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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 ledzep4uon Dec 13, 2018 12:12pm
50 Views
Post# 29110402

MJ in Toronto

MJ in TorontoI believe Toronto will approve retail outlets, they already have double digit illegal pot shops. It would then allow the legal market to strive and give more cause to shutting down the illegal ones. If you think about it strategically, the more sourrounding municipalities that vote "no" like Mississauga, Markham, Richmond Hill, the more benefit it will be to Toronto. Toronto will then be the go-to destination for those wanting pot all within a 20-30 minute drive.

I live in Toronto and I know there will be a large pot shop in the Sherway Gardens area. Think about it, large scale, high end pot shop (think Apple Store as Bruce has referred to) right on the Toronto, Mississauga border. I can't imagine what the incredible sales per square foot will be. Toronto has large scale malls surrounding its border (Province has said retail can locate in malls) so strategically, it will be a major win for Toronto. In addition, when edibles and drinks become legal, municipalities won't be able to stop them because they will be sold in grocery, convenience stores and LCBO/Beer Stores.

Also, we need to stop thinking about Toronto and Ontario. This is a global company who is in 11 countries and soon to be in the US for hemp (as a start). Remeber, over 30 countries are currently going down the MJ road in one form or another. 1-2 years down the road, it will not matter at all what happens in Toronto or Ontario compared to Canopy's global domination. It will only matter what happens in Smiths Falls. 
Bullboard Posts