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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 Mar 07, 2020 6:21pm
129 Views
Post# 30779658

perfect storm

perfect stormaffecting us and everyone else, apparently.  The bull had a good run!  There is always something that wakes up the bear.  I never gave much thought to a virus but it is what it is.  In my strategy, I felt more secure with gold and some choice marijuana companies, like Canopy, who showed great foresight and intuition and made some pretty serious moves to lead the pack.  Big Alcohol read the signals and Constellation added a lot of credibility and dollars to be a partner with Canopy rather than in competition with them.  Canada's law and policy makers dropped the ball big time with their inability to pave the way for new stores and stage 2 edibles.  We've got about 200 licensed producers doing their thing, growing pot and nowhere to sell it, or at least not enough outlets at this writing.  Then there is the restrictive advertising and packaging which makes us look like the yellow label isle of the grocery store in addition to the extra studying time for edibles which took us past the Xmas season before legal edibles were available.  The US Feds still have the anchor dropped to prevent "normal" business services such as banks and brokerages sitting there with their hands tied while legitimate potpreneurs and promoters are heavily relying on State law to protect huge investments from old school Fed laws that, if acted on, could result in seizure of assets, cash and levying criminal charges against business people that have done it all legally to get to where they are.  There is the whole US Publicly traded stock brokerages that are fearful of lifting a finger to help support the new safer vice to alcohol and opiates.  A lot of those ambitious American companies are relying on Canadian brokerages to open the door to public investment to build their businesses and then there are the brave Canadian companies that raised the money and chose to rely on State law to protect them so they can do business in the US.  Acreage Holdings has a deal inked with Canopy and it was a "rich" deal for Canopy to consolidate Acreage's assets into Canopy, when they receive clear signals from US lawmakers that the Feds are on the same page as the individual pro-pot States.  Acreage stepped up and ticked all the boxes of what Canopy needed to be serious in the US and they did a deal for future times, but a deal none the less.  The US has a lot on their plate right now with elections and coronavirus and legalizing pot at the Federal level just might be the political plum that makes it to the table.  It worked in Canada and got a school drama teacher elected to prime minister along with a good political heritage, who we are stuck with until the non-confidence vote is dealt with.  In the meantime, these companies are finding truevalue and fear from investors is taking precedent as their shareprices dwindle back to reality.  200 bagger days are done, and we certainly won't find them in the major companies like Canopy.  Eternally optimistic me does see some multibaggers in some of the value added companies that are doing everything right during this perfect storm.  I like Tinley, Bhang, Dixie and Cannabix, some of which are  bargains now compared to my entry point but I also like the Acreage Holdings deal and believe it is going to happen.  The attrition rate for some of these new potpreneurs is going to be devastating like they shouldn't have been anwhere near this in the first place.  Time is the enemy while governments sort out the legalities of full launch for greenstocks of which the strong and smart will lead the way.  glta and dyodd
Bullboard Posts