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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
Comment by Iminlongon Feb 20, 2019 7:02pm
179 Views
Post# 29391083

RE:RE:Net loss of 346$ million for the 9 months ending dec 31 2018

RE:RE:Net loss of 346$ million for the 9 months ending dec 31 2018I agree with you Gringo. Think of the interest that is made on $5 billion per day. Canopy will spend the cash wisely as you suggest. Also, On December 31, 2018 the stock closed at $36.31. Today, after a pull back we are at $60.80. That's a 66 percent increase in 34 trading days. Not bad. Yes, we were up more than this a few trading days earlier but that's the nature of the beast. I would rather go through this volatility than have my money invested in a GIC or even a real good mutual fund that generates in 1 year what Canopy has often seen in one day! Good luck everyone. 
Bullboard Posts