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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 therivercardon Apr 18, 2020 1:59pm
328 Views
Post# 30925557

High value science-based consumer products!

High value science-based consumer products!

In an interview before his exit from Canopy, Bruce had responded to an interview question regarding the dropping price/gram of mj. His answer was that from his and Canopy's perspective that this kind of outcome would be consistent with their vision.  Essentially, the greatest returns would be created by the development of high value science-based consumer/medical products.  So why get overly committed and bogged down in the costly, lower return, grunt work of growing in every jurisdiction world-wide.  That aspect of the vertical chain can be left to others and leveraged through partnerships.  Ultimately having the most robust research and development stream stemming from their industry leading vault of 400+patents will produce the outcomes and returns investors are looking and willing to pay for. Just food for thought. GLTA

Bullboard Posts