap in that case and I don't think thats going to happen because in my books its a breakaway gap. What I can see happening is short-term convergence on 3 month and long term convergence next year. That said, I don't expect WEED to make any significant gains based on trading momentum until we get much closer to legalization. Well see GLTA.
Bullboard Posts