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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Comment by AnthamInveston Apr 10, 2018 10:08am

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Post# 27858574

RE:Reasons

One of the more popular algos used by momentum investors/funds is the 10/100 Moving average. They might tweak the settings slightly, but overall, the strategy has proven to outperform the market.

Basically when the 10 day Moving average approaches/crosses the 100 day, it is time to either buy , if its on the way up or sell/short if its on the way down. The strategy is detailed in "Following the Trend: Diversified Managed Futures Trading" by Andreas F. Clemow.

I belive momentum investors/funds might be heading for the exits and this makes "small" investors sell. They will be back in once the trade heads the other way.

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