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.

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Canopy Growth Corp

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Comment by maysteeler23on Jan 28, 2019 11:30pm

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Post# 29290805

RE:RE:$500 million crop failure in Oct

The current facilities in Aldegrove were bought for about $500 million. Apparently in Oct there was a $50 million crop failure, and this would have been the 2nd crop failure. That alone could wipe out all of Canopy’s revenue for the next earnings.

Canopy has had massive writeoffs the last 2 quarters, makes one wonder if the Aldegrove facility might a major cause of these writeoffs?

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