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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 BIBI123on Aug 12, 2018 3:17am
149 Views
Post# 28446037

RE:RE:RE:RE:Inventory is $$$$$$$$$$$

RE:RE:RE:RE:Inventory is $$$$$$$$$$$
INVSTIGAT0R wrote: Though even at 1 billion our PS ratio could be around 40 by then (maybe even higher) giving us a stock price of about $80. So a lot to look forward to in terms of money in the bank.

Hi Invstigator, you lost me completely on this one:) A PS ratio of 40 is very very high and where did you get a share price of 80$? If we have 1b in sales your suggested PS of 40 would mean a market cap of 40b and share price of $160 (considering 250m shares) I wish this could happen but honestly I am not seeing the market cap so high for at least another 2-3 years. If we have 1b in sales and take predicted 250m shares outstanding (Hiku, Constellation, further dillution), I think implying ps of 10-12 would be fair for the first year, which would mean market cap of 12b and a share price of $48. At 1,5b in revs our share price should be $72. I do believe we will have much greater revenues and therefore we'll see higher share price (more towards $72 or higher) That's what the price should be at the end of 2019 but we probably can't imagine what Bruce has prepared for us in 2019, probably something mind blowing:) Cheers
Bibi
Bullboard Posts