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.

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Canopy Growth Corp

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Comment by longonMJon Oct 31, 2018 7:01pm

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Post# 28904858

RE:Canopy Constellation $5 BILLION deal closed

If this is the case, it doesn't look like the deal has been factored into their share count and market cap yet.

Once this deal goes through, I imagine their share count should increase by over 100 million shares with their market cap increasing by close to $5 billion dollars. I guess this would then vault Canopy back into the top position in this sector ahead of Tilray.

With the increased market cap though, it would start to make the other large MJ companies like Aurora and Aphria look relatively cheap by comparison. Possibly more upside for those 2 companies once this deal gets reflected in all of the numbers. Hmmmm.........................