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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 Jodiangel17on Jun 19, 2019 12:00pm
63 Views
Post# 29840277

RE:RE:PPS Behaviour

RE:RE:PPS Behaviour
NAtrader wrote:
krisruna wrote: We get lots of big news one after another, then PPS goes up slightly.

If we get one small minor negative news, PPS retreives by a mile.  


I agree.  

It could be:

(1) Acreage news was already baked into the shareprice; everyone assumed it was a pass, hence no material movement.

(2) Acreage news hasn't hit all major news outlets yet.  Everyone on this board follows Canopy news closely, however others may not be aware yet.  

(3) Not that great of a deal for Canopy shareholders, and/or sentiment has changed regarding the merger.

(4) Everyone is waiting for tomorrow's earnings.

Could be either one or a combination of the above factors.


We've seen time and time again Canopys share price drop just before earnings. This is no surprise to me
Bullboard Posts