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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 > news broke at 7am ONT time
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Comment by lou64on Aug 06, 2021 9:03am
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Post# 33662668

RE:RE:RE:news broke at 7am ONT time

RE:RE:RE:news broke at 7am ONT timeThey got problems that people neglect to address ?? 

As Canopy scales back, celebrity collaborations with Seth Rogen and Drake — deals struck when the company's previous leadership's expansion was in high gear — have fallen by the wayside.

"Canopy has dual Canadian headwinds, as market share weakness and inventory reductions by provincial boards look like a bigger drag than we had anticipated," Piper Sandler analyst Michael Lavery said in a research note last month.

Competition in Canada has been intense, with the entry of new producers weighing on growth and weed prices for any one company.

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