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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 SupermanLanternon Mar 07, 2018 1:32pm
135 Views
Post# 27676956

Bruce

BruceThe Financial Post reports in its Wednesday edition that Canada fell to a surprise second place behind the United Kingdom in 2016 legal cannabis production. The Post's Mark Rendell writes that according to a U.N.-backed report, the U.K. produced 95,000 kilograms of legal marijuana in 2016, compared with Canada's 80,732 kilograms. The U.K. exported 2,100 kilograms, 67.7 per cent of the global total; Canada moved less the 100 kilograms across borders in 2016. The U.K.'s finish at the top of the pile is unexpected, given the country has no legal medical cannabis framework. It does, however, allow the cannabis-based product Sativex, which is produced by GW Pharmaceuticals, for multiple sclerosis treatment. A handful of the largest Canadian pot companies made a significant push into Germany last year after the country legalized medical cannabis last spring. Aurora Cannabis, for example, sold $2.5-million worth of dried cannabis in German pharmacies in the fiscal quarter ending Dec. 31, accounting for 20 per cent of total revenue. Bruce Linton, who runs Canopy Growth, suggested last week that international medical cannabis sales will likely make up the largest chunk of revenue for Canopy within the next several years
Bullboard Posts