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.

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Canopy Growth Corp > Does Canopy deserve double the market cap of US rivals

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Comment by WeedTheNorthon Sep 17, 2021 12:27pm

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Post# 33877808

RE:RE:RE:Does Canopy deserve double the market cap of US rivals

I'll add they are trapped in the US while Canadian LPs can be invested in any other countries, in Germany, in the UK etc.

YodaLayhehoo wrote:
WeedTheNorth wrote: No US cannabis company can write off spending. That means they spend on anything and there are no deductions. Legal Canadian companies can write most everything off. It counts for a lot the markets are telling you.
YodaLayhehoo wrote:
We know the US companies make more than Canopy and are more profitable than Canopy yet Canopy trades at a huge premium. Canopy trades at double TRUL. Either TRUL needs to double in price or Canopy needs to be more than cut in half making it $9-10 per share. CURA trades in line with Canopy probably due to their charismatic chairman. Companies like TER and Gage merger have sales higher than canopy in a rapidly growing market and have market caps 25% of Canopy. Either they move up or canopy moves down to meet them eventually.

So we have one answer "write offs" are worth 4 billion in the market. Anything else?