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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 gringodudeon Jan 23, 2019 1:57pm
108 Views
Post# 29271718

RE:Any estimates on losses for this coming Q release.

RE:Any estimates on losses for this coming Q release.market share will tell the story
if arguably the world's #1 pot company has soft sales
compared to other LP's, it could be a disaster

and of course the profit picture eventualy has to be considered
I still see CGC being in the red, black by maybe end of next quarter
I know thay are still spending the Constellation dough
but eventually we need to see some margin

and the overall health of the market of course will be a factor
if the TSX/NYSE are still having a bad run and CGC has less than good news for the Q
it could really be ugly beyond the 14th
if the markets are back to bullish some mild negative news may not hurt much

so we need to have the gov shut down end down south
and some good news that the trade war may be close a resolution
and we need a good Q report, and the 15th could be a monster day

I don't think the possibility of all those things happening is great
2 of them are possible, maybe none

I'm gonna watch closely and if the signals look negative
probably move 50% of my CGC to cash for a bit prior to the Q report
and look to get back in eventually 
Bullboard Posts