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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 Feb 06, 2019 4:27pm
81 Views
Post# 29328572

Lot more money in CBD than MJ

Lot more money in CBD than MJ(1) Simply because Hemp is legal now in USA (MJ Legal federal timing not certain now). IN this context our Hemp processing in 3 or 4 States should be good development. Revenue potential by 2021 estimated to be 22 B (in practice more).

(2) Out of Curiosity, I started looking at extraction economy. A very small plant/lab occupying 2,000 ft2 only cost approx 650 K (CO2 based extraction). Daily profit estimated to be between 17 and 23 K. Thus, investment recovered in a month time (so much hugh profit looks like to me).

(3) Canopy will be installing 100 X capacity extraction equipment. Hence, likely windfall for us.

I am hoping we start installing these hemp extraction as quickly as possible (first mover advantage to our fullest benefit). Thanks.
Bullboard Posts