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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 Pedal2themetal7on Jul 06, 2021 12:27pm
150 Views
Post# 33499229

RE:Question Re Acquisition of Fire

RE:Question Re Acquisition of FireDo your DD when it comes to Supreme and you'll answer your own question. If they get the market share Supreme will be a definite asset.

Canopy has been navigating a bumpy road but since Klein became CEO it's easy to see the positives if you carefully disect the financials. If they continue diminishing their losses, increase market share and continue with disciplined spending it could be an intersting 18 to 24 months.

In my opinion they have heavily gambled on the US legalization when predicting to be profitable in the last half of Q22. Klein, Constellations and Southern Glazers are well established companies with great management , experience and Global exposure.

This industry is in it's infancy and very volatile, companies are jokeying for a position providing them with the best advantages, and so far I believe Canopy has done an acceptable job, especially after inheriting the financial mess which was handed over to Klein. IMHO
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