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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 retirearlyon Feb 05, 2019 9:00am
182 Views
Post# 29319460

I wouldn't worry about RIV

I wouldn't worry about RIV
Let me start off by reminding people that Canopy Growth are insiders in Canopy Rivers and as such are privy to their every ongoing and future moves and deals. Bruce has stated on numerous occasions that one of his main goals is to create and increase value for his investors/shareholders. This investment/increase in stake, by Canopy Growth had to be approved by their board, which include directors from STZ. I believe that they feel that this additional investment will return increased value to their investors but only time can confirm this. On a final note of interest, ETFMJ, an American fund, had no holdings in RIV back in November. Today they own over 5.1 million shares and they keep increasing their stake on a daily basis. Their website updates their holdings on a daily basis so it's an easy one to keep track of. Are there other funds accumulating?
Bullboard Posts