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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 saveyourselfnowon Jul 22, 2018 1:43pm
121 Views
Post# 28350305

RE:The play on Monday by Chart Man Dan

RE:The play on Monday by Chart Man Dan
Duediligence33 wrote: The chart man describes what the traders have planned on Monday. A typical 3 % gap down low then a reversal for a modest bounce to lower highs. He mentioned institutional sellers getting out as others here have mentioned and Doobiebaby made VERY good points for his selling over $ 40 about 10 days but his rationale about the Hiku being ill advised was dismissed by the board. 52 week high is $ 48.72 52 week low is $ 8.15 Average is $ 28.44 I will buy a trade at $ 30 sell at $ 32 I will buy a trade at 28 sell at $30 I will buy and HOLD at $ 26 to October 17 for new all time high $ 55 or so Sell ALL then as the MJ sector will then trade on Fundamentals revenue and costs containment and profits. Unknown surprises could screw this up such as Ontario MOU being more or less than expected and some partnership with APH or ACB by major pplayers such as Diageo or Molson or some major media report of a good or bad new developments Talk of going to 0 is just as crazy as talk of $ 150 for THIS year 2018 but 2019 could be anything depends on politics and revenue and social acceptance of MJ use edibles and beverages and impaired driving and workplace safety issues. Not pumping Not bashing Just trying to make money like everybody else have to be realistic


I like your analysis.  You admit there will be better buying opportunities even short term but better mid term.

The charts say so,,,

https://www.tradingview.com/symbols/TSX-WEED/

You are neither a pumper nor a basher.  Just a person who offers common sense analysis and I applaud you for that.
Bullboard Posts