Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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

Comment by DSEEGSon Nov 19, 2020 5:41pm
142 Views
Post# 31937638

RE:Still losing money

RE:Still losing money
Onlooker1275 wrote: Aphria has only a small loss and getting to be profitable NOT like CGC
https://ca.finance.yahoo.com/m/e5cdbf86-f632-3921-ba84-9faf9809312b/better-marijuana-stock%3A.html


Did you even read the article ? Canopy investors should be posting this on the Aphria board but we have better things to discuss.

Few tidbits from the article 

Aphria is in the process of finding its identity as a company.
In contrast, Canopy has already laid its foundations for growth, staked out several significant market shares, and taken steps to curb its operational inefficiencies.

Though Aphria has the leading market share in two provinces, it's still catching up in others, especially along the coast.
SweetWater brands acquisition will give the company a new stream of revenue in the short term, it does raise a red flag for investors

Canopy's selection of product offerings is significantly more diversified than Aphria's. In Canopy's portfolio, there are brands for cannabis beverages, cannabidiol products, recreational marijuana vaporizers and flowers, and medicinal marijuana goods. Unlike Aphria, Canopy also has an important collaborator in its product development and distribution efforts: consumer packaged goods dynamo 
Constellation Brands

In terms of its market share, Canopy has a significant lead over Aphria
Aphria will face an uphill battle if it follows through on its plans for selling SweetWater's beverages in Canada. Canopy is also facing off against Aphria directly in the German medicinal cannabis market, where it currently has the largest share. 
Canopy's progress toward profitability is proceeding steadily


The verdict

In my view, Canopy Growth is the better marijuana stock
 two reasons. First, its market shares are larger, and its revenue is growing faster. Second, its costs have continued to fall for several quarters in a row, so it will reach profitability relatively soon. While Aphria isn't a bad company, it's significantly less established than Canopy, and it is probably much further out from reporting consistent profitability.

<< Previous
Bullboard Posts
Next >>