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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 55orbuston Apr 19, 2018 11:09pm
422 Views
Post# 27915293

Concerned

ConcernedLet me preface this by saying I am long on Canopy Growth and have no immediate plans to change that. However , I will say for the first time I am concerned about something. It might surprise everyone because so many people on here have been cheering the recent developments in the US. 5 years down the road the US could legalise and I would put my pom poms on and cheer for it but I don't think Canopy has enough of a head start to compete with the big money in the US. My reason for worrying is Canopy has a market cap of 6 billion. Is it not possible that someone with really deep pockets could duplicate the growing capacity of Canopy for a fraction of that. I know Canopy has a lot of technical expertise and proprietary information but people can be hired for that. I will be watching very closely to see how fast things are developing down there. Tim and anyone else that sees it different, I would love to hear your viewpoints on this. Hoping for Nasdaq tomorrow or soon.
Bullboard Posts