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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 techiyon Aug 15, 2018 9:27pm
251 Views
Post# 28469363

What is the share price of today's 5B deal

What is the share price of today's 5B dealI do not understand 25% for 5B and 48.6/share deal. Either I am misunderstanding it or I am missing something.
Total outstanding share of canopy is 217.44, which makes the market cap about 9.1B. So how come 5 B is 25% of Canopy. If it is 25% then no way the purchase price of CB of each share is 48.6 (in this price market cap is about 10.5B). If it is 25% of canopy for 5 B then CB is paying about 95$/share.
Please no bashing. About myself: I am a new retail investor and found share market compelling. I have observed and learnt by myself and have made some money (lost some too, but made more than that) over last three years or so.

Bullboard Posts