Canopy Growth Corp T.WEED

Alternate Symbol(s): T.WEED.DB | CGC

Healthcare Cannabis

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

Canopy Growth Corp > DOWNSIDE TECHNICAL RISK NOW LOOMING

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Post by Starsearcher80on Jun 18, 2021 11:53am

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Post# 33411437

DOWNSIDE TECHNICAL RISK NOW LOOMING

The Weed chart is NOT healthy, and is now at risk of breaking down further. Tenuous? Absolutely. A given? No, not a given, but the risk is certainly there and Canopy is showing that it is certainly not immune to broader market downside.

Last chart breakdown was at around $33.00 which I warned of. That certainly did play out. We'll see what happens this time around.

Without a doubt though, this stock remains DEAD MONEY.

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