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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 May 24, 2020 2:37pm
192 Views
Post# 31066680

RE:RE:RE:RE:RE:RE:ACRG.U...worth the buy even with the exchange rate?

RE:RE:RE:RE:RE:RE:ACRG.U...worth the buy even with the exchange rate?First of all, once the deal is announced no one will be able to get Acreage at these prices because no one will sell for less than the 58% canopy share value. The gap between where Acreage is now and the .5818 value of Canopy shares will happen almost immediately. Secondly, securing a large amount of shares in acreage is not easy to do as the daily volume is low and if retail puts in market orders for large blocks of acreage shares tbey will drive the price higher . Thirdly, most people are novice investors and are scared to step outside the norm of," I want Canopy Shares so I buy canooy shares." Most novice investors don't understand the deal or are too lazy to read up on the deal. Its not that easy. It takes a level of understanding that most people don't have. Every MJ stock has been hammered, it is not an exclusive event to Acreage. Acreage lost investor favour when the deal was announced because they felt it limited the upside of acreage to the value of the deal at that time whereas other companies like Cura and Tru can still be taken over in the short term. The acreage play takes patience and understanding. If you would indulge me for a minute, could you please post the information you are using that Acreage doesn't look good compared to cura or tru. And please don't use the share price of those stocks to justify the statement. Show me comparable earnings and licenses.
Ronsade wrote: Homestretch4me: everything you say makes total sense, I am heavy invested in acreage and read the deal however price share went from 25$ to low of 1,69$ , at this point if tomorrow canopy announced the deal is going thru, everyone would sell canopy to buy acreage, is it really that easy I mean why are people not just buying acreage, maybe they are not telling everything. Compare acreage to curaleaf and truli eve and acreage looks really bad, I'm not sure anymore?


Bullboard Posts