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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 May 20, 2018 4:29pm
203 Views
Post# 28058434

Technical Analysis

Technical Analysis I'll apologize ahead of time because I know this is going to offend some people. Technical analysis is useless in an emerging growth industry. Technical analysis always Trails the stock. If the stock Rises on good volume all indicators go green. If the stock Falls indicators start to go negative. Basically technical analysis tells you what you already know from watching the market. Let's be honest if technical analysis really worked everyone in the world would be rich. People that provide technical analysis, if they really believed in their own technical analysis skills, wouldn't waste their time sharing it with you they would be too busy making millions themselves. The ride has begun and the shorts have already started to feel the squeeze but it's nothing in comparison to what's about to happen. I don't need lines on a chart to see that this stock is going to have a massive run in the next 6 to 12 months. Congrats to all the longs that held strong through the b*******. It's tough sometimes because there is so much negative information at times it's tough not to second-guess yourself. When I first invested in canopy I loved the company, I loved the story and I loved the management and their Style. Since then the story and the management and the industry have only gotten better and that's what I base my decisions on. Sorry for the long post.
Bullboard Posts