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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 GoldenMooseon Jun 23, 2018 12:22pm
143 Views
Post# 28218351

RE:RE:Sell now and miss the train to $50

RE:RE:Sell now and miss the train to $50Why are you concerned about revenue pre rec? Be concerned about EPS or inventory levels but I don't understand your concern with the 20M in revs. You just admitted you sold the bulk of your holdings so I can see why you are trying to influence this board with your "miserable" predictions so you can rebuy in the 30s. Stay GOLDEN, Moose
doobiebaby wrote: Mayham, I don't disagree with your assessment long term.  I believe that WEED will be a $100 stock easily one day.  So I agree with the buy and hold strategy, but I don't like this price with the realatively horrible earnings that are about to be announced.  The future does indeed look just as good as ever, but the next few months are going to be miserable until October hits.  WEED's valuation went nuts in the last six weeks which is great for holders of the stock.  And I think this is still a great long term entry point as you point out.  But I would not put new money into WEED until after they announce earnings because I think the stock should be no more than $30 right now given the prospects over the next 3 months.


Bullboard Posts