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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

Post by geodcanon Jan 27, 2021 4:20pm
220 Views
Post# 32401891

My best guess is that the uptick

My best guess is that the uptickis short covering.  We haven't got anything solid from the Democrats that they are going to deliver a triggering event.  I mentioned before that it would launch us back to our old highs or beyond.  There's a ton of US money sitting on the sidelines waiting for such an event and Canopy is a world leader for cannabinoids.

I noticed we have investors crunching numbers for the Acreage deal with Canopy.  Still looking good, actually very good for my impression with Canopy shares spiking up and Acreage going down.  Fixed share deal is a little clearer while the floating shares could be a little elusive but I am imagining that those floaters will equalize with Canopy shares as Canopy will bring their value to them.  The floaters are worth about half of the current value of the fixed but payday might be later than the fixed deal.\

Kind of a shot across the bow for most stocks today as the probability of a serious re-evaluation of the tried and true is imminent.  Biden seems to be doing more damage than inspiration to the market which brings me back to rush stocks, gold and green although gold is highly manipulated which leaves the potential of potpreneurs.  Cream will rise to the top but make no mistake that pot hopefuls are in for a tough row to hoe as the big and mighty pick up what they want and trash the rest.  glta and dyodd
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