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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 krisrunaon Nov 10, 2019 10:43am
167 Views
Post# 30332793

My Perspective

My PerspectiveMy opinion, Canopy is the only MJ, which is guaranteed to suceed (long term play). Rationale as follows:

(1) We saw a great article which correlates volume aith PPS. I believe in this article (why MJ in Canada is good).
(2) About 8 MJ stocks are doing very poorly and in survival mode.
(3) BL said "Only 3 or 4 MJ will ultimately survive".
(4) Most MJ will have 2 hurdles (a) Cash burn rate, hence survival (profitability to survive is away) (b) Inability to expand.  After edibles, Canada is done in MJ.  LPs will need to expand in other Countries.
(5) Very few stocks have ability to survive, and ability to expand. It is said APHA also so not have funds to expand further. Even Aurora has shortage of funds to expand (with low share price, not much able to generate funds).
(6) So, strictly my personal opinion, only Canopy may be safer invest long term (others may be hit and miss). DYODD. Thanks.
Bullboard Posts