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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 Oct 08, 2020 2:48pm
213 Views
Post# 31690080

Our forgotten partner

Our forgotten partnerAcreage Holdings is sitting over on its own all lonely with a virtual total lack of interest from investors.  Those $3 Acreage  A shares will get you a $20 dollar Canopy share WHEN we get a triggering event that will allow Canopy to go full bore in the US to maintain the International leadership that they are working towards.  Canopy's shareprice firming up is an indicator of investor respect for how they are managing the delays to profitability that resulted from government regulators failures to respond to the needs of this whole new legal industry.  Acreage Holdings is the largest MSO in the US and was the MSO picked by Canopy for rapid US infiltration to maintain their leadership.  All of the MSOs paid too much for assets but Acreage got hit the hardest and still has the most potential imho because of the deal with Canopy.  Cannabis investors know what Canopy has done as far as breaking trail and lobbying for what the greenrush needs to thrive.  Canada is finally getting the infrastructure it needs by way of retailers and dispensaries to be able to sell all of that safe, inspected product they have been sitting on and despite the FED/STATE interference in the US, they are moving towards the inevitable of a thriving, government supported marijuana industry.  Canopy's recent upticks are a result of the prospect of a Statewide launch of the American greenrush as a result of this issue becoming a political plum for the election.  The ignored by investor deal that is inked with Canopy and Acreage is a result of progressive future thinking by Canopy that knows they will need a rapid expansion plan for the US and that the US market is essential to that.  Even Acreage spent money on a Superbowl ad, that sadly didn't make the cut, to introduce themselves to investors and consumers.  There's some floating conditions to the "deal" but my sense is that we are moving towards a done deal where those Acreage shares will convert to Canopy shares and that triggering event will launch the great US greenrush which will propel those Canopy shares back to their former glory days.  I even think the Acreage B shares will get taken out at the $6.50 minimum by Canopy.  It is a complicated deal that has been done and redone by Canopy and Acreage but I think intentions are good, to honour the terms because Canopy needs what Acreage brings.  If it all happened today, at current shareprices, you will get $20 plus shares of Canopy for your $3 dollar shares of Acreage.  glta and dyodd
Bullboard Posts