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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
Comment by TONNAGEon May 19, 2018 1:05am
118 Views
Post# 28055891

RE:RE:RE:RE:RE:RE:Just wondering....

RE:RE:RE:RE:RE:RE:Just wondering....
herewegobigboii wrote: It would probable depend more so if you’re day trading. If you’re holding long term it doesn’t matter. 1 share of WEED=1 share of CGC. It would represent the same ownership in the company.  Again, most of the time interlisted securities trade very closely with each other. Take a look at banks, telecoms, and energy companies. 


So basically your not going to see CGC trading at $50 USD and WEED trading at $39 CAD type of scenario?  If that did ever happen could just call your broker and have them convert your WEED shares to CGC and sell at the higher SP? Or this scenario is unrealistic which is why they trade close in value?  The reason I originally started this topic was because I didn’t understand the benefits of holding WEED shares if the Americans are going to flock to CGC shares and boost that SP? So WEED shares on the TSX will also reap the rewards of the CGC SP moving north I take it.
Bullboard Posts