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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 EquityInveston Feb 12, 2018 6:45pm
146 Views
Post# 27547702

RE:RE:RE:Wed earnings a disaster looks like

RE:RE:RE:Wed earnings a disaster looks likeI don't agree with the assumption that Canopy's earning report this Wednesday will be a "disaster."  Remember that Canopy recently closed an oversubscribed bought financing deal with BMO and GMP at $34.60 per share.

The share price in the bought deal did not come out of nowhere.  It is safe to assume that BMO and GMP came up with $34.60 based on analyzing Canopy's interim financial records and yet-to-be released operational plans, including accretive acquisitions and investments.

Nothing to worry on this regard, in my opinion.
Bullboard Posts