Canopy Growth Corp T.WEED

Alternate Symbol(s): T.WEED.DB | CGC

Healthcare Cannabis

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

Canopy Growth Corp

Bullboard Posts

Comment by Peytonon Dec 19, 2018 4:20pm

42 Views

Post# 29137072

RE:Bought 1/2 Position Avg $37.91

Shut up.

Sell your shares and beat it. Nobody cares

starsearcher40 wrote: Much as I wanted lower still, I'm happy enough to buy all I wanted below $38.00. The previous sell at $44ish was worth the effort.

This will also be a shorter term trade, holding through the Farm Bill and seeing if Canopy/Constellation have some surprises in store.

General thoughts:

The market is now short-term oversold.

I do think there has been tax loss selling of a bunch of people who bought in the bubble. This selling is over in 2 days.

Is lower still a possibility? I suppose so. I think $33 dreams are definitely weakening, but not completely dead yet, hence the decision to start buying today. In that light, today's buying is a bit of a hedge. If it goes lower, there is room to buy more. If it bounces, I'm in.