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.

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Canopy Growth Corp

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Post by therivercardon Apr 18, 2019 6:41pm

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Post# 29647354

Biggest market access at a pre-explosion price

Jefferies analyst Owen Bennett said the move is a positive for Canopy and that it has likely secured a far better price than it would likely pay if it waited for the federal ban to be lifted.

“The U.S. is the world’s biggest market by far,” Bennett wrote in a note. “Our current (cautious) estimates on a 10-year DCF (discounted cash flow) give the U.S. an EV (enterprise value) of $60 billion vs. the international opportunity of $30 billion

https://www.marketwatch.com/story/cannabis-stocks-rally-after-canopy-deal-secures-company-future-foothold-in-the-us-2019-04-18?mod=pulse_full_story

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