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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
Post by xauxag9on Feb 02, 2018 2:17pm
193 Views
Post# 27491871

ya think it might of been the price/sales ratio of 175?

ya think it might of been the price/sales ratio of 175?At the peak, Canopy had a market cap of C$7 billion. It had sales of $40 million in 2017. $7 billion divided by $40 million gives you 175. It was a valuation bubble. The fair market cap value for Canopy ? who knows, but $7 billion was a quite silly.
Bullboard Posts