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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 ledzep4uon Jan 01, 2019 1:26pm
227 Views
Post# 29174798

RE:A production question

RE:A production questionKris, not quite sure how you arrived at the numbers, but based on what I've read, their production capacity of about 5.7 M ft2 is 500,000 kg. Of that 500,000 kg, the net for sale would be around 400,000 kg because not everything that is grown ends up in "Finished Goods" in their inventory. That's because about 20% could be spoiled/damaged/doesn't meet quality standards etc. 

Even at 400,000 kg @ $7/kg = $2.8 Billion. I use $7 because rec. may be cheaper but medical is higher. German medical was over $10 if I recall.

Keep in mind all the above numbers are Canopy Canada only and does not include all the supply agreements that Canopy Rivers has signed/going to sign which are/will be substantial.  Also, Canopy is in over 10 countries and they will also be growing/processing/selling medical and some rec. in those countries.

https://finance.yahoo.com/news/8-canadian-marijuana-growers-expected-122100756.html

https://grizzle.com/canapocalypse-canopy-growth/



krisruna wrote: Last Q report said "Amount harvested is 15.5 Tons'. That is a yearly rate of 62 tons/year. Our production capacity is supposed to be approx 750 tons/year (from 5.4 M ft2, now 4.2 M ft2 licensed). This looks like a big mis match.

Is this the plan that we have Cultivation area licensed, but we only harvest just before we need it. I thought shelf life is in years.

Any wise words of wisdom here.  ACB harvested much lower numbers. I think Canopy has no reason to need more than what we have planned (i.e 5.4 M ft2).


Bullboard Posts