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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 Feb 11, 2021 7:17pm
278 Views
Post# 32548020

US traders dogpiled

US traders dogpiledon Canopy today and several others from the looks of it.  It seems that Canadian lps took the brunt of the assault on shareprice according to several I follow.  Interestingly not so bad for the US MSOs who did a little rebalance.  It is just a reminder that we don't have a triggering effect yet and also a reminder of the type of potential that the greenrush has.  Crazy wild swings in sp, from the herding effect I believe, probably incited by one or more brokerage houses who may have short positions.  We all just had a lesson to observe of how to deal with hedgefunds and the like with the Redditt/Robinhood shyt that hit the fan.  The shareprice goes down when shareholders sell into it.  I find a lot of things wrong with shortselling and starting a serious dislike for daytraders.  Short trading is something I can't afford to risk despite the fact that I sense a bubble burst or a serious correction is overdue for the market in general.  I believe that you have to have deep pockets and a possee of like minded investors willing to heed the call.

Despite my negative comments about a correction, I still like gold and cannabinoids to shine through when the bubble bursts even after Musk took a big dump on gold in favour of cryptocurrency.  Marijuana and hemp have too big a following and too many uses to ignore.  If we can get the Democrats off of Trump and onto a descheduling bill with a bank act, we will build our value back up in pot stocks.  glta and dyodd
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