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 > Canopy needs to right size their business

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Comment by Homestretch4meon Nov 08, 2021 9:51am

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Post# 34099255

RE:RE:Canopy needs to right size their business

I'm so disappointed. This was a big opportunity for you to use your yellow highlighter and winky faces. Instead all we get is large bolded font. Your game is slipping.

Starsearcher80 wrote: I agree with you completely Colorado. But I see no indication that Klein is either up to the task, or able to execute on the task. And the best he has to say is "no guidance"??? The problem I think, is that Klein is at heart, an accountant. Not a businessman. Not experienced in what the industry is looking for. Not a visionary. Just a bean-counter. Seriously, I thought putting him in was a massive mistake at the time, and I think it has proven to be a even more massive mistake now. The company is drowning, and I'm seeing either "deer-in-the-headlights" manouvers, and/or trying to spend their way out of their mess via aquisitions, with money that they should NOT be spending. People get excited about these acquisitions. Really, all they are is an acknowledgement that they screwed up in the first place, and that the problem continues. But instead of "getting things right" in their own house, they're continuing on a Bruce style spending spree that does NOT show signs of traction. If anything, it is only adding to the speed of the drowning, hence the most recent numbers.

I'll say it again.

NORTEL

Coloradobuff wrote: Canopy needs to be smarter with their cash. They are not hitting their 250 million target without the USA market opening. They can't count on that. They need to kick their bad products to the curb, which they are now doing. They need a better grower to make sure their bud is high quality. They also lost 7 million on storz Bickel sales. Between that and thr 34% reduction b2b cannabis, if they fix those will be better off.