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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 Kevelleon Feb 27, 2018 11:23pm
330 Views
Post# 27633765

The rebound is coming... patience is key

The rebound is coming... patience is keyShort selling was banned for financial stocks because false rumours and misinformation were being spread, and manipulative short selling caused unjust downward pressure, leading to a decline in the share prices of the banks, which then led to a lack of confidence in the banks themselves.  This short selling ban applies to just 13 Canadian Banks and Insurance companies. Canadian weed stocks are not protected -hence the current downward pressure.  False information is being spread to force lower share prices, however, the strength of the Canadian Marijuana industry will be clearly apparent shortly after legalization.  We are likely to see implementation of a standardized accounting system to allow investors access to information needed to make informed decisions.  By year end 2018 with preliminary sales revenue reports available and the success of the industry will be evident.  Watch for a rebound in MJ share prices in late Spring 2018 and a strong bullish sentiment going into summer ahead of fall legalization. 
Bullboard Posts