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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 catchascatchcanon Jan 29, 2019 12:28pm
168 Views
Post# 29292190

You can't win every day team. A bit of sour with the sweet.

You can't win every day team. A bit of sour with the sweet.I've decided personally to hold (again) through this quarter. Haven't had the guts to pull-pin before any of the others for fear of missing out, and of course my fear has only grown as we've lined up so much for success near term. If we see another big sell-off, I'm going to use margin to buy the low. This is the strategy I used on the last dip, and though not very well timed given how low we went, I was able to sell late last week and make a very tidy profit. I would suggest it, for those that suffer from quarterly FOMO. The first time we do beat street expectations, I think we're going to blast off. That said it could be many quarters away. Until then though, tune into the OCS for a freshly dominant stance on our oils. We are now 11 of the 30 offerings on the oil front which is substantial. What's also of note is that HEXO is in second with 7 offerings. The other 40% of oil products are split between many players, none of which have more than a few at best. Though I appreciate this is not a linear indicator of our offering in Canada across all retail channels, I do think it's telling of our leadership in the gelcap side. I know I've harped a bit on this in the past, but I do think it's substantial with respect to our retail plan and leadership position. For a simple look at where industry is headed, just look at where we are focusing today. Bruce and co do a great job of anticipating the market, and that's why I'm so at ease leaving my money on the table. The other piece to the oil story is that we have a lot of it. Anyone who's been referencing the websites even casually will notice that we very rarely go out of stock on these skews, and when we do they're back in stock almost immediately. Flower is lower margin, bulky, and less shelf-stable. Once edibles and vapes hit, flower will fall off dramatically. I'll bet we're 25% flower re sales by mid 2020 if I had to guess. Anyways, ramblings on a red day! GLTA
Bullboard Posts