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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 WeedTheNorthon May 20, 2021 11:12am
106 Views
Post# 33237505

RE:Institutional owners (and puts)

RE:Institutional owners (and puts)How this works is hedgefunds like archegos takes a short position through a market maker like Citadel. They also have all sorts of other shorts through citadel. Now if archegos (this happened) becomes unbalanced, then they have to start covering shorts, selling longs and/or raising cash to get back into margin requirements. Once the dominoes start really falling, I don't think any of the short positions remain which means the massive shorting on this stock will help it climb into likely exciting cannabis US news. Buy a ticket for the ride, or don't, it makes no difference to me. Just don't be stupid and sell when the RSI is in the 30s
WeedTheNorth wrote: https://fintel.io/so/us/cgc
When you arrange the table for puts (a type of shorting option) you see all the Gamestock shorts guys: citadel, susquehanna, Jane Street, rbc, citi, Goldman Sachs


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