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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 AlwaysHighon Jun 21, 2019 1:30pm
88 Views
Post# 29850169

Revenue Growth

Revenue GrowthI can't imagine revenue growing nearly as much as they're forecasting for next year for a few reasons. 1. Although weed is viewed as a commodity, there are big differences among different strains and there are (legal) LPs producing higher quality weed for cheaper prices. That also makes you wonder, if the quality of their weed isn't even the best in Canada, why would it be the best in the US or anywhere else? 2. I know everyone knows that the black market isn't going anywhere but the difference in price is staggering. $12/gram for tweed weed at the store near me. Who on Earth would pay that when there are at least a dozen websites that offer ounces (28 grams) as low as $89. Anyone that consumes a decent amount of weed would never pay that much for lower quality weed. Anyway, just some thoughts.
Bullboard Posts