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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

Comment by Qczar417on Apr 08, 2021 3:45pm
133 Views
Post# 32958382

RE:RE:RE:RE:RE:Supreme cannabis acquisition.

RE:RE:RE:RE:RE:Supreme cannabis acquisition. Tweed actually makes some decent cannabis but now they have the best (arguably) cannabis available in Canada with 7acres.   The market has shifted since legalization from lower cost average weed to higher quality, with amazing terpenes and consistent quality ,  this is what they are buying in Supreme.   They now have the high demand quality cannabis that people actually want and that's the one thing Canopy had trouble delivering.
Similar to Aphria buying Broken Coast,  Aphria produced some very average weed so they needed to buy Broken Coast,  which is almost on par with the 7acres offering.   I think Canopy got a screaming deal at that price ,  Supremes last qtr was 18M and they were just getting started under Beenas leadership. 
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