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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 krisrunaon Jan 17, 2019 1:52pm
61 Views
Post# 29246869

Florida Rec or Med ?

Florida Rec or Med ?(1) Does any one Knows (what may be rumors) ?
(2) Now, 33 States have medical. Florida coming, NY coming.
(3) As more States legalize, the chances of Federal going legal will increase.
(4) I think the board is divided in 2 parts. One part wants quick USA legal, second part wants delayed. I belong to the camp who wants USA to legalize very quickly.

My rationale - "The opportunity/revenue to do MJ business in USA far excceds little bit first mover advantage we may loose in rest of world Medical".

(5) Medical (rest of the world) do not have revenue.  USA is the place to make revenue.

(6) Let us look at Canada. After many many years of Medical, our total revenue was around 100 M (for year).  Rec right off the gate (including coming edibles) is > 10 X revenue.

Hence, no comparison between Rec and Medical. Some people on the board may disagree with me, however this is the beauty of democratic process (people with different opinions can live together happily). Cheers to all.
Bullboard Posts