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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 AnthamInveston Jul 30, 2018 12:30pm
189 Views
Post# 28385804

RE:RE:update 2

RE:RE:update 2I think Bruce is disappointed by the weakness in institutional investment.

i believe he said he would like it to be 60/40.  He alluded that it was the opposite, but didn’t state it.

starsearcher40 wrote: I would agree that in general, little/retail investors tend to gravitate to shares that are a cheaper price.  Silly but true.  I'm surprised though that Bruce said there was weakness on the Institutional side. I would imagine the interest is there, but perhaps they think the price is too high.  Not sure what to make of that.

AnthamInvest wrote: Bruce says:
The board may be meeting as soon as this afternoon to discuss the split.

The reason behind the split is because of lack of institutional investors. The little investors who make up the bulk of Canopy prefers cheaper shares.

 




Bullboard Posts