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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
Post by Singidunumon Jun 20, 2019 9:19pm
206 Views
Post# 29847395

miss EPS, beat Revenue.

miss EPS, beat Revenue. I just quickly glanced over the financials and $130M in losses are on paper. They had to account for the stock price increase in Q1 (calendar year) because of rules regarding Weed's convertable debt. Still they miss on the EPS, but they beat on revenue. 

As for tomorrow, I don't know what will be the closing share price. Of course, none of you here know. Bulls or bears. Still you keep writing none sense. 
As far as I remmeber, they always miss on EPS, but the share price kept going up. Depends on the call tomorrow. Maybe they can explain the losses and the price recovery will continue. 
 
Before pumpers or dumpers attack me, I don’t own any $weed shares. I bought and sold in April of this year. It was a quick swing from $55 to $65. Canopy is the best cannabis stock for trading. Large volume and huge price swings. I am hoping for a good scalp tomorrow. 

Good luck tomorrow. It will be an itneresting day either way. 

Good night
Bullboard Posts