Canopy Growth Corp T.WEED

Alternate Symbol(s): T.WEED.DB | CGC

Healthcare Cannabis

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.

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Canopy Growth Corp

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Post by aebestaceyon Mar 18, 2018 4:25pm

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Post# 27736325

Some REAL NEWS ...................

At the Lift Conference in Toronto last May, Aaron Salz of Stoic Advisory pointed to a robust public market for Canadian licensed producers in contrast to the lack of established publicly-traded ancillary companies, a very different situation than in the United States.

With a narrow universe of license holders as well as an immature market for extracts given the current limitations on form factors, it's not surprising that there aren't yet more well-established ancillary companies focused on the Canadian cannabis industry. Tracking a few leading private companies, like Ample Organics (software) and Advanced Extraction Systems (large CO2 extraction machines), are just beginning to see the emergence of publicly traded ancillary companies in Canada.

This week, it was noted Rosy Mondin, the CEO of Quadron Cannatech, one of the first public Canadian ancillary companies describing their extraction system which should begin to produce revenue in 2018.

Radient Technologies, a company in which strategic partner Aurora Cannabis has invested, with the companies looking to use Radient's microwave technology to extract CBD from hemp as the laws in Canada change. RavenQuest, which is developing several technologies and provides consulting and managed services, began trading publicly in October.

Expect U.S. ancillary companies to shift some resources and focus to Canada and have seen this to some degree (CannaKorp, HelloMD and Surna, for example), anticipate that its in the very early days for the Canadian ancillary companies and expect to see a lot of focus from entrepreneurs over the next few years.

The Deloitte study at the end of 2016 projected that the ancillary market in Canada would be more than twice as big as the retail cannabis market. As legalization and eventually a liberalization of the types of delivery methods play out, we expect to see all types of new ancillary companies form in Canada, where growth capital is relatively abundant.