Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 snowtigerrron May 24, 2021 10:35pm
313 Views
Post# 33258295

Supreme Acquisition

Supreme AcquisitionCanopy paid $435,000,000 with your equity for Supreme which has a 2020 operating loss of $87 million or thereabouts.

Yes, in the grand scheme this acquisition is not that dilutive considering WEED's exorbitant outstanding float owing to numerous acquisition overpayments in the past. This deal is not remotely accretive either and demonstrates a trend of poorly allocated capital at the shareholder's expense. 

Your shares are worth $27 today. Supreme's soon to be minted WEED shares are worth $48. How do you loyal shareholders feel about this?

Is anyone here actually excited about this or feel confident in this kind of management? This kind of sloppy execution is why the short position is so high IMO.
<< Previous
Bullboard Posts
Next >>