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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 13, 2019 1:44pm
181 Views
Post# 29916993

Serious volume adding to the downside

Serious volume adding to the downsidecoming from the US.  14 million shares Stateside and 3 for Canada.  I liquidated most of my shares because I truly feel that this stock is being orchestrated down.  Firing Bruce was step one of Constellation showing who is in control.  They might have capable people to fill his shoes but I doubt that they will find somebody as passionate and well studied in the rollout of a world class business biz.  I don't think it was in Bruce's dna to not give the rose coloured version of events for Canopy.  First this and then Canntrust putting their company in serious jeapordy has rattled the confidence and shareprice of most of the greenrush stocks and my gut tells me that Constellation wants this in the $20 range to get the bulk of the shares.  This is how big money got so big, by standing together and making it happen.  That kind of money can bring the tide in or out depending on their agenda but there are a few bright spots coming to light from the US side of the border, where they are on the verge of the biggest greenrush the world will see.  I'm doing due diligence on a bunch of them and even taking positions thanks to my investment in Canopy.  Constellation will turn this around after they have met some unspoken goal.  Too bad I didn't get out in the $70 range.  glta and dyodd
Bullboard Posts