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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 BigShareson Nov 16, 2019 12:59pm
178 Views
Post# 30360403

NO NEW CEO

NO NEW CEOA large part of Canopy's problem is STZ's reluctance to select a competent new CEO and since they  have the majority of directors on Canopy's board  they are the one's in control of the company now. It is STZ that should be held accountable since they removed Linton several months ago and inadvertantly allowed the Canopy to further deterioate. Any class action suits should be addressed to STZ in fact, it was approx. 6 month ago when STZ's CEO  was the first who suggested and said that Canopy would hit a 1 billion dollar run rate, after that other executives repeated the same comments. We are all looking at the wrong company to blame. The blame falls completely on STZ and their lack of interest and desire to appoint a new and competent CEO. Had STZ acted promptly and responsibly that would have helped restore confidence and slowed down the collapse of the stock price.  
Bullboard Posts