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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 stocktradinguruon Aug 06, 2020 7:07pm
344 Views
Post# 31376198

Checked Yahoo Finance

Checked Yahoo FinanceFor earnings estimates---low is $67 and high of $105 million aprox...

I have no clue what the earnings will be, but it seems they will not be close to APHA's $159 million for the quarter.

Now Weed moves in another direction---which likely means they cannot make the desired sales and earning growth on the current blue print.

Earnings announced on August 10th.

There could be a "sh-t strom" if earnings are low---like $69 million for the quarter.

I don't own any Canopy at this time, because in my view, this stock is way overvalued and has too much debt.

Aphria is a better buy!!!

Lets see what happens..
Bullboard Posts