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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
Comment by Homestretch4meon Mar 23, 2020 10:40pm
109 Views
Post# 30840276

RE:RE:OUT OF WEED

RE:RE:OUT OF WEEDCannabis shops have been deemed an essential service. Open for business you complete moron.
Starsearcher80 wrote: So as I had feared, the Shelter in Place order has not been given. What does that mean then for all mj in the current grow cycle. Crop loss? This is a fair question that can be very impactful I would imagine.
Starsearcher80 wrote: In at an average of $14.60 and out at an average of about $18.15 for a quick gain of about 31%


Concerns at the moment:

1) Shelter in place order?

2). Ability of the financial system not to implode.  The reality is, despite stunning efforts, is that there will be a lot of personal bankruptcies (many people were wayyyy overextended on creit), company bankruptcies, and even country defaults.  This will all place an enormous stress on the banking system, the likes of which we have never seen or endured before.

I'll look for a re-entry point, and have no problem even paying more if the visibility is there.  Again, it's just risk/reward evaluation.  At $14.60, the risk/reward ratio made some sense.  It's not to say the risks were not there that are now there tcurrently.  In fact, all the risks that were there a week ago are actually even more prevelent in this fast moving world.

Jack be nimble...




Bullboard Posts