Canopy Growth Corp T.WEED

Alternate Symbol(s): T.WEED.DB | CGC

Healthcare Cannabis

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.

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Canopy Growth Corp > Canopy Growth: BofA Raises Price Target On The Back Of MORE

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Comment by WebSwingeron Nov 30, 2020 10:41pm

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Post# 32006935

RE:Canopy Growth: BofA Raises Price Target On The Back Of MORE

Maybe this news will help bring us up tomorrow.
To the moon!!!

JLUTZ1 wrote:
This morning BofA Securities raised their 12-month price target on Canopy Growth Corp to C$42 from C$36 and reiterated their buy rating.

Bryan D. Spillane, BofA’s cannabis analyst, says, “We see the likelihood rising for US fed’l decriminalization / descheduling of marijuana and more US states to move towards legalization.” This comes off the back of election night, where other than voting for the next American president, there were also five cannabis ballots, which all were approved in five states. He also cites a Gallup Poll where it said 68% of Americans are in favor of legalization.

https://thedeepdive.ca/canopy-growth-bofa-raises-price-target-on-the-back-of-more-act-vote/