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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 geodcanon Nov 02, 2020 3:00pm
139 Views
Post# 31824044

RE:RE:RE:Its seems to me that Geo

RE:RE:RE:Its seems to me that GeoYeh, I got that!  I'm well aware that there are ifs involved in the equation but I can't see Canopy doing and redoing the deal to assume Acreage if they weren't sincere.  Maybe I missed the point I was trying to make that I calculate at current prices that this looks pretty good.  My 1000 shares got split 70/30 fixed and floaters of which a triggering event my 700 fixed shares would be assumed by Canopy at .30?? of the current value Canopy is trading at.  1000 Acreage fixed @ $3.36 costs me $3360 plus commish.  210 shares of CGC today are worth 21.18 so $4447.8 plus I still have 300 floating shares that I can sell at 3.36 today or about $1000.  I'm seeing $2100 profit on a $3360 investment at the last prices I pulled up.  I see that if becoming a solid yes and our little jump in sp today is just a mild indicator of what is coming with a trigger which will launch the US greenrush.  Canopy Growth is the world leader imho and their sp will snap back to their glory day value.  I'm not saying 200 baggers but a double or triple seems easily doable.  Acreage got hammered and strike me as great value at these prices.  Financing for the future growth is a real problem for most potpreneurs but Canopy has billions in the coffers and have extended that security to Acreage and don't forget aboout STZ who for all intents and purposes financed both Canopy and Acreage.  Oh, and  secured Terrascend too with financing.  Lot of good uptick today for pot stocks but negligible to what I expect soon.  glta and dyodd
Bullboard Posts