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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 ledzep4uon Feb 26, 2019 11:56am
125 Views
Post# 29414522

RE:RE:RE:RE:Long Term Holder

RE:RE:RE:RE:Long Term HolderAs I've previously posted, been in this for almost 5 years and originally in through Bedrocan (so in at low $2's). Have never touched my 75% core position so I have made a healthy 7-figure return on paper. I have traded my 25% non-core many times and currently have most of it in cash as I sold a few weeks back at $67 and $64. 

Waiting to re-enter, but RSI still high at just over 50 so waiting for 40 or under which would mean the stock may have to go to $55 or lower. 

GLTA

pungentaroma wrote: Been here just over 3 years. 1st purchase was 2.87 and lowest was 2.50. Played the volitility, some to my benefit and some not so much. Still holding out and will for a long time.
Good seeing some of the old names coming back to the board. Good luck all

PlantManager013 wrote: As for me, do I even need to say it? I am long on this stock and will be for quite some time going forward.

I agree with Trennam that 2020/2021 will be a time to draw the line and re-asses but, judging from the moves Bruce has been making, this stock may be a growth working horse for several more years. There will be still a lot of growth remaining to materialize at that point as well.

Trennam wrote:
Still holding the majority of my shares. Don't post much but still occasionally read what's happening on here.

Long hold in one account and swing trade in another. Still having fun and making bank and liking what Bruce and Co are doing.

Personal expected time frame:

Middle of 2020 to early 2021 is when fundamentals start to come in and then all these cannabis plays had better start showing positive everything or the markets will gut them. Canopy is still the strongest in terms of having many more irons in the fire.

The other LPs plays are making moves though so I am also swing trading and playing the strongest of those til I see them actually walking the talk then I'll consider long holding some others.




GizmoRock wrote:
Haven't posted in a very long time but wondering if there are others in here since the low $2's?
Wondering how many have hanged on for as long and what their exit plan will be?
This stock has been a life changer for me!

 

 




Bullboard Posts