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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 TONNAGEon May 22, 2018 11:23am
168 Views
Post# 28063417

Thoughts on NYSE POP!

Thoughts on NYSE POP!Let’s say CGC pops 37%+ like cronos when it listed on Naz. Do you guys feel that this initial pop will correct/retract like cronos or that there are too many positives down the pipe to bring it back to initial NYSE listing prices? I know greed/speculation can squeeze an enormous amount of upside into an SP but at what realistic point does this bad boy stabilize? You have to figure at some point the financials won’t justify the SP valuation this early in the game, at some point yes, but are people buying in now for the potential revenues 2-3 years from now? Like the valuations/sales INVESTIGAT0R has posted, I believe they are more than capable of achieving but are we buying now for the futures possibility? Or does everyone dump shortly after NYSE?
Bullboard Posts