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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 Homestretch4meon Dec 22, 2020 11:57am
209 Views
Post# 32161065

Canopy Rivers deal

Canopy Rivers deal
I'm confused by this deal and how it was structured. Canopy growth gave close to three hundred million dollars to canopy Rivers who is market cap is roughly $170 million dollars. For 300 million or maybe 350 million oh, why didn't canopy growth just completely take over canopy Rivers. We already on roughly 27% of the share float and 84% of the vote. Seems like we grossly overpaid for what we got. Can anyone shed some light on this for me?
Bullboard Posts