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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 catchascatchcanon Mar 14, 2019 9:56am
106 Views
Post# 29484535

RE:BILLION SHARES: A FORGOTTEN STORY

RE:BILLION SHARES: A FORGOTTEN STORYIt is funny indeed. I will never understand the production story that comes from ACB. Jim Cramer was speaking of it on the TV the other day, and I have to give my head a shake. Are we really to believe that because ACB talks incessantly of 'funded production' of 500,000KG - 750,000 KG that's it's actually going to happen anytime soon. That's $2B-$3B or $500M-$750M/quarter. They just did a $50M quarter. I personally think that 10x is a long ways out for any of these guys, but especially for ACB. WEED still needs to license the final 2M square feet, but we are far and away the leader. I don't see our production being beat by anyone, and if it ever is, it's years out. The build/commissioning/ramp/de-bugging takes A LOT of time. Our 4M square foot platform has been licensed for some time and we're still not ramped up. Then there's the phasing to ensure constant and consistent harvests etc. ACB is great at talking, and apparently some people listen, but just watch the quarterly numbers that come out over the next 12-24 months. We are going to run away from the pack. I'd bet my life on it. Or at least 40,000 shares anways
Bullboard Posts