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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 TexRitteron Dec 19, 2017 12:19am
116 Views
Post# 27184301

RE:Why Canopy Might Be the Best Pot Stock to Invest In

RE:Why Canopy Might Be the Best Pot Stock to Invest InI think the article dmittedly mentions its own weak spot in the analysis - you can't go on the more traditional valuation principles for this sector. I think Canopy is still the best and safest investment, but I think Aurora is definitely no. 2 based on its expected production capacity both here and overseas, along with its acquisitions/partnerships etc. I am glad I have shares in both. I also think the comments he made about the Aurora price rising as a result of the Cannimed takeover bid show that this author did not research it very closely - the stock was rocketing to 8; the cannimed takeover bid has actually suppressed the share price  as people sit on the sidelines awaiting the result, and it has been hovering around 7 dollars give or take .25 basically since. Based on other price points (Canopy, Aphria, Emerald, MedReleaf, Cannimed), I think Aurora would easily be at that 8 dollar mark right now, probably between 8 and 9. Its Europe announcements alone on the heels of Radient, Larsen etc would have seen that in a market priced on expectations. I also think Canopy will probably pass 21 again this week  for the first time in a long time based on recent announcements again relating to projections/expectations, and a new high very soon. If the takevover bid is successful for Aurora, that share will very rapidly enter into the 12 - 14 dollar range.
Bullboard Posts