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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 Coloradobuffon Nov 06, 2021 1:12pm
259 Views
Post# 34095910

RE:RE:How low will Canopy go?

RE:RE:How low will Canopy go?

I am long canopy but think they can go lower. The analyst that mentioned they should right size the business for 150 million revenue not 250 as there is no clear path to get there. I think canopy will be one of the winners but they have way too many expenses for what they are doing in revenue. 

Klein didn't clean up the operation enough. Right away, he should have right sized the business as well as fixed product mix. They need quality bud or they are done. And if they acquire they better do what's needed to do to protect share. 

the supreme buy, hide their 34% b2b reduction. And Tamy Chan called them out on it. Good for her. 

still like biosteel, Martha Stewart and storz Bickel but they need less better sku's not more shitty ones. 

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