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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 AnthamInveston Feb 14, 2019 9:54pm
188 Views
Post# 29368280

The revenue share

The revenue share
Rec sales were 71% of revenue (see below).

71% of Net Rev is roughly $58M.

Aurora had rec sales of roughly $21.6M (might be wrong on that), and estimated the total rec market this past quarter would be around $102M.   Is it possible that Canopy had over 50% of the rec market?


From MD&A
Revenue from the new Canadian recreation market accounted for
71% of net revenue in the third quarter; medical products accounting for 20% of third quarter net revenue, with other
revenues (accessories, such as merchandise and devices, and clinics) making up the remainder.
Bullboard Posts