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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 geodcanon Jul 05, 2019 6:21pm
127 Views
Post# 29891164

Constellation

Constellationmade a move that I didn't see coming but also set the bar higher for themselves.  If it is about the money and it usually is, now it is up to them to accelerate the generation of those profits.  Their timing was fortuitous or not depending on the earnings reports over the next couple of quarters.   If Canopy generates the revenue that makes it look good then Constellation will get the pat on the back, but if it doesn't, all bets are off.
One of my big concerns is that Bruce Linton is "the guy" that built a giant and now he's very probably mad and motivated and undoubtedly in demand.  If he dumps his interests in Canopy, that alone could start a stampede to the exit but if he hooks up with an ambitious US company and the stars align, and the FEDs get their shyt together and swing the doors open to marijuana and hemp, he could do a lot of damage.  The acquisitions he made for Canopy, fit very well, in the world domination for marijuanapreneurs.  
Maybe Constellation is right and it is time for a marketing team approach along the same lines as their alcohol people's skillset.  Time will tell!  glta and dyodd
Bullboard Posts